The CE 100 rode the waves of volatile trading this past week, alongside the broader market indices, to finish 1.8% lower.
[contact-form-7]The prospect of widening conflict in the Middle East helped overshadow the news that inflation slowed, a bit, as measured in May.
The recent performance reversed some of the gains logged in recent weeks. Only the Be Well sector moved higher, adding a muted 0.3%, driven by Aetna CVS, where the shares gained more than 10%.
Even within the broad negative downtrend, there were a few standouts.
Oracle shares moved 23.7% higher, buoyed by positive earnings results that showed the fiscal fourth quarter revenue growth was 11% higher, to $15.9 billion. Cloud revenues surged 27%, to $6.7 billion. Management commentary revealed that MultiCloud database revenue from Amazon, Google and Azure grew 115% from the fiscal third quarter.
Payment-Focused Names DeclineBut the Pay and Be Paid segment slipped by 2.9%.
Within that group, Worldpay is expanding its partnership with Visa to enhance that company’s 3D Secure solution. With Worldpay’s 3DS Flex, and by passing through authentication data to the issuer, merchants can enhance payments security and shopper experience while improving approval rates. Visa shares gave up 4.7%.
Walmart, which helped move the Shop pillar 2% lower, was down 3%. As PYMNTS reported, Walmart-backed FinTech OnePay is teaming with Synchrony to launch a credit card program.
The card, set to roll out this fall, will be integrated into the OnePay app and available to Walmart customers, the companies announced.
Separately Walmart and Amazon are actively exploring the issuance of their own stablecoins. Amazon’s stock was 0.7% lower.
Apple shares declined 3.7%, and its Enablers cohort dipped 2%. The company is reportedly bringing an artificial intelligence (AI)-powered upgrade of its Siri voice assistant to market in spring 2026, after facing delays and failing to meet its original goal of fall 2024.
Nvidia, also a component of the Enablers vertical, was up a bit, adding 0.2%. As PYMNTS reported, Nvidia CEO Jensen Huang is turning his attention to the next critical enabler of the AI revolution: quantum computing.
“There’s an inflection point happening in quantum computing,” Huang said Wednesday at the VivaTech 2025 conference in Paris. “It is clear now we’re within reach of being able to apply quantum classical computing in areas that can solve some interesting problems in the coming years.”
At a separate meeting covered by PYMNTS, Huang’s said that his personal belief is AI will change everyone’s jobs, including his. Since AI makes companies more productive, he believes it will actually end up creating more jobs than cutting them.
At the same conference in Paris, and as reported by PYMNTS, PayPal is doubling down on AI and data-driven personalization to maintain its competitive edge, according to Diego Scotti, general manager of PayPal’s consumer group.
When people type prompts into Perplexity, what they will get is not only the answer to the query but also product pages relevant to the individual based on what PayPal knows about them, plus an AI agent that can do the entire transaction, according to Scotti. PayPal shares lost 3.5%.
The Live segment was down nearly 4%, where iRobot’s 18.9% decline retraced some of the recent gains made in the wake of news that the firm had been granted a waiver extension from its lenders.
The post CE 100 Slides 1.8% as Payments Names Dive appeared first on PYMNTS.com.