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China Construction Bank and HDFC Bank stocks see over 15% growth Canadian multinational bank TD Bank loses nearly 10% market value JPMorgan Chase remains top of the chart for the ninth consecutive quarter The aggregate market capitalization (MCap) of the top 25 global banks went up by 5.4% to $4.11 trillion quarter-on-quarter (QoQ) during the […]
US June NFP data to beat consensus estimate but job additions will slow in coming months, says GlobalData
The non-farm payroll (NFP) report for June 2024, set to be released on 05 July 2024, is expected to show 265,000 job additions, above consensus expectations of 190,000 and slightly below last month’s reading of 272,000 job additions, according to GlobalData, a leading data and analytics company. GlobalData’s Jobs indices are derived from a high […]
Volkswagen’s $5 billion bet on Rivian gets influencer attention on X, reveals GlobalData
Volkswagen (VW) and US-based electric vehicle (EV) startup Rivian Automotive have emerged as trending companies among the influencers on social media platform “X,” following the German automaker’s announcement of a strategic investment of up to $5 billion in Rivian. This partnership is perceived as mutually beneficial wherein Volkswagen secures access to Rivian’s advanced software-defined vehicle […]
Medical tourism gains prominence in filing documents of companies, finds GlobalData
Medical tourism has been gaining momentum and it is also evident from companies’ discussions that it presents a big opportunity. An in-depth analysis of the filing documents reveals that companies are focusing on the needs of international patients, including access to skilled healthcare professionals, advanced treatments, and world-class facilities, reveals the Company Filing Analytics Database […]
US jobs slowdown gathers pace as openings expected to be below 8 million for first time in over 3 years, says GlobalData
The US Job Openings and Labor Turnover Survey (JOLTS) report for May 2024, set to be released on 02 July 2024, is expected to show 7.8 million job openings, just below consensus expectations of 7.9 million jobs, and the first reading below 8 million since February 2021, according to GlobalData, a leading data and analytics […]
Humanoid robotics conversations surge 80% on social media platform X during H1 2024, reveals GlobalData
The field of humanoid robotics is evolving rapidly, merging sophisticated AI with precise mechanics to create robots that closely emulate human behaviors. Influencers on social media platform “X” are actively discussing on how these technological advancements could transform various sectors, which led to 80% rise in conversations during the first half (H1) of 2024 (January-June). […]
United Airlines leads influencer discussions on X during H1 2024, reveals GlobalData
United Airlines has dominated discussions among the influencers on the social media platform “X” during the first half (H1) of 2024 (1 January1–24 June), capturing a 19.04% share of conversations about US-based airline companies. The remaining top mentioned airline companies were American Airlines Group Inc, JetBlue Airways Corp, Alaska Airlines Inc, Delta Air Lines Inc, […]
India startups raise $3.9 billion in VC funding during first five months of 2024, finds GlobalData
India witnessed the announcement of a total of 483 venture capital (VC) deals during the first five months of 2024, while the total disclosed funding value of these deals stood at $3.9 billion. This represents year-on-year (YoY) growth of 1.7% in terms of VC deals volume and 15.6% in terms of total funding value during […]
Fisker bankruptcy highlights struggles in balancing competitive pricing and sustainability, reveals GlobalData
Fisker bankruptcy filing has ignited fervent discussions among influencers on the social media platform “X”, drawing attention to the challenges and opportunities within the electric vehicle (EV) industry. Influencers are critically examining the sustainability of pricing strategies following Fisker’s drastic price reductions and bankruptcy filing, emphasizing the challenges faced by new entrants in scaling production […]
Top 20 global payment giants thrive despite economic challenges, rake in $236 billion in 2023, reveals GlobalData
Amidst expansionary monetary policy, geopolitical uncertainties, and soaring inflation, the global payments industry continued to thrive in 2023. The top 20 public payment companies saw their revenues rise by 3.5% to $236 billion, reveals GlobalData, a leading data and analytics company. The US payment companies dominated the list with the top four – American Express, […]
China sustains lead in VC funding, second only to US during Jan-May 2024, reveals GlobalData
China’s venture capital (VC) landscape experienced a 12.1% year-on-year (YoY) decline in deal volume during January-May 2024, with the announcement of 1,198 deals. Despite this, the disclosed funding value surged to $17.2 billion, marking a 16.3% YoY increase. This growth, driven by an uptick in high-value deals, positions China as a leading global market for […]
OpenAI acquisition of Rockset to enhance AI capabilities evokes optimism among X influencers, finds GlobalData
OpenAI, an artificial intelligence (AI) research lab backed by Microsoft, has acquired Rockset, a company that specialises in real-time analytics databases, for almost US$200 million. The acquisition has drawn attention and various reactions from influencers on social media platform “X”, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company. Smitarani […]
UK startups raise $6.8 billion in VC funding during January-May 2024, finds GlobalData
The UK startups witnessed the announcement of a total of 497 venture capital (VC) deals during the first five months of 2024, while the disclosed funding value of these deals stood at $6.8 billion. This represents a 1.6% year-on-year (YoY) growth in VC funding value during January-May 2024, despite the deal volume registering a YoY […]
Tesla dominates Reddit discussions on US electric vehicle industry during H1 2024, reveals GlobalData
The US electric vehicle (EV) industry is fervently discussed on Reddit during the first half (H1) of 2024 (01 January – 18 June), with dialogues spanning from the impacts of tariffs on EV prices to strategic moves by leading companies, influencing public perception and market dynamics within the sector. Against this backdrop, Tesla Inc has […]
US startups raise over $50 billion VC funding during Jan-May 2024 despite decline in deal volume, reveals GlobalData
The US startups secured $52.6 billion venture capital (VC) funding through 1,985 deals in the first five months of 2024. Despite a significant year-on-year (YoY) decline in deal volume, the funding value dropped only slightly, highlighting a trend of larger investments in fewer deals. Notably, May saw a surge with four billion-dollar deals, emphasizing cautious […]
BIOSECURE Act could impact US biopharma drugs, with half in clinical trials, reveals GlobalData
The BIOSECURE Act could impact more than 120 US biopharmaceutical drugs partnered with Chinese companies “of concern” named in the bill. Of these, approximately half are in clinical trials (Phases I to III) and a third are in early-stage preclinical studies and discovery, reveals GlobalData, a leading data and analytics company. In January 2024, the […]
Private biotech rebounds with 46% growth in venture funding during Q1 2024, reveals GlobalData
The private biotech sector witnessed a 46% increase in total venture financing deal value in the first quarter (Q1) of 2024 compared to the fourth quarter (Q4) of 2023. This uptick signals progress towards recovery in venture financing as investor confidence improves, according to GlobalData, a leading data and analytics company. Private biotech venture financing […]
Companies seen hiring for industrial metaverse roles, finds GlobalData
As the concept of an industrial metaverse unfolds, businesses are navigating the digital landscape, adapting, innovating, and using digital twins to improve efficiency. Against this backdrop, companies are actively hiring for roles that leverage artificial intelligence (AI), augmented reality (AR), virtual reality (VR), and other advanced technologies to optimize operations and stay competitive in the […]
Industrial metaverse gains prominence in companies discussions and filing documents, finds GlobalData
The industrial metaverse has been gaining prominence among businesses and the growing interest is evident from discussions by companies in filing documents. Companies across various industries are exploring its potential to optimize business processes, enhance efficiency, lower costs, and promote sustainability. Notable collaborations, like those between Siemens and NVIDIA, highlight the industrial metaverse’s growing impact […]
US inflation drop to 3.3% ignites influencers discussion on potential Fed rate cuts, reveals GlobalData
The US inflation, as measured by the Consumer Price Index (CPI), declined to 3.3% in May from 3.4% in April, becoming a trending topic among influencers on the social media platform “X.” This lower-than-expected inflation reading has sparked significant debate regarding its implications for future US monetary policy. Many consider it a key indicator that […]