Connected Economy

Connected Economy
Travel Drives Digital Engagement Growth Across Sectors
October 27, 2023

The digital transformation of economies is accelerating worldwide and reaching new heights. One of the major contributors to this acceleration is the travel and transportation sector, which has recorded the largest increase in digital engagement, according to PYMNTS Intelligence data. The reactivation of local transportation...

Connected Economy
CE 100 Index Loses 2.1% as Tesla Shares Slump on Earnings
October 23, 2023

Tesla’s double-digit plunge helped lead the CE 100 Index down yet again, slipping 2.1% in a week that saw all pillars, save one, retreat. The Communications pillar was the sole gainer, adding 2.2%. Snap shares added 8.8%. As noted here, Snap, the parent company for...

Connected Economy
NCR Voyix Debuts on New York Stock Exchange
October 17, 2023

NCR Voyix, a provider of digital commerce solutions, has made its debut on the New York Stock Exchange following the spinoff of its ATM-focused businesses. The company, listed under the ticker symbol “VYX,” aims to accelerate its platform conversions, expand services, deepen customer relationships and...

Connected Economy
CE 100 Index Slips 1.3% as Bank Earnings Dominate
October 16, 2023

Banking names grabbed the bulk of headlines for the CE 100 Index as earnings season officially got underway. The CE 100 Index lost 1.3% through the week.  And except for the Work pillar, which was flat, all segments lost ground. The Shop pillar was off...

Connected Economy
AI-Powered Smartphones Change How Consumers Live in a Digital World
October 16, 2023

From smartphones and smartwatches to smart TVs and cars with connected capabilities, consumers’ device portfolio has undergone significant changes over the years, primarily driven by the advancements in technology and the evolving consumer demands in a digitally driven world. According to data from PYMNTS Intelligence,...

Connected Economy
CE 100 Index Slips 1% as Eat Pillar Declines, Offsets Roblox, Live Nation Gains
October 09, 2023

The CE 100 Index ended its first full trading week of the fourth quarter down 1%. Six pillars lost ground, and four made slight gains.   The best-performing pillar was the “Have Fun” group, which gained 2.1%. In that, Live Nation gained 5.4%. News came this...

Connected Economy
The Great Connected Consumer Paradox
October 03, 2023

It has been reported that by 2010, cable television in the U.S. had sort of hit its stride. Analysts report that 90% of homes with a television had a monthly cable subscription that year, reaching some 105 million homes — most of the population. Hundreds...

Connected Economy
A Third of Consumers Want to Shop the Show
October 02, 2023

In today’s fast-paced world, consumers are increasingly seeking connected buying experiences that allow them to multitask and seamlessly make purchases. PYMNTS’ data confirms that to be the case. In “How Connected Devices Enable Multitasking Among Digital-First Consumers,” the latest edition of the “How We Will Pay​” series,...

Connected Economy
Netflix’s Merchandise Moves Highlight the Rise of Connected, Contextual Commerce  
October 02, 2023

In 2018, writing about the ways in which mobile devices and technology changed the world, PYMNTS CEO Karen Webster noted: “In the three-plus decades since consumers were first introduced to a technology that gave them the power to control when and how they access content, innovators...