Finam

Russian investors are following a busy day of market news. Brokerage Finam confirmed its forecast price for Amazon shares at $305, while Amazon reported 37% revenue growth at AWS but a doubled debt of $119 billion. Russian stocks and the dollar fell after Democratic election wins, Sberbank posted 17% nine-month profit growth, and Herman Gref projected around 2 trillion rubles in 2026 profit for the bank.

The F-Droid project published its weekly roundup of free and open-source Android app news. It highlights DejaVu Browser, a new browser built on Mozilla's Firefox code, a Finamp update released four years in the making that users are advised to skip for now because it crashes, a major rewrite of i2pd, and a large batch of updates: 68 new apps, 595 updated apps and one archived.

Russian federal loan bonds, known as OFZ, are drawing fresh attention after Vedomosti reported that non-resident investment in the instruments fell by a further 20 billion roubles in September. Discussion is also focusing on whether long-dated OFZ make sense to buy, with commentators comparing them to US Treasuries, while Finam noted solid demand at the October 7 auction but said the market still demands a risk premium.

Russian oil giant Rosneft is in the news after Bloomberg reported that pressure is being put on the company, according to a piece cited by Finam. Separately, bankruptcy proceedings have begun in Russia against a company linked to Viktor Medvedchuk, reported by Korrespondent.net. Together the reports have drawn attention to the Kremlin's tightening grip on major oil assets and politically connected businesses.