PYMNTS-MonitorEdge-May-2024

iRobot

CE 100 Index Gains 0.3% as Meta Soars 20% Post-Earnings
CE 100 Index Gains 0.3% as Meta Soars 20% Post-Earnings
February 05, 2024  |  Connected Economy

Meta dominated the CE 100 Index’s earnings-related news this week, soaring on commentary that users are engaging more often with its app. The overall index...

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Amazon Jettisons Plans for $1.7 Billion iRobot Purchase 
Amazon Jettisons Plans for $1.7 Billion iRobot Purchase 
January 29, 2024  |  Acquisitions

Citing a tough regulatory environment, Amazon has called off its $1.7 billion purchase of iRobot. The tech giant announced Monday (Jan. 29) that its agreement...

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Flutter Soars, iRobot Crashes on Amazon Deal Doubt as CE 100 Index Dips 0.6%
Flutter Soars, iRobot Crashes on Amazon Deal Doubt as CE 100 Index Dips 0.6%
January 22, 2024  |  Connected Economy

The CE 100 Index lost 0.6% as gains from the Have Fun segment were blunted by double-digit plunges from the likes of iRobot — where...

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CE 100 Index Adds 1.1% as Bank Earnings Blunt Gains, iRobot Plummets 20% 
CE 100 Index Adds 1.1% as Bank Earnings Blunt Gains, iRobot Plummets 20% 
January 15, 2024  |  Connected Economy

Friday heralded the official kick off of earnings season, with banks leading the charge. Within the CE 100 Index, gains seen in the work segment...

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CE 100 Index Climbs 4.2% as Banking Names Rally on Possible Rate Cuts 
CE 100 Index Climbs 4.2% as Banking Names Rally on Possible Rate Cuts 
December 18, 2023  |  IPO

A broad stock market rally was the hallmark of last week’s trading action. The Federal Reserve signaled a pause on interest rate hikes and three...

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CE 100 Index Gains 3.1% as Communications Stock Surge Is Led by Snap 
CE 100 Index Gains 3.1% as Communications Stock Surge Is Led by Snap 
December 04, 2023  |  Connected Economy

The CE 100 Index gained 3.1% coming off a Thanksgiving holiday-truncated week with vigor as all segments gained ground. The Communications pillar surged 8.7%.   Snap...

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iRobot’s 36% Leap Leads CE 100 Index Higher in Shortened Holiday Trading
iRobot’s 36% Leap Leads CE 100 Index Higher in Shortened Holiday Trading
November 27, 2023  |  Connected Economy

The CE 100 Index gained 1.1% in a trading week shortened by the Thanksgiving holiday.  Only one pillar lost ground — the Work segment, which...

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CE 100 Index Drops 4.3% as All Pillars Slide and WeWork Faces Lawsuit
CE 100 Index Drops 4.3% as All Pillars Slide and WeWork Faces Lawsuit
September 25, 2023  |  Connected Economy

The CE 100 fell by 4.3% last week, outpacing the broader indices’ decline. The Nasdaq, by way of example, slid 3.5%. All pillars lost ground,...

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European Commission Delays Decision on Amazon’s Acquisition of iRobot
European Commission Delays Decision on Amazon’s Acquisition of iRobot
September 11, 2023  |  Acquisitions

European Union (EU) antitrust regulators have reportedly put a temporary halt to their investigation into Amazon‘s $1.7 billion acquisition of robot vacuum cleaner maker iRobot. The European Commission (EC), responsible...

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