Latest in Peloton
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Shares of Peloton surge 12% as it edges toward profitability, posts better than expected sales
Peloton has shifted its focus to boosting profitability at the expense of growing sales by cutting marketing and other administraitive costs.CNBC - 49m -
Peloton sees strong Tread demand as revenue beats by widest margin since 2019
Peloton’s stock soars after earnings again, as strong demand for Tread products led to the biggest revenue beat in five years.MarketWatch - 10h -
Einhorn says the market is at the fartcoin stage of the cycle. His fund bought Peloton and made these moves.
David Einhorn’s Greenlight Capital is keeping Big Tech at arm’s length, along with crypto. Here’s what the hedge fund has been buying lately.MarketWatch - Jan. 22