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The Latest Breaking News from Peloton

SNL: Colin Jost questions several companies’ ‘fake’ decision to drop Kanye West over antisemitic comments

’You didn’t have to announce that you were cutting ties,’ comedian said

The Independent UK

Autumn is least popular season for exercise in London, study finds

Less than two per cent of Londoners say they feel motivated to keep fit in October and November

Evening Standard

The status of Ye's Donda Academy is unclear after uproar over his antisemitic remarks

There were mixed signals about whether Ye's unaccredited Christian private school is closing. The uncertainty comes as businesses continue to dissociate from the rapper.

WEKU

From analysis to the latest developments in health,
read the most diverse news in one place.

Peloton Pauses Use of Ye’s Music in Future Classes

It is the latest company to distance itself from the rapper after a series of controversial moves and antisemitic comments.

Sports Illustrated

Kanye West escorted out of Skechers after showing up 'unannounced and without invite'

Kanye West was removed from Skechers' head office in L.A. after 'turning up announced' following the news that Foot Locker had terminated its contract with the rapper after his vile racist outburst

Daily Mirror

Kanye West music banned from Peloton as yet another company drops the disgraced star

Kanye West continues to lose deals following his anti-Semitic outburst, with Peloton now banning the use of his music on any of their platforms

Daily Mirror

Rishi Sunak’s morning routine: 6am Peloton, Britney Spears and a pain au chocolat

The prime minister’s morning is incomplete without a ‘chocolatey, sugary pastry’

The Independent UK

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1 Fitness Stock That Continues to Cycle Lower in 2022

The fortunes of once investor favorite Peloton Interactive (PTON) have shown no signs of turning around. The stock has fallen more than 75% year-to-date. With the company’s guidance for a year-over-year decline in revenue in the first quarter of fiscal 2023, the stock could continue to tumble further. Read more….

StockNews.com

Former instructor sues Peloton for $1.8m on allegations of discrimination

Daniel McKenna says his Irish background was mocked and that he wasn’t given any explanation when he was terminated

The Guardian - US

2 Stocks with Great Track Records to Buy Right Now

Despite the Fed's aggressive interest rate hikes, the job market remains strong. However, given the mounting recessionary fears, it may be prudent to invest in UnitedHealth Group (UNH) and Biogen (BIIB), based on their solid fundamentals and impressive growth prospects. Continue Reading….

StockNews.com

Peloton gears up to fire 500 staff as part of restructuring plan

The move represents a cut of around 12% of the company’s workforce

Evening Standard

Mila Kunis confirms Ashton Kutcher first confessed he loved her while drunk

Actor said he had ‘a little too much tequila’

The Independent UK

Stock Market Breaks Lows; Dow Down 500; Peloton Sinks After Dick's Deal

The stock market sold off as investors fear a more aggressive Fed after a big drop in unemployment claims. Exercise stock sinks on the news.

Investors Business Daily

Owning These 5 Stocks Won't Make You Rich in 2022

Since the Fed’s hawkish monetary policy stance to control the raging inflation is expected to keep the stock market under pressure in the upcoming months, we think it could be wise to avoid fundamentally weak stocks Uber Technologies (UBER), Coinbase Global (COIN), Peloton Interactive (PTON), FuelCell Energy (FCEL), and Marathon…

StockNews.com

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StockNews.com

2 Consumer Stocks That Are Safe to Buy and 2 That Aren't

Despite high prices, overall retail sales have exceeded estimates in August 2022. Moreover, consumer confidence is improving. Investors looking to buy consumer stocks might invest in Procter & Gamble (PG) and Colgate-Palmolive (CL). However, fundamentally weak stocks, Vinco Ventures (BBIG) and Peloton Interactive (PTON), might be best avoided now. Let's…

StockNews.com

2 Stocks with Too Much Downside Risk to Buy Now

The Fed’s hawkishness and mounting recession fears are expected to keep the stock market under pressure. Amid this backdrop, it could be wise to avoid fundamentally weak stocks Carvana (CVNA) and Peloton Interactive (PTON), which possess significant downside risks. Continue reading….

The Guardian - UK

First Thing: earthquake shakes Mexico on anniversary of two past tremors

Quake registered at 7.5 magnitude on anniversary of earlier tremors. Plus, the rise and fall of Peloton

StockNews.com

2 Meme Stocks You Should Not Touch With a 10-Foot Pole

The return of the meme stock frenzy has led several fundamentally weak stocks to soar to unsustainable prices. With the stock market expected to remain under pressure in the upcoming months, it could be wise to avoid fundamentally weak meme stocks Peloton Interactive (PTON) and Bed Bath & Beyond (BBBY).…

Get all your
news in one place.

100’s of premium titles.
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The Guardian - US

A pricey clothes rack? The people struggling to resell their Pelotons

As people return to their pre-pandemic exercise routines, the popularity of the expensive home-exercise bikes is on the wane

StockNews.com

5 Stocks to Sell Before Things Get Even Uglier

August’s CPI report revealed that inflation is far from being eased, enhancing the odds of another big Fed rate hike next week. With stubbornly high prices and tumbling market sentiment, it could be wise to sell fundamentally weak stocks Lucid Group (LCID), Plug Power (PLUG), AMC Entertainment (AMC), Peloton Interactive…

Investors Business Daily

Stock Market Losses Worsen, Dow Jones Off 900 Points

The major stock market indexes losses mounted in the noon hour of trading on Tuesday, and were at the lows of the day. The stock market punished investors on higher-than-expected August CPI (consumer price index) inflation results. The Nasdaq dropped 4%, leading the losses. The S&P 500 lost 3.2%. The…

Benzinga

Peloton Shares Drop As Co-Founders Step Down From Roles At Embattled Connected Fitness Company

Peloton Interactive Inc (NASDAQ: PTON) shares were trading lower in Monday's after-hours session after the company announced that co-founders John Foley and Hisao Kushi will step down from their roles at the connected fitness company.<

StockNews.com

3 Stocks to Sell as Investors Brace for More Fed Tightening

Concerns about skyrocketing inflation, the Federal Reserve's hawkish stance to tame it, and the prospect of a recession have driven recent market selloffs. As the Fed is expected to keep raising interest rates to bring inflation down to its target level, fundamentally weak stocks Peloton Interactive (PTON), Revolve Group (RVLV),…

StockNews.com

3 Layoff Stocks You Might Want to Avoid for the Rest of 2022

The economic and geopolitical headwinds have hammered several businesses this year, with many laying off their employees to reduce costs and stay afloat. Shares of Shopify (SHOP), DoorDash (DASH), and Peloton Interactive (PTON), which have taken layoff measures because of their unstable fundamentals and dim growth outlooks, could be best…

StockNews.com

Should Investors Throw in the Towel on Peloton Stock?

Shares of interactive fitness platform Peloton Interactive (PTON), which enjoyed a stellar run during the peak of the COVID-19 pandemic, have fallen precipitously and are now trading 92% below their 52-week high. Let’s find out if it is worth buying the stock now….

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