Peloton has been working to generate free cash flow and return to profitability, and has made cuts to sales and marketing budgets to improve its balance sheet.
Schlagwort-Archiv: Markets
Bavarian Nordic shares pop over 13% on earnings beat, bumper mpox vaccine order
Shares of Danish biotech company Bavarian Nordic jumped Thursday after reporting first-half earnings and a bumper mpox vaccine order.
Amazon’s cloud unit may need to pass the profit growth baton to e-commerce
Amazon’s retail business has „big shoes to fill,“ according to one Wall Street research firm.
We’re raising our price target on TJX after it delivered for bargain-hunters and investors
The stock was jumping around 6% and on pace for a record close Wednesday.
The explosion of online sports betting is taking a toll on how people invest
While sports betting has put considerable sums into state coffers, it has come at a notable personal expense to gamblers and their families.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Stocks‘ rally hit the pause button Tuesday, with the S&P 500 snapping an eight-day win streak. Here’s what’s on the radar for CNBC TV going into Wednesday.
The explosion of online sports betting is taking a toll on how people invest
While sports betting has put considerable sums into state coffers, it has come at a notable personal expense to gamblers and their families.
China’s new rules are worrying insiders about how far Beijing will go on controlling critical metals
New export controls have shaken the critical minerals industry. Insiders are worried that Beijing will leverage its global supply chain dominance in unprecedented ways.
JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale
Walmart said the decision will allow it to „focus on our strong China operations for Walmart China and Sam’s Club, and deploy capital towards other priorities.“
How EVs and gasoline cars compare on total cost — where you live can make a huge difference
Electric vehicles generally have a higher purchase price. But EVs beat out gasoline-powered counterparts on total lifetime costs in certain cases.