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Peloton Interactive Inc

Stock futures are slightly higher after S&P 500 falls to its lowest level in more than a year

U.S. stock futures are slightly higher on Monday night after the S&P 500 fell to its lowest point in more than a year.Dow Jones Industrial Average futures rose by 65 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.2% and 0.2%, respectively. Shares of AMC and Novavax made major moves after hours on the back of their most recent quarterly reports.Earlier in the day, the S&P 500 dropped below the 4,000 level to mark the index's weakest point since March 2021. The broad market index fell as low as…

What Wall Street expects Tuesday

A woman walks in front of a Peloton store in Manhattan on May 05, 2021 in New York.John Smith | VIEW press | Corbis News | Getty ImagesAnalysts and investors are eager to get to know Peloton Chief Executive Officer Barry McCarthy and have him articulate his vision for the company's future. He will have the opportunity to introduce himself to Wall Street on Tuesday.The former Netflix and Spotify executive has been leading the connected fitness equipment maker for roughly three months since he assumed the role from the…

Under Armour, Cigna, DraftKings and others

Check out the companies making headlines before the bell:Under Armour (UAA) – The athletic apparel maker posted an adjusted loss of 1 cent per share in the company's transition quarter, compared with a profit estimate of 6 cents per share. The company is changing its fiscal year, with the first quarter of fiscal 2023 beginning April 1. Under Armour also issued a weaker-than-expected outlook for its full-year profit as it absorbs the impact of higher costs and supply chain disruptions. Under Armour plunged 12.5% in…

Peloton shares hit all-time low as pressure mounts ahead of earnings

In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen.Rafael Henrique | LightRocket | Getty ImagesPeloton Interactive shares tumbled to an all-time low Friday as investors lose hope that the connected fitness equipment maker can turn itself around and post a profit, even under a new chief executive officer.The stock at one point dropped more than 13%, amid a broader sell-off, to touch an all-time low of $14.70. That's also well below Peloton's IPO price of $29. Shares later recouped…

Peloton, Under Armour, Monster Beverage and more

A Peloton exercise bike is seen after the ringing of the opening bell for the company's IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019.Shannon Stapleton | ReutersCheck out the companies making headlines in midday trading Friday.Peloton — Shares of Peloton dropped 7.7% after The Wall Street Journal reported the at-home fitness company is looking for potential investors to take a minority stake in it in the realm of 15% to 20%. The company has struggled with post-pandemic demand on top of…

Own solid names and have cash for market bounce

CNBC's Jim Cramer said Friday that enduring the current market is a waiting game for a rally — and investors need to be prepared for when that happens."Your portfolio should be split among some cash and some stocks that can thrive in a recession. … You need to accept the fact that we're simply trying to stay in the game until times get better," the "Mad Money" host said. "But when we do reach the promised land, it'll be worth it, because that's when stocks come roaring back," he added.The market concluded a bumpy week of…

Tech sell-off pushes Nasdaq to steepest drop since June 2020

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021.David Ryder | Bloomberg | Getty ImagesCloud companies, e-retailers and household tech names got hammered on Thursday, wiping out hundreds of billions of dollars in market value and pushing the Nasdaq Composite to its worst one-day plunge since June 2020.A day after the Federal Reserve raised its benchmark interest rate by a half point in a bid to stem rising inflation, investors sold out of the part of the market that's generally viewed as…