Latest news with #Peloton
Business Insider
3 days ago
- Business
- Business Insider
UnitedHealth suspends outlook, Under Armour reports Q4 beat; Morning Buzz
The S&P 500 was higher near noon amid renewed optimism over a temporary trade agreement between the U.S. and China. The Dow Jones Industrial Index was the only major index in the red, as it was dragged down by UnitedHealth after news of a CEO change and a suspension of guidance amid rising medical costs. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Looking to commodities, the price of gold was fractionally higher, rebounding somewhat from recent losses. Oil prices were sharply higher again, continuing the commodity's recent rally after a dismal April. Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: 2. WALL STREET CALLS: Peloton (PTON) upgraded at Macquarie, here's why Monness Crespi upgraded Coinbase (COIN) with Q2 guidance looking 'conservative' Caterpillar (CAT) upgraded to Outperform from Neutral at Baird Barclays double downgraded Enphase Energy (ENPH) to Underweight from Overweight while the stock was also downgraded to Underperform at BNP Paribas Exane and BMO Capital Halozyme (HALO) and J&J (JNJ) had their ratings cut following CMS draft guidance 3. AROUND THE WEB: 5. EARNINGS/GUIDANCE: Honda (HMC) reported FY25 results and provided guidance for FY26 Y-mAbs (YMAB) reported Q1 results, with EPS and revenue beating consensus Bayer (BAYRY) reported Q1 results and confirmed its outlook for 2025 Tencent Music (TME) reported Q1 results, with Executive Chairman Cussion Pang commenting, 'Our strong first-quarter performance… underscores the successful execution of our high-quality growth strategy' (JD) reported Q1 results, with CEO Sandy Xu commenting, 'We saw a strong start to the year' INDEXES: Near midday, the Dow was down 0.36%, or 152.95, to 42,257.15, the Nasdaq was up 1.56%, or 292.34, to 19,000.69, and the S&P 500 was up 0.81%, or 47.09, to 5,891.28.
Yahoo
3 days ago
- Entertainment
- Yahoo
In Season 3, 'And Just Like That' Finally Comes Into Its Own
From left: Sarah Jessica Parker, Kristin Davis, and Cynthia Nixon in And Just Like That Season 3 Credit - Craig Blankenhorn—Max Carrie Bradshaw never stops starting over. After the original Sex and the City series ended with Sarah Jessica Parker's polarizing sex-columnist heroine rejoicing in her soulmate Mr. Big's (Chris Noth) long-awaited declaration of love, 2008's follow-up movie had him leave her at the altar so she could cry it out with her best girlfriends on what was supposed to be the couple's honeymoon. The bloated SATC feature ended with Carrie and Big's reconciliation; though their City Hall wedding stuck, an atrocious sequel film teased marital malaise before sending the ladies to Abu Dhabi for some lighthearted cultural appropriation. Which left Max's revival, And Just Like That, with little choice but to upend Carrie's life again: RIP Big, done in by his Peloton. The show's second season finale offered yet another ending. Carrie hosted a 'Last Supper,' gathering AJLT's unwieldy cast of characters for a dinner-party farewell to her iconic single-girl apartment, and had everyone pledge to let go of something in their life that was holding them back. For her part, Carrie released 'expectations.' Including the expectation that her rekindled romance with Aidan (John Corbett) would proceed in typical fashion. He put the relationship on pause for five years, to concentrate on parenting his problem child, Wyatt (Logan Souza), in Virginia. And she let him, laying groundwork for the surprisingly effective reset that is Season 3, which premieres May 29 on Max. In shedding so much of the clutter it, like Carrie's studio, had been accumulating since the 20th century, AJLT finally feels less like an SATC hangover and more like its own preposterous yet generally fun thing. Crucial to this rebirth is an overdue pruning of the cast. In a laudable but clumsily executed effort to make AJLT less straight and white than its predecessor, the first season conspicuously paired each of its three returning leads with a new woman-of-color friend. Carrie got Sarita Choudhury's glam, no-nonsense real estate queen, Seema. Charlotte York-Goldenblatt (Kristin Davis) made a mom friend in documentarian Lisa Todd Wexley (Nicole Ari Parker). Retraining in human-rights law, Miranda Hobbes (Cynthia Nixon) awkwardly won over her professor, Dr. Nya Wallace (Karen Pittman). And when Miranda burst out of the closet, crushing her nebbishy husband, Steve (David Eigenberg), the nonbinary comedian and meme-in-the-making Che Diaz (Sara Ramirez) was waiting with open arms. The SATC women's for-some-reason-married (blame SATC 2) gay best friends, Stanford Blatch (Willie Garson) and Anthony Marentino (Mario Cantone) were also getting more screentime. Meanwhile, the show was haunted by the specters of Big (who was even cut from flashbacks after two women accused Noth of sexual assault, which he has denied) and Samantha Jones, the spectacularly promiscuous fourth lead, who was shipped off unseen to London when Kim Cattrall declined to reprise the role. It was too many characters to juggle, especially when AJLT creator and SATC alum Michael Patrick King spent so much time marinating in Carrie's residual grief and circular love life. Whether they were part of his plan or not, the cast departures that have happened since are for the best, with the tragic exception of Garson's death in 2021. A distraction from the start, Che had little reason to linger after her Season 2 breakup with Miranda; when Ramirez's exit was announced last year, amid reports of behind-the-scenes drama, it was a relief. Smart, grounded, and self-possessed (not to mention the closest AJLT got to middle-class representation), Pittman's Nya made more sense as part of the ensemble. But with Miranda out of school—and Pittman doing great work in the sublime Forever—her absence from Season 3 works. Carrie's ghosts must have stayed behind at the old apartment. As she readies her palatial new Gramercy home for Aidan's eventual cohabitation and tries not to pine too hard for Aidan—who doesn't even want her to text him when they're apart (no, I'm still not sold on this storyline)—it's as if Big never existed. On the spike heels of Cattrall's overhyped, split-second appearance, speaking to Parker by phone in the Season 2 finale, AJLT seems to have Samantha out of its system, too. Her presence in the six Season 3 episodes sent for review is limited to a text message or two. After cleaning out the cast list and the walk-in closet of people from Carrie's past, King emerges with a fresher, more balanced and focused show that has come a long way from the SATC nostalgia act of Season 1. With just five women to follow, Seema's and Lisa's storylines finally get as much weight as Charlotte's and Miranda's. LTW has the PBS greenlight on a passion project she's been laboring over for years; if only her husband's comptroller campaign and a pesky work crush weren't threatening to derail her. Though her season begins with a weirdly abrupt twist, Seema is soon thrown into a juicy professional crisis of her own when her business partner suddenly retires and sells his shares to Ryan Serhant (yes, the Million Dollar Listing/Owning Manhattan guy; yes, he appears as himself; and yes, this does feel like human product placement). Choudhury's performance might be AJLT's single best reason for existing, and her increased presence this season makes it better with every imperious line reading. Not that this is never going to be a great show, much less an important one like SATC, for all its flaws. Despite its popularity, AJLT wouldn't recognize the zeitgeist if it knocked on the antique door of Carrie's Victorian townhouse begging her to vote. It's still a fluffy, head-in-the-sand, rich-lady fantasy. The teenage characters seem to have been written by people who haven't talked to an actual teen since they were teens. Carrie remains the absolute worst; an episode that has her fuming over her (distinguished British author) downstairs neighbor's request that she stop stomping on his ceiling in heels made me apoplectic. And I don't think there's enough substance—or chemistry—in her relationship with Aidan to justify the outsize attention it gets. But even as it's earnestly improving, learning to integrate the indignities and health scares of late middle age without tanking the mood, AJLT is having more, better fun with its inherent absurdity. Who wouldn't want to see Miranda get obsessed with a trashy dating show called Bi Bingo or hook up with guest star Rosie O'Donnell, whose character's backstory is sure to make jaws everywhere drop? Charlotte getting into dog-park confrontations ('I feel like the mother from The Bad Seed!') and stalking a college-admissions guru named Lois 'The Finger' Fingerhead, played by a prepped-out Kristen Schaal? Yes, please! Scenery-chomping appearances by Jenifer Lewis and Cheri Oteri? Bring 'em on! In what might be the season's goofiest development, I regret to inform you that Carrie has begun work on her first novel, a historical romance that sounds like ChatGPT's attempt to rewrite her diary as if she were living in the 19th century—the literary equivalent of a sepia-toned novelty photo. ('The woman had survived the treacherous journey mostly intact.') It's dreadful. And yet, as with so many of AJLT's most ludicrous storylines, I am here for it. Contact us at letters@
New York Post
4 days ago
- Business
- New York Post
Spin and save with $300 off the Original Peloton Bike this week on Amazon
New York Post may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. It's tough to work out in the summer. Sure, it sounds nice and all: getting outside and running in the park. But that's before you consider the crowds, the heat, and the humidity. Soon enough, you'll be longing for the winter months, or for some at-home alternative to get your reps in. Enter: the Original Peloton Bike, available for $300 off this week on Amazon. Featuring live and on-demand classes, this Peloton ensures versatile workouts tailored to your schedule. With a supportive community and precise performance tracking, it's a long-term investment in health and motivation, promising both physical and mental well-being. And it's over 20% off this week on Amazon. Amazon The Original Peloton Bike revolutionized home fitness with its sleek design, immersive touchscreen, and live-streamed spin classes. It offers a high-energy workout experience led by elite instructors, fostering motivation and community. Adjustable resistance and real-time metrics enhance training. Ideal for cycling enthusiasts and beginners alike, the Peloton Bike brings studio-quality rides directly into the comfort of your home. Best of all? It's available for over 20% off this week on Amazon. This article was written by P.J. McCormick, New York Post Commerce Deals Writer/Reporter. P.J. is an expert deal-finder, sifting through endless brands and retailers to deliver only the best savings opportunities on truly worthwhile products. P.J. finds Prime Day-worthy deals all year long on some of our favorite products we've tested and our readers' beloved best-sellers, from Wayfair furniture sales to the lowest prices on Apple AirPods. P.J. has been scouring sales for Post Wanted shoppers since 2022 and previously held positions at Rolling Stone, Pitchfork and Hyperallergic. Please note that deals can expire, and all prices are subject to change. Looking for a headline-worthy haul? Keep shopping Post Wanted.
Yahoo
4 days ago
- Business
- Yahoo
Citi Cuts Peloton (PTON) Price Target, Reiterates Neutral Rating
On May 27, Citi analyst Ronald Josey cut Peloton Interactive, Inc.'s (NASDAQ:PTON) price target to $8.50 from $10 and maintained a Neutral rating on the stock. The adjustment comes on the exercise equipment company delivering mixed third-quarter fiscal 2025 results. While sales fell 13.1% year-over-year to $624 million, they beat analysts' estimates of $621.5 million. The company posted adjusted earnings of $89.4 million, better than the expected $80.37 million. A woman reading and analyzing stock market data. Photo by Artem Podrez on Pexels Josey's Neutral stance also comes on Peloton lifting its revenue guidance for the year to $2.46 billion. The new revenue guidance reflects the expectation of favorable subscription revenue driven by higher paid connected fitness subscription management. It also expects EBITDA of $340 million, below analyst estimates of $345 million, as the free cash flow margin is expected to improve to 15.2% from 1.2% last year. Citi also remains optimistic about Peloton's prospects on churn rates declining by 0.2% to 1.2%. The improvement comes from customers reacting positively to new product offerings such as Strength modalities. In addition, the company is benefiting from the new CEO's strategic objective, which focuses on accelerating growth and cutting costs. Peloton remains focused on acquiring new members cost-effectively, as depicted by advertising and marketing spending decreasing 46% year-over-year in fiscal Q3. The company expects Ending Paid Connected Fitness Subscriptions to range between 2.77 and 2.79 million in FY25, reflecting a ten thousand increase at the midpoint. Peloton Interactive, Inc. provides Members with world-class equipment, ground-breaking software, expert human instruction, and the world's most supportive fitness community. It offers connected fitness products, including Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names through e-commerce and inside sales, retail showrooms. While we acknowledge the potential of Peloton Interactive, Inc. (NASDAQ:PTON) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PTON and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
If You Buy This Beaten-Down Stock Right Now, Will You Become a Millionaire by 2035?
Peloton deserves credit for drastically cutting expenses to minimize net losses. Shares have surged, but management is still struggling to grow subscribers and revenue. Although the current price-to-sales multiple is cheap, the company remains a very risky play. 10 stocks we like better than Peloton Interactive › There's no denying the ultimate goal of investors: to buy stocks that can help them generate huge wealth over time. In fact, some might even want their investments to get them to a seven-figure net worth. Maybe Peloton Interactive (NASDAQ: PTON) has a chance to do that. As of this writing, shares of this once-booming consumer-facing enterprise trade 96% below their peak from January 2021 even though they have soared 120% in the past 12 months. If you buy this stock now, could you become a millionaire by 2035? Once on top of the world, Peloton has come crashing back down to Earth. One reason the market has soured on the stock is because the company has struggled to achieve profitability. Its net loss surged to an alarming $2.8 billion in fiscal 2022. However, Peloton is making progress when it comes to the bottom line, thanks to an intense focus on operational discipline. In Q3 2025 (ended March 31), the net loss totaled $48 million, down from a net loss of $167 million in the year-ago period. The company is ahead of schedule in hitting its goal of finding $200 million in yearly run-rate cost savings. The market must be rewarding the company for steadily fixing its financial picture, as evidenced by the share price more than doubling in 12 months. Cleaning up the balance sheet helps. As of March 31, Peloton carried $585 million of net debt on the books, down 35% year over year. Generating sustainable profits will still be a challenge. A business can only reduce its expense so much. But management is optimistic. "We are focused on continuing to right-size our cost structure and de-risk our balance sheet," CEO Peter Stern said in the Q3 2025 press release. "These efforts will drive profitability and free cash flow." Time will ultimately tell. During the depths of the pandemic, Peloton was registering monster demand from consumers looking for ways to work out from the comfort of their homes. These days, the interest has fallen off a cliff. Peloton has a demand problem, which is that, despite the leadership team highlighting superb Net Promotor Scores of above 70 for its cardio products (considered excellent), revenue in Q3 came in at $624 million, representing a year-over-year dip of 13%. This figure is half the number from the same period just four years ago. Even worse, the amount of connected-fitness subscribers and paid digital app subscribers fell from Q3 2024. Peloton's monster rise and troubling fall point to how difficult it is to achieve lasting success in the fitness industry. Consumers seem to always be enamored with the shiny new object, which can be a short-lived fad. And it's challenging for companies that are betting on these people sticking to their exercise plans. With the S&P 500 still not far from its all-time high, it's understandable if some investors are salivating at how beaten down Peloton shares are. After all, they are trading at a dirt cheap price-to-sales ratio of 1.1. This indicates that the market remains pessimistic about the business and its outlook. For what it's worth, this multiple is 94% below the peak valuation achieved in January 2021. What's more, Peloton's current market capitalization of $2.9 billion pales in comparison to the $49.3 billion it once had. The stock's performance in the past 12 months might have some investors bullish that the good times can continue. But from a purely fundamental perspective, it's extremely difficult to have a positive view. The valuation might be too hard to ignore. However, I believe Peloton stock is a value trap that has a slim chance of turning investors into millionaires in the next decade. Before you buy stock in Peloton Interactive, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Peloton Interactive wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy. If You Buy This Beaten-Down Stock Right Now, Will You Become a Millionaire by 2035? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
