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...
Layoffs signal that a company is changing strategies, pulling back … maybe the market demand is not there that had been anticipated. In the wake of General Motors’ latest corporate actions, is it fair to say that the road ahead for connected cars — and...
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. Vroom shares rallied by nearly...
In the current business landscape, consumers crave personalized experiences. In an increasingly digital world, the importance of location intelligence in marketing cannot be overstated, particularly when it comes to areas like personalizing customer experiences, enhancing operational efficiencies and ensuring compliance across various industries. “One of...
Former Google CEO and Executive Chairman Eric Schmidt is reportedly not a fan of remote work. Speaking to students at Stanford University, Schmidt said that Google’s offering of remote work has caused it to fall behind in the artificial intelligence (AI) competition, The Wall Street...
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). Sezzle Sizzles and BNPL Demand Soars Shares of Sezzle soared 51%,...
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. Eat Segment’s the Lone Positive Performer Only one pillar of the CE 100 Index...
Home improvement app Thumbtack has received $70 million in new debt financing. The funding — from Silicon Valley Bank (SVB) and Hercules Capital — will help Thumbtack access new capital and liquidity, the company said in a Wednesday (July 30) news release. “We are one...
Delta Air Lines says a recent, and massive, IT outage will cost it $500 million. That’s according to a report Wednesday (July 31) from Bloomberg News, citing a statement from the airline that also says Delta has hired a law firm as it prepares to seek damages from...
