Tag: Peloton Interactive Inc
Peloton slashing 780 jobs, closing stores and hiking prices in push to turn profit
Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking prices on some equipm [...]
Gap, Peloton, Boeing, American Airlines, Twitter and more
A Gap store in New York, August 2, 2020.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading.Gap — Shares of the apparel retail [...]
5 things to know before the stock market opens Tuesday, July 12
People walk by the NYSE in New York City.Spencer Platt | Getty Images News | Getty ImagesHere are the most important news items that investors need to [...]
Peloton sweetens employee pay incentives as it fights to boost morale
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen.Rafael Henrique | LightRocket | Getty ImagesPeloton swee [...]
Stitch Fix shares sink after company announces layoffs, offers weak guidance
Stitch Fix said Thursday that it is laying off 15% of salaried positions within its workforce, mostly in corporate roles and styling leadership positi [...]
Target, Kohl’s, Peloton and more
FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | ReutersCheck out [...]
Peloton’s CFO is leaving the company, will be replaced by Amazon cloud executive
A Peloton exercise bike is seen after the ringing of the opening bell for the company's IPO at the Nasdaq Market site in New York City, New York, U.S. [...]
U.S. job market divide boosts some workers’ prospects, puts others on notice
A help wanted sign is displayed in the window of a Brooklyn, New York business.Spencer Platt | Getty ImagesCracks are forming in the U.S. labor market [...]
Stocks like Peloton, Plug Power & Rivian are long-term winners
A Peloton exercise bike is seen after the ringing of the opening bell for the company's IPO at the Nasdaq Market site in New York City, New York, U.S. [...]
What Walmart, Target, Home Depot and Lowe’s tell us about the economy
How well is the American consumer holding up against sky-high inflation? It depends on whom you ask.Four major retailers — Walmart, Target, Home Depot [...]
Buy now, pay later is not a boom, it’s a bubble, Harvard fellow says
Most people love the convenience of buy now, pay later.Since the start of the coronavirus pandemic, installment payments have exploded in popularity a [...]
Peloton took $182 million impairment charge last quarter as inventories piled up
A Peloton stationary bike for sale at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Ge [...]
Surprised by how deep some issues ran at the company
Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho.Drew A [...]
Stock futures are higher after S&P 500 falls to its lowest level in more than a year
U.S. stock futures were higher on Monday night after the S&P 500 fell to its lowest level in more than a year.Dow Jones Industrial Average futures [...]
Under Armour, Cigna, DraftKings and others
Check out the companies making headlines before the bell:Under Armour (UAA) – The athletic apparel maker posted an adjusted loss of 1 cent per share i [...]