Tag Archives: Financial

Apple, Activision Blizzard, Ally Financial and more

Apple, Activision Blizzard, Ally Financial and more

Stocks held on to gains Monday, reversing earlier declines, with the Nasdaq leading the way, closing up 0.62% to 13,128.05. Here are the top trending after-hours tickers on Yahoo Finance: Apple (AAPL), Activision Blizzard (ATVI), Ally Financial (ALLY): Berkshire Hathaway boosted its stake in Apple, Activision Blizzard, Ally Financial, Paramount Global (PARA) and Celanese (CE), according to a regulatory 13F filing. Berkshire added about 3.9 million shares of Apple, bringing its total stake in… Source link

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NVIDIA Announces Preliminary Financial Results for Second Quarter Fiscal 2023

NVIDIA Announces Preliminary Financial Results for Second Quarter Fiscal 2023

NVIDIA Preliminary second quarter revenue of $6.70 billion versus outlook of $8.10 billion Shortfall versus outlook primarily driven by weaker Gaming revenue Management to discuss financial results and outlook on Aug. 24 earnings call SANTA CLARA, Calif., Aug. 08, 2022 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today announced selected preliminary financial results for the second quarter ended July 31, 2022. Second quarter revenue is expected to be approximately $6.70 billion, down 19%… Source link

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Yandex Announces Second Quarter 2022 Financial Results

Yandex Announces Second Quarter 2022 Financial Results

MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / July 27, 2022 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies, today announced its unaudited financial results for the second quarter ended June 30, 2022. Q2 2022 Financial and Operational Highlights1,2 In RUB millions Three months ended June 30 2021 2022 Change Total Revenues 81,402 117,748 45% Online Ad Revenues 39,586 48,430 22% Total Adjusted EBITDA 5,780 25,694 345% Total Group Total Adjusted EBITDA margin, %

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Truist Financial Corp Has $602,000 Position in Yandex (NASDAQ:YNDX)

Truist Financial Corp Has $602,000 Position in Yandex (NASDAQ:YNDX)

Truist Financial Corp boosted its position in Yandex (NASDAQ:YNDX – Get Rating) by 7.8% in the first quarter, Holdings Channel.com reports. The firm owned 31,824 shares of the information services provider’s stock after purchasing an additional 2,289 shares during the quarter. Truist Financial Corp’s holdings in Yandex were worth $602,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made… Source link

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Crypto platform Vauld suspends withdrawals, trading and deposits amid financial challenges

Crypto platform Vauld suspends withdrawals, trading and deposits amid financial challenges

Vauld, a Singapore-headquartered crypto lending and exchange startup, has suspended withdrawals, trading and deposits on its eponymous platform with immediate effect as it navigates “financial challenges,” it said Monday. The startup — which counts Peter Thiel-backed Valar Ventures, Coinbase Ventures and Pantera Capital among its backers and has raised about $27 million — said it is facing financial challenges amid the market downturn and has seen customer withdrawals of about $198 million… Source link

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Google Expands Requirements for Ads Relating to Financial Products and Services

Google Expands Requirements for Ads Relating to Financial Products and Services

Google has announced an expansion of its rules around ads relating to financial products and services, in order to provide additional protection from fraud and scams for consumers in more regions. Google launched the first stage of its new financial services policy roll out in September last year, with providers in the UK required to provide documentation confirming that they’re authorized by the UK Financial Conduct Authority before they can run Google ads. Now, the same regulations will… Source link

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China continues to dismantle missing tycoon Xiao Jianhua’s financial empire

China continues to dismantle missing tycoon Xiao Jianhua’s financial empire

Rongtong Fund Management, which was once part of Xiao Jianhua‘s Tomorrow Group, has unveiled a management reshuffle, marking its official exit from the missing Chinese magnate’s embattled financial empire. Zhang Wei was named Rongtong’s chairman on Friday, taking over from Gao Feng who resigned citing personal reasons after seven years in the position, according to a statement issued by the asset management firm. Zhang is also the chairman of New Times Securities, which owns Rongtung, and was… Source link

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Star Royalties Reports Q1 2022 Financial Results

Star Royalties Reports Q1 2022 Financial Results

Toronto, Ontario –News Direct– Star Royalties Ltd. Star Royalties Ltd. May 30, 2022 – TheNewswire – TORONTO, ON – Star Royalties Ltd. (“Star Royalties”, or the “Company”) (TSXV:STRR), (OTC:STRFF) is pleased to report its financial results for the quarter ended March 31, 2022.  All amounts are in U.S. dollars unless otherwise indicated. Alex Pernin, Chief Executive Officer of Star Royalties, commented: “During the first quarter of 2022, Elk Gold Mine commenced production, while… Source link

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End of Easy Money Brings a $410 Billion Global Financial Shock

End of Easy Money Brings a $410 Billion Global Financial Shock

(Bloomberg) — The global shift away from easy money is poised to accelerate as a pandemic bond-buying blitz by central banks swings into reverse, threatening another shock to the world’s economies and financial markets. Most Read from Bloomberg Bloomberg Economics estimates that policy makers in the Group of Seven countries will shrink their balance sheets by about $410 billion in the remainder of 2022. It’s a stark turnaround from last year, when they added $2.8 trillion — taking the… Source link

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Yandex scales back “many planned investments,” withdraws 2022 financial guidance

Yandex scales back “many planned investments,” withdraws 2022 financial guidance

In the instable environment created by Russia’s war on Ukraine, Yandex’s annual report to the US Security Exchange Commission (SEC) provides details on a range of pressing business issues and potential company risks. The report was issued Thursday by Yandex’s Netherlands-headquartered mother company, which has been listed on the Nasdaq since 2011. After the resignation of one of its top executive in March — Tigran Khudaverdyan, who was designated under EU and UK… Source link

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