FlowBank

1171 days ago

Logitech Q3 sales rise 85% with an earnings surprise

Operating income triples, cash flow from operations in 2020 were up $530 million vs $181 million a year prior. More than doubled on the consensus estimated earnings with a reported EPS of $2.45  Source: Yahoo

#Stocks #Technology

1172 days ago

Not all tech regained their 2000 bubble peak

If the Nasdaq had already caught-up in under 15 years (and now, well above it), companies like Cisco and Intel never regained their past valuations. Although the situation is different today, with a Nasdaq that seems lees inflated than it was back in 2000 according to Morgan Stanley analyst Andrew Slimmon, there can always be a downturn went you pay a big premium for future promises of tech. 

#Technology
Not all tech regained their 2000 bubble peak

1173 days ago

The Federal Aviation Administration (FAA) for the 1st time issued approval for the first fully automated commercial drone flights

It's been revealed Friday that the FAA granted a small Massachusetts-based company called American Robotics Inc. the authorization to operate automated drones, meaning they won't need either hands-on piloting on the ground or direct observation while in flight. The decision “limits operation of automated drones to rural areas and altitudes below 40 feet, but is a potentially significant step in expanding commercial application” - Source: www.zerohedge.com 

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FAA approval for automated commercial drone flights

1175 days ago

Nvidia gaming revenue is on the rise

Nvidia's GPUs are sold to both gamers and miners of bitcoin. The surge in recent bitcoin prices could explain part of NVDA rising growth in revenues as more people seek to mine themselves. Source: WSJ

#Technology
GAMING REV UP

1175 days ago

Financials and Tech take largest stakes in MSCI Emerging Markets index and S&P 500

''A December investor survey from RBC Capital Markets, meanwhile, found that emerging-markets stocks, small-capitalization stocks and cyclical stocks were among the top picks for trades expected to outperform in the next six to 12 months.'' -- WSJ

#Stocks #Macro #Technology
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