3 monthes ago | By Business Insider
You can log in to your Peloton account from the web and the Peloton mobile apps. Ezra Shaw/Getty Images
Peloton's stock price has plummeted in the past 12 months.
The high-tech fitness company was once the golden child of the connected fitness world.
But slowing demand and product recalls have put pressure on its business.
Just under two years ago, Peloton was the toast of Wall Street. With consumers trapped at home and unable to visit gyms, demand for its high-tech fitness equipment soared. Peloton slashed the price of its bike but the approach bore little fruit. Michael Loccisano/Getty...
Read more ...
UPDATED, April 12, 2022, 1:12 p.m.: Public housing has gone middle class. Billed as “workforce housing,” it mimics a private-sector trend in places where home prices and rents... Read more ...
The United Nations chief on Wednesday launched a five-point plan to jump-start broader use of renewable energies, hoping to revive world attention on climate change as the... Read more ...
NATO Secretary-General Jens Stoltenberg said Wednesday that the military alliance stands ready to seize a historic moment and move quickly on allowing Finland and Sweden to... Read more ...
Michael Burry. Photo by Kevin Mazur/WireImage "The Big Short" investor Michael Burry expects a far steeper decline in the stock market. The Scion Asset Management chief's view... Read more ...
Elon Musk has put the brakes on his $44 billion bid to buy Twitter, saying the site has too many fake accounts. But is the world's richest man just hoping to negotiate a better... Read more ...
Twitter says it intends to close the deal, even as Musk suggests he might push for a lower price. Read more ...
A decade-old deal to build out a large retail space in the heart of Times Square landed Jeff Sutton with both a lucrative addition to his portfolio and a new enemy: an investor... Read more ...
Higher mortgage interest rates are hitting homebuyer affordability hard, and that is showing up in a sharp drop in mortgage applications. Read more ...
IBT Many companies use the term artificial intelligence, or AI, as a way to generate excitement for their products and to present themselves as on the cutting edge of tech... Read more ...