Connected Economy

Connected Economy
Porch Rally Leads CE 100 Index Higher Again as Q3 Earnings Season Winds Down
November 20, 2023

Headed into a holiday-shortened trading week, the CE 100 Index was 4.3% higher as investors snapped up shares and earnings season drew near its close to cap the look back at the September quarter. All pillars surged for the week, led by the 6.7% rally...

Connected Economy
Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain
November 13, 2023

The CE 100 Index added 0.4% in a wild week where double-digit declines and gains were the norm — earnings season continued to dominate the headlines.  Porch Group soared 53.2%, leading the Live pillar 3.2% higher. In the company’s most recent earnings report, Porch noted that revenues...

Connected Economy
Millennials Check Online Reviews, Gen Zs Turn to Influencers for Restaurant Recommendations
November 13, 2023

In today’s digital age, consumers have access to a wealth of information that helps them make informed decisions, especially when choosing a restaurant. In this context, online reviews and social media platforms have become vital for diners to share their experiences and gather information.  In...

Connected Economy
Digital Transformation Demands a Different Framework to Sense and Seize New Opportunities
November 06, 2023

Digital transformation has become a buzzword — a worthwhile concept that is difficult to put into practice. Broadly speaking, enterprises embedding different capabilities into their operations have better outcomes and craft long-term strategies that keep customers front and center and the competition at bay. But...

Connected Economy
CE 100 Index Leaps 7.9%, Led by Shopify’s 32% Post-Earnings Surge
November 06, 2023

The CE 100 Stock Index surged 7.9% as Shopify and Affirm led the way with highflying gains that topped 32%. Nine of the 10 pillars gained ground, with the lone exception seen in the Work Pillar, which slipped 0.6%. WeWork was the company that dragged...

Connected Economy
Flavrs Adds Takeout Shopping and AI-Powered Features to Food App
November 02, 2023

Flavrs has added new features to its app, which pairs cooking videos with recipe data and shopping integration. “Since we started Flavrs, we’ve been busy connecting people to delicious and personal food experiences through video,” Alejandro Oropeza, co-founder and CEO, said in a Thursday (Nov. 2) post on LinkedIn....

Connected Economy
Yahoo Launches BMW In-Car Entertainment Project With Xperi
October 30, 2023

Yahoo is teaming with Xperi to bring in-car video content to BWM drivers. The partnership between the tech company and the automotive entertainment platform, announced Monday (Oct. 30), will bring video content from Yahoo Finance, Yahoo Sports, and In the Know to Xperi’s TiVo-powered DTS AutoStage video service.  “From taking a...

Connected Economy
CE 100 Loses 2.5% as Western Union Leads Payment Names Lower
October 30, 2023

The CE 100 Index lost 2.5%, as payment-related names led to the downside. The Pay and be Paid segment was the worst performing sector, sliding 4.9% through the week.  And within that pillar, Western Union gave up 14.1%. The company posted earnings this week that showed growth...

Connected Economy
Jio to Launch Satellite Broadband Service in India
October 27, 2023

Indian telecommunications company Reliance Jio Infocomm Ltd. has rolled out a satellite-based gigabit fiber service and said it aims to provide high-speed broadband services to previously inaccessible areas within India.  The new satellite broadband, named JioSpaceFiber, will be available across the country at “highly affordable” prices, expanding...