Tag Archives: concerns

U.S. stock futures fell Thursday morning as investors weighed the potential economic costs of the Federal Reserve’s ongoing fight with inflation. Contracts on the S&P 500 fell by more than 2% in early trading, reversing course after rising 1.5% on Wednesday. Contracts on the Nasdaq declined by more than 2.5%, and Dow futures sank by more than 500 points, or 1.8%. The 10-year Treasury yield rose to about 3.44%, hovering near its highest level since 2011. Stocks, which moved initially to the… Source link

U.S. stocks dropped on Wednesday, with the S&P 500 and Dow giving back gains after rising for back-to-back sessions. The S&P 500 fell over 1% on Wednesday, while the Dow and S&P 500 both lost more than 0.7%. The small-cap Russell 2000 was the day’s biggest laggard, falling over 1.5% at session lows. All three major averages had kicked off this week with gains, rising on both Monday and Tuesday. West Texas intermediate crude oil prices (CL=F) rose above $122 per barrel to reach the highest… Source link

Google parent Alphabet Inc. GOOG -1.62% is expected to report strong sales growth despite global economic turmoil, propelled by digital advertising spending in its core search business. Rising inflation, supply chain disruptions, Russia’s war on Ukraine and other factors have weighed on the economic outlook and, analysts say, companies’ appetite to spend on ads. Snap… Source link

Private data could be collected from thousands of Android and iOS apps via Yandex, the leading search engine in Russia, according to security researchers. The issue revolves around how this data might be available to Russia state agencies. In addition to being a search portal, Yandex also makes a software development kit (SDK) called AppMetrica, which does app usage analytics and marketing and is similar to Google’s Firebase. The SDK has been incorporated into more than 52,000 different… Source link

In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: European lawmakers propose the Digital Markets Act to tackle antitrust behaviour in Big Tech; Russia’s search engine, Yandex, has sparked security concerns over harvesting users’ data; US representatives propose a new bill to create a digital dollar; and, Meta have hired digital consulting firm Targeted Victory to “orchestrate a nationwide campaign”… Source link

Russia’s biggest internet company has embedded code into apps found on mobile devices that allows information about millions of users to be sent to servers located in its home country. The revelation relates to software created by Yandex that permits developers to create apps for devices running Apple’s iOS and Google’s Android, systems that run the vast majority of the world’s smartphones. Yandex collects user data harvested from mobiles, before sending the information to… Source link

Pressure has mounted in recent weeks on U.S. pensions to dump Russian assets, but policymakers scrambling to unwind investments face a bigger moment of truth — what about their holdings in other autocratic regimes? Russian President Vladimir Putin’s invasion of Ukraine has prompted many of the largest public pension plans to quickly divest from Russian securities or trim their exposure to harder-to-exit allocations. The first-of-its-kind move to exit so abruptly put into question the… Source link

Mozilla has removed the Yandex Search, Mail.ru, and OK.ru default search providers from the Firefox browser over reports of state-sponsored content favored in search results. These sites are three of the most popular websites in Russia, used by over a hundred million users per month. Since 2014, Mozilla has made Yandex the default search engine in Russia, and the following year made it the default search for users in Turkey. With today’s release of Firefox 98.0.1, Mozilla announced that… Source link

(Bloomberg) — The relentless selloff in Chinese technology stocks continued on Monday, as Beijing’s close relationship with Russia raised risks for mainland companies already battered by renewed regulatory headwinds. Most Read from Bloomberg The Hang Seng Tech Index slumped more than 9%, poised for the largest drop since the guage was introduced in July 2020 and driving losses in broader Hong Kong and China stocks. The Golden Dragon Index, which tracks American depository receipts of… Source link

Stocks were mixed on Monday as investors eyed the escalating threat of Russian invasion in Ukraine alongside ongoing concerns over inflation and an aggressive move toward policy tightening by the Federal Reserve. The S&P 500 fluctuated between small gains and losses after last week’s roller-coaster sessions on Thursday and Friday. Treasury yields rose and the 10-year yield hovered back near 2%. Oil prices steadied after a recent run-up as Russia’s Foreign Minister Sergey Lavrov said he was… Source link