The fitness company has fallen to a small fraction of its value at its pandemic peak, but Peter Stern says Peloton is headed in the right direction.
Category: Company Reports
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Peloton’s Latest Leader Thinks He Can Coach It Back to Health
The New York Times – Business: -
Delta Expects Strong Profit Despite Higher Fuel Costs
The New York Times – Business:The airline said demand for tickets remained very strong despite the effects of the war in Iran.
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For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
The New York Times – Business:American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.
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Boeing Says Wiring Issue Will Delay Some 737 Max Deliveries
The New York Times – Business:The aerospace company said the delay would not prevent it from meeting its 2026 sales goal of about 500 Max jets.
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Blaming Tariffs, Aston Martin to Trim 20% of Its Work Force
The New York Times – Business:The luxury automaker said losses for 2025 had increased from the year before, as tariffs and geopolitical uncertainty take a toll on its operations.
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Home Depot Says Homeowners Are Weary From Economic Pressures
The New York Times – Business:Sales fell at the home-improvement retailer, as homeowners shied away from big-ticket home improvement projects amid worries about housing costs and the job market.
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Walmart Expects Growth Streak to Continue as New Chief Takes Over
The New York Times – Business:Shoppers are turning to Walmart to stretch their dollars, but an uncertain economy and trade tensions will test the retailer’s new executive team.
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Sales at McDonald’s Rise, Driven by Value Meals and Grinch Socks
The New York Times – Business:Profits were up as the fast-food giant focused on price-conscious customers. But the company said it would cut back on financial support for franchisees.
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New Kraft Heinz CEO Says Food Company Won’t Split, for Now
The New York Times – Business:The company’s new C.E.O. said he saw opportunities to fix and grow the food giant — and cut prices for consumers.
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Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall
The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.
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Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.
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Tesla Profit Slumps, but Investors May Not Care
The electric vehicle maker’s shares are near record highs as Wall Street focuses on the company’s plans for robots and self-driving cars.