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.
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
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.
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.
As wage expectations surge to unprecedented heights, economists and policymakers keep a vigilant eye on the broader implications for inflation and monetary policy.
Meanwhile, investors are closely eyeing the natural gas market, where prices experienced a significant surge on Monday.
Although unknown, many believe the Bitcoin wallet may belong to a major crypto exchange moving money around, or asset manager Blackrock Inc.
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.
The higher mortgage rates serve to make the supply situation worse as homeowners are unwilling to list their properties as most of them have rates around or below 3%.
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.
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%.
The US Trustee had initially flagged concerns about disparities within the previous motion.
The latest data from CoinMarketCap has indicated an unsettling calm in BTC/USD trading over the weekend, with the market experiencing an 11% decline in a span of just seven days.