Peloton rode the stay-at-home wave. Now, its CEO is stepping down and rumors of a buyout are spinning fast. Can Peloton backpedal out of its own mess? Peloton PTON shares continued to slide in Tuesday Read more…
On Monday, Bitcoin rose 5.5%, ending the day around $44,100. Ethereum added 5%, and other leading altcoins from the top ten also showed growing dynamics: from 4% (Solana) to 18.5% (XRP). The total capitalization of Read more…
Wall Street is looking at a muted open Tuesday as investors pick through another series of December quarter earnings will focusing on the release of January inflation data later this week. U.S. equity futures edged Read more…
It has been a quiet start to the week for the New Zealand dollar. This week’s economic calendar is light, with no New Zealand data on Tuesday. We could see NZD/USD show some movement on Read more…
Pelton CEO will step down after the group posted a $266.5 million second quarter loss and unveiled a major cost-cutting overhaul many see as a move to make the fitness equipment maker more attractive for Read more…
Pfizer said combined sales of its Covid vaccine and treatment drugs would rise to $54 billion this year, around half of its total projected revenues. Updated at 7:24 am EST Pfizer Inc. (PFE) – Get Read more…
Softbank will retain a pre-paid $1.25 billion breakup fee after the collapse of its planned $40 sale of chip designer Arm Holdings to Nvidia. Nvidia (NVDA) – Get NVIDIA Corporation Report shares slipped lower Tuesday after Read more…
The Wall Street Journal is reporting that CEO John Foley will step down from the company, potentially paving the way for a sale of the connected fitness equipment maker. Peloton (PTON) – Get Peloton Interactive, Read more…
Bond yields climb to fresh highs as inflation and tighter policy fears grip markets Equities nevertheless perk up globally but Wall Street on shaky ground Dollar regains front foot, oil prices pressured by optimism around Read more…
The euro is slightly lower on Tuesday, after little movement on Monday. In the European session, EUR/USD is trading at 1.1409, down 0.28% on the day. It’s a light day on the economic calendar, with Read more…