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CE 100 Index Surges 2.8% as Olo Jumps on $2B Acquisition by Thoma Bravo

  • The CE 100 Index surged by 2.8% in a week marked by the national holiday, with gains across all pillars.
  • Olo, within the Eat segment, stood out with a more than 15.5% jump after announcing its acquisition by Thoma Bravo for approximately $2 billion.
  • Mastercard, in the Pay and be Paid segment, expanded its startup engagement program with a focus on cybersecurity, and shares were up by 4.3%.
  • Other notable movements include Affirm's partnership with Xsolla, Nike's shares jumping 22%, and Tesla's shares slumping by 3.2% in response to its latest quarterly production report.

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