Clothing inside a Peloton store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty Images Peloton posted a surprise profit for its fiscal fourth quarter on Thursday and outlined its strategy to return to growth under new CEO Peter Stern. Shares rose in …
WASHINGTON, DC – APRIL 29: The U.S. Department of Education is seen reflected in the windows of a building on April 29, 2025 in Washington, DC. The Washington Post | The Washington Post | Getty Images As the Trump administration and Congress narrow options for student loan repayment and forgiveness, …
Here are the biggest analyst calls on Wall Street on Monday: Bernstein upgrades Boeing to outperform from market perform Bernstein says the aerospace company is in the middle of a turnaround. “We upgrade Boeing to Outperform. Boeing is now making the progress it needed for the growth trajectory we expected …
Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses. The beleaguered connected fitness company, which two board members have run since former CEO Barry McCarthy resigned earlier this …
A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. Michael Nagle | Bloomberg | Getty Images Peloton no longer faces an imminent liquidity crunch after a massive debt refinancing, but the company …
Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC. A day earlier, the pharmaceutical giant’s stock had …
Stocks end the day mixed Here is how the major indexes closed on Tuesday: — Pia Singh Chinese tech stock rally reverses course on Tuesday The rally for stocks tied to China stumbled on Tuesday, with several of the country’s top tech names under pressure. Shares of JD.com slipped 1.8%, …
Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay …
In the months before Bed Bath & Beyond declared bankruptcy last April, the former home goods titan was trapped in a crushing cycle. The retailer had been failing to pay its vendors on time, if at all. During the pivotal holiday season, some began requiring payment when goods were delivered …
(L to R) Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Drew Angerer | Getty Images Disney shareholders on Wednesday reelected the …