Earnings season is officially here, led, as ever, by big banks – and this time around, a 9% surge in the “Bank” pillar pulled the CE 100 Index 2.9% higher in a strong weekly showing. Generally speaking, management was sanguine about the state of the...
Friday’s stock market rout — where markets plummeted in the wake of a surprisingly strong jobs report that splashed cold water on interest rate cuts from the Fed — added to the CE 100 Index’s downward momentum of this past week. The overall index slipped...
Digital transformation is a double-edged sword. From cloud computing and Internet of Things (IoT) to artificial intelligence-driven analytics and real-time payment systems, the connectivity ushered in by technological advances has unlocked opportunities for innovation and growth. The more connected the economy becomes, however, the more...
The stock market offers a snapshot, at any given time, of investor sentiment, which is driven by the fundamentals of companies, sectors and the economy as a whole. The read across from the proprietary CE 100 Index, which exists as a microcosm of innovation, where...
The CE 100 Index ended the last few days of 2024 and the first few days of the new year with a slight gain, adding 0.3%, while broader markets fell across the board. The Live Pillar pulled ahead by 2.3%, buoyed by iRobot, a volatile...
Here at PYMNTS our main focus is exactly what the name says. But to our CEO Karen Webster’s credit, she saw that the digital shift that was happening in banking and the payments sector would be so dramatic that it needed to be set against...
The CE 100 Index barely budged in a shortened trading week that left only two more days of stock market action for 2024. The index was down a scant 0.02%, and the year-to-date performance — where the index is up 24.8% — continues to trail...
Go figure. During the most intense shopping season of the year, the “Shop” pillar of the Connected Economy 100 went down 3.7% last week. It led the index down by 2.8%, as all the pillars dropped at about the same rate as the general markets....
What goes up must come down — and after three straight weeks of rallies, the CE 100 wound up snapping a long streak of wins, declining 2.2% in the penultimate “full” week of trading for 2024. All pillars lost ground. MongoDB Slips on 4Q Guidance...
