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Peloton shares plunge on wider-than-expected loss after recall, fall in subscribers
Peloton (PTON) shares tumbled over 20% in early trading on Wednesday after reporting a wider-than-expected los...
August 23, 2023, 12:15 pm
Mallinckrodt stock tumbles on plans to file for chapter 11 bankruptcy for second time in three years
Mallinckrodt PLC (NYSE:MNK) said it plans to initiate voluntary prepackaged Chapter 11 bankruptcy proceedings in the US in a matter of days to give i...
August 23, 2023, 11:41 am
Peloton stock dives on revenue forecast, bike seat recall costs
Peloton (PTON) shares plunged by over 20 percent this morning after reporting fourth-quarter earnings. The exercise technology company beat revenue es...
August 23, 2023, 10:43 am
Abercrombie & fitch (anf) surpasses q2 earnings and revenue estimates
Abercrombie & Fitch (ANF) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares ...
August 23, 2023, 10:32 am
Bike recall pushes peloton stock to record low
Peloton Interactive Inc (NASDAQ:PTON) is down 19.6% to trade at $5.66 at last check, after the fitness equipment company reported wider-than-expecte...
August 23, 2023, 10:26 am
Investors are giving up on these 2 stocks -- should you?
Markets opened modestly higher after seeing losses in recent weeks. Peloton Interactive reported declin...
August 23, 2023, 9:55 am
Peloton (pton) reports q4 loss, tops revenue estimates
Peloton (PTON) came out with a quarterly loss of $0.68 per share versus the Zacks Consensus Estimate of...
August 23, 2023, 9:46 am
Nike and adidas shares trip up after foot locker 2q shocker
Shares of sports gear companies Nike Inc (NYSE:NKE) and adidas AG (OTCQX:ADDYY) fell sharply in early Wednesday trading after footwear retailer Foot L...
August 23, 2023, 9:18 am
Peloton and amc stocks crater to all-time lows—down 97% apiece from 2021 peaks
Other pandemic risers like Coinbase, DocuSign and Zoom have also suffered more than 80% stock losses....
August 23, 2023, 9:06 am
Nike stock rout deepens in longest run of declines since 1980
Nike shares are on their longest losing streak since the company went public in 1980. The stock has seen nine straight days...
August 23, 2023, 8:49 am
Tecl: the riskiest bet of all
The Direxion Daily Technology Bull 3X Shares is a leveraged ETF that focuses on technology companies in the S&P 500 index. TECL aims to achieve a 300%...
August 23, 2023, 8:31 am
Markets love them, analysts are bullish, 3 mining stocks to play
Commodities are flying across many screens, for traders and investors alike, as volatility seems to be drawn to that tiny - yet essential - pocket of ...
August 23, 2023, 8:21 am
Ibm dumps weather business as transformation continues
IBM is selling The Weather Company, likely at a large loss. The company's bet on weather data and the I...
August 23, 2023, 8:10 am
Aud/usd risks further weakness below 0.6365 – uob
In the opinion of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, AUD/USD risks further...
August 23, 2023, 7:44 am
1 astonishing ai stock to buy hand over fist, according to wall street
Palo Alto Networks just released results for its fiscal 2023, which ended July 31. The company's revenue grew, and it delivered a profit after years o...
August 23, 2023, 7:30 am
Peloton shares drop 25% after posting wider than expected loss, falling sales
Peloton's shares plunged 20% after the company fell short of Wall Street's quarterly expectations and reported a...
August 23, 2023, 7:28 am
Novo hires thermo fisher as 2nd manufacturer for wegovy weight-loss drug - source
Novo Nordisk has hired Thermo Fisher as its second contract manufacturer for its hugely popular weight-loss drug Wegovy, a source familiar with the ma...
August 23, 2023, 7:13 am
Foot locker's stock tumbles 26% after revenue miss and lowered guidance and company says it's suspending its quarterly dividend
Foot Locker Inc.'s stock FL, -4.80% slid 26% in premarket trade Wednesday, after the sporting goods retailer swung to a...
August 23, 2023, 7:02 am
Nearly 90% of bitcoin short-term holders are underwater, onchain data show
“Sharp upticks in short-term holder supply in loss tend to follow ‘top heavy markets’ such as May...
August 23, 2023, 6:59 am
Eur/usd rebounds toward 1.0900 ahead of eurozone pmi
EUR/USD trims the previous day’s losses, trading higher around 1.0860 in the Asian session on Wednesd...
August 23, 2023, 6:14 am