Connected Economy

Connected Economy
CE 100 Index Gains 0.5% as Online Betting Names Pay Out Big
June 24, 2024

The CE 100 Index was 0.5% higher this past week, boosted by the fortunes of the “Have Fun” group, which jumped 3.3%. Within that segment, DraftKings surged 7.9% and Flutter Entertainment was 6.2% higher. DraftKings rebounded from volatile trading seen in recent weeks in the...

Connected Economy
Heat Wave? Consumers Cool Off With Digital-First Staycations
June 19, 2024

As so many people learned back in 2020, digital platforms provide a wide range of amusements that can be enjoyed from the comforts of one’s home when going on an in-person adventure is not feasible. For midweek holidays, these tech-enabled staycations can be just what...

Connected Economy
Apple and PayPal Send Mixed Messages as CE 100 Index Slips 0.7%
June 17, 2024

The headlines moving the CE 100 Index this week were dominated by Apple’s announcements at its developers conference that covered everything from AI to payments. And yet the tech behemoth’s rise was blunted by declining names in other areas of the CE 100 roster, leaving...

Connected Economy
Radar CEO Sees Geolocation Driving Future of Digital-Physical Commerce
June 13, 2024

As technology and the connected economy march onward, the boundary between the digital and physical worlds is becoming increasingly blurred. New opportunities are emerging — with geolocation technology at the forefront. The ability to tailor digital experiences based on physical location has moved from a...

Connected Economy
CE 100 Index Inches Up 0.6% as CrowdStrike Leads ‘Work’ Segment
June 10, 2024

The CE 100 Index gained 0.6% in a week that saw some continued post-earnings-report momentum and investor enthusiasm for AI-related names. CrowdStrike shares rallied 11.3%, driving the Work segment  2% higher on the week. The company reported earnings results that detailed net new annual recurring...

Connected Economy
United Airlines Launches Media Network Using App, Inflight Entertainment Screens
June 07, 2024

United Airlines has launched a media network that enables brands to deliver personalized advertising and offers to travelers.  The new Kinective Media by United Airlines makes this personalization possible by using insights from customers’ travel behaviors, and it will deliver these offers via the airline’s mobile...

Connected Economy
CE 100 Index Slips 1.1% as MongoDB Shares Slide After Earnings
June 03, 2024

The CE 100 Index slipped 1.1%, as AI names were – to put it mildly – volatile in the wake of earnings reports. MongoDB Leads to the Downside MongoDB shares sank 32.5% and led the Enablers segment 2.6% lower in the holiday shortened trading week.  ...

Connected Economy
CE 100 Index Loses 2.4% as Peloton Offsets Chipmaker Momentum
May 27, 2024

Coming into the holiday-shortened trading week, the CE 100 Index lost 2.4%.  All pillars posted declines for the week that ended May 24. Peloton helped bring the “Be Well” pillar down by 4.5%. The stock’s 19.6% loss came as the company announced a private offering of $275 million...

Connected Economy
Dating Apps Try to Woo Gen Z Women Amid Threats and Scams
May 26, 2024

Dating apps have reportedly begun considering new features as younger women sour on their services. As the Financial Times (FT) reported Sunday (May 26), companies like Bumble and Match are planning to also increase content moderation and introduce other tools to improve women’s experiences, amid a rise in unsolicited material and...