Peloton’s stock is double upgraded as new CEO helps swing BofA to bullish

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 - 17 hours ago

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 - 4 days ago

Nvidia’s stock can hit $190 as ‘generational opportunity’ unfolds, says BofA

Nvidia’s free cash flow in the coming years could rival Apple’s, one analyst said.

Business - MarketWatch - October 19

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 - 5 days ago

The Stock Market’s Bullish Run Is Likely to Continue, Analysts Say

The bullishness on Wall Street is largely based on confidence that the Federal Reserve will tame inflation, the economy will remain solid and corporate earnings will continue to grow.

Business - The New York Times - October 15

The bullish breakout for Nvidia’s stock could be a false one, if this happens

Concerns that the recent breakout rally in Nvidia’s stock was “false” are still premature, unless it falls through key support at recent lows.

Business - MarketWatch - October 23

Amazon’s satellite constellation doesn’t offer its stock much upside, says BofA

The company’s ambitious Project Kuiper broadband satellite system has been attracting a lot of attention recently.

Business - MarketWatch - October 21

CVS cuts outlook yet again — while swapping out CEO for a company veteran

“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.

Business - MarketWatch - October 18

Jim Cramer says don't sell Starbucks stock on the new CEO's painful moves to right the ship

New Starbucks CEO Brian Niccol has cleared the decks for his turnaround plan.

Business - CNBC - October 23

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 - 4 days ago

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.

Vietnam waits for major upgrade to its $200 billion stock market

Vietnam's chip capabilities have it competing against near neighbor Malaysia, attracting global semiconductor firms.

Business - CNBC - October 28

We upgraded Stanley Black & Decker stock despite the post-earnings selling

While the numbers were disappointing, the company's turnaround continues to plan.

Business - CNBC - 6 days ago

Shares of Peloton surge 11% after David Einhorn says stock is significantly undervalued

Peloton has been in the middle of a turnaround and Greenlight Capital's David Einhorn thinks the stock is significantly undervalued.

Business - CNBC - October 24

Tesla’s stock sees best day in 11 years. Why it’s still hard not to be bullish.

Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing transparency.

Business - MarketWatch - October 24

LeBron James continues to impress Lakers coach JJ Redick with his 'insane' feats

The Lakers defeated the Kings in a game of big momentum changes, including L.A.'s 21-0 run to start the fourth quarter, for their best start since 2010.

Sports - Yahoo Sports - October 27

Solanke double helps Spurs secure emphatic win against Aston Villa

Behold the steelier, sturdier, more structured version of Angeball. From opting for the power of Pape Matar Sarr over the silkiness of James Maddison in midfield, to finding the right motivational ...

World - The Guardian - Yesterday

CoD: Black Ops 6 Gets Audio Upgrades, Plus Setting To Help With Tinnitus

Call of Duty: Black Ops 6 launches later this month, and now Activision has revealed the audio innovations Treyarch has implemented into the game. The publisher claims gameplay audio will be even ...

Tech - GameSpot - October 15

'New bullish phase'? As gold hits another high, analysts say more records are in sight

Gold is now in a new bullish phase after prices hit a record high, said Sprott Asset Management, echoing other bullish calls for the bullion to scale new highs.

Business - CNBC - October 22

China’s Stock Markets Rebound on Promises to Help Businesses

Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.

Business - The New York Times - October 14

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

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

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - October 25

Why Georgia’s EU future is on the ballot in historic parliament vote

Also in this newsletter: Russian migrant-smuggling ring busted

World - Financial Times - October 25

How Trump Media’s Stock Could Swing After the Election

No stock is more directly linked to the outcome than Trump Media & Technology Group, the parent company of Truth Social.

Business - The New York Times - 2 hours ago

Starbucks Scales Back Discounts Under New CEO

Brian Niccol, the company’s new chief executive, is aiming to improve cafe operations and focus more on selling premium coffee while promoting seasonal drinks.

Business - The Wall Street Journal - October 14

Starbucks Baristas Demand Change from New CEO

Starbucks baristas hope to see their complaints taken seriously with new leadership at the helm.

Business - Inc. - October 23

Where To Preorder New iPad Mini - Apple's Compact Tablet Gets Substantial Upgrades Next Week

For Apple users who prefer the company's small tablets, the long wait for an updated iPad Mini is almost over. Earlier this week, Apple revealed the first major revision to Apple's line of ...

Tech - GameSpot - October 16

Would you pay Disney $449 extra for front-of-line access? Why VIP upgrades are becoming the new norm.

Companies want to extract every dollar they can from customers, say experts. But many consumers welcome the opportunity to feel like big shots.

Business - MarketWatch - October 19

Morant's triple-double helps Grizzlies build big lead and coast to 122-99 victory over Bucks

Ja Morant had 26 points, 14 assists and 10 rebounds and helped the Memphis Grizzlies build a 31-point second-half cushion and beat the Milwaukee Bucks 122-99

Sports - ABC News - 4 days ago

Cunningham has 3rd career triple-double to help the Pistons beat the Lakers, 115-103

Cade Cunningham had 17 points, 11 rebounds and 11 assists for his third career triple-double and the Detroit Pistons beat the Los Angeles Lakers 115-103 on Monday night

Sports - ABC News - 10 hours ago

New details revealed in Delphi girls' double murder as opening arguments begin

Richard Allen is accused of killing Abby Williams, 13, and Libby German, 14, on an Indiana trail in 2017.

Stocks usually see double-digit gains under U.S. presidents — with two exceptions since 1933

With the U.S. presidential election just two weeks away, Deutsche Bank Research found the S&P 500 has seen a long stretch of annualized double-digit returns under different White House ...

Business - MarketWatch - October 22

IBM says AI business is rapidly growing, but that’s not enough to help the stock

IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure revenue declined.

Business - MarketWatch - October 24

CVS Health CEO Karen Lynch steps down after 19% stock plunge

CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.

Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat

Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.

Business - MarketWatch - October 29

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