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, too. The index was up 1.3%, led by the Shopping pillar, which surged by 6.9%. And within that segment, Ocada...
June’s over, and thus far, two quarters in, the year’s been notably strong for the CE 100 Index. All indices were in the black, again, this past week, continuing a string of positive performances. And it was the Move sector, this time around — with...
Big banks are kicking off earning season in style. This despite a first quarter 2023 that was anything but sedate, with the collapses of Silicon Valley Bank (SVB) and Signature Bank spurring fears of greater bank runs, and the Federal Reserve continuing to hike interest...
Despite concerns over consumer spending, PYMNTS’ ConnectedEconomy “CE 100” Stock Index gained ground this past week, as it extended its recent run with another 1% weekly advance. And thus far, year to date, the Index is up 10%, boosted a bit this time around by...
January 04, 2024
The CE 100 Index soared in 2023, largely on the wings of widespread rallies among banking and buy now, pay later (BNPL) names, up double digit and, in some cases, triple digit percentage points. The key themes? Consumer spending has remained resilient. Interest rates have likely peaked. The banking runs of earlier this year are […]
July 31, 2023
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, too. The index was up...
July 02, 2023
June’s over, and thus far, two quarters in, the year’s been notably strong for the CE 100 Index. All indices were in the black, again, this past week, continuing a...
January 23, 2023
Despite concerns over consumer spending, PYMNTS’ ConnectedEconomy “CE 100” Stock Index gained ground this past week, as it extended its recent run with another 1% weekly advance. And thus far,...
April 17, 2023
Big banks are kicking off earning season in style. This despite a first quarter 2023 that was anything but sedate, with the collapses of Silicon Valley Bank (SVB) and Signature Bank spurring fears of greater bank runs, and the Federal Reserve continuing to hike interest rates, and countless headcount reductions across the tech sector. Despite […]