Latest in Peloton’s Stock Soars 30% after Company Names Apple Fitness Co Founder As New Ceo
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Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peloton has chosen Ford executive Peter Stern to be its next CEO after Barry McCarthy stepped down earlier this year.Business - CNBC - October 31 -
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.Top stories - NBC News - October 31 -
Super Micro shares soar 31% after company names new auditor to help keep Nasdaq listing
Super Micro, which has been battered by bad headlines in recent weeks, said on Monday that it hired BDO as its independent auditor.Business - CNBC - 3 days ago -
Peloton’s stock is double-upgraded as new CEO helps swing BofA to bullish
Peloton’s stock rallied after the company’s biggest Wall Street bear turned bullish following the announcement of a new CEO and an upbeat earnings report.Business - MarketWatch - November 4 -
Toast’s stock soars after company swings to profit and revenue beats estimates
Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.Business - MarketWatch - November 8 -
Peloton Interactive Names Peter Stern as CEO; Narrows 1Q Losses
Peloton Interactive appointed Peter Stern as chief executive officer following a months-long search for a new leader to continue its turnaround efforts.Business - The Wall Street Journal - October 31 -
Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO
The influential cryptocurrency exchange has undergone several reorganizations in recent years.Business - The New York Times - October 30 -
Super Micro files plan for its delayed reports, names new auditor; stock soars 40%
Super Micro’s stock rallies after news that staves off delisting — at least for now.Business - MarketWatch - 4 days ago -
Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance
Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.Business - MarketWatch - October 25 -
Rocket Lab stock surges almost 30% to near all-time high after company's Q3 results
Rocket Lab jumped in trading after the company reported third-quarter results.Business - CNBC - November 13 -
Super Micro’s stock surges as company names a new auditor. What to watch next.
The company still faces many unknowns, but an analyst expects Nasdaq approval for Super Micro’s filing plan in two to five weeks.Business - MarketWatch - 3 days ago -
OpenAI co-founder Greg Brockman returns after three months of leave
OpenAI co-founder Greg Brockman has returned to the company after taking a sabbatical that began in August.Business - CNBC - November 12 -
Stocks soar after decisive Trump victory
Major stock indexes soared Wednesday morning in the wake of Donald Trump's decisive victory in Tuesday's presidential election.Top stories - NBC News - November 6 -
Reddit shares soar after company turns first-ever profit
Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...World - The Guardian - October 30 -
FTX co-founder Wang avoids prison after assisting in Bankman-Fried case
Crypto exchange’s former chief technology officer credited by judge for swiftly helping prosecutorsBusiness - Financial Times - 2 days ago -
Boohoo Names New CEO, Defies Frasers' Bid to Install Ashley
Boohoo named Dan Finley as its next chief executive officer, spurning major shareholder Frasers’ attempts to install its owner Mike Ashley at the helm.Business - The Wall Street Journal - November 1 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - November 15 -
Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans
Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK businessBusiness - Financial Times - November 15 -
Liberty Energy’s stock rises after Trump selects founder as U.S. energy secretary
Wright said he is “deeply honored” by his selection and plans to work to bring “affordable, reliable energy to the citizens of the United States and beyond.”Business - MarketWatch - 4 days ago -
Rocket Lab stock soars amid strong momentum for the space-launch company’s Electron rocket
Shares of Rocket Lab USA Inc. are up 23.7% in premarket trades after the space-launch company highlighted strong demand for its Electron rocket during its third-quarter results Tuesday.Business - MarketWatch - November 13 -
Intuitive Machines’ stock soars as company preps second moon mission for early 2025
Houston-based Intuitive Machines made history in February when its IM-1 mission successfully landed the first commercial lander on the surface of the moon.Business - MarketWatch - November 15 -
Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - November 1 -
Trump calls for investigation of 'rumors' he plans to sell Trump Media stock
Donald Trump, majority owner of the Truth Social operator Trump Media, defeated Kamala Harris in the 2024 presidential election.Business - CNBC - November 8 -
Masimo Terminates Founder Kiani as CEO
Medical-device maker said Joe Kiani, who previously informed the board of his decision to resign as chief executive, has been terminated by the company, following a review by outside counsel.Business - The Wall Street Journal - October 29 -
Home Depot co-founder Bernie Marcus dies
Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95.Politics - NBC News - November 5 -
Burberry shares soar 20% as new CEO pledges focus on fashion brands’ heritage
Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course correct” the company after it swung to a first-half loss.Business - MarketWatch - November 14 -
Phunware’s stock tumbles more than 35% after CEO retires
Shares of Phunware Inc. were down more than 35% after the retirement of Chief Executive Mike Snavely from the mobile-advertising company.Business - MarketWatch - October 24 -
Stocks soar on Trump win
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump victory sends stocks, crypto soaring Stocks skyrocketed Wednesday after ...Politics - The Hill - November 6 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - October 30