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The Latest Breaking News from Peloton

Job cuts are rolling in. Here's who is feeling the most pain so far

Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.

WEKU

Peloton Guide review: A motivation boost for at-home weights workouts (if you have a spare £275)

Peloton’s first connected strength gadget, the Peloton Guide, promises to transform your dumbell workouts by tracking them (and offering rewards) — but is it worth it? Katie Strick puts it to the test

Evening Standard

The household appliances that are secretly raising your energy bills, from Peloton bikes to PlayStations

Rising energy costs are forcing us to look more closely at our bills — here are some of the lockdown-fuelled purchases that might be costing more than you’d expect.

Evening Standard

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Cathie Wood Nears Complete Exit From Disney And This Exercise Bike Maker

Cathie Wood led Ark Investment Management on Wednesday neared a complete exit from Walt Disney Co (NYSE: DIS) and Peloton Interactive Inc (NASDAQ: PTON) as it sold more of its remaining sh

Benzinga

A Look At Former Stock Superstars Jumia, Peloton and Virgin Galactic: Are There Any Signs Of Life?

Jumia Technologies (NYSE: JMIA), Peloton Interactive, Inc (NASDAQ: PTON) and Virgin Galactic Holdings, Inc (NYSE: SPCE) were high flyi

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, June 7

Reuters

Benzinga

Peloton Taps Ex-Amazon Executive Liz Coddington As CFO

Peloton Interactive Inc (NASDAQ:PTON) has appointed Liz Coddington as the company's Chief Financial Officer, effective June 13, 2022. She succeeds Jill Woodworth, who has decided to step down as Peloton's Chief Financial Officer after serving the company since 2018. Woodworth will serve as a consultant for Peloton on an interim basis, aiding the…

Benzinga

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Peloton vs. NordicTrack: which exercise bike should you buy in 2024?

If you're after an exercise bike, comparing Peloton vs NordicTrack is a good place to start. Here's how to the two fitness brands compare on hardware, classes, and costs.

Tom’s Guide

2 Exercise Equipment Stocks to Avoid Like the Plague

The U.S. equity markets have been reeling under the pressure of market uncertainties, which include galloping inflation and anticipated aggressive rate hikes to rein it in. Because consumer sentiment is now hovering around record lows, exercise equipment and related fitness industries might witness a substantial downtrend. Thus, we think it…

StockNews.com

Virtual workouts spiked during the pandemic — and the trend is sticking around

During lockdown, gyms were out of the question. But some people felt more comfortable exercising at home, and companies hope to keep attracting new users by making VR apps more addictive and fun.

WEKU

Here's Some Good News if You're Still Trying to Lose Your 'Covid 15'

Now is a great time to snag a serious deal on one of the fitness world's biggest status symbols.

The Street

‘Unstoppable until they aren’t’: are tech market losses signs of a bust?

Apple is no longer the most valuable company, Meta took a $230bn hit, Amazon reported its first loss since 2015, but a slump ‘is a big question mark’

The Guardian - US

Hard Landing for Pandemic Darling Stocks

Pandemic stocks saw valuations rise and decline rapidly.

The Street

Could Peloton's New Rower Provide A Rally For Beaten-Down Stock?

Connected fitness company Peloton Interactive (NASDAQ: PTON) unveiled a new product Thursday. Here’s the latest and what it could mean.

Benzinga

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Evening Standard

Tech & Science Daily: Bitcoin crashes to lowest since summer ‘21

Plus, what’s the future for Peloton?

Benzinga

Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth

Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 11

Reuters

Benzinga

Analyst Says Peloton Could Flash A Buy Signal Soon: What To Watch For

Peloton Interactive, Inc.

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The Street

Peloton Stock: Headed Below $10 or About to Bounce? Check the Chart.

Peloton stock is getting decimated, down over 90% from the high. Are more losses in store or is a big bounce coming?

The Guardian - UK

Peloton shares plunge 20% as losses widen and sales guidance cut

Exercise bike maker misses targets, with boss describing turnaround effort as ‘emotionally draining’

The Independent UK

Peloton headwinds stiffen as people break pandemic routines

Peloton’s uphill struggle to generate sales as more people break from health routines forced during the pandemic continued in the third quarter and the company’s revenue outlook has shares tumbling more than 20% before the opening bell

Investors Business Daily

Dow Jones Rebounds After Stock Market Dive; Peloton, Upstart Crash On Earnings

The Dow Jones Industrial Average rallied 400 points Tuesday following Monday's market dive. Peloton and Upstart crashed on earnings results.

Benzinga

Why Peloton Interactive Shares Are Plunging Today

Peloton Interactive Inc (NASDAQ:PTON) reported a third-quarter FY22 sales decline of 24% year-on-year to $964.3 million, missing the consensus of $972.88 million. Ending digital subscriptions rose 10% Y/Y to 0.976 million, and ending connected fitness subscriptions grew 42% to 2.962 million. The gross profit fell 59% Y/Y to $184.2 million and the gross…

The Street

Peloton Stock Plummets After Wider Q3 Loss, Weak Sales Outlook As Turnaround Stumbles

"Turnarounds are hard work. It’s intellectually challenging, emotionally draining, physically exhausting, and all consuming. It’s a full-contact sport," said new CEO Barry McCarthy

The Street

Peloton Wants to Believe in Life After Lockdown

Peloton is struggling to survive as the pandemic stock darling confronts life after the Covid-19 shutdown.

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