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Following today’s news (8 February 2021) that Tesla has purchased $1.5bn worth of bitcoin and will become the first major carmaker to accept the cryptocurrency as a form of payment; Danyaal Rashid, Head of Thematic Research at GlobalData, offers his view: “This is a massive move by Tesla. By accepting bitcoin as a form of […]
US hypersonics set to move closer to production phase in 2021, says GlobalData
Existing hypersonics programs in the US are increasing in maturity and likely to make significant steps towards production in 2021, says GlobalData, a leading data and analytics company. China and Russia have advanced significantly in hypersonic development in recent years, with Russia deploying hypersonic weapons from 2019 onwards – the US is increasing spending to […]
Global top 25 banks posted substantial market recovery in Q4 2020, says GlobalData
Top global banks ended 2020 on a high, with aggregate market cap growing by 25.4% from $2,597.1bn, as of 30 September 2020 (Q3 2020), to $3,258bn, as of 31 December 2020 (Q4 2020), says GlobalData, a leading data analytics and research company. Apart from the top four Chinese banks, which registered single-digit growth, all other […]
Jeff Bezos’s departure highlights Amazon’s shift from a retailer to a tech company, says GlobalData
Following the publication of Amazon’s Q4 2020 results; David Bicknell, Principal Analyst in the Thematic Team at GlobalData, a leading data and analytics company, offers his view: “Amazon’s decision to hand Andy Jassy, head of the Amazon Web Services (AWS) cloud computing business, the job of replacing Jeff Bezos as Amazon’s chief executive, completes Amazon’s […]
Cloud gaming will fundamentally change the video games industry, says GlobalData
Cloud gaming will fundamentally change the video games industry over the next ten years, according to data and analytics company GlobalData, bidding farewell to traditional disk-based PC and console games and hefty downloads in the process. Just as video and audio streaming has reshaped the music, film and TV markets, cloud gaming is expected to […]
Online retailers accounted for 77% of the cumulative MCap gain recorded by top 25 global retailers in 2020, says GlobalData
Online retailers had a remarkable year in 2020, seeing a 65% gain in cumulative market capitalization (MCap) in 2020 over 2019, according to GlobalData, a leading data and analytics company. Keshav Kumar Jha, Business Fundamentals Analyst at GlobalData, comments: “Major online retailers such as Amazon, Alibaba, Pinduoduo, JD.com and eBay benefited from the increase in […]
ExxonMobil sends a clearer message on its approach to lower carbon emissions, says GlobalData
Following the latest report quarterly report from the company Adrian Lara, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the approval: “I think what is certainly different from the recent quarterly calls in 2020, is the emphasis on how the company has met flaring and methane […]
Improved employment / macro outlook expected as corporate America hiring intentions recover and COVID-19’s worst-hit sectors stage a comeback, according to proprietary employment indicator by GlobalData
Corporate demand for labor in the US is turning a corner in January, 2021, registering the fastest monthly growth in over six months, as per GlobalData’s US Hiring Intentions Tracker. Interestingly, this turnaround is led by the sectors that have been worst hit by pandemic-induced lockdowns and restrictions such as the apparel, retail, consumer goods […]
FAAMG stocks accounted for over 60% of MCap growth reported by top 25 global technology* companies in Q4 2020, says GlobalData
The COVID-19-driven economic downturn does not seem to have affected top 25 technology companies, which reported a collective 47% gain in cumulative market capitalization (MCap) in 2020, compared to 2019. This pandemic-defying performance was led by Facebook, Amazon, Apple, Microsoft and Alphabet/Google (FAAMG) stocks, which together added $2.6 trillion in MCap during the year. Keshav […]
TMT M&A deals accelerated in second half of 2020 to reach nearly $1 trillion in value, says GlobalData
Merger and acquisition (M&A) activity in the tech, media, and telecom (TMT) market bounced back from the impact of COVID-19 in 2020 to achieve nearly $1 trillion in transaction value. Q2 2020 saw just 103 M&A deals in the sector – the lowest quarterly deal count in the last five years – but volume rebounded […]
2021 predictions for the technology, media, and telecoms industry by GlobalData
Companies who invest in the right themes become success stories, while those who miss the big themes end up as failures, notes GlobalData. Therefore, the data and analytics company has revealed its predictions for 2021 across the technology, media, and telecoms (TMT) industry, looking at themes such as artificial intelligence (AI), sustainability, gaming and – […]
J&J’s COVID-19 vaccine best used to control outbreak, while Novavax’s vaccine is better for overall protection, says GlobalData
Following the news that Novavax’s COVID-19 vaccine shows 89.3% while Johnson & Johnson’s (J&J) demonstrated 66% efficacy; Michael Breen, PhD, Director of Infectious Diseases and Ophthalmology and Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData, a leading data and analytics company, offer their view: “J&J’s COVID-19 vaccine will be the agent of choice for […]
Telemedicine expected to be a leading industry trend in 2021, with some telemedicine apps having reported whopping 8,270% increase in downloads in 2020, says GlobalData
The COVID-19 pandemic has shown the many wide-ranging benefits of telemedicine. In a survey by GlobalData, pharmaceutical industry professionals noted that they expect telemedicine to remain a leading industry trend in 2021 and beyond. GlobalData’s latest report, The State of the Biopharmaceutical Industry 2021, reveals that telemedicine is expected to be a leading industry trend […]
Solar PV and onshore wind to lead US capacity additions during 2021–2030 while offshore wind makes significant debut, says GlobalData
Solar photovoltaic (PV) and wind power have grown significantly in the US during 2010 to 2020, and are estimated to add significant capacities in the current decade – despite the IRS’s plans to phase out the Investment Tax Credit (ITC), and the uncertainty of Production Tax Credit (PTC) extensions, according to GlobalData, a leading data […]
A&D and automotive sectors saw double-digit sentiment growth in Q4 2020, says GlobalData
The aerospace & defense (A&D) and automotive sectors had the highest earnings transcript sentiment growth in Q4 2020 verses Q3, according to the filing analytics database by GlobalData, which identified a respective 13% and 12% growth. Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, says: “Stoppage of travel and stay-at-home orders had lasting effects on […]
Increased per passenger ancillary revenue offers hope for Wizz Air, says GlobalData
Following that Wizz Air’s Q3 2021 financial results showed a year-on-year revenue fall of 76.5% but increased ancillary revenue; Gus Gardner, Travel and Tourism Analyst at GlobalData, a leading data and analytics company, offers his view: “Wizz Air has, once again, proven its ability to drive ancillary revenues: the lifeblood of the airline. The company […]
Remote work mentions tripled in Hilton’s and Accor’s 2020 filings, says GlobalData
Work-from-home policies impacted business meetings at hotels in 2020, yet some lodging companies have seen it as an opportunity to focus on newer and safer hybrid meeting solutions. GlobalData’s filing analytics platform found that Hilton and Accor Hotels, for example, had more mentions of ‘remote work’ and related keywords in their company filings than other […]
Nearly one-third of phase III clinical trials for cervical cancer are expected to conclude in 2021, says GlobalData
This year is expected to provide significant insights into the future of cervical cancer treatment since out of the 107 ongoing clinical trials worldwide for cervical cancer, 30% are estimated to be completed by the end of the year, says GlobalData, a leading data and analytics company. Miguel Ferreira, MSc, Oncology and Hematology Analyst at GlobalData, comments: “Cervical cancer is the eighth most common cancer worldwide and one of the most treatable and preventable types of cancer, given that up to 99% of cases are linked to infection with the high-risk variants of the sexually-transmitted human papillomavirus (HPV). For Cervical Cancer Awareness […]
Goldman Sachs and Houlihan Lokey were top M&A financial advisers by value and volume in global automotive sector for 2020, finds GlobalData
Goldman Sachs and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the global automotive sector for 2020 by value and volume, respectively. Goldman Sachs advised on six deals worth $12.4bn, which was the highest among all advisers. Meanwhile, Houlihan Lokey led in terms of volume, having advised on eight deals worth […]
Sullivan & Cromwell and Kirkland & Ellis were top M&A legal advisers by value and volume in global automotive sector for 2020, finds GlobalData
Sullivan & Cromwell and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the global automotive sector for 2020 by value and volume, respectively. Sullivan & Cromwell advised on five deals worth $10.28bn, which was the highest value among all advisers. Meanwhile, Kirkland & Ellis led in volume terms having advised […]