Yandex (NASDAQ:YNDX) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Yandex (NASDAQ:YNDX) have been given an average rating of “Buy” by the nine analysts that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $82.88. Several analysts have issued reports on YNDX shares. UBS Group raised Yandex from a “neutral” rating to a “buy” rating and… Source link

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South Korean edtech startup Mathpresso adds Google as an investor – TechCrunch

Mathpresso, the Seoul-based edtech company behind QANDA, an AI-based learning app for K-12 students, announced today it has added Google as a new investor. Google’s undisclosed investment is not part of its Series C raised in June, the company said without providing its valuation. The additional investment event comes five months after its $50 million Series C, which brought its total funding to $105 million as of June. The company’s previous backers include… Source link

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Google, Temasek, Bain report on Southeast Asia internet economy 2021

Gojek drivers waiting for passengers in Indonesia. afif c. kusuma | iStock Editorial | Getty Images SINGAPORE – More than 75% of the population in six major Southeast Asian countries have access to the internet and a majority of them have shopped online at least once, according to a new report from Google, Temasek Holdings and Bain & Company. As many as 40 million people across Singapore, Malaysia, Indonesia, the Philippines, Vietnam and Thailand came online for the first time this year,… Source link

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2 “Strong Buy” Dividend Stocks With 8% Dividend Yield

Let’s talk about rising markets, and whether or not to buy in. That’s the question that investors need to consider right now, as the major indexes have hit record highs – but the economy is flashing signs of concern for those who care to look. Inflation continues to rise, and the 10-year Treasury bond yield, which had risen above 1.5%, has slipped to 1.4% and is trending down. Investors are seeking returns, and so are drawn to the stock markets; they’re banking that central banks will… Source link

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Albright hits back at Federal Circuit while moving Google patent dispute

A logo is seen on the New York Google offices. New York City, U.S., July 29, 2021. REUTERS/Andrew Kell Google asked Waco, Texas judge to move case to California Federal Circuit has criticized Albright decisions to keep cases Albright moves case, but says Federal Circuit “muddled” law Nov 9 – A federal judge who has been under fire for resisting requests to transfer cases granted Google LLC’s bid to move a patent dispute over its Pixel smartphones from his Waco, Texas court to California. In a… Source link

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Stock futures open lower ahead of inflation data

Stock futures opened slightly lower Tuesday evening to hold below record levels, with investors fixing their attention on a key inflation report due for release Wednesday morning.   Contracts on the S&P 500 ticked down, after the index closed out its first session of losses following eight straight days of gains. The Dow and Nasdaq had each also ended the session lower to pause after a record-setting run-up.  One of the most closely watched reports due for release Wednesday morning will be… Source link

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US regulators ‘need to get with the program’ on cryptocurrencies: Ripple exec

Step up your crypto game John and Jane Doe regulator, says one high-ranking executive at cryptocurrency Ripple. “I think the U.S. regulators in particular need to get with the program and come up with more proactive regulation,” said Asheesh Birla, RippleNet general manager, at the Yahoo Finance/Decrypt crypto investing conference on Tuesday. Birla pointed out that much of Ripple’s cross boarder payment volume is concentrated overseas, reflecting a better regulator framework.  “Countries like… Source link

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Elon Musk Loses $50 Billion in Two Days in Record Wealth Plunge

(Bloomberg) — Elon Musk has lost $50 billion so far this week after Tesla Inc. shares plunged for the second day in a row. Most Read from Bloomberg It’s the biggest two-day decline in the history of the Bloomberg Billionaires Index, and the biggest one-day fall after Jeff Bezos’s $36 billion plunge following his divorce from MacKenzie Scott in 2019. Tesla’s rout comes amid a tumultuous few days for the automaker. It started when Musk asked his Twitter followers over the weekend whether… Source link

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City OKs Google data centers amid secrecy, water worries

SALEM, Ore. — The council of a small Oregon city has approved a deal with Google that will enable the technology giant to build two more water-guzzling data centers there, though some residents worry about drought and secrecy. A single data center can churn through millions of gallons of water per day to keep hot-running equipment cool, and the placement of these facilities in drought-prone areas is an increasing concern around the globe, even as reliance on them is growing. Data centers… Source link

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