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 gained 0.92%, buoyed by the Shopping segment, which gathered 4.2%. The shopping-related names lead all verticals on a trailing-12-month basis,...
Earnings season has taught us that the death of consumer spending has been greatly exaggerated. Much depends on where you look, of course. December’s latest macro data shows that consumers pulled back during the holiday shopping season, and the month showed a 0.2% drop in...
Only two weeks after Chief Executive Elon Musk indicated that Tesla was not looking to bring in more capital, the electric automaker says it intends to have a $2 billion common stock offering. Larry Ellison will purchase as much as $1 million, while Musk will purchase as...
It’s the end of a holiday week and almost the beginning of a new month. And the PYMNTS Weekender is here to make sure you didn’t miss anything — and that you start off December right, with the latest in payments and commerce news. We...
July 20, 2023
Tesla is famously not just a car company — it’s a software company. And a key, promised part of that software vision is the realization of autonomous, fully self-driving (FSD) vehicles. This, as the electric vehicle (EV) manufacturer let investors on its second quarter 2023 earnings call know that the far-away dream of a driverless future is […]
June 12, 2023
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 gained 0.92%, buoyed by the...
January 30, 2023
Earnings season has taught us that the death of consumer spending has been greatly exaggerated. Much depends on where you look, of course. December’s latest macro data shows that consumers...
February 13, 2020
Only two weeks after Chief Executive Elon Musk indicated that Tesla was not looking to bring in more capital, the electric automaker says it intends to have a $2 billion common stock offering. Larry Ellison will purchase as much as $1 million, while Musk will purchase as much as $10 million in shares in the offering, CNBC reported. Musk […]
