Peloton’s stock has rallied too much to justify buying any more, analyst says
Peloton’s stock followed a record rally with another gain on Friday, but J.P. Morgan recommended investors stop buying because although quarterly results were encouraging, the outlook remains too uncertain.
U.S. will offer free at-home kits starting late September
Images By Tang Ming Tung | DigitalVision | Getty Images The Biden administration on Friday said it will resume offering free at-home Covid-19 tests to American households in late September as the virus has gained a stronger foothold in the U.S. this summer. Americans will soon be able to use COVIDtests.gov to request four free […]
Analysts cheer Cava after a successful rollout of grilled-steak option
Restaurant chain Cava reported second-quarter earnings that more than doubled, and analysts credited a new food option.
Peloton to charge $95 activation fee for used bikes
Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as more consumers snag lightly used equipment for a fraction of the typical retail price. The used equipment activation fee for subscribers in the U.S. and Canada comes as Peloton starts […]
My girlfriend and I are having a symbolic ‘wedding.’ She does not want to lose her health benefits — and I don’t want to lose my shirt. Is that wise?
“I have this gnawing feeling that I’m setting myself up for disaster.”
Peloton (PTON) earnings Q4 2024
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 company’s shares spiked 35% on Thursday. The beleaguered connected fitness company, which two board members have run since former CEO Barry McCarthy resigned […]
Kamala Harris promises an end to the U.S. housing shortage in her ‘opportunity economy’
Democratic presidential nominee Kamala Harris offered promises about fostering “an opportunity economy” and fixing the housing market while criticizing Donald Trump’s tariff plans, as she gave her acceptance speech on Thursday night to conclude her party’s convention.
Walmart adds Burger King benefit for Walmart+ members
A Burger King Whopper hamburger is displayed in San Anselmo, California, on April 5, 2022. Justin Sullivan | Getty Images Walmart members are in for a whopper of a deal. The retailer on Thursday announced a new partnership with fast-food chain Burger King that will offer members of its Walmart+ subscription program 25% off any […]
Cava Group (CAVA) earnings Q2 2024
Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly earnings and revenue. Shares of the company rose 9% in extended trading. The stock has more than doubled its value this […]
Skydance reportedly accuses Paramount committee of violating merger deal
David Ellison’s Skydance Media is firing back at Paramount Global, accusing a special committee at the media and entertainment giant of violating the merger deal the two companies struck last month after Paramount said it would allow more time for talks with another interested buyer, according to a report on Thursday.
