Tag Archives: giant

Russian tech giant Yandex launches its home delivery service for food delivery via messenger robots at the University of Arizona

The Russian tech giant Yandex, in collaboration with Grubhub, has begun offering its food delivery service at the Arizona State University campus, using for the first time in the United States the state-of-the-art robots it has developed for such end, he pointed the signature through a statement. According to the company, known as ‘Russian Google’, the food will be distributed by autonomous vehicles characterized by a more functional design, greater capacity and better performance, in… Source link

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The U.S. stock market is headed for ‘giant crash’ followed by a new depression — here are the only 3 assets he likes as protection

Kiyosaki: The U.S. stock market is headed for ‘giant crash’ followed by a new depression — here are the only 3 assets he likes as protection Expert predictions for a U.S. stock market correction are common these days. But thanks to high inflation rates, Rich Dad Poor Dad author Robert Kiyosaki is calling for something much worse. “Inflation rips off the poor. Inflation makes rich richer,” he tweeted last week. “Prepare: Giant crash then new depression.” It’s not the first time… Source link

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Russia Tech Giant Yandex Uses AI to Reward Safe Drivers With Insurance Discounts

Russian tech giant Yandex plans to reward responsible drivers on its car-sharing platform with cheaper insurance this year, it told Reuters, using machine learning in a pilot program similar to one already adopted by Tesla. Newly listed Renaissance Insurance has verified Yandex’s algorithms and the two companies will team up to offer car insurance discounts of up to 35% to the safest drivers using the Yandex.Drive app. Yandex did not disclose the terms of the deal, and Renaissance… Source link

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Amazon’s holiday-quarter forecast signals e-commerce giant is back in ‘very heavy investment mode’

Amazon (AMZN) posted third-quarter results and guidance that fell short of expectations, with Wall Street balking as the e-commerce giant forecasted billions of dollars in additional costs heading into the holiday shopping season.  The announcement sent Amazon shares tumbling immediately following the report. However, at least one analyst suggested Amazon’s heavy spending is yet another sign that the company is remaining laser-focused on investing for the future — even if it means giving… Source link

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Another Netflix price hike? Why one analyst says streaming giant is ‘substantially underpriced’

Netflix (NFLX) has faced both positives and negatives in Q3 — from beating subscriber growth estimates to battling backlash over the release Dave Chappelle’s comedy special “The Closer.” But at least one analyst seems to think the streaming behemoth is leaving money on the table, with its content slate drawing massive buzz in the face of fierce criticism. On Thursday, the stock spiked to a new record high at $654, with some on Wall Street expecting a test of levels at or near $700. “Netflix… Source link

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Russian tech giant Yandex expands Israeli footprint with acquisition of Wind’s Tel Aviv operations – TechCrunch

Russian tech giant Yandex is expanding its mobility footprint in Israel with the acquisition of shared e-scooter company Wind’s Israeli operations. The two are not sharing the terms of the deal, but Israeli financial newspaper Globes reported that it is estimated to have cost $40 million to $50 million. Wind is one of the top e-scooter sharing operators in Israel, alongside competitors like Lime, Leo and Bird. Yandex has already been operating its Yango mobility… Source link

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Giant S&P 500 Options Trade Made to Guard Against 20% Swoon

(Bloomberg) — A trader just established a massive hedging position via options to protect a portfolio of stocks in the event that the S&P 500’s losses snowball toward 20% during the fourth quarter. Most Read from Bloomberg The trader Thursday morning bought 45,300 put-spread collars — options cocktails that combine various strike prices in a single strategy — on the S&P 500 for $94 million. The order involved selling calls with a strike price at 4,505 while buying puts exercising at 4,135… Source link

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