Tag Archives: Investment

Schroder Investment Management Group Acquires 235,216 Shares of Yandex (NASDAQ:YNDX)

Schroder Investment Management Group Acquires 235,216 Shares of Yandex (NASDAQ:YNDX)

Schroder Investment Management Group raised its holdings in Yandex (NASDAQ:YNDX – Free Report) by 3.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,827,261 shares of the information services provider’s stock after buying an additional 235,216 shares during the period. Schroder Investment Management Group owned about 1.89% of Yandex worth $129,308,000 as of its most recent filing with the… Source link

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Fed’s interest-rate hikes make T-bills an attractive, safer investment

Fed’s interest-rate hikes make T-bills an attractive, safer investment

A short-term saver? Say thanks to the Federal Reserve. One benefit of the Fed’s interest-rate hikes aimed at wresting control over inflation is that savers looking for a safe investment for a year or less can now get the best yields in ages from Treasury bills, or T-bills. Savings rates have jumped from just about zero to more than 4% in the past 12 months on these short-term securities issued by the federal government. On Jan. 24, a one-year T-bill was yielding 4.7%, up from a rate of 0.57%… Source link

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Microsoft’s big ChatGPT investment should have the competition shaking

Microsoft’s big ChatGPT investment should have the competition shaking

Wednesday, Jan. 25, 2023 Microsoft’s $10 billion investment in OpenAI puts Amazon, Google, and others on notice Microsoft (MSFT) is pulling out all of the stops in an effort to ensure that it’s the dominant force in AI among its Big Tech peers. And the Redmond-based software giant’s $10 billion investment in ChatGPT developer OpenAI could be the key to doing just that. The move, which Microsoft and OpenAI announced on Monday, will allow Microsoft to deploy GPT-3, the service that the… Source link

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