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Warren Buffett-backed global consumer lender Capital One Financial has agreed to acquire American credit card issuer and banking services provider Discover Financial Services (DFS) for $35 billion. Some influencers are optimistic about the deal, as it would create the largest US credit card lender while others are skeptical, considering the potential regulatory challenges and the […]
APAC deal activity down by 23.8% YoY in January 2024, yet outperforms other regions, finds GlobalData
A total of 910 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January 2024, which was a decline of 23.8% compared to the announcement of 1,194 deals during January 2023, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at […]
Tech stocks lead gainers, China companies struggle as top market value losers, reveals GlobalData
The latest analysis of top market value gainers and losers has uncovered intriguing trends in the stock market. Notably, there is a significant surge in investor appetite for technology stocks. These stocks are charting divergent market trajectories compared to other industries. During the evaluation period from 31 January 2023 to 31 January 2024, the top […]
India and AI trend in companies discussions in 2023, reveals GlobalData Company Filings Analytics report
Industrials and consumer industries business sentiment improves India, Italy, Mexico, Saudi Arabia, and Ukraine trend with improved sentiment Supply chain, AI, inflation, and metaverse garner higher mentions Amidst market dynamics in 2023, global business sentiment witnessed a dip compared to the preceding year. India and artificial intelligence (AI) were widely discussed by companies during the […]
Global deal activity fell by 34.1% YoY in January 2024, reveals GlobalData
A total of 3,348 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced globally during January 2024, which was a decline of 34.1% compared to the announcement of 5,083 deals during January 2023, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that […]
Top 20 global biopharmaceutical companies report 1.6% market capitalization growth to $3.67 trillion in 2023, reveals GlobalData
The top 20 global biopharmaceutical companies experienced varied year-on-year (YoY) market capitalization shifts in 2023 amid the macroeconomic headwinds, steep patent cliffs and the commencement of US drug price negotiations under the Inflation Reduction Act (IRA). Nonetheless, there was a resilient upturn of 1.6% in aggregate market capitalization from $3.61 trillion on 31 December 2022 […]
Cisco Q2 earnings: GlobalData reveals influencers perspectives on optimism, concerns, and strategic initiatives
Cisco Systems Inc‘s earnings report for the second quarter (Q2) ended in January 2024 exceeded analyst predictions, sparking diverse reactions on social media. While industry influencers commend the computer networking giant’s strategic direction and its endeavors for innovation and growth amidst the tech sector’s dynamic changes, the sentiment is mixed. There is a balance of […]
US VC funding off to a slow start as deal volume and value decline by 61.2% and 37% YoY in January 2024, says GlobalData
The US venture capital (VC) funding activity made a slow start in 2024, with the first month of the year seeing a year-on-year (YoY) decline in deals volume and value by 61.2% and 37% compared to January 2023, respectively, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals […]
Influencers laud NVIDIA Chat with RTX AI chatbot as game-changer for Windows PCs, finds GlobalData
NVIDIA Corp recently launched the “Chat with RTX”, an AI-powered chatbot that facilitates enhanced conversations on Nvidia AI PCs. The feature, available through an update of the Nvidia Broadcast app, enables personalized large language models to deliver AI capabilities directly to the users’ desktops. Subsequently, the localized AI service has sparked a wave of discussions […]
S&P 500 Index grew over $6.7 trillion in one year to January 2024, finds GlobalData
The aggregate market capitalization of the Standard and Poor’s 500 (S&P 500) index companies grew 18.5% from $36.5 trillion to $43.2 trillion between 31 January 2023 and 31 January 2024. The Information Technology (IT) sector registered the most market gains over the period, followed by communication services and consumer discretionary*, according to GlobalData, a leading […]
EV manufacturers looking for innovative electrode active material suppliers, reveals GlobalData
General Motors (GM) recently finalized a significant battery material supply contract worth $19 billion with South Korea’s LG Chem, marking a major milestone in the electric vehicle (EV) industry. Under the agreement, LG Chem will supply cathode active materials until 2035, sufficient to power up to five million cars produced by GM. This collaboration exemplifies […]
High cost of living continues to be key challenge for Japanese economy, says GlobalData
Following the news that the Japanese economy contracted for the second consecutive quarter in Q4 2023; Ramnivas Mundada, Director of Companies and Economic Research at GlobalData, a leading data and analytics company, offers his view: “The Japanese economy faces significant hurdles with recent data revealing a contraction for two consecutive quarters. The contraction, mirroring subdued […]
APAC VC deal volume suffers across all funding size ranges in 2023, reveals GlobalData
A total of 3,897 venture capital (VC) deals with disclosed funding value were announced during 2023 in the Asia-Pacific (APAC) region, which was a 33.2% decline compared to the announcement of 5,833 VC deals during the previous year. VC deals volume across all the funding size ranges contributed to the decline, according to GlobalData, a […]
High value deal volume decline reflects shift in investor strategies in 2023, says GlobalData
The global venture capital (VC) landscape saw a remarkable transformation with a substantial drop in high value deals (> $100 million) as low value deals (≤ $10 million) took center stage in 2023. This trend reflects evolving investor strategies amid economic uncertainties. The contrasting dynamics highlight a pivotal moment in VC funding, prompting closer examination […]
Surgical AR/VR poised for widespread adoption with Apple’s Vision Pro launch, predicts GlobalData
Apple recently made its foray into the extended reality (XR) market with the introduction of its spatial computing product, Vision Pro. Early adopters have responded positively to the launch, and the product’s impact on the widespread adoption of XR hardware and software is evident, with over 600 applications now available on the Vision OS marketplace. […]
AI, social media, and cloud trending themes in hiring in 2023 amid declining job postings, reveals GlobalData
Global job postings experienced a 23.6% fall in 2023 compared to the previous year Companies were hiring in areas such as AI, social media, and cloud with healthtech and customer loyalty being other noteworthy themes Cargill, Tesla, CDM Smith, Marriott International, and Accenture were among the top recruiters 2023 saw many companies across the globe […]
US and China dominate global high value VC funding deals volume with 70% share in 2023, reveals GlobalData
Global deal activity, encompassing venture capital (VC) funding, remained subdued in 2023. Key markets such as the US, China, India and the UK also registered decline in VC funding deal volume and value. However, despite suffering setbacks, the US continued to account for the highest share of high value* VC deals in 2023 followed by […]
Companies prioritize efficiency, innovation, and team synergy in hiring strategies, reveals GlobalData
Companies across various industries are increasingly prioritizing efficiency, product development, and business expansion in their hiring strategies. This approach aims to bolster organizational effectiveness. There is also a concerted effort to elevate customer experience, foster innovation and drive performance. Meanwhile many organizations are consolidating departments to create new unified, synergistic teams, reveals GlobalData, a leading […]
Taco Bell ranked top among most mentioned QSR companies on Reddit in 2023, finds GlobalData
In the fast-paced realm of quick service restaurants (QSRs), a few names consistently echo through the corridors of Reddit, shaping public opinion and culinary trends. In 2023, Taco Bell Corp (Taco Bell) occupied the first position among the top 10 most mentioned QSR companies on Reddit, according to the Social Media Analytics Platform of GlobalData, […]
Neuralink ignites corporate interest in brain-machine interfaces, observes GlobalData
Elon Musk’s update on Neuralink’s successful brain chip implant recently has once again brought the spotlight on the growing interest in brain-machine interface (BMI) research among corporates. Though still in its nascent stages, as indicated by patent publication trends, there has been a consistent rise in innovative activities for universities and start-ups. The surge has […]