Rivian Automotive’s recently announced partnership with Mercedes-Benz Group spells good news for the electric vehicle maker, according to analysts. Last week Rivian Automotive Inc. RIVN, +0.89% and Me...
Tag: Peloton Interactive Inc
Lowe’s chief marketing officer Marisa Thalberg leaves company in shakeup
Marisa Thalberg, executive vice president and chief brand and marketing officer. Source: Marisa Thalberg Lowe’s chief marketing officer Marisa Thalberg has left the retailer as part of a broader...
Best Buy, First Solar, Twitter and more
Check out the companies making headlines before the bell: Best Buy (BBY) – Best Buy gained 2.6% in the premarket after the electronic retailer beat Street forecasts on the top and bottom lines for its...
Affirm, Electronic Arts, Dell, Seagen and more
Electronic Arts (EA) signage is displayed on the back of a chair at the company’s campus in Burnaby, British Columbia, Canada. Ben Nelms | Bloomberg | Getty Images Electronic Arts (EA) signage i...
Peloton, Salesforce, Dollar Tree and more
Check out the companies making the biggest moves midday: Peloton — Shares of Peloton plunged over 18% after the company reported quarterly results Thursday showing a wider-than-anticipated loss and de...
Peloton (PTON) reports Q4 2022 losses mount
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton on Thursday reported widening losses and slumping sales for its fisc...
Dollar Tree, Peloton, Salesforce and more
Check out the companies making headlines before the bell: Dollar Tree (DLTR) – The discount retailer’s stock slid 6.6% in the premarket after cutting its full-year earnings forecast, due to the ...
Peloton, Bed Bath & Beyond, Nordstrom and more
A man walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Bey...
Peloton to sell fitness equipment, apparel on Amazon
Peloton has struck a partnership with Amazon in a bid to broaden its customer base and win back investors’ confidence, as revenue growth slows from pandemic highs and its stock price plunges. In...
‘Covid winners’ like DocuSign still have time to reinvent
CNBC’s Jim Cramer on Tuesday lamented the languishing stocks of pandemic winners like DocuSign — but suggested the window of reinvention has not been slammed shut just yet. “We know it has...
Bed Bath & Beyond, Foot Locker and more
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Foot Locker — The retail stock surged more than 20% after it appointed former Ulta Beauty hea...
Peloton, Toast, Illumina and more
Exercise equipment and apparel for sale at the Peloton showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making the ...
Peloton says it’s slashing 780 jobs, closing stores and hiking prices
Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking the prices on some of its equipment in a bid to cut costs and become pr...
Rivian: ‘Zombie’ company or charging down a path to EV success?
This a crucial time for car maker Rivian Automotive Inc., as it battles for its place in the competitive electric vehicle market. Rivian Automotive Inc.’s RIVN, +2.48% stock price has fallen 64.6% thi...
2020 changed economy in ways we can’t understand yet
National Guard troops pose for photographers on the East Front of the U.S. Capitol the day after the House of Representatives voted to impeach President Donald Trump for the second time January 14, 20...
Peloton competitor Tonal cuts 35% of jobs ahead of possible recession, IPO
Tonal in-home fitness. Source: Tonal Tonal, the connected fitness equipment maker that counts tennis superstar Serena Williams and Amazon‘s Alexa fund as backers, is cutting 35% of its workforce...
Gap, Peloton, Boeing, American Airlines, Twitter and more
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Gap — Shares of the apparel retailer dropped more than 3% after Gap announced Mon...
Peloton to outsource all manufacturing as part of its turnaround efforts
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton said T...
PepsiCo, Gap, Peloton and others
Check out the companies making headlines before the bell: PepsiCo (PEP) – The beverage and snack giant reported an adjusted quarterly profit of $1.86 per share, 12 cents above estimates, and revenue t...
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 Images Peloton sweetened incentives for its workers with one-time c...
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 positions, in a bid to trim expenses amid red hot inflat...
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 | Reuters Check out the companies making headlines in midday tradin...
Target, J.M Smucker and more
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target announced a series of moves to “right-size” its inventory levels, including additional markdowns and cance...
What Walmart, Target, Home Depot and Lowe’s tell us about the economy
Compilation of Target, Walmart, Lowe’s and Home Depot stores. Reuters How well is the American consumer holding up against sky-high inflation? It depends on whom you ask. Four major retailers — ...
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 along with a general surge in online shopping. Ini...
Beyond Meat’s cash burn is putting the stock at risk of falling to $0, warns New Constructs
Beyond Meat is the latest addition to the list of “zombie stocks” compiled by independent equity research firm New Constructs. The research firm, which uses machine learning and natural language proce...