For the CE 100 Index, the week was a rollicking one to the upside. All pillars gained ground as the Index itself surged 4.7%. The communications pillar led the way, up 7.7%. In that segment, shares of Snap were ahead 12.7%. As reported here, Snapchat’s...
The share of Generation Z consumers living paycheck-to-paycheck has more resembled a roller coaster than a traditional economic trajectory. This financial insecurity has impacted the demographic’s adult members, born between 1997 and 2005, and their ability or willingness to spend. Research carried out for the...
Fanatics is adding live events to its business as it prepares to go public. The company’s Fanatics Event offering, announced Thursday (July 13), aims to become to sports collectibles what Comic Con has been for pop culture, per a report by CNBC. According to the report,...
In the bid to transform logistics, to streamline the interplay that takes place to get goods from point A to point B, scale’s a key advantage. There is no shortage of players and platforms seeking to use software, data and analytics to match supply and...
Shares of DraftKings soared to a 52-week high Monday (July 10). The Boston-based firm’s projected profitability on an adjusted EBITDA basis took the stock up 7.96% to a $28.79 per share, Seeking Alpha reported Monday. Analysts have taken notice of the sports betting stock’s performance, according...
Many tech providers around the world are looking to unify disparate digital activities into all-in-one mobile platforms, and millennials are eager to get on board. For PYMNTS’ study “Super Apps for the Super Connected,” created in collaboration with PayPal, we conducted surveys of nearly 10,000 consumers...
As food trucks look to move into the brick-and-mortar space to lay the groundwork for future growth, omnichannel availability can help brands develop the followings they need to successfully make the shift. In an interview with PYMNTS, Damon Ebanks, founder and CEO of Nacho Shack, discussed how...
The CE 100 Index lost 1.1% in a shortened holiday week, with payments-focused names declining. Only two segments gained ground through the four trading sessions that ended Friday, as the Shop vertical was up 1.5%. And in that segment, Vroom shares rallied 23.6%, though no...
According to estimates from the American Automobile Association (AAA), a record number of Americans — 43.2 million people — are expected to be traveling by car this July Fourth weekend. And as connected and autonomous vehicles gain in popularity, the greater is the chance that...