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
Read More »Warren Buffett has warned against hoarding cash, gold, or bitcoin during wars — and touted stocks as the safest long-term bet
Warren Buffett.Alex Wong/Getty Warren Buffett has advised against swapping stocks for cash, gold, or bitcoin during wars. The Berkshire Hathaway CEO favors productive businesses over dollars, crypto, or haven assets. Buffett touted Russia’s invasion of Ukraine in 2014 as a buying opportunity for long-term investors. Warren Buffett has warned against dumping stocks, hoarding cash, and buying gold or bitcoin when war breaks out, as he believes investing in businesses is the best way to build… Source link
Read More »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
Read More »Top White House official on the Russian sanctions to come: ‘We’re not cowboys’
On Wednesday afternoon, just hours before Vladimir Putin launched a long-planned attack on Ukraine, a top White House official joined Yahoo Finance Live to preview the planned sanctions against Russia. Daleep Singh, White House Deputy National Security Advisor for International Economics, underlined that the plan will be wide-ranging — and that crucial American economic allies will be on board to make the measures stick. His comments echo those made by White House press secretary Jen Psaki Source link
Read More »Leadership lessons from Google and Alphabet’s X
I’m entering year two of my second startup, this time as CEO, and I’ve been thinking a lot about best practices for starting and building a company. I spent nearly a decade working at Google and more than three years at Alphabet’s X, the moonshot factory. There I cofounded X’s first cybersecurity startup, Chronicle, before venturing out and founding Stairwell. Along the way, I learned some important management lessons and philosophies that continue to help me. 1. Create unique… Source link
Read More »Ukraine-Russia crisis won’t stop Fed from jacking up interest rates: Goldman Sachs
The Federal Reserve is unlikely to back off raising interest rates starting at its March meeting as it wrestles with trying to fight red-hot inflation against the backdrop of Russia invading Ukraine. “The current situation is different from past episodes when geopolitical events led the Fed to delay tightening or ease because inflation risk has created a stronger and more urgent reason for the Fed to tighten today than existed in past episodes,” said Goldman Sachs Chief Economist Jan Hatzius… Source link
Read More »Russia-addled Wall Street may be banking on a rescue: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, February 24, 2022 Why things aren’t as bearish as they appear Dispatches from Wall Street — where tensions between Russia and Ukraine turned hot overnight, displacing fears of inflation fighting central bankers — have become decidedly bleak these days. Cratering stocks are “on a war footing,” as Barron’s said this week, which… Source link
Read More »Nasdaq 100 Futures Point to First Bear Market Since March 2020
(Bloomberg) — Futures tracking the Nasdaq 100 Index signaled the U.S. equity gauge is poised to fall into a bear market on Thursday for the first time since the depths of the pandemic selloff as investors exit risk assets on geopolitical risks. Most Read from Bloomberg March futures for the technology-heavy index slid as much as 3.3%, as Russian forces attacked targets across Ukraine after President Vladimir Putin ordered an operation to demilitarize the country, prompting a threat of further… Source link
Read More »Putin begins military operation in Ukraine
Russian President Vladimir Putin signaled the start of a military operation in Ukraine early Thursday morning local time, announcing that Russian troops would enter Ukraine’s Donbas region. The territory is held by Russian-backed separatists, and Putin declared it independent of Ukraine earlier this week. “I have decided to conduct a special military operation,” Putin said in a speech broadcast on Russian television. “Russia cannot exist with a constant threat emanating from the… Source link
Read More »Resetting expectations for playoff push
With the NBA All-Star break over, teams are heading into the final stretch of the 2021-22 regular season with around 25 or so games remaining. With that in mind, Yahoo Sports’ NBA experts reset their preseason predictions for a number of awards, late-playoff matchups and what will be the most interesting storylines heading into the postseason. MVP Vincent Goodwill: Joel Embiid, Philadelphia 76ers Chris Haynes: Chris Paul, Phoenix Suns Ben Rohrbach: Joel Embiid, Philadelphia 76ers Odds to win:… Source link
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