While generative artificial intelligence (AI) captures the world’s imagination, there’s another transformative phase shift happening. It is the transition to electric vehicles (EVs). The EV transition represents an revolution focused not just on technological innovation, but one also centered around hardware transformation and productivity capture...
No product might be more emblematic of today’s technical innovation than the car. That’s because the humble automobile has been so swept up in the rapid pace of today’s ongoing digitization that Mercedes drivers in Germany can now make digital payments directly from their car...
The CE 100 fell by 4.3% last week, outpacing the broader indices’ decline. The Nasdaq, by way of example, slid 3.5%. All pillars lost ground, and most names were in the red heading into the final trading week of the third quarter — and just...
Warren Buffet is reported to have said that digital transformation is a fundamental reality of business today. McKinsey says that 70% of digital transformation projects fail. Both suggest the need to reset expectations about what digital transformation means and what success looks like in the...
The Banking group, overall, was up 3.9%. And within that sector, several marquee names announced management changes or initiatives designed to revamp operations. Citi added 5.2%. As reported here, Citi said this past week that it is tackling a major restructuring of its organization that eliminates a...
A holiday-shortened trading week offered no respite for the CE 100 Index, which continued a general downward trend that’s been the hallmark of the last several sessions. Yet again, all pillars lost ground as the overall Index gave up 2.4%. The seemingly inexorable week-after-week declines...
The list of initiatives to make the car the ultimate mobile wallet grows longer, as Big Tech, providers and the carmakers themselves introduce new in-vehicle functionality to transact while getting around. The latest example came this week, as Hyundai debuted “Hyundai Pay,” which will launch with the...
All pillars of the CE 100 Index were in positive territory as August ended and opened the door to September trading. The overall index was 4.2% higher on the week, notching strong gains into the long holiday weekend. The Shopping pillar posted an impressive 11.9%...
Taylor Swift — whose “The Eras Tour” concert was attended by over 3 million fans during its first leg in the United States — will soon be drawing crowds to movie theaters. AMC Theatres will be screening a concert film of “The Eras Tour” in...