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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   


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2 mins read

US stocks attempt to rebound after huge sell-off that sent S&P 500 to lowest level in a year

Of the 440 S&P 500 companies that have reported earnings so far, 77% of them have beaten profit est…

Matthew Fox   


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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   


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1 min read

A 61-year-old retiree says she bought $100 coats for $2.75 apiece as bargain stores are flooded with overstock from big retailers, report says

Retailers like Walmart and Target are flogging stock to discount chains before it even hits shelves…

Zac Wang   


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3 mins read

Apple is betting big on fitness with its new subscription service, but experts say Peloton doesn't need to worry

Peloton's premium equipment, which accounts for 80% of its total revenue, will continue to set it a…

Bethany Biron   


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6 mins read

The CEO of exercise-bike startup Peloton says the company 'sells happiness' in his big pitch to investors

To create Peloton, we needed to build what we believed to be the best indoor bike on the market, re…

Isobel Asher Hamilton,Isobel …   


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3 mins read

Insider Life: Post-vax Italian vacations - Peloton's latest recall - LA's "superbroker"

In this week's edition of Insider Life, we're discussing post-vax Italian destinations, Peloton's l…

Jordan Parker Erb   


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2 mins read

Peloton soars 20% to record highs after earnings show people flocking to its bike as gyms are closed across the country

"During the last few weeks of Q3, we saw a significant increase in demand for our bike, which has c…

Matthew Fox   


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3 mins read

Insider Life: Peloton's growth plans - Balenciaga x Crocs - Meghan Markle-backed coffee company

In this week's edition of Insider Life, we discuss the Balenciaga Crocs 2.0, a $22.5 million pentho…

Jordan Parker Erb   


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1 min read

Tesla extends 3-day slide to 15% as tech sell-off continues following comments from Fed chief

Powell's comments failed to soothe markets, with the Nasdaq erasing year-to-date gains since its re…

Isabelle Lee   


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4 mins read

Amanda Cooper   


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18 mins read

Gabby Landsverk   


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3 mins read

'That product was cursed from the beginning' – the long, hard road to market for SoulCycle's 'Peloton killer'

A PR disaster and internal tug-of-war for control of SoulCycle's home bike slowed the product's pat…

Jeff Elder,Katie Warren   


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1 min read

Amazon-backed Tonal fired 35% people off its workforce

Amazon-backed connected fitness equipment maker Tonal is reportedly cutting 35 per cent of its work…

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2 mins read

The recent sell-off has taken the 'frothiness' out of SPACs and has made mega-cap tech stocks look more attractive, Bespoke Investment says

The "frothiness" in some high-flying areas such as SPACs has been wiped out by the recent selloff, …

Carla Mozée   


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1 min read

Peloton says it plans to raise as much as $1.2 billion in its IPO

Peloton, the buzzy maker of expensive internet-connected stationary bikes and treadmills, will seek…

Alexei Oreskovic   


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6 mins read

How Peloton's 21 fitness-influencer instructors use Instagram fame to market the brand and keep customers coming back

The company has its own social engagement tools built into its fitness app. Users can see who's tak…

Dan Whateley   


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2 mins read

One of Wall Street's most notorious short-sellers says Peloton will plummet 86%, citing 'intense' competition

Second movers have started to create better bikes with features Peloton doesn't offer, Citron wrote…

Carmen Reinicke   


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3 mins read

Peloton's CEO once bragged on TV that the company was 'weirdly profitable,' but the startup's IPO filing reveals years of losses

Peloton's business model counts on high margins on sales of its proprietary fitness equipment and r…

Megan Hernbroth   


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8 mins read

The Echelon EX5S is built to take on Peloton, and costs much less, but if you're after a budget-friendly exercise bike, there are better options

The Echelon EX5S Connect Bike is a connected bike with an extensive library of live and on-demand s…

Alex Kalogiannis