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PELOTON STOCK
Peloton cuts jobs, raises prices in bid for profitabilityPeloton said it also plans to "significantly" reduce its North American store base, which now numbers 86. But it didn't say how many locati...- Losing sleep over market crash? Shankar Sharma's 80-20 rule may help you surviveAs the carnage grows deeper in the broader market, Dalal Street is now full of pessimism. Amid heavy FII outflows, retail and other domesti...
- Some big investors loaded up on Peloton as stock tumbledTiger Global Management, already a Peloton investor, bought another 3 million shares, increasing its investment by 41% and Baillie Gifford,...
- Wall Street ends lower as Meta Platforms weighsAmazon.com Inc rose 0.2% after expanding its market capitalization by around $190 billion on Friday on the back of blowout earnings.
- Amazon is exploring offer for Peloton, source says; report says Nike also weighing bidMeanwhile, the Financial Times reported late on Friday that sportswear company Nike Inc is also evaluating a bid for Peloton.
- Was waiting for bear markets, Zomato's CEO tells employees as stock crashes“There is an important lesson here for all of us which I want to reiterate – we cannot control the market’s sentiments or the macro economi...
- Shankar Sharma on why 2021 seems like 2000 for stock markets2021 has seemed eerily similar to 2000. There have been millions of ‘lucky people’ on the planet in the last couple of years. The pandemic ...
- Buffering, the market reassesses startupsAs dollars swirl out of pandemic play and into beaten down sectors like energy, which is fuelling inflationary concerns in the US, Dalal St...
- Netflix, Peloton latest among market's pandemic stars to lose shineNetflix shares fell as much as 23% on Friday, the biggest drop since October 2014, while Peloton shares climbed 17% on the Nasdaq, reversin...
- Nasdaq extends declines to fourth day on Netflix letdownNetflix Inc plunged 22.7 per cent after the streaming giant fell short of market forecast for new subscribers at the end of last year and o...
- Peloton loses $2.5 billion in market value after report on production pauseShares in the exercise bike maker, once a pandemic darling, closed down 24% at about $24, wiping off nearly $2.5 billion in market value.
- Wall Street drops as bargain-hunting loses steamThe Dow Jones Industrial Average fell 313.26 points, or 0.89%, to 34,715.39, the S&P 500 lost 50.03 points, or 1.10%, to 4,482.73 and the N...
- Parag Agrawal of Twitter, Zoom’s Eric Yuan & other CEOs will transform businesses & innovations in 2022Some executives took on prominent new CEO positions this year that are worth watching.
- Amplitude valued at $5 billion after shares jump in Nasdaq debutAmplitude, which confidentially filed for a direct listing in July, was valued at $4 billion after raising $150 million from Sequoia Capita...
- Nasdaq slump badly bruises Wall Street's most loved stocksThe tech heavy index rebounded on Friday from losses earlier in the day, with investors in recent sessions spooked by rising interest rates...
- Bitcoin heads for worst weekly slide in a year amid risk selloffHeavy selling in the Grayscale Bitcoin Trust, the world’s largest such fund, as well as the expiry of Bitcoin options are also contributing...
- Lockdown winners fade as reopen trade roars after Covid dataZoom Video Communications Inc. plunged 16% in early trading, while Peloton Interactive Inc. slumped 13% and Netflix Inc. was down 5% as inv...
- Private, online and hi-tech: The coronavirus economyAs hundreds of millions of people worldwide are forced to stay in their homes and not travel abroad, the businesses that are helping them t...
- Silicon Valley is a born-again believer in profitsIt was only a few years ago that investors started to become anxious about the vast sums of money flying into unprofitable startups. The bu...
- Peloton, Endeavor duds give IPO bankers another black eyeThis trend, notable in the declines of Uber and Lyft, has accelerated in recent weeks, with SmileDirectClub posting the worst opening trade...
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