33.47 0.00 (0.00%)
After hours: 4:54PM EDT
|Bid||31.47 x 800|
|Ask||33.60 x 800|
|Day's Range||32.55 - 33.58|
|52 Week Range||29.48 - 44.49|
|PE Ratio (TTM)||8.50|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.05|
A meeting on the status of anti-piracy efforts at search engines has produced a collaborative approach to better addressing the issue of pirated works appearing in search results. TorrentFreak noted the news soon after. The attendees included Google, Yandex, Mail.ru Group, Gazprom Media, and other local trade associations.
AlphaShark Trading's Andrew Keene discusses his options strategy with Bloomberg's Julie Hyman on "Bloomberg Markets: The Close." (Source: Bloomberg)
Yandex (YNDX) is on track to launch its Yandex.Music service in Israel in the coming weeks, the Times of Israel has reported. The move could see Yandex match its competitor Spotify (SPOT), which launched its streaming music service in Israel in March. With over 180 million listeners, Spotify runs the world’s largest online music service.
Spotify (SPOT) boasts the largest number of listeners of any streaming music service. Spotify subscribers can now download up to 10,000 songs per device on up to five devices, meaning that customers can build an offline library of up to 50,000 songs to listen to without an Internet connection. Spotify told Rolling Stone that lifting the cap on song downloads was aimed at improving the customer experience, and there couldn’t be a better time for Spotify to try to make its listeners happier.
Baidu (BIDU), China’s leading online search company, was recently in trouble again over misleading hospital advertisements. A media exposé earlier this month showed that Baidu searches for Shanghai-based Fudan University public hospitals were returning results for Shanghai Fuda Hospital instead. Baidu apologized for the mix-up, saying the problem stemmed from the hospital names having semantic similarity.
Growing smart speaker market with the proliferation of virtual assistants holds immense growth potential for the major tech companies like Amazon (AMZN), Google, Apple, Microsoft and more.
Yandex (YNDX) recently launched a taxi service that uses self-driving vehicles to transport people around the Russian city of Innopolis. The service is Europe’s first driverless taxi service. The new service is layered over Yandex’s regular app-based taxi service offered under the Yandex.Taxi brand.
Yandex (YNDX) has entered the cloud computing market, setting itself up for competition with Amazon (AMZN), Microsoft (MSFT), and others in the fast-growing global cloud market. Yandex.Cloud, the brand name of Yandex’s cloud computing business, launched on September 5. Amazon operates its cloud business under its Amazon Web Services brand, and Microsoft operates its core cloud business under its Azure brand.
A combination of investments in creating new products and spending on the marketing of those products is driving up costs at Alphabet (GOOGL). Its management cautioned during its second-quarter earnings call that expenses are expected to keep rising in the balance of the year. Among Alphabet’s cost items, traffic acquisition cost has been getting a lot of attention lately. For its advertising business, Alphabet favors the shift to mobile, which also means spending more on traffic acquisition.
Since reporting second-quarter earnings on July 26, Yandex (NASDAQ:YNDX), the leading search provider in Russia, has fallen from a summer high of $39.70 to $30.95 as of Sept. 5. Despite an upbeat Q2 conference call that showed fundamental growth, YNDX stock missed earnings-per-share estimates for Q2 by 2 cents and the stock has been under pressure for the past five weeks. Here are three cons to Yandex stock and three pros that investors need to consider.
Yandex has launched its intelligent public cloud platform, Yandex.Cloud, enabling companies to develop and support web apps and services using Yandex’s advanced technologies and infrastructure. Yandex.Cloud’s ease of use, flexible pricing, and the accessibility of Yandex technologies make it easy to complement an existing IT infrastructure or even serve as an alternative to it. AI-based Yandex services: SpeechKit speech recognition and synthesis and Yandex.Translate machine translation.
Sep.24 -- AlphaShark Trading's Andrew Keene discusses his options strategy with Bloomberg's Julie Hyman on "Bloomberg Markets: The Close."