Yandex News

SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a loss of $53.6 million in its second quarter. The Schiphol, Netherlands-based company said it had a loss of 15 cents per share. Earnings, adjusted for non-recurring costs, came to 4 cents per share. The Russian search engine posted revenue of $1.12 billion in the period. Yandex shares have decreased 2% since the beginning of the year. The stock has climbed 18% in the… Source link

MOSCOW (Reuters) – Russian internet giant Yandex on Wednesday reported a 34% rise in second-quarter adjusted net income compared with a year ago and raised its 2021 group revenue forecast to between 330 and 340 billion roubles ($4.49-$4.63 billion). Yandex, which is spending $400-500 million on an e-commerce drive this year to tap into surging demand for online services during the pandemic, said gross merchandise volumes for its e-commerce businesses jumped 155% to 35.1 billion roubles… Source link

July 28, 2021Updated: July 28, 2021 5:34 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a loss of $53.6 million in its second quarter. The Schiphol, Netherlands-based company said it had a loss of 15 cents per share. Earnings, adjusted for non-recurring costs, came to 4 cents per share. The Russian search engine posted revenue of $1.12 billion in the period. Yandex shares have decreased 2% since the beginning of… Source link

July 28, 2021Updated: July 28, 2021 3:34 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a loss of $53.6 million in its second quarter. The Schiphol, Netherlands-based company said it had a loss of 15 cents per share. Earnings, adjusted for non-recurring costs, came to 4 cents per share. The Russian search engine posted revenue of $1.12 billion in the period. Yandex shares have decreased 2% since the beginning of… Source link

[unable to retrieve full-text content]Yandex: Q2 Earnings Snapshot  CT Post Source link

By Alexander Marrow MOSCOW (Reuters) -Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion), Yandex said, up from 315-330 billion roubles previously. Second-quarter revenue jumped 70% year-on-year to 81.4 billion… Source link

Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ It’s only natural to consider a company’s balance sheet when you examine how risky it is, since debt is often involved when a business collapses. As with many other companies Yandex N.V. (NASDAQ:YNDX) makes use of debt. But the more important question is: how much risk is that debt creating? Why Does… Source link

[unable to retrieve full-text content]Yandex: Spotlight On Antitrust And Recent Acquisition  Seeking Alpha Source link

GOLDMAN SACHS ASSET MANAGEMENT I bought a fresh place in Yandex N.V. (NASDAQ:YNDX). The institutional investor bought 1.2 million shares of the stock in a transaction took place on 7/08/2021. In another most recent transaction, which held on 6/30/2021, NORDEA INVESTMENT MANAGEMENT AB bought approximately 134.1 thousand shares of Yandex N.V. In a separate transaction which took place on 5/31/2021, the institutional investor, EAST CAPITAL FINANCIAL SERVICES bought 113.1 thousand shares… Source link

Through a collaboration with Oxford and Cambridge Universities, and as part of the NeurIPS conference on machine learning (ML), Yandex is to launch the global ‘Shifts Challenge’. The three-pronged competition is designed to tackle the problem of distributional shift in ML and features the largest autonomous vehicle (AV) data set in the industry to date. Containing 600,000 scenes, equivalent to over 1,600 hours of driving, the data set was collected through self-driving… Source link