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 | Getty Images Peloton‘s goodwill took a ...

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 Angerer | Getty Images When Barry McCarthy showed ...

Peloton, Upstart, Vroom and more

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 Check out the ...

Peloton, Novavax, Vroom and more

Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton shares plunged 25.8% in the premarket after the fitness equipment maker reported a larger-than-expected quarterly l...

Peloton (PTON) fiscal Q3 2021 earnings

A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Tuesday reported a wi...

Stock futures are slightly higher after S&P 500 falls to its lowest level in more than a year

U.S. stock futures are slightly higher on Monday night after the S&P 500 fell to its lowest point in more than a year. Dow Jones Industrial Average futures rose by 81 points, or 0.3%. S&P 500 ...

What Wall Street expects Tuesday

A woman walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | VIEW press | Corbis News | Getty Images Analysts and investors are eager to get to know Peloton Chief E...

Own solid names and have cash for market bounce

CNBC’s Jim Cramer said Friday that enduring the current market is a waiting game for a rally — and investors need to be prepared for when that happens. “Your portfolio should be split amon...

Peloton shares hit all-time low as pressure mounts ahead of earnings

In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton Interactive shares tumbled to an all-time low Friday...

Peloton, Under Armour, Monster Beverage and more

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., September 26, 2019. Shannon Stapleton | Re...

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 first-quarter loss of 1 cent per share, compared with a profit estimate of ...

E-commerce stocks plummet as consumers pull back online spending

The Etsy website Gabby Jones | Bloomberg | Getty Images Shoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears that consumers are pulling back their spending on s...

Fanatics adds SoftBank executive, ex-Airbnb marketing chief to board

A detailed photo of the Fanatics apparel displayed at NFL Hospitality during the 2018 NFL Annual Meetings at the Ritz Carlton Orlando, Great Lakes on March 26, 2018 in Orlando, Florida. Mark Brown | G...

These stocks soared during the pandemic, and then crashed. Ten are now expected to double in price.

A screen of stocks that popped during the coronavirus pandemic highlights dozens that have crashed. But some are considered worthy of purchase by a majority of analysts. You might want to keep an eye ...

Lululemon monthly memberships for clothes, events and classes

Lululemon is launching a membership program — and it’s about more than workout clothes. The athletic apparel retailer will debut two tiers of memberships, one free and one paid, in a bid to buil...

Peloton raises subscription fees, cuts prices for Bikes, Treads

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 is hik...

Peloton activist Blackwells takes aim at new CEO, pushes for sale

A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images Activist Blackwells Capital is reiterating its push for Peloton to consider a sale, arguing ...

How 9 ‘pandemic plays’ that rallied Monday will respond

CNBC’s Jim Cramer on Monday said that some of the pandemic-era winners that rallied on Monday will be able to hold onto their recovery while others will flounder. “When you see all the so-...

Hydrow raises millions as at-home fitness industry faces post-Covid reckoning

Hydrow, maker of a $2,500 connected rowing machine, said Thursday it has landed another $55 million in funding to fuel its growth while the at-home fitness industry undergoes a shakeout as consumers r...

U.S. stock futures are flat ahead of Wednesday’s Fed meeting

Stock futures were flat in overnight trading after the major indexes rallied and oil prices tumbled below $100 a barrel ahead of Wednesday’s Federal Reserve meeting. Futures on the Dow Jones Ind...

Airlines, Coupa Software, GitLab and more

Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV) – Delta rallied 3.7% in the premarket while United jumped 3.9% and So...

American Airlines, Starbucks, Peloton and more

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies makin...

Stocks making the biggest moves midday: Alibaba, Apple and more

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. ...

Peloton tests new pricing model as it tries to win customers

Peloton’s new Chief Executive Barry McCarthy has only been at the helm of the connected fitness company for about a month, but he’s already testing ways to lure new customers and make the ...

Peloton hit by major outage, company says it’s investigating the issue

A Peloton store in Walnut Creek, California, U.S., on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Peloton on Tuesday suffered a major outage that meant at least some users were ...

Cramer says many companies aren’t ready for a post-Covid pandemic world

Many companies appear to be ill-equipped to thrive in a post-Covid world, CNBC’s Jim Cramer said Wednesday. “I have not seen a lot of companies who are prepared for post-pandemic. I’...

The fall of Peloton’s John Foley and the market’s big founder problem

John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in Ne...

Peloton CEO’s first all-hands meeting cut short as ex-staff crash it

In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton held a virtual all-hands meeting Wednesday that was ...

Serena Williams to star in Tonal ad targeting women

Tonal, known for its $2,995 at-home gym, is using a Super Bowl ad to make a point to women that they can use strength training equipment just like men. A new campaign starring tennis champion Serena W...

Peloton, Canopy Growth, Chipotle and others

Check out the companies making headlines before the bell: Peloton (PTON) – Peloton added 1% in premarket trading after surging more than 20% in each of the past two sessions. Yesterday’s gains c...

Read the email that Peloton’s new CEO Barry McCarthy sent to staff

Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Peloton’s new CEO, Ba...

Peloton founder John Foley’s mea culpa, says recent events are ‘humbling’

In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton founder John Foley, who is on the way out the door a...