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Global Passenger Car Sales Plunged by $440B in 2020-StockApps.com

The COVID-19 pandemic hit the automotive industry hard, causing supply chain disruptions, factory closures, and huge sales and revenue drops. According to data presented by Stock Apps, global passenger car sales is expected to plunge by $440bn in 2020 due to the coronavirus outbreak. The downsizing trend is set to continue next year, with revenues …

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During its fiscal year’s third quarter, NVIDIA posted a commendable performance driven in part by its gaming segment. According to the research data analyzed and published by Stock Apps, it raked in a record $4.73 billion in total revenue, its highest ever. It translated to $2.91 in earnings per share (EPS), over 1.5 times the …

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For the past decade, climate change has been one of the most discussed topics in the world, and a concern for the future of the planet. According to experts, climate change is responsible for several natural disasters and is a big threat to humanity. To solve the problem, early adapting companies have found ways to …

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The revenue of luxury fashion brand Kering during Q3 2020 outperformed analysts’ expectations. According to the research data analyzed and published by Stock Apps, it witnessed a sharp rebound in most of its houses with the exception of Gucci. The group’s consolidated revenue fell by only 1.2% quarter-over-quarter (QoQ) against analysts’ expectations of around 9.1% …

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There was a considerable decline in the number and value of merger and acquisition (M&A) deals announced in the consumer sector since the start of the year. According to the research data analyzed and published by Stock Apps, there were a total of 2,244 deals announced during the first nine months of 2020. Compared to …

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