Yandex (NASDAQ:YNDX – Get Rating) saw unusually large options trading on Wednesday. Stock investors purchased 1,814 put options on the company. This represents an increase of 1,437% compared to the average volume of 118 put options. A number of equities analysts recently issued reports on the company. StockNews.com cut Yandex from a “hold” rating to a “sell” rating in a report on Monday, March 7th. Citigroup cut their target price on Yandex from $75.00 to… Source link

Yahoo has announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for the region. Yahoo, a US-based internet media company, revealed that it will host a series of virtual events and concerts for Hong Kong residents in the Decentraland metaverse. According to Lorraine Cheung, the head of audience at Yahoo Hong Kong, the company sees the Metaverse as an attractive alternative for Hong Kong residents looking to engage… Source link

Dallas Cowboys owner Jerry Jones has zero reason to worry about competing with another team in North Texas, but that’s not going to stop him from speaking his mind. Dallas mayor Eric Johnson made headlines earlier this week when he once again suggested the NFL give the Dallas-Fort Worth area another franchise. Johnson had previously floated the idea of an NFL expansion team coming to town, but he had a different idea this time. In reaction to news of a brewing Chargers ownership fight, Johnson… Source link

Placeholder while article actions load “Life, although it may only be an accumulation of anguish, is dear to me, and I will defend it,” the anguished monster tells his creator in Mary Shelley’s “Frankenstein,” defending his right to exist now that he has been brought to consciousness. Early summer may feel like an odd time to revisit a gothic horror classic. But the ethical questions the novel raises — about humanity, technology, our responsibilities toward our creations — seem… Source link

BOSTON — Robert Williams III has his good days and his bad days. The Boston Celtics big man underwent surgery on March 30 after suffering a torn meniscus in his left knee. He returned to action for Game 3 of the opening-round series against the Brooklyn Nets in just under a month. Ever since then, he has been listed as questionable leading up to each game he’s participated in the 2022 NBA playoffs. His availability status has not been a protective strategy to throw off the opposition. Team… Source link

Remember the outrage when a handful of U.S. oil refineries closed in 2020? If you don’t, that’s because there wasn’t any outrage. Oil and gasoline prices were blissfully low and the COVID-19 pandemic dominated the news. Hardly anybody noticed. Energy investors certainly did, however, because 2020 was one of the worst years in history for energy producers. Exxon Mobil notched the first loss in its history, a gigantic $22 billion write-off. The five biggest U.S. oil refiners — Marathon… Source link

(Bloomberg) — Analysts increasingly see a recession looming in the US following the Federal Reserve’s biggest increase in interest rates since 1994 and signs of weaker consumer spending. Most Read from Bloomberg The Fed hiked its policy rate by 75 basis points Wednesday to a range of 1.5% to 1.75%, as officials intensified their battle against inflation that’s remained stubbornly high. Wells Fargo & Co. now forecasts a “mild recession” starting in mid-2023, as inflation becomes more… Source link

Market Coverage – Thursday June 16 Yahoo Finance – Yahoo Finance Source link

Jesse Powell is the founder and CEO of crypto exchange Kraken.Kraken Kraken’s CEO is offering four months’ pay for employees who don’t agree with his values to leave. The program is dubbed “Jet Ski,” and employees have until June 20 to take part, the New York Times reported. “We want it to feel like you are hopping on a jet ski and heading happily to your next adventure!” read a memo about the project. Kraken, one of the world’s largest cryptocurrency exchanges, will pay employees four months’… Source link

More than 100 days after her arrest at a Moscow airport, Brittney Griner still doesn’t have a trial date. A Russian court extended the WNBA star’s pre-trial detention for a third time on Tuesday, this time until at least July 2, according to a Russian state media agency. The delays are officially to grant prosecutors more time to gather evidence even though the investigation in this case appears relatively straightforward. The only witnesses seem to be Griner and the airport customs… Source link