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Shares of Yandex (NASDAQ:YNDX) have had a fantastic run-up in the past five years with a return of 192.7%, far outpacing the S&P500‘s 125% during the same period. It was one of the biggest private enterprises to emerge from the ashes after the fall of the Soviet Union.  The popular search engine and conglomerate has taken countries in the former Soviet Union by storm, accumulating 59.7% market share in the region stretching from Minsk in the west to… Source link

Target (TGT) delivered solid results for the second quarter and joins a select few retailers — namely rival Walmart — in saying the COVID-19 Delta variant hasn’t led to a marked sales slowdown for the all-important back-to-school shopping season even as consumer confidence has begun to wane. “While the current environment remains volatile, our results over the last 18 months have proven conclusively that our team and operating model can seamlessly adapt to changes in the environment, and… Source link

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 Wednesday, August 18, 2021 Homebuilder confidence hits a 13-month low in July The housing market has been in a frenzied state for over a year now, but the cracks in this market have been evident for some time.  And on Wednesday, we got another sign that the COVID-related boom in this market is starting to wane.  Homebuilder confidence as measured… Source link

(Bloomberg) — U.S. equity-index futures fell and the dollar weakened as investors assessed the outlook for economic recovery and awaited the latest Federal Reserve minutes to gauge the direction of monetary policy. Contracts on the S&P 500 Index slipped 0.1% after the underlying gauge fell on Tuesday by the most in four weeks. The dollar halted a two-day rally and Treasury yields were steady. Oil rebounded from a four-day slump a U.S. industry report pointed to a drop in domestic crude… Source link

Google has started to push out the silent upgrade to its new Fuchsia operating system on first-gen Nest Hub devices (known as the Google Home Hub on release), meaning the secretive project will be broadly used by consumers after years of opaque development. The OS, which unlike Android isn’t based on Linux and uses a microkernel called Zircon, was previously made available to some devices enrolled in a preview program back in May. Now, Google has confirmed to 9to5Google that a new… Source link

Sarah Tew/CNET Google’s $449 Pixel 5A with 5G is the second major Pixel announcement this year, hot on the heels of… Source link

(Updates with BlackBerry’s statement) Aug 17 (Reuters) – A cybersecurity flaw in a software designed by BlackBerry Ltd could put at risk cars and medical equipment that use it and expose highly sensitive systems to attackers, the U.S. drugs regulator and a federal agency said on Tuesday. The warning came after the Canadian company disclosed https://support.blackberry.com/kb/articleDetail?articleNumber=000082334 that its QNX Real Time Operating System (QNX RTOS) has a vulnerability that could… Source link

The sudden collapse of Afghanistan’s government has led to a frantic attempt to accelerate online relief and evacuation efforts. These attempts, organized largely via Google Forms, WhatsApp and ,private social media groups, are trying to fill the void left by the US government’s failure to protect vulnerable Afghans. It could be the only lifeline for many trying to flee the country—but at the same time it is not without risk, as observers fear crowdsourced information could be used by… Source link

SALEM, Ore. (KTVZ) — The Oregon Department of Education announced Tuesday a new collaboration with Google to provide free professional training and certifications to Oregon public school teachers who successfully apply for the program. The partnership will offer courses for Google for Education Level 1 Certification, which equips teachers with skills and tools to manage coursework, inspire learning and boost collaboration to improve student outcomes further using Google’s… Source link

Stock futures opened lower Tuesday evening to extend declines after a steep drop earlier in the day, after a weaker-than-expected print on U.S. retail sales called into question the strength of the ongoing economic recovery. Contracts on the S&P 500 dipped. The index dropped 0.7% during the regular trading day on Tuesday to end a five-session winning streak and post its biggest decline in a month. Cyclical and reopening stocks including cruise lines and airlines sold off, and the small-cap… Source link