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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

Apple or Amazon Could Buy These Two Pandemic Stock Darlings

Both companies have seen their share price fall, but that doesn't mean Apple or Amazon wouldn't be interested at the right number.

The Street

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

Former Peloton CEO Faced Margin Calls as Stock Slumped, Report

Peloton co-founder and former CEO John Foley faced repeated margin calls on money he borrowed against his Peloton holdings before he left last month.

The Street

Peloton Bike Never Goes on Sale, but it's $225 off on Amazon

Peloton’s isn’t even matching this on its own site: This October Amazon Prime Day sale price is the all-time-low discount for the bike.

The Street

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 Stock Could Rally Another 20%. Here's the Trade

Peloton stock is bucking the bad news, but it's far from being out of the woods. Here's how the charts look now.

The Street

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Evening Standard

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

The Street

Lululemon Wins a Big Battle Against Peloton

The connected bike company keeps getting bad news as it struggles with demand.

The Independent UK

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

Actor said he had ‘a little too much tequila’

Investors Business Daily

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.

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news in one place.

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StockNews.com

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…

The Street

Nautilus Joins Peloton In What’s Becoming a Post-Pandemic Reality

Nautilus joins Peloton on list of connected home-exercise equipment companies seeking financial and other options amid a post-pandemic sales slump.

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).…

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

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