PYMNTS-MonitorEdge-May-2024

Porch Group

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

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...

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

Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one....

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

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...

READ MORE >
CE 100 Gains 2.7% as Lower Mortgage Rates Send Porch, Zillow Higher
CE 100 Gains 2.7% as Lower Mortgage Rates Send Porch, Zillow Higher
September 23, 2024  |  Connected Economy

The rate cuts are in — and the CE 100 Index has taken note.  This past week, the Federal Reserve cut its benchmark Fed Funds...

READ MORE >
BNPL Firms Save the Day as CE 100 Breaks Even for Week
BNPL Firms Save the Day as CE 100 Breaks Even for Week
September 02, 2024  |  Connected Economy

It doesn’t have a dedicated heading in the Connected Economy, but the Buy Now, Pay Later sector of the “pay and get paid” pillar tore...

READ MORE >
CE 100 Index Adds 1.4% and Tesla Surges in Holiday-Shortened Week  
CE 100 Index Adds 1.4% and Tesla Surges in Holiday-Shortened Week  
July 08, 2024  |  Connected Economy

There were no fireworks in terms of overall performance, but through a holiday-shortened trading week, the CE 100 Index was 1.4% higher.  Tesla’s the Standout  ...

READ MORE >
CE 100 Up 1.6%, Led by Tencent’s Rally After Earnings
CE 100 Up 1.6%, Led by Tencent’s Rally After Earnings
May 20, 2024  |  Connected Economy

The CE 100 Index gathered 1.6% in a week that saw nine of the 10 pillars gain ground. The lone pillar to decline was the...

READ MORE >
Sezzle’s Surge Leads 1.7% Gain for CE 100 Index
Sezzle’s Surge Leads 1.7% Gain for CE 100 Index
May 13, 2024  |  Connected Economy

The CE 100 Index was up 1.7% through the past week, and earnings were the dominant theme across all pillars.  Pay and Be Paid Pillar...

READ MORE >
Porch Group Sues China Construction Bank, Alleging Reinsurance Fraud
Porch Group Sues China Construction Bank, Alleging Reinsurance Fraud
May 10, 2024  |  Legal

Porch Group, a U.S. homeowners insurance and home inspection software company, reportedly sued China Construction Bank (CCB), alleging reinsurance fraud. In its complaint, Porch alleged that the...

READ MORE >