You Searched For "peloton earnings outlook" and got 20 results
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2 mins read
Peloton's earnings shocker just wiped 34% off the stock as home-exercise interest fades - but JPMorgan says a strong holiday season can help propel it back up 60% next year
JPMorgan analysts maintained an 'overweight' rating ahead of the exercise equipment maker's stronge…
Isabelle Lee
1 min read
Peloton sinks after issuing downbeat outlook as it slashes $400 off the price of its original exercise bike
The company said Friday it received a federal subpoena stemming from reports about injuries from it…
Carla Mozée
2 mins read
Peloton sheds $8 billion in value after earnings show the reopening is hitting sales hard
"We underestimated the reopening impact on our company," Peloton chief John Foley told shareholders…
Harry Robertson
1 min read
Peloton reportedly freezing hiring after shedding billions in market value as home-exercise interest fades
Peloton shares dropped by 34% Friday in its biggest one-day drop ever, shedding as much as $8 billi…
Lauren Frias
2 mins read
Peloton downgraded at Goldman Sachs after 458% rally as firm cites shipment delays and near-term opportunity that's already priced-in
Peloton recently notified customers who expected a bike delivery in the second half of October that…
Matthew Fox
2 mins read
Berkshire Hathaway and Adidas check every box as a potential Peloton buyer, according to the activist firm that pushed for CEO's resignation
In a 65-page presentation to the Peloton board, Blackwells Capital named 19 potential acquirers of …
Isabelle Lee
1 min read
Peloton's founder is no longer a billionaire after the stock's violent post-earnings sell-off
CEO John Foley's net worth was slashed to around $850 million during Friday's dramatic sell-off fol…
Max Adams
1 min read
Peloton drops 7% after the cycle-maker said it's struggling to keep up with surging demand for its flagship fitness products
Over the past year, Peloton's customers have complained of months-long waits, delivery delays, and …
Shalini Nagarajan
2 mins read
Peloton stages a rebound after stock plunge as the CEO says it is resetting production for sustainable growth
"We feel good about right-sizing our production," Peloton CEO John Foley told employees in a letter…
Carla Mozée
2 mins read
10 things in tech you need to know today
Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Busi…
Charlie Wood
2 mins read
10 things you need to know before the opening bell
This is what traders are talking about.
Shalini Nagarajan
3 mins read
Morgan Stanley details 3 reasons why stock investors should stay defensive and avoid getting too optimistic
After a volatile start to the year, US equities have further downside, and investors should maintai…
Isabelle Lee
11 mins read
The rise and fall of Peloton, from pandemic-era success story to its stock hitting a record low
Peloton's CEO Barry McCarthy is out after two years as the stock hit a record low. The fitness bran…
Avery Hartmans
3 mins read
US stock sell-off deepens as Nasdaq falls nearly 3% on fears of higher rates and weak tech results
The Dow Jones Industrial Average fell over 400 points while the S&P 500 slumped to its worst weekly…
Isabelle Lee
2 mins read
Workday leaps 12% after beating earnings expectations on work-from-home demand
The firm's better-than-expected results point to strength in the workplace-software sector as compa…
Ben Winck
2 mins read
Most CEOs are already preparing for a recession, with plans including laying off staff and cutting spending on environmental issues, a major survey shows
91% of CEOs of big US companies said there will be a recession within the next year, and only a thi…
Grace Dean
2 mins read
Lululemon spent $500 million on high-tech fitness startup Mirror but the deal is losing its shine, analysts say
As the home fitness market has become more crowded with new players, leading brands have seen growt…
Mary Hanbury
3 mins read
Expectations for global growth and corporate profits are cratering as Trump's trade war rages on
Stocks received a boost Tuesday as investors pinned their hopes on President Trump and Chinese Pres…
Rebecca Ungarino
3 mins read
This 'investor triple-whammy' explains why stocks are down sharply and having a wild start to 2022
Three key factors are weighing on stocks, whose volatility has surged as a cloud of uncertainty han…
Harry Robertson
2 mins read
Nasdaq drops 3.7% as Meta earnings disaster sends investors fleeing tech shares
In addition to Meta's dive, other social media stocks sold off as did stocks with exposure to the m…