Connected Economy

Connected Economy
From Data to Dinner: The Link Between AI and Restaurant Loyalty
September 17, 2024

The age-old pursuit of dinner used to be a game of chance — maybe you found a special spot down the street, or maybe you didn’t. James Roedding, head of product and data science at Rewards Network, told PYMNTS that the age of digital engagement...

Connected Economy
CE 100 Index Rallies 3.8% as ‘Live’ Segment Outperforms the Market
September 16, 2024

The banks fizzled this past week, marking the lone swath of red — measured in terms of declining stock prices — in the latest weekly reading of the CE 100 Index’s performance. Yet, the overall performance was positive, as the index itself was 3.8% higher....

Connected Economy
Big Tech Drags CE 100 4.3% Lower Amid September’s Rocky Start  
September 09, 2024

The holiday-shortened week was action-packed, at least in terms of market volatility, and for the CE 100 Index the overarching theme might be summed up with the phrase “look out below.” The CE 100 Index was 4.3% lower, and all pillars swooned, finishing universally lower...

Connected Economy
Mangomint Raises $35 Million and Debuts Spa-Salon Automation Tool
September 08, 2024

 Salon/spa software provider Mangomint has raised $35 million in a Series B funding round. The company announced the new financing Friday (Sept. 6), along with a new suite of marketing automation features designed to help beauty and wellness businesses drive profitability in a difficult sector....

Connected Economy
BNPL Firms Save the Day as CE 100 Breaks Even for Week
September 02, 2024

It doesn’t have a dedicated heading in the Connected Economy, but the Buy Now, Pay Later sector of the “pay and get paid” pillar tore up the track last week. Solid Q2 earnings performances from Affirm and Sezzle led the CE 100 to a flat...

Connected Economy
How the World Does Travel: Sector Checks In Late on Digital Engagement
September 02, 2024

The travel industry, long defined by in-person transactions and physical tickets, is gradually moving toward digitalization. However, according to the PYMNTS Intelligence report, “How The World Does Digital: A Global Benchmark Of Consumer Digital Transformation,” that transition is lagging compared to other sectors. The study,...

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. In the wake of General Motors’ latest corporate actions, is it fair to say that the road ahead for connected cars — and...

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. Vroom shares rallied by nearly...