Yandex News

MOSCOW–(BUSINESS WIRE)–ADVA (FSE: ADV) today announced that Yandex has transformed its data center interconnect (DCI) infrastructure into a 600Gbit/s transport network using the ADVA FSP 3000 TeraFlex™. The solution massively increases the capacity of Yandex’s infrastructure throughout Moscow, enabling Russia’s largest search engine provider to meet rapidly rising data demands and expand its cloud services. Delivering high levels of throughput, density and scale, the… Source link

Operator Tele2 Russia has launched a service delivering SIMs by taxi drivers taking bookings through Yandex.Taxi, reports Tdaily.ru. The service is available in the city of St Petersburg, as well in almost ten municipalities in the St Petersburg region, including Vyborg, Vsevolozhsk, Gatchina, Kingisepp, Krasnoye-Selo, Pushkin and Sosnovy-Bor. Cab drivers get the address of the closest Tele2 Russia shop to collect a SIM, as well as the address of the customer. During daytime hours,… Source link

Yandex‘s (NASDAQ:YNDX) stock recently dipped after the Russian tech company posted mixed third-quarter numbers and warned of rising COVID-19 cases across the country. Its revenue rose 30% year-over-year to 58.3 billion rubles ($732.1 million), which missed expectations by $21.8 million. On a like-for-like… Source link

Yandex (NASDAQ:YNDX) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 11,430,000 shares, a decline of 14.2% from the September 30th total of 13,320,000 shares. Based on an average daily volume of 3,390,000 shares, the short-interest ratio is presently 3.4 days. Yandex stock opened at $56.88 on Tuesday. The firm’s 50 day simple moving average is $60.86 and its 200-day simple moving average is $52.41. The company has a… Source link

Russian internet search engine Yandex has separated its cloud platform Yandex.Cloud into an independent business unit. The decision was taken on the back of the platform’s strong results in 2018-2020. Yandex.Cloud revenues have tripled since the start of the year.  More than 7,000 business customers currently use Yandex.Cloud for business development. The user base includes SMEs, large private companies and state-owned companies working in various segments of economy. Large… Source link

Yandex N.V. YNDX reported third-quarter 2020 adjusted earnings of 27 centsper share, beating the Zacks Consensus Estimate by 80%. The figure was up 200% sequentially but down 15.6% year over year. Revenues of $732.1 million (RUB 58.3 billion) lagged the Zacks Consensus Estimate of $811 million. In ruble terms, the figure rose 30% on a year-over-year basisand 40.8% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Notably,… Source link

Yandex N.V. (YNDX – Free Report) reported third-quarter 2020 adjusted earnings of 27 centsper share, beating the Zacks Consensus Estimate by 80%. The figure was up 200% sequentially but down 15.6% year over year. Revenues of $732.1 million (RUB 58.3 billion) lagged the Zacks Consensus Estimate of $811 million. In ruble terms, the figure rose 30% on a year-over-year basisand 40.8% from the previous quarter. The reported revenue figure includes the consolidated… Source link

MOSCOW and AMSTERDAM, Oct. 29, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex’s 2020 Annual General Meeting of Shareholders (“AGM”), held on Thursday, October 29, 2020, have been approved. Yandex also announced two reappointments to its Board of Directors. Arkady Volozh was re-appointed as executive member of the Board of… Source link

MOSCOW and AMSTERDAM, Oct. 29, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex’s 2020 Annual General Meeting of Shareholders (“AGM”), held on Thursday, October 29, 2020, have been approved. Yandex also announced two reappointments to its Board of Directors. Arkady Volozh was re-appointed as executive member of the Board… Source link

For Immediate Release Chicago, IL – October 29, 2020 – Stocks in this week’s article are StoneCo Ltd. STNE, Las Vegas Sands Corp. LVS, Yandex N.V. YNDX and Illumina, Inc. ILMN. 4 Toxic Stocks You Need to Dump Right Now Investing success depends upon proper identification of overhyped toxic stocks and the correctly priced ones. However, spotting toxic stocks on time and discarding them to make profit is not an easy task. Overpriced toxic stocks are generally susceptible to external shocks…. Source link