GlobalData
GlobalData

Business Fundamentals

Companies across industries anticipating COVID-19 to take a toll on earnings, says GlobalData

An uncertain business environment on the back of the COVID-19 outbreak is prompting companies to withdraw or revise their guidance, outlook and earnings estimates, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The outbreak and its potential impact on the economy and businesses is weighing heavily on […]
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Healthcare sector witnesses second consecutive week of growth in deal activity, says GlobalData

The number of deals announced in the global healthcare sector, including pharmaceuticals and medical equipment, grew by 5.9% during the week ended 5th April, 2020, compared to the previous week, according to GlobalData’s deals database. Aurojyoti Bose, Analyst at GlobalData, comments: “This marks the second consecutive week of growth in deal activity for the healthcare sector. […]
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US firms dominated venture capital funding landscape in artificial intelligence tech space in 2019, says GlobalData

Nine of the global top ten venture capital (VC) investors (by number of investments) in the artificial intelligence (AI) space in 2019 were headquartered in the US, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Japan-based SoftBank Group was the only non-US based company to feature in […]
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Home Depot’s digital-physical integration strategy stacking up on sentimental growth, says GlobalData

On the back of comparable sales growth* driven by its strategy to unify digital and physical shopping, Home Depot witnessed double digit sentiment growth in the fourth quarter (Q4) of 2019, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform found that Home Depot’s overall sentiment score grew 16% in Q4 […]
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Sentiments remained low for Target due to weak comparable sales growth in Q4 2019, says GlobalData

The US tourism & leisure industry saw a drop of 18.9% in overall deal activity during February 2020, when compared with the last 12-month average, according to GlobalData’s deals database. A slow holiday comparable (comp) sales growth coupled with mismanagement of inventories during the fourth quarter (Q4) of 2019 affected sentiments for the US-based retailer, […]
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Healthcare sector deal activity showcases resilience amid coronavirus crisis, says GlobalData

A total of 152 deals were announced in the global healthcare sector, including pharmaceuticals and medical equipment, during the week ended March 29, which represents an increase of 23.6% over the 123 deals announced the previous week, according to GlobalData’s deals database. Aurojyoti Bose, Analyst at GlobalData, comments: “While deal activity remained subdued globally on […]
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Global VC funding activity continues to remain subdued due to coronavirus outbreak

The number of venture capital (VC) funding announced deals declined by 22.5% during the week ended March, 29, 2020 compared to the previous week, according to GlobalData’s deals database. The subdued funding activity has been continuing in the last few weeks and could be attributed to the cautious approach of VC investors on the back of volatile market conditions since the outbreak of the coronavirus (COVID-19). Aurojyoti Bose, Analyst at GlobalData, comments: “Deal activity plunged in most […]
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Deal activity in travel and tourism sector continues to remain subdued

The number of deals announced in the global travel and tourism sector decreased by 60% during the week ended March, 29, 2020 compared to the previous week, according to GlobalData’s deals database. The travel and tourism sector has been affected badly since the outbreak of the coronavirus (COVID-19) and the subdued activity could be attributed to volatile market conditions as a result of the outbreak. Aurojyoti Bose, Analyst at GlobalData, comments: “Deal activity plunged in most of the key markets such as the US, Japan, […]
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US dominates global top five VC funded AI technology companies list in 2019

The US accounted for four of the top five venture capital (VC) funded companies in the artificial intelligence (AI) space in 2019. Moreover, the top position was also occupied by an American firm, according to GlobalData, a leading and data analytics company. The four American companies (Nuro Inc., Databricks Inc., Aurora Innovation Inc. and UiPath Inc.) collectively raised a total of US$2.8bn in VC funding during 2019, while the American firm Nuro Inc. (Nuro), which works in the autonomous driving space, raised US$940m, the highest VC funding among […]
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China occupies top two spots in APAC’s top five VC funded emerging tech companies list in 2019, finds GlobalData

Chinese firms occupied the top two positions in the list of top five venture capital (VC) funded emerging tech companies in the Asia-Pacific (APAC) in 2019, according to GlobalData, a leading and data analytics company. The remaining positions were occupied by one Singaporean firm and two Indian firms. Tenglong Holding Co Ltd (Tenglong Holding) raised […]
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Goodyear’s sentiments slide in Q4 2019 due to challenging environment

Goodyear Tire & Rubber Co.’s (Goodyear) sentiments declined in the fourth quarter (Q4) of 2019 (Quarter ending December 31, 2019) compared to Q3 2019, due to the automotive industry’s challenging environment and distributor concerns, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform found that Goodyear’s overall sentiment score declined by 15% in Q4 2019 compared to Q3 2019. In the Q4 2019 earnings transcript, discussion around ‘challenging environment’ weighed heavily. Goodyear incurred a net loss of US$392m in Q4 2019. The global downturn in automotive original equipment manufacturer (OEM) volumes […]
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American firms remained the top acquirers in AI tech space during 2015–2019

American tech giants dominated the list of top five acquirers (by number of acquisitions) in the artificial intelligence (AI) tech space during 2015–2019, according to GlobalData, a leading data and analytics company. Of the top five acquirers, four positions were occupied by companies headquartered in the US. These companies also occupied the top four positions, while Ireland-based Accenture occupied the fifth position. The four US-based companies, Apple, Google, Microsoft and Facebook collectively accounted for 60 acquisitions in the AI tech space during 2015–2019. Apple led with 23 acquisitions, followed by Google and Microsoft […]
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Coronavirus outbreak derails IPOs

With the spread of coronavirus (COVID-19) to several countries and the World Health Organization (WHO) declaring it as a pandemic, the ripple effects can also be felt in financial markets with many companies putting their planned initial public offerings (IPO) on hold, according to GlobalData, a leading data and analytics company. In May 2019, oil […]
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Grumman’s sentimental take-off fueled by order backlogs and contract wins

Northrop Grumman’s sentiments have risen, driven by a double digit order backlog growth, contract wins, and the impressive performance of its aerospace and weaponry programs, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform found that Grumman’s overall sentiment score rose 20% in the fourth quarter (Q4) of 2019 compared to […]
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