CE 100 Index Gains 2.1% as Porch Soars and Fiverr Roars After Earnings

Group 1: Porch Group - Porch Group shares surged nearly 73%, contributing to a 7.6% increase in the Live segment [1] - The Texas Department of Insurance approved Porch's application to form Porch Insurance Reciprocal Exchange, aimed at increasing profitability and stabilizing earnings by reducing exposure to claims and weather risks [2] Group 2: Fiverr - Fiverr shares gained 34.6%, boosting the Work Pillar by 2.8%, driven by programs encouraging buyers to spend more on complex projects [3] - The company's revenues were up 8% year over year to $99.6 million, despite a 9$296 [4] Group 3: Roblox - Roblox shares increased by 22%, with daily active users growing 27% to 88.9 million, marking the highest growth rate in around two years [6] - The company has captured 3% of its total addressable market in the gaming space, with total hours engaged on the platform rising by 29% [6] Group 4: Visa and Mastercard - Visa's payment volume grew 8% year over year, with U.S. payment volume up 5% and international volume up 10% [8] - Mastercard reported a revenue growth of 14% to $7.4 billion, driven by healthy consumer spending and a 17$1.5 billion missed analysts' estimates of $1.6 billion, representing a 7.5% year-over-year decline [11]