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The year 2020 was one of the worst years for Boeing’s aircraft sales. According to the research data analyzed and published by Stock Apps, the Chicago-based manufacturer delivered only 157 jets the entire year. This translates to a 59% decline year-over-year (YoY) considering that it had delivered 380 jets in 2019. The last time its …

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Tesla has achieved meteoric growth in market value and stock price in 2020. Over the 12-month period, its market cap increased by over $500 billion year-to-date (YTD). As a result, it rose higher than the cumulative market cap of the top eight automakers globally. These include Nissan, Toyota, Hyundai, Ford, GM, Peugeot, Honda and Fiat …

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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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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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The growth in online shopping has led to the acceleration of alternative shopping habits like social commerce. Growing at a 31.4% compound annual growth rate (CAGR) between 2020 and 2027, the global social commerce market is estimated to grow to $604.5 billion by 2027. A good number of eCommerce companies are either already selling or …

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Infrastructure-as-a-service (IaaS) provider Fastly posted a net loss during the third quarter of 2020. Based on its earnings report for the period, it had a non-GAAP loss of 4 cents per share. As such, it missed the Zacks Consensus Estimate by a stunning 300%. Its revenue for Q3 2020 matched the consensus estimate, reaching $70.6 …

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Singles Day 2020 was a roaring success, cementing its position as the world’s biggest shopping holiday. The event saw consumer spending on Alibaba’s eCommerce platforms reach $74.1 billion, setting a new record. According to the research data analyzed and published by Stock Apps, Alibaba’s gross merchandise value (GMV) for the 2019 event was $38 billion, …

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