© Reuters By Peter Nurse Investing.com — Stocks in focus in premarket trade on Friday, February 25th. Please refresh for updates. Beyond Meat (NASDAQ:) stock fell 10% after the posted disappointing numbers for the fourth quarter with revenue falling short of expectations and its net loss more than tripling. Tesla (NASDAQ:) stock rose 1.4% after Daiwa upgraded its stance on the electric car manufacturer to “outperform” from “neutral”, saying the rising gasoline prices… Source link
Read More »Yandex NV (YNDX) Up 7.53% in Premarket Trading
News Home Friday, February 25, 2022 07:19 AM | InvestorsObserver Analysts Yandex NV (YNDX) is up 7.53% today. YNDX has an Overall Score of 29. Find out what… Source link
Read More »Yandex Stock: Bear vs. Bull
Yandex ( YNDX -6.79% ), one of Russia’s largest tech companies, lost 40% of its market value over the past 12 months as it grappled with an antitrust probe, concerns about its net losses, rising interest rates, and the Ukrainian conflict sparking an exodus from Russian equities. But after that steep sell-off, Yandex trades at just 2.2 times this year’s sales. That seems like a very low valuation for one of Russia’s largest online search, ride-hailing, e-commerce, and… Source link
Read More »Yandex warns Russian users of unreliable information online after Moscow threatens media
The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, Feb 25 (Reuters) – Russian tech giant Yandex (YNDX.O) has started warning Russian users looking for news about Ukraine on its search engine of unreliable information on the internet, after Moscow threatened Russian media over what they publish. Authorities on Thursday… Source link
Read More »How US Sanctions Will Crimp Russia’s Tech Sector
Last November, the tech giant Yandex unveiled Chervonenkis, Russia’s most powerful supercomputer and the 19th most powerful commercial computer on the planet. Chervonenkis, which Yandex uses to train artificial intelligence algorithms for applications like web search and translation, was built by linking together more than 1,500 chips from the US company Nvidia. Earlier this week, Russia’s Ministry of Internal Affairs said that it was having trouble sourcing the homegrown chips it’s… Source link
Read More »Live updates: Stocks tumble points as Russia invades Ukraine – CNN
The International Energy Forum called on world leaders Thursday to avoid supply disruptions that would only drive oil prices higher in the wake of Russia’s invasion of Ukraine. “We urge producer and consumer countries to have a sensitive focus on energy market stability and prevent any disruption to supplies that could lead to further increased prices and heightened volatility,” Joseph McMonigle, secretary general of the International Energy Forum (IEF), said in a statement. The… Source link
Read More »Yandex shares are down 71 percent following Russia's invasion of Ukraine – DatacenterDynamics
Shares in Russia’s largest tech company Yandex are down 71 percent compared to February 16. They dropped 54.4 percent directly after the invasion of Ukraine on February 23. The dramatic fall comes as part of a wider collapse of Russian stocks as investors fear growing turmoil and state sanctions. Yandex launched a public cloud service in 2018, initially for its home… Source link
Read More »Yandex's 54% slide leads Russia-facing communications stocks lower (NASDAQ:YNDX) – Seeking Alpha
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Read More »Yandex, Mobile TeleSystems, Ozon Holdings among premarket losers' pack – Seeking Alpha
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Read More »Russia-exposed stocks plummet as tougher Western sanctions loom
A small toy figure and gold imitation are seen in front of the Polymetal logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Feb 24 (Reuters) – Shares in Russian exposed companies bore the brunt of selling pressure across European and U.S. equity markets on Thursday after Russian forces launched a full-scale invasion of Ukraine, raising the prospect of tougher sanctions. U.S.-listed shares of Russian… Source link
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