Tag Archives: market

[unable to retrieve full-text content]Yandex to sell its remaining Russian businesses for $5.2B — half its market value  TechCrunch Source link

Image Credits: YURI KADOBNOV/AFP / Getty Images Yandex N.V., the Dutch parent company of the eponymous Russian internet giant, is selling the last of its remaining Russian businesses at a steep discount, following geopolitical pressures that emerged from Russia’s invasion of Ukraine two years ago. The value of the transaction, which will include the sale of all Yandex N.V. businesses in Russia and a handful of neighboring markets, will amount to around 475 billion rubles… Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Large-cap tech stocks ripped higher Wednesday for the fifth straight day — up to another record high, widening their lead over the broader market. Many investors remain skeptical of the gains this year, as a handful of tech-centered stocks are once again accounting for nearly all the returns in the S&P 500. Comparisons with the dot-com-era boom and bust abound. To be fair,… Source link

Mass layoffs at Google, eBay: a market correction not an economic alarm, experts say | KMPHPlease ensure Javascript is enabled for purposes ofwebsite accessibility Thu, 25 Jan 2024 02:09:53 GMT (1706148593829) a9269422ad81594ce3a51838ebc32a9751a7681b 95ab5c147d0b70d4c47b4658fa1b755d849ed77e Fallback Presentation. Using deprecated PresentationRouter. Source link

IPO activity fell off in 2023 despite some high-profile market debuts. 2024 is expected to be a rebound year for the IPO market as brands strategize their public offerings. Torch Capital Founder and Managing Partner Jon Keidan sits down with Yahoo Finance Live in-studio to discuss the factors wavering IPO confidence right now — coming off of 2023’s pre-pandemic lows — and what criteria investors should be looking for in rising AI startups “It was a meh IPO market and I think people looking… Source link

[unable to retrieve full-text content]Stock market today: US futures climb as techs power higher again  Yahoo Finance Source link

The cryptocurrency market is currently worth $1.6 trillion, and Bitcoin (CRYPTO: BTC) accounts for 50% of that total. Bitcoin dominance (i.e., the market value attributable to Bitcoin) was also 50% five years ago, though it has ranged from 38% to 70% during that time period. With that in mind, Morningstar analyst Michael Miller expects the cryptocurrency market to soar 300% to $6.4 trillion by 2032. If Bitcoin dominance stays at 50%, the implied upside for Bitcoin would also be 300%…. Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: It’s a market hyper attuned right now to anything that suggests there won’t be a large number of interest rate cuts from the Federal Reserve in 2024. Should that investment thesis be dinged, well, stocks will be dinged. As to the driver of that dinging? Hotter-than-expected economic data, which is currently unfolding. A week ago, investors had to digest a… Source link

[unable to retrieve full-text content]Stock market today: Nasdaq surges as chipmakers shine, Apple pops  Yahoo Finance Source link

Microsoft Not quite one year ago, Microsoft announced a “multi-year, multi-billion dollar investment” in OpenAI, a company that had made waves in 2022 with its ChatGPT chatbot and DALL-E image creator. The next month, Microsoft announced that it was integrating a generative AI chatbot into its Bing search engine and Edge browser, and similar generative AI features were announced for Windows in the apps formerly… Source link