Tuesday, 12 January 2021, 6:21 am
While the pandemic has devastated countless businesses,
it has provided a major boon for eCommerce platform
Shopify.
Shopify’s stock rallied by 169.9% in 2020
compared to the industry’s 26.6% growth. As of
mid-December 2020, according to the research data analyzed
and published by Finnish site Sijoitusrahastot,
it had a 90 RS rating, which means that it had outperformed
90% of stocks during the year.
Based on the Zacks
Consensus Estimate, its Q4 earnings per share (EPS) are set
to jump by 188.37% to $1.24 while its sales will grow by 78%
to $899.2 million. For the full year 2020, analysts project
a massive 1,137% jump for the Shopify EPS.
Friday, 1 January 2021, 6:41 am
The year 2020 has been a truly challenging year for all
kinds of businesses, including the most popular luxury
brands. Due to store closures, Prada Group as well as luxury
groups LVMH and Kering gained underwhelming financial
results and tremendous losses in the first two quarters of
2020.
According to the research data analyzed and
gathered by Comprar Acciones,
Prada Group swung to a $219 million loss in Q1 and Q2 2020.
In comparison, it was able to attain profits of around $190
million in the same period last year.
Prada’s Sales
in China Up by 60% in Q2 2020
Due to the closure of
Wednesday, 30 December 2020, 6:04 am
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, its overall
revenue totaled $4.73 billion, its highest quarterly revenue
ever. Its gaming segment accounted for nearly half the
amount, at $2.27 billion. The segment grew by 37%
YoY.
Moreover, In September 2020, NVIDIA announced its
intention to acquire chip maker ARM for $40 billion. The
acquisition would bring its Total Addressable Market (TAM)
to $250 billion by 2023. Its mobile and PC segments, which
include gaming, would contribute $95 billion to this
total.
NVIDIA GeForce Now User Base Grows from 1
Wednesday, 30 December 2020, 5:48 am
Yorkshire’s horseracing industry contributed £300.2
million to the UK’s economy in 2019. However, according to
the research data analyzed by Safe Betting
Sites, it is on course to lose £114.8 million in
2020.
Moreover, the prize money at Britain’s top 10
prime horseracing events plummeted by 63% during the 2020
summer season. From £10.3 million, it fell to £3.8
million.
HKJC Says Over 90% of Horseracing Bets
Placed Online in 2020
Prime money for Investec Derby
went from £1.6 million in 2019 to £500,000 in 2020 while
the Juddmonte International fell from £1 million to
£275,000. Ascot also slashed the King George VI prize pool
to £740,000 from £1.4 million. British Champion Stakes
Thursday, 17 December 2020, 8:23 am
As one of the largest crowdfunding platforms globally,
with more than half of million launched projects,
Kickstarter received pledges worth billions of dollars over
the last eleven years.
According to data presented by
StockApps.com,
the New York-based crowdfunding platform hit $5.4bn in total
funding as of November, with $875 million worth of projects
in the last year.
Total Funding Amount Tripled in
Five Years
Unlike other crowdfunding companies,
Kickstarter focuses mainly on creative projects, from craft
ideas and music albums to technological
innovations.
Every project creator sets their funding
goal and deadline, and if people like the project, they can