Irobot news and trends

CE 100 Index Rallies 3.8% as ‘Live’ Segment Outperforms the Market
Connected Economy // September 16, 2024

The banks fizzled this past week, marking the lone swath of red — measured in terms of declining stock prices — in the latest weekly reading of the CE 100 Index’s performance. Yet, the overall performance was positive, as the index itself was 3.8% higher....

CE 100 Index Q4 Wrap-Up and Q1 Outlook
Connected Economy // August 12, 2024

The CE 100 Index lost 0.2% last week in the wake of earnings reports that, over the course of the past several days, have moved names to the upside (and the downside, of course). Sezzle Sizzles and BNPL Demand Soars Shares of Sezzle soared 51%,...

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

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   Tesla shares gained 27.1%, in what might arguably be called the “firecracker” of the past several trading days, propelling the...

iRobot Co-Founder: Generative AI May Be Overhyped
artificial intelligence // June 30, 2024

MIT robotics professor and iRobot co-founder Rodney Brooks thinks artificial intelligence (AI) is impressive. Just not as impressive as many of its proponents have argued, Brooks told TechCrunch in an interview published Saturday (June 29). “I’m not saying LLMs are not important, but we have...

Interviews & Exclusives
Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher

November 11, 2024
Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the CE 100 — the Live segment and the Pay and Be Paid pillar — surged double-digit percentage points, with respective 12.2% and 10.7% gains.   […]

CE 100 Index Rallies 3.8% as ‘Live’ Segment Outperforms the Market

September 16, 2024
The banks fizzled this past week, marking the lone swath of red — measured in terms of declining stock prices — in the latest weekly reading of the CE 100...

CE 100 Index Q4 Wrap-Up and Q1 Outlook

August 12, 2024
The CE 100 Index lost 0.2% last week in the wake of earnings reports that, over the course of the past several days, have moved names to the upside (and...

CE 100 Index Adds 1.4% and Tesla Surges in Holiday-Shortened Week  

July 08, 2024
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   Tesla shares gained 27.1%, in...

Quick Reads
iRobot Co-Founder: Generative AI May Be Overhyped

June 30, 2024
MIT robotics professor and iRobot co-founder Rodney Brooks thinks artificial intelligence (AI) is impressive. Just not as impressive as many of its proponents have argued, Brooks told TechCrunch in an interview published Saturday (June 29). “I’m not saying LLMs are not important, but we have to be careful how we evaluate them,” Brooks said, referring […]

EU Pressure on Big Tech Sparks Startup Concern

February 18, 2024
Amazon’s recent cancellation of its iRobot deal reportedly has European startups worried. In a recent Financial Times (FT) opinion piece, Javier Espinoza writes that entrepreneurs are concerned that if regulatory pressure keeps one of...

Amazon Jettisons Plans for $1.7 Billion iRobot Purchase 

January 29, 2024
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 to purchase the robot vacuum...

European Commission Delays Decision on Amazon’s Acquisition of iRobot

September 11, 2023
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 for enforcing competition laws in...