|Bid||29.69 x 900|
|Ask||33.75 x 800|
|Day's Range||32.82 - 33.25|
|52 Week Range||29.48 - 44.49|
|PE Ratio (TTM)||8.38|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.86|
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.
Alphabet (GOOGL) doesn’t break down Google’s smart speaker revenues. As a result, it’s difficult to tell exactly how big the business has become or the impact that it’s having on Google’s overall performance.
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Russia's Yandex has taken its self-driving efforts one step further, launching an autonomous ride-hailing service in the university city of Innopolis, Russia. The company claims it's the first such service to launch in Europe.
Earlier this month, Yandex (YNDX) acquired on-demand fuel delivery startup Toplivo v Bak. The company, which operates in several Russian cities, delivers fuel on demand to drivers, wherever they are. Drivers order the fuel delivery through a smartphone app.
Taking a "set it and forget it" approach to Yandex, Canadian National Railway, and Walt Disney could produce great results for your portfolio.
The US market for third-party restaurant food delivery services is expected to grow to $15.5 billion by 2022, according to Pentallect. Square (SQ) is a food delivery provider that competes with GrubHub (GRUB) and Uber. As part of its effort to capture a larger share of the food delivery market, Square is integrating Caviar with its restaurant management platform, Square for Restaurants, which it launched in May. Square for Restaurants has drawn strong interest from large restaurants.
Although Amazon (AMZN) pioneered the smart speaker, the company faces new competitors each year. The company is under growing pressure to defend its market share. According to a new report by Consumer Intelligence Research Partners (or CIRP), Amazon still leads the US smart speaker market despite the escalating competition.
Apple (AAPL) is a distant third among the major smart speaker companies in the US market, according to the latest report from market researcher Consumer Intelligence Research Partners (or CIRP).
Alibaba (BABA) has returned -2.02% in the last month, 20.2% in the last 12 months, and 5.9% in the last five days. Meanwhile, peers Square (SQ), Yandex (YNDX), Twitter (TWTR), and eBay (EBAY) have returned 174.6%, 26.8%, 104.3%, and -7.5% in the last 12 months, respectively.
The global smart speaker market presents a $21 billion revenue opportunity for players such as Alibaba (BABA). Set to report its fiscal Q1 2019 (ended in June) results on August 23, the company ranks among the world’s top smart speaker vendors, meaning it may have a better opportunity than many of its competitors to capitalize on the booming smart speaker market. Global smart speaker market is poised to grow by more than 700% in the next five years, with its revenue growing to $21 billion by 2023 from $2.6 billion in 2017, according to Strategy Analytics. Alibaba shipped 700,000 smart speakers in the first quarter and captured 7.6% of the global market, ranking as the world’s third-largest smart speaker vendor, and Amazon (AMZN) shipped 4.0 million smart speakers in the first quarter and captured 43.6% of the global market to rank as the world’s top smart speaker vendor.
(Adds Prudential Plc, Yandex, Shenzhen Energy, Fox, Starwood, Lanxess; Updates HNA Group) Aug 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Wednesday: ...
Russian car-sharing company Yandex.Drive, owned by Russia's largest internet group Yandex, has bought startup fuel delivery service Toplivo v Bak, Yandex and the founder of the startup said on Wednesday. Toplivo v Bak, which translates as "Fuel to the Tank", will help Yandex.Drive improve the fuelling of its growing car fleet, the company said in a statement. Toplivo v Bak and rival company Pump deliver fuel direct to parked cars on behalf of car-sharing companies and private clients.