Yandex News

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

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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

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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

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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

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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

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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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Should You Sell Yandex NV (YNDX) Stock Thursday Morning?

Yandex NV (YNDX) is lower by Thursday morning, with the stock falling -27.50% in pre-market trading to 24.68. YNDX’s short-term technical score of 28 indicates that the stock has traded less bullishly over the last month than 72% of stocks on the market. In the Internet Content & Information industry, which ranks 140 out of 146 industries, Yandex NV ranks higher than 55% of stocks. Yandex NV has fallen 19.91% over the past month, closing… Source link

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