Peloton’s fiscal fourth-quarter sales surged 172% to $607.1 million, the company announced Thursday, as its high-tech stationary bike and treadmill became two of the hottest commodities for people looking to work out at home during the coronavirus pandemic. 

CEO Calvin McDonald said the retailer is „cautiously optimistic“ about the rest of the year. Lululemon is not offering a 2020 outlook at this time. 

The vast majority of active managers underperform their risk-adjusted benchmarks.  How come so few fund managers beat the market?

That lofty valuation makes Chime the most valuable American fintech start-up serving retail consumers.

„If we get a stimulus package and you’re out of the market, you will feel awful,“ CNBC’s Jim Cramer said on Thursday.

Critics of the IPO process say that’s capital that could have otherwise been invested by Snowflake in the business. 

Herman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to Refinitiv.

The vast majority of active managers underperform their risk-adjusted benchmarks.  How come so few fund managers beat the market?

That lofty valuation makes Chime the most valuable American fintech start-up serving retail consumers.

The newly created lender, which will keep the CaixaBank brand, will have assets of more than 664 billion euros, the companies said.