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April 28, 2021Updated: April 28, 2021 5:32 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a first-quarter loss of $53 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Schiphol, Netherlands-based company said it had a loss of 14 cents. Earnings, adjusted for non-recurring costs, were 8 cents per share. The Russian search engine posted revenue of $966.1 million in the period. … Source link

(Adds dropped country code) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link

(Adds dropped country code) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link

To keep your files protected and well-managed, exploring cloud storage is a savvy move to make – in both your professional and personal life. Released in 2015, Google Photos is a leading, free cloud storage option worth considering if you want to keep your image and video files attractively organised, easily accessible from one place and reassuringly secure. In this article, we break down how Google Photos works to help you decide whether it meets your storage needs. If you want to gain… Source link

(Adds detail, analyst comment) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link

TipRanks Buy These 2 New Stocks Before They Jump Over 60%, Says Goldman Sachs The S&P 500 is showing a 6-month gain of 24%. Stocks generally have been gainers as the coronavirus crisis recedes, economies reopen, and the Federal Reserve remains committed to low-rate regime. In this environment, it’s no wonder that many companies are considering going public through an IPO. The high-return environment we’re experiencing right now makes the IPO attractive as a way to not just raise capital… Source link

  Shares of Yandex (NASDAQ:YNDX) moved higher by 1.6% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 60.00% year over year to $0.08, which missed the estimate of $0.21. Revenue of $966,100,000 higher by 59.77% year over year, which beat the estimate of $927,900,000. Looking Ahead The upcoming fiscal year’s revenue expected to be between $4,161,000,000 and $4,359,000,000. Details Of The Call Date: Apr 28, 2021 Time:… Source link

MindMed’s (MNMD) Nasdaq debut Tuesday made it the second psychedelic drug developer to be listed on a major U.S. stock exchange. UK-based Compass Pathways (CMPS) went public on the Nasdaq in September, while last week Peter Thiel-backed ATAI Life Sciences filed for an IPO. Just a year ago, New York-based MindMed was a penny stock on the over-the-counter market.  Shares fell 29% in their first day of trading on the Nasdaq, but that’s after they ran up 65% Friday and 33% Monday on the OTCQB… Source link

MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / April 28, 2021 /– Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2021. Q1 2021 Financial and Operational Highlights 1,2 In RUB millions Three months ended March31, 2020 2021 Change Total Revenues 52,429 73,136 39% Total Group on a Online Ad Revenues 32,082 35,996 12%

Bloomberg Saudis in Talks to Sell Aramco Stake to Global Energy Firm (Bloomberg) — Saudi Arabia’s crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a “leading global energy company” as he forecast an economic rebound after the coronavirus pandemic.The kingdom is looking at the potential sale — which could be worth about $19 billion, based on the company’s market value — as a way to lock in customer demand for the country’s crude, Crown… Source link