Vroom

Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
May 31, 2023  |  Market Conditions

One day’s surge on Wall Street may be a blip, or it may be an omen. Shares of Carvana rocketed up more than 16% Tuesday (May 30)....

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CE 100 Index Down 0.3% as Shopping Losses Temper Porch, Affirm Gains
CE 100 Index Down 0.3% as Shopping Losses Temper Porch, Affirm Gains
May 15, 2023  |  Connected Economy

Earnings season is wrapping up.  And movement in the “Shopping” and “Live” pillars helped determine the fate of the CE 100 Index, which lost 0.3%...

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Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
May 10, 2023  |  eCommerce

For the online car platforms, the path towards profitability is a bumpy one … … and the macro pressures are hardly in the rearview mirror....

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CarGurus, Vroom Show Connected Car’s Journey Starts at Point of Sale
CarGurus, Vroom Show Connected Car’s Journey Starts at Point of Sale
March 01, 2023  |  Earnings

There are plenty of bumps in the road for auto sales. Inventory is improving but is still constrained, and inflation continues to keep car prices...

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CE 100 Index Down 35% as Tech Stocks End a Terrible 2022  
CE 100 Index Down 35% as Tech Stocks End a Terrible 2022  
January 02, 2023  |  Connected Economy

For connected economy and tech stocks, the good news is that 2022 is finally over. The CE 100 Index managed to eke out slight gains...

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Used Vehicle Platform Vroom Targets Profitability Over Growth
Used Vehicle Platform Vroom Targets Profitability Over Growth
November 08, 2022  |  eCommerce

Used vehicle eCommerce platform Vroom is making progress on its goal of achieving profitability and liquidity ahead of growth, company executives said Tuesday (Nov. 8)...

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Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
November 08, 2022  |  eCommerce

The rubber meets the road for the online car platforms. Amid Carvana’s disastrous stock plunge and disappointing earnings — and Vroom’s numbers from Tuesday (Nov....

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CE100 Index Plunges 7.2% as Higher Interest Rates Cloud Spending Outlook
CE100 Index Plunges 7.2% as Higher Interest Rates Cloud Spending Outlook
September 26, 2022  |  Connected Economy

It’s getting to be a familiar refrain: The CE100 names move, in a big way, to the downside. All pillars slid, and depending on where...

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Shopify, Roblox Worries Over Consumers Drag CE100 Shopping Sector Down 8%
Shopify, Roblox Worries Over Consumers Drag CE100 Shopping Sector Down 8%
August 22, 2022  |  Connected Economy

The Connected Economy 100 (CE100) Index lost 5.4% on the week, far outstripping the 2.2% loss in the Nasdaq and the roughly 1.1% decline in...

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