Peloton Interactive Inc

Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey.Michael Loccisano | Getty ImagesThe fitness industry appears headed for a strong holiday season, but not everyone will see a boost.The category has been on a rollercoaster for more than two years, with the Covid pandemic shifting workout routines and minting new sector winners. Now inflationary pressures and a post-lockdown reset look poised to benefit traditional gyms and trade-down options — threatening connected at-home fitness…

Check out the companies making headlines before the bell:Tesla (TSLA) – SEC filings show CEO Elon Musk sold nearly $4 billion in Tesla shares in the days following his purchase of Twitter. Tesla shares added 1.5% in the premarket.Meta Platforms (META) – The Facebook parent's shares rallied 4.3% in premarket trading after the company announced it was laying off 13% of its workforce, or more than 11,000 workers.DR Horton (DHI) – The home builder's stock slid 3.1% in the premarket after it missed top and bottom line…

Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue.The company's shares gained 8% Thursday. Peloton's stock has dropped about 75% so far this year.Here's how the fitness device maker performed compared with Wall Street estimates, according to Refinitiv.Loss per share: $1.20 vs. 64 cents, expectedRevenue: $616.5 million vs. $650.1 million, expected.Revenue fell 23% compared with the same period last…

Check out the companies making headlines in midday trading Thursday.Under Armour — Shares of the athletic apparel maker jumped 11.6% after the company reported better-than-expected earnings for its latest quarter, along with revenue that was roughly in line with Wall Street forecasts.Etsy — Shares of the e-commerce platform jumped 12.8% after the company posted third-quarter results that beat expectations. The platform also reported having more active buyers and sellers than estimated by StreetAccount.Zillow — The stock…

Some of Caraway's pots and pans are now sold by Target stores. About 350 of the big-box retailer's locations are carrying the products in time for the holidays.Courtesy of CarawayOnline cookware company Caraway is making its biggest push yet into brick-and-mortar stores, with its pots and pans debuting in 350 Target stores this week.Target will become the largest retailer to sell the brand in stores. Select Caraway products also are sold in 80 Crate & Barrel stores, 80 Bed Bath & Beyond stores and 20 Nordstrom…

A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Getty ImagesPeloton's Chief People Officer Shari Eaton is leaving the company for another opportunity, she announced in a LinkedIn post Tuesday.Eaton's departure is the latest in a series of executive changes at Peloton. Former CEO John Foley left his board chair position alongside fellow co-founder and Chief Legal Officer Hisao Kushi in mid-September. Head…

Liza Lecher works out on her Peloton Tread+ treadmill on May 24, 2021 in Williamstown, New Jersey.Michael Loccisano | Getty ImagesPeloton agreed to extend a refund period for its recalled Tread+ for another year, the company and the U.S. Consumer Product Safety Commission jointly announced Tuesday.The refund period was extended to Nov. 6, 2023, as Pelton continues to work on a fix. Consumers have until them to request a refund or take the company's offer to move the Tread to another room in the house. Customers returning…

A worker delivers Amazon packages in San Francisco, California, US, on Wednesday, Oct. 5, 2022. Amazon's Prime Early Access Sale is on through Oct. 12 to boost sales among cost-conscious consumers who are expected to start their holiday shopping even earlier this year.Bloomberg | Bloomberg | Getty ImagesAmazon shoppers appear to have shrugged off promotions for discounted phone chargers and air fryers during this week's Prime Day-like sales bonanza.The 48-hour event, dubbed the Prime Early Access sale, ran through…

Peloton is cutting another 500 jobs in a move that CEO Barry McCarthy said should position the struggling fitness equipment maker to return to growth.The cuts, which amount to about 12% of Peloton's workforce, mark a pivot point for the company, McCarthy told CNBC on Thursday. Peloton already has had multiple rounds of layoffs this year."The restructuring is done with today's announcement," he said. "Now we're focused on growth."McCarthy said the company now has to prove its recent spate of strategy changes, including…

A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022.Patrick T. Fallon | AFP | Getty ImagesCheck out the companies making the biggest moves midday Monday:Credit Suisse — Shares of Credit Suisse rose 1.7%, reversing an earlier slump that sent the stock to a record low, after the bank over the weekend made a series of calls to calm investor fears about its financial health. In addition, the cost to insure the bank's debt against default jumped to a new high.related investing newsCloud…