Tech stocks endured a wild ride through the past week, marked by earnings reports and volatility tied to investor sentiment over AI. The CE 100 Index slid 1.3%, as most pillars declined, save the Communications and Be Well segments, up a respective 4% and 1%....
Sources told The Wall Street Journal (WSJ) that in the name of reducing costs, Verizon Communications plans to cut about 15,000 jobs within the coming week. According to the Thursday (Nov. 13) report, this would be the largest workforce reduction in the telecommunications giant’s history....
The CE 100 Index slipped 3.5%, in a week governed by earnings reports. Only the Banking segment and the Be Well pillar, both up 0.5%, were in the green. Call it a “buy the rumor, sell the news wave,” where runups into quarterly announcements...
Earnings season was the dominant force this past week, and Big Tech dominated the deluge of quarterly reports. By and large, the performance of the majority of pillars in the CE 100 Index was to the downside, as the overall index slipped 2.5%. The Live...
Earnings helped boost the fortunes of the CE 100 Index this past week, and overall, the gains came in at 2.7%. And amid the themes of those earnings reports: Consumers are withstanding some of the pressures of the macro economy and interest rates, as spending...
The next version of the global economy is being written. Every so often, there are moments when you can feel that the ground beneath us is shifting. You can feel that in the way business gets done, how value is created and in who creates...
Earnings season is officially underway, as big banks and American Express weighed in on the latest quarter, painting a picture of resilient consumer spending and credit metrics that still are strong despite the ongoing impact of tariffs and inflation. The CE 100 Index gained...
Legacy brands are finding new audiences in places once reserved for play. Kiehl’s discovered an unexpected growth channel in Fortnite, where its first skincare-gaming campaign reached more than 1.6 million players and lifted sunscreen sales 40%, showing how immersive experiences are becoming the next frontier...
It’s hard to get in and out of a conversation with a friend or even take a cursory look at a mainstream news source these days without a reference to some version of AI. Agentic AI has yet to crack the consumer attention case so...