Tag Archives: Yandexs

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced that the new Yandex (NASDAQ: YNDX) SignalQ2 LTE-enabled driver monitoring system (DMS) camera is based on the Ambarella CV25 edge AI vision system on chip (SoC). This Yandex DMS camera will be deployed across the Yandex.Taxi fleet of partner ride-hailing vehicles by 2022, and Yandex is… Source link

We think all investors should try to buy and hold high quality multi-year winners. And highest quality companies can see their share prices grow by huge amounts. Just think about the savvy investors who held Yandex N.V. (NASDAQ:YNDX) shares for the last five years, while they gained 338%. If that doesn’t get you thinking about long term investing, we don’t know what will. On the other hand, the stock price has retraced 6.1% in the last week. But this could be related to the soft market, with… Source link

Yandex, Russia’s multi-hyphenate internet giant, began testing its autonomous cars on Moscow’s icy winter roads over three years ago. The goal was to create a “universal” self-driving vehicle that could safely maneuver around different cities across the globe. Now, Yandex says its trials have been a resounding success. The vehicles recently hit a major milestone by driving over 10 million kilometers (over six million miles) in autonomous mode, with the majority of the distance traveled in… Source link

One of Europe’s largest internet companies and a leading search provider in Russia has acquired cer… … Source link

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability suggests a business is sustainable. That said, the current statutory profit is not always a good guide to a company’s underlying profitability. Today we’ll focus on whether this year’s statutory profits are a good guide to understanding Yandex (NASDAQ:YNDX). While Yandex was able to generate revenue of ₽198.4b in the last twelve months, we think its profit result of… Source link

YEKATERINBURG, RUSSIA – OCTOBER 30, 2020: A Yandex.Taxi car (C) moves along Lenina Avenue. Donat … [+] Sorokin/TASS (Photo by Donat SorokinTASS via Getty Images) Donat Sorokin/TASS Yandex.Taxi has said that it maintained profitability during the pandemic despite the ride-hailing sector’s deep challenges in the crisis. Aram Sargsyan, Yandex.Taxi’s regional general manager for markets including EMEA and Eurasia, said that the division of the Russian… Source link

Reuters: Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff  —  MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash … Source link

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Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality companies can see their share prices grow by huge amounts. Just think about the savvy investors who held Yandex N.V. (NASDAQ:YNDX) shares for the last five years, while they gained 315%. And this is just one example of the epic gains achieved by some long term investors. Also pleasing for shareholders was the 51% gain in the last three months. The company reported its financial… Source link

Russian technology firm Yandex NV found an opportunity at the height of the pandemic – repurposing its army of ride-hailing drivers to provide deliveries in a country where logistics options are scarce. The venture was a success and the company will make its pivot permanent. Yandex, which also operates the nation’s largest internet search engine, is targeting 1 million daily deliveries in the near future,… Source link