slow

Peloton Interactive Inc. PTON -19.53% reported falling quarterly sales and mounting losses and said it recently secured $750 million in financing to help support its turnaround bid. The disclosures come as the once-hot maker of connected-fitness equipment grapples with weaker demand with Americans returning to their prepandemic lifestyles. Shares fell 25% in premarket trading to around $10.50. Before the report, shares were down roughly 50% year to date. The…

STANFORD, Calif.—A former senior Federal Reserve official said it was likely that the central bank would need to raise its benchmark interest rate over the next year to at least 3.5% or to even higher levels that deliberately slow economic growth to bring down inflation. Q&A Breaking Down the U.S. Economic Outlook with Larry Summers Former Treasury…

iPhone users can try clearing cache to make their iPhone run faster. If you are wondering how to clear out iPhone cache, then here are the steps. How long have you been using an iPhone? Has it gone slow? If your iPhone is running slow then there is nothing to worry as you can try to clear cache to make it work faster. Here we reveal steps on how to clear out iPhone cache. It can be known that cache is temporary, fast-access, memory which can be used to store…

Formula 1 drivers have pretty much always complained that safety cars are too slow, meaning they can't keep temperature in their cars' brakes or tires. This year, though, those complaints may be more valid, as the pace disparity between F1's two safety cars is so great that 2021 champion Max Verstappen compared the slower of the two—the Aston Martin Vantage F1 Edition—to one of nature's slowest creatures: The lowly turtle.The reason for Verstappen's complaint becomes eminent on comparison of the Vantage to the…

Amazon made a boatload of money during the first quarter of 2022. But investors, having grown used to Amazon’s rocket-like trajectory during the pandemic, haven’t quite adapted to the fact that it’s no longer accelerating quite so fast. Despite notching $116.4 billion in sales from January through March of this year — up nearly 8 billion year over year — Amazon’s stock took a dive in after-hours trading, falling by about 10 percent before stabilizing a bit higher. The problem wasn’t that Amazon had underperformed in…

Chinese drone maker DJI has confirmed to The Verge that it is halting all shipments of its products to both Russia and Ukraine and will no longer provide aftersales support because it’s worried about its products being used for combat purposes during Russia’s invasion. It’s the first concrete action China’s DJI has taken to address the war after Ukraine Vice Prime Minister Mykhailo Federov accused the company of helping Russia kill Ukrainian civilians in a roundabout fashion (by using DJI’s AeroScope drone detection…