
Peloton (PTON) Shares Fall 27% Following Sales Loss and Low Subscriber Growth for Fiscal Q4 2023
Peloton sales and subscriber growth fell in Q4 2023 as expected, due to a traditional Q4 slowdown and a recall that affected 2 million bikes.
Peloton sales and subscriber growth fell in Q4 2023 as expected, due to a traditional Q4 slowdown and a recall that affected 2 million bikes.
In addition to exploring Asian and Latin American countries, Maple said the funding will help form new strategic partnerships.
AMC announced in August that it plans to issue 517 million shares of preferred stock, under the ticker symbol APE to raise more funds and counter its debts.
The CEO of Baidu disclosed that the company saw accelerated revenue and profit growth in the Q2 of 2023 due to the good performance of the online marketing business and operating leverage.
Meanwhile, investors are closely eyeing the natural gas market, where prices experienced a significant surge on Monday.
Universal Music Group Chairman and CEO stated that the music industry’s best bet for success in the face of AI was an artist-centric approach to generative AI.
In response to the initial rejection, Microsoft has introduced a new proposal that both companies have mutually accepted. The terms of this agreement have been adjusted to align with the stipulations of the UK Competition and Markets Authority.
IBM, a pioneer in the field of technology and AI, has been making strategic moves to align with the evolving landscape of artificial intelligence and its impact on the workforce.
Covid vaccine stocks, including Moderna, BioNTech, and Novavax have all closed higher as new vaccinations and treatments roll out.
Arm was acquired by SoftBank in 2016 for $32 billion and expects to return to public trading to compete with other chip designers and manufacturers.
Zoom announced that its Q2 revenue came in at about $1.138 billion, up 3.6 percent YoY.
Both parties will continue to generate revenue from USDC reserves interest income.
Goldman Sachs has endured from losses from trying to cater to the broader market and is now looking to sell its investment advisor.
Despite recording a reduced valuation, JFS remains the third-largest non-banking financial company in India.
Adyen published its slowest growth for a half-year since 2018 and lost $20 billion of its market valuation as shares also fell 39%.