PYMNTS-MonitorEdge-May-2024

stock market

A stock market, equity market or share market is the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses; these may include securities listed on a public stock exchanges.

Source: en.wikipedia.org

CE 100 Index Sheds 1.1% as Affirm, Sezzle Losses Offset FIS Sizzle 
CE 100 Index Sheds 1.1% as Affirm, Sezzle Losses Offset FIS Sizzle 
July 10, 2023  |  Connected Economy

The CE 100 Index lost 1.1% in a shortened holiday week, with payments-focused names declining.   Only two segments gained ground through the four trading sessions...

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Apple’s Market Valuation Again Tops $3 Trillion
Apple’s Market Valuation Again Tops $3 Trillion
June 30, 2023  |  Apple

Apple’s market valuation has again topped $3 trillion. The tech giant had reached the $3 trillion mark before, on the first trading day of 2022,...

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Money Transfer Company Wise Reports 37% YOY Increase in Volumes
Money Transfer Company Wise Reports 37% YOY Increase in Volumes
June 27, 2023  |  Earnings

Money transfer company Wise increased its customer base by 34% and its volumes by 37% over the last year. During the 12 months ended March...

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Cava Listing Heralds Potential IPO Market Rebound
Cava Listing Heralds Potential IPO Market Rebound
June 26, 2023  |  IPO

Following a listing by restaurant group Cava, the American market is hungry for IPOs. The fast casual restaurant chain went public via an initial public...

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 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal Rumors 
 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal Rumors 
June 23, 2023  |  IPO

Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of...

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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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FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
June 16, 2023  |  Fintech Investments

Government data pointing to cooling inflation helped buoy FinTech IPO names this past week. Retail sales data Thursday (June 15) showed that consumer spending remains...

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Cava Sees IPO Success While Other Fast-Casuals Take Stock Market Hit
Cava Sees IPO Success While Other Fast-Casuals Take Stock Market Hit
June 15, 2023  |  Market Conditions

With the competitive environment for fast-casual chains looking for investors growing more crowded, other brands appear to be suffering from Cava’s success. The fast-casual Mediterranean...

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CE 100 Stock Index Up 0.9% as Vroom and eCommerce’s Temu Parent Firm Gain Ground
CE 100 Stock Index Up 0.9% as Vroom and eCommerce’s Temu Parent Firm Gain Ground
June 12, 2023  |  Connected Economy

The third quarter winds its way into the last few weeks of its final month.   And in the latest weekly showing, the CE 100 Index...

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