Meta dominated the CE 100 Index’s earnings-related news this week, soaring on commentary that users are engaging more often with its app. The overall index logged a 0.3% gain. Meta shares jumped 20.5%, helping drive the Enablers pillar 3.1% higher. As reported this week, the...
The earnings roll in, and the stocks gyrate — a roller coaster that happens every three months. The CE 100 Stock Index gained 1.5%, as all but one pillar finished in the green for the week. The lone holdout was the Shop Index, which lost...
The CE 100 Index lost 0.6% as gains from the Have Fun segment were blunted by double-digit plunges from the likes of iRobot — where concerns over the firm’s takeover by Amazon (and possible derailment) sent investors fleeing. Within the Have Fun group, which got...
Amid busy schedules and constant demands, consumers are consistently in search of ways to maximize their time and handle multiple tasks with ease. This quest for efficiency has given rise to the prominence of connected devices as indispensable companions in individuals’ daily lives. According to...
The World Bank isn’t banking on the world’s economy getting much better. At least in the near term. In its semiannual Global Economic Prospects report, the 189-member international financial institution warned that the 2020s are shaping up to be a “decade of wasted opportunity,” with...
Friday heralded the official kick off of earnings season, with banks leading the charge. Within the CE 100 Index, gains seen in the work segment were blunted by the bank segment’s 2.8% slide. For the week, the CE 100 Index added 1.1%. Banks Weigh In J.P....
DraftKings will launch its online sportsbook in Vermont on Thursday (Jan. 11), bringing to 26 the number of states in which it operates. The DraftKings Sportsbook app is also active in Ontario, Canada, the company said in a Wednesday (Jan. 10) press release. “As a...
Out with the old and in with the new, as they say. For the CE 100 Index, completing its first (shortened) week of trading, the initial trading days resulted in a 2.6% loss. Only two of the 10 pillars — this time, the Be Well...
With consumers increasingly expecting connectivity in every part of their lives, Samsung is stepping up its smart kitchen devices, creating potential in-home contextual commerce opportunities down the line. The company announced a range of new products to be showcased at the upcoming CES 2024 event...