News

Fintech Investments
FinTech IPO Index’s 3.9% Rally Spreads Some Cheer in Holiday-Shortened Trading Week
December 27, 2024

The new year looms, and for the FinTech IPO Index, with a year-to-date performance that tops a 64% return, 2024 has been kind, to put it mildly. December alone, as of Thursday’s close, marked an 18.4% gain. Get the Full Story Complete the form to...

Retail
The Year in Amazon vs Walmart, and a Look Into 2025
December 27, 2024

As 2024 comes to a close, the retail sector remains defined by the intense rivalry between Amazon and Walmart. Over the course of the year, these industry titans fiercely competed for consumer loyalty, market dominance and innovation leadership. Here’s a recap of the major moments...

Artificial Intelligence
OpenAI Weighs For-Profit Move Amid Talks With Microsoft
December 26, 2024

OpenAI is reportedly planning to become a for-profit company and is discussing the details of that transition with major investor Microsoft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Foxconn Invests in AI Data Center Firm Zettabyte to Boost Sustainable Computing
December 26, 2024

Electronics manufacturing giant Foxconn is partnering with artificial intelligence (AI) infrastructure company Zettabyte in a strategic investment aimed at expanding energy-efficient AI computing solutions worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Boxing Day Gives UK Retailers Little Reason to Celebrate
December 26, 2024

Boxing Day appears to be a muted affair for Great Britain’s merchants and shopping centers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Artificial Intelligence
Tech Giants Bet Big on AI as Data Shows Clear Winners
December 26, 2024

Companies embracing artificial intelligence (AI) are pulling ahead of competitors, with Bridgeline’s HawkSearch reporting new customers each week, IBM finding open-source AI users seeing higher returns, and MIT research showing advanced AI adopters outperforming industry peers. However, a Q4 loss at Bridgeline highlighted the sector’s...

Retail
Retail Returns Have Reportedly Jumped 60% Since 2012
December 26, 2024

There’s good news and bad news for online retailers this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Retail
Open Air Mall Vacancies Hit Lowest Level on Record
December 26, 2024

Was the threat of an eCommerce-driven retail real estate apocalypse just a mirage? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Artificial Intelligence
AI-Powered Smartphones Could Offset a Data Center Downturn
December 26, 2024

If tech investors cool on data centers, could AI-powered smartphones fill the semiconductor industry’s void? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...