logitech reported a raise at the end of july.ck sold off from 46 to 43 a little over a week later it's up 45 and change i bet it's got more room to run, though don't take it from me. let's check in and find out where the quarter is headed. welcome back to "mad money." i tell you, you were the one who first told me about egaming. i had no idea. before we get to, that we have a lot of news today about elon musk. >> sure. >> he is talking whereby being private might be better. you start the conference call in 2012 there are a lot of people who said you needed to go private to do what you needed to do but didn't need to do that in order to change ourselves. i may change that because i love being a public company wait a second. he said he hates being a public company. you love it? >> elon musk is in a completely different situation than we are in but what i love about being in a public company i love the forced rigor of the short-term. it keeps the heart beat going fast that's what you need >> the late, andy grove felt the same way it

logitech, designed specifically for gaming logitech has been dragged down by the recent tech sell-offen though the company reported very strong quarter on monday. management raising their full year revenue forecast. i think it's insane. i think logitech doesn't care if the traditional video game publishers are losing market share to fortnight they win either way. yesterday's pullback a gift. finally, last but certainly not least, we can't really talk about the stay-at-home renaissance without addressing the elephant in the room i'm talking about amazon this stock is trading in the low 800s in october 2016 now it's trading in the 1700s, almost to the 1800s. amazon is a juggernaut while other parts of fang may be faltering, amazon remain on fire with gaining year to date. this company is the ultimate disrupter in retail. prime is one of the greatest bargains in history and it gives them nice recurring revenue stream and the biggs player in the cloud. it's red hot the latest quarter here was a thing of beauty. i've long told you that amazon could turn on the spigot and make itself much m

let's bring in logitech ceo brock and darrow. great to have you with us.tart off with the elephant in the room, the real threat that has been imposed on your company as a company that has been headquartered in the u.s. do you feel under threat at the moment? day, the end of the everyone is manufacturing in china and shipping into the u.s. it's working. if there is a second or third round of tariffs, we don't know. there,st round is out and we have had to adjust to that, and we are all waiting to see if a second round will come. we are prepared to act. are you having to think differently about expansion and investment and business decisions? >> it's not certain where this is going. i would not say it has directly affected our investment decisions thus far. we've got to be able to adjust to any economic or regulatory environment. rami: looking at what is happening in the china market, it is still a growth engine, but the market is still slowing down. looking at the peripherals of what you guys sell, how are you looking at that as you move ahead? bracken: we

guy: that was the logitech ceo, bracken darrell speaking to bloomberg.encent, which has lost more than $150 billion in market value since a january peak, reports numbers later on today. we are expecting them in maybe just over an hour's time. meanwhile, chinese regulators are said to have frozen approval of game licenses. it throws the world gaming market into disarray. that's go to hong kong and speak a bloomberg editor. what is behind this move from china? darrell might be right to say is a huge china potential market for games in general, but if you look at this, this is the world's largest gaming market and what has been happening in the past few months is absolutely unbelievable, where you have to they areat top and going through these restructuring, reshuffling in the personnel management and everything, and that is causing an entire freeze on the gaming sector as a whole. that is not just for tencent, but smaller developers, as well. a chain reaction to global game developers like capcom, activision, blizzard. all games that distribute via affecte