Connected Economy

Connected Economy
Strong Earnings and Peloton Recovery Spark CE 100 2.6% Bump
August 26, 2024

The tail end of Q2 earnings were good to several companies on the CE 100 this week. The Index ended the week of August 23 up 2.6%, led by the “Live” pillar up 3.7% and “Bank” at 2.7%. Many companies posted positive gains for the...

Connected Economy
Do GM Layoffs Signal a Speed Bump for Connected Cars?
August 20, 2024

Layoffs signal that a company is changing strategies, pulling back … maybe the market demand is not there that had been anticipated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Connected Economy
CE 100 Index Surges 4.7% as Vroom Steers Toward Double-Digit Growth
August 19, 2024

Earnings were everywhere this past week, propelling the CE 100 Index 4.7% higher, and any losses seen among our names were negligible.  In fact, most of those declining stocks slipped less than 1%, except Tencent, which was down double digits. Get the Full Story Complete...

Connected Economy
Why Location Is Personalization’s Superpower for Merchants
August 16, 2024

In the current business landscape, consumers crave personalized experiences. 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 this form,...

Connected Economy
Former Google CEO Eric Schmidt: Successful Startups Work in Offices
August 14, 2024

Former Google CEO and Executive Chairman Eric Schmidt is reportedly not a fan of remote work. 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...

Connected Economy
CE 100 Index Q4 Wrap-Up and Q1 Outlook
August 12, 2024

The CE 100 Index lost 0.2% last week in the wake of earnings reports that, over the course of the past several days, have moved names to the upside (and the downside, of course). Get the Full Story Complete the form to unlock this article...

Connected Economy
CE 100 Index Loses 4.1%, Led by Snap’s Post-Earnings Plummet
August 05, 2024

Earnings drove the CE 100 Index lower this past week — and almost all segments were under water, so to speak, as markets swooned amid the specter of a slowing economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Connected Economy
Thumbtack Raises $75 Million to Improve Home Improvement App
July 31, 2024

Home improvement app Thumbtack has received $70 million in new debt financing. 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...

Connected Economy
Delta Plans Legal Action Amid $500 Million Hit From CrowdStrike Outage
July 31, 2024

Delta Air Lines says a recent, and massive, IT outage will cost it $500 million. 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...