* This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, July 26 (Reuters) – Russian internet giant Yandex on Tuesday reported a 45% year-on-year increase in total revenues in the second quarter to 118 billion roubles ($2 billion) and rebounded from last quarter’s net loss to post adjusted net income of 13.1 billion roubles. Yandex, one of Europe’s largest internet businesses, registered in the… Source link

Truist Financial Corp boosted its position in Yandex (NASDAQ:YNDX – Get Rating) by 7.8% in the first quarter, Holdings Channel.com reports. The firm owned 31,824 shares of the information services provider’s stock after purchasing an additional 2,289 shares during the quarter. Truist Financial Corp’s holdings in Yandex were worth $602,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made… Source link

Yahoo is set to expand its Israel-based R&D centers under new leadership that will focus on growing its local sales operations, the company said on Monday. Yahoo operates R&D centers in Tel Aviv and Haifa with about 150 programmers, engineers, and researchers who work on developing the brand. The Tel Aviv site focuses on developments in advertising technologies, video tech, and data products, while the Haifa team serves as a research center. To drive the expansion, Yahoo appointed… Source link

Yandex reports rise in revenue, profit, EBITDA Russian firm says making strong efforts to conserve cash Yandex’s Moscow-listed shares up 8% by 1345 GMT This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, July 26 (Reuters) – Russian internet giant Yandex (YNDX.O) reported on Tuesday a jump in second-quarter revenue and profit, saying efforts to save cash had helped it weather external challenges and that investments may accelerate… Source link

By all accounts, the Arizona Cardinals have done something unprecedented in the NFL’s history of elite quarterback contracts. And it’s not the $230.5 million total commitment in Kyler Murray’s record-setting deal. Nor is it the $160 million in guaranteed money or the $46.1 million average salary. All of those numbers had the league buzzing last week. But it’s another, much smaller number that had jaws hitting the floor on Monday. Four. More specifically, four hours. A time increment… Source link

The most serious threat to Google’s ad tech dynasty is regulation. Google has been at the center of countless antitrust lawsuits worldwide, with governing bodies slowly forcing more balance in the advertising marketplace. The recently introduced Competition and Transparency in Digital Advertising Act, for example, would compel Google to sell off its ad tech products. Without its ad tech business, Google would still be a formidable force in digital advertising. After all, most of its ad… Source link

Chipotle (CMG) is set to report its fiscal second quarter earnings on Tuesday after market close as inflation remains top of mind for both businesses and consumers. Here’s what Wall Street expects, according to Bloomberg consensus estimates: Revenue: $2.25 billion expected Adj. earnings per share (EPS): $9.10 expected U.S. same-store sales: 10% to 12% increase expected Analysts anticipate that, similar to last quarter, Chipotle will benefit from its expanded growth in digital sales and online… Source link

While golfers have tiptoed around their negotiations with LIV Golf and frequently bristle at questions about the league, Charles Barkley is taking no such tack. The Basketball Hall of Famer and TNT broadcaster is approaching his flirtation with the controversial Saudi Arabia-backed golf league as he does most subjects — with candor. Barkley, who’s acknowledged that he’s in negotiations with LIV Golf and is playing in the league’s New Jersey Pro-Am this week at a Trump golf course, spoke with… Source link

U.S. stocks finished uninspiring session mixed on Monday as investors kick off the busiest week of the year for corporate earnings and economic data. When the closing bell rang, the S&P 500 was up 0.1%, the Dow gained 0.3%, and the tech-heavy Nasdaq was the laggard, falling some 0.4%. Last week, all three major indexes logged weekly advances with the S&P 500’s advance since mid-June lows coming in at about 8%. The Nasdaq has gained over 10% during this period. In the coming days, quarterly… Source link

Yahoo Sports’ Dan Wetzel and Sports Illustrated’s Pat Forde discuss the NCAA Notice of Allegations sent to Tennessee relating to 18 Level 1 violations allegedly committed by former head coach Jeremy Pruitt and his staff. Video Transcript DAN WETZEL: Tennessee Vols Jeremy Pruitt era is closing, finally. A disastrous decision. Probably one of the worst hires in SEC history, and it’s an illustrious group there. 18 level one violations. It’s not the amount, it’s $60,000 about in gifts, cash,… Source link