Connected Economy

Connected Economy
Discord Grows a Central Hub of Social Gaming and Community Engagement
November 20, 2024

Initially designed to fill a need for multiplayer gamers to interact, the communications platform Discord has grown into a vital hub for gamers, developers and creators alike. Launched in 2015, Discord has redefined social gaming by offering a platform that goes beyond simple communication. “Back...

Connected Economy
European AI Search Engines Plan New Index With Merchant Rankings
November 19, 2024

Ecosia and Qwant have unveiled plans to create their own artificial intelligence (AI)-powered European search index, which could reshape online commerce by offering merchants an alternative to Google’s algorithm. The joint venture, called the European Search Perspective (EUSP), aims to break free from Big Tech’s...

Connected Economy
Straight Outta Stealth: Connyct Builds Social Media for the Next Generation
November 18, 2024

It’s hard to believe it was more than 20 years ago. Feb. 4, 2004. George W. Bush was president. The Lord of the Rings ruled the movie box office. “Hey Ya!” ruled the top 40. And in Cambridge a sophomore named Mark Zuckerberg registered the URL...

Connected Economy
Shopify’s Surge Can’t Keep CE 100 Index From Slipping 1.5%
November 18, 2024

The scorching post-election rally that lifted stocks across all market capitalizations and verticals paused this past week. Even post-earning surges in select CE 100 names were not enough to lift the overall index, which slipped 1.5%. Eight of the 11 pillars lost ground, along with...

Connected Economy
Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher
November 11, 2024

Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the CE 100 — the Live segment and the Pay and Be Paid pillar — surged...

Connected Economy
BILL Leads SMB Focus, Sends FinTech IPO Index Up 8.67% for Week
November 07, 2024

It was a good week on Wall Street for FinTechs despite one high-profile stock price drop from a member of the PYMNTS FinTech IPO 100: Marqeta. Led by BILL and Payoneer among others, earnings results drove the Index close to double-digits at 8.67% up for...

Connected Economy
Discover Global Network: Connected Devices lead the way to the Future of Commerce
November 04, 2024

From touchless digital payments experiences to connected vehicles, technology provides opportunities for innovation and collaboration across many industries, including payments. Connected devices offer consumers the ability to quickly adopt digital payments. For instance, during the pandemic, consumer behavior started to shift the expectation of integrated...

Connected Economy
CE 100 Index Gains 2.1% as Porch Soars and Fiverr Roars After Earnings
November 03, 2024

The avalanche of earnings reports continued this past week, driving the CE 100 Index 2.1% higher. Porch Group shares surged nearly 73%  and drove the Live segment ahead by 7.6%. The company said this week that the Texas Department of Insurance has approved its application...

Connected Economy
Stride and Tesla Gain, but CE 100 Slips 1.4% Amid Market Volatility
October 28, 2024

And now earnings season is here, in full swing, and a series of double-digit advances and declines among our CE 100 population wound up sending the overall Index 1.4% lower. The markets, in general, were volatile too, as only the tech-heavy Nasdaq was up by...