Peloton’s Stock Soars

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 - 5 hours 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

Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake

The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.

Business - The New York Times - October 15

Travelers’ stock soars as earnings triple despite record catastrophe losses

ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.

Business - MarketWatch - October 17

DJT stock soars amid Donald Trump's rise in the betting markets

Trump Media's shares have soared with the former President Donald Trump's rise in the betting markets.

Alphabet quiets the doubters with ‘all-around’ strength that sends stock soaring

“We believe that this ship is sailing smoothly and doing everything right,” an analyst says.

Business - MarketWatch - Yesterday

Roblox’s stock soars on third-quarter bookings beat and raised guidance

Roblox shares rose after the online gaming company reported better-than-expected third-quarter bookings and raised its full-year guidance.

Business - MarketWatch - 7 hours ago

B. Riley’s stock soars 30% after bank agrees to sell Great American to Oaktree for almost $400 million

Investment bank’s stock is down 73% in the year to date amid regulatory fallout over a loan

Business - MarketWatch - October 14

Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company

H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.

Business - MarketWatch - October 14

Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant

Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of ...

Business - MarketWatch - October 17

Uranium and utilities stocks can soar even higher as Big Tech goes nuclear

Microsoft and other tech giants including Oracle, Amazon.com, Apple and Alphabet need more electricity to energize their AI future.

Business - MarketWatch - October 19

Viking Therapeutics’ stock soars 18% as data on oral weight-loss drug looms

Viking Therapeutics Inc.’s stock soared 18% Thursday, after the biotech, which is developing a weight-loss drug in pill form that has raised high hopes among analysts and investors, posted earnings ...

Business - MarketWatch - October 24

Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection

Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.

Business - CNBC - October 24

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 - 6 days ago

Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.

Business - MarketWatch - Yesterday

Reddit stock price soars after social media player reports rare profit

Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.

Carvana’s stock soars 20% as used-car retailer calls for better times ahead

Online used-car platform blows past Wall Street expectations for its third quarter.

Business - MarketWatch - Yesterday

United Airlines and Nvidia bookend list of 15 soaring S&P 500 stocks in October

Two airlines and two cruise lines make the list of the month’s best performers in the U.S. benchmark index.

Business - MarketWatch - 9 hours ago

Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers

Peloton has been working to grow sales and stem its losses and has had to work harder to accomplish both of those goals as customer acquisition costs rise.

Business - CNBC - October 22

Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers

Peloton’s stationary bikes will soon sell at Costco’s stores and on its website as the beleaguered fitness company looks for new ways to reach younger and affluent customers, Peloton is set to ...

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 - 9 hours ago

Spanish growth soars as Eurozone stumbles

Boosted by investment, immigration and tourism, Spain’s economy is set to record better growth than even the US

World - Financial Times - 2 days ago

This is why David Einhorn thinks Peloton could be worth five times what it is now

David Einhorn's Greenlight Capital had a $6.8 million stake in Peloton as of June 30, and he thinks the company could be worth five times its current value.

Business - CNBC - 6 days ago

Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.

Business - CNBC - 4 hours ago

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 - 6 hours 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.

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

Water regulator signals further increase to bills in England

Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investment

Business - Financial Times - October 22

Reddit shares close up 42% on profitability, rosy guidance

Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.

Business - CNBC - Yesterday

TSMC beats forecasts with 54% surge in profits on soaring AI demand

Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms

Business - MarketWatch - October 17

Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

Business - CNBC - October 18

This Expert Says AI Efficiency Soars When it Uses Video to Crunch Numbers

The key to optimal chatbot use hinges on making the right prompt to get the AI to respond precisely. A researcher found out we may be doing it wrong.

Business - Inc. - October 18

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