PYMNTS-MonitorEdge-May-2024

iRobot

CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
July 31, 2023  |  Connected Economy

Earnings season is now in full swing, dominating headlines, moving stocks in our ConnectedEconomy™ 100 Index up double-digit percentage points — and to the downside,...

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EC Opens Investigation of Amazon’s Planned Acquisition of iRobot
EC Opens Investigation of Amazon’s Planned Acquisition of iRobot
July 06, 2023  |  ANTITRUST

The European Commission (EC) has opened an in-depth investigation into Amazon’s proposed acquisition of iRobot. The commission has identified initial competition concerns and will now investigate them in greater depth, the...

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CE 100 Index Loses 2.8% as iRobot and AI Names Slide
CE 100 Index Loses 2.8% as iRobot and AI Names Slide
June 26, 2023  |  Connected Economy

Rumors of deal-making in the online grocery space were not enough to offset declines in shares tied to volatile sectors — including AI.  As a...

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Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
June 23, 2023  |  Amazon

Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After...

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CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally 
CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally 
June 18, 2023  |  Commerce Connected

The Federal Reserve has signaled it will pause rate hikes.  In the meantime, the U.S. consumer keeps spending.  Economic data released over the past few...

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CE 100 Index Gains 3.3% as MongoDB, Snowflake Surge  
CE 100 Index Gains 3.3% as MongoDB, Snowflake Surge  
June 05, 2023  |  Connected Economy

In a week that saw major indices in the U.S. rally on jobs growth and on the seeming resolution of the debt ceiling debate, the...

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Amazon Stock Cut in Half as eCommerce Giant Can’t Stem Slump
Amazon Stock Cut in Half as eCommerce Giant Can’t Stem Slump
December 28, 2022  |  Amazon

From an all-time high in 2021 to a 3-year low in 2022, Amazon will ring in the New Year about half as large as it...

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The Year in Payments: From BNPL to FTX to the Digital Economy
The Year in Payments: From BNPL to FTX to the Digital Economy
December 28, 2022  |  Karen Webster

Looking for analysis of everything from the digital economy to consumers’ instincts about inflation? Let Monday be your guide. “Monday.” It comes from the Anglo-Saxon...

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NGO: Roomba Deal Will Let Amazon Spy on Users
NGO: Roomba Deal Will Let Amazon Spy on Users
November 22, 2022  |  Amazon

Foxglove wants the U.K.’s competition watchdog to investigate Amazon’s proposed iRobot purchase, arguing — among other things — the deal lets the retail giant spy...

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