The CE 100 Index got a boost this week from China. The overall Index’s 2.2% rally came as two of our names — Pinduoduo and Tencent — soared double digit percentage points. Investor sentiment was buoyed as the the People’s Bank of China announced rate...
Chances are, you are reading this online. PYMNTS, after all, is a digital publication. And with the news Thursday (Sept. 26) that the U.S. Federal Communications Commission (FCC) is unlocking 1300 megahertz of contiguous spectrum for satellite service operations in order to “promote spectrum efficiency,...
On Wednesday (Sept. 25), the first of Meta’s two-day Meta Connect 2024 conference, Meta CEO Mark Zuckerberg unveiled an ambitious vision for the future of wearable technology. The event showcased significant innovations, particularly the highly anticipated Orion augmented reality (AR) glasses, which aim to redefine...
The rate cuts are in — and the CE 100 Index has taken note. This past week, the Federal Reserve cut its benchmark Fed Funds rate by 0.5% — the first such move in four years. And as is always the case when the central...
The U.S. is reportedly readying a ban on Chinese technology in connected and autonomous cars. That prohibition — borne of national security concerns — from the U.S. Commerce Department is expected on Monday (Sept. 23), Reuters reported, citing two sources familiar with the matter. Those...
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...
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....
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...
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....
