U.S. Markets open in 56 mins

  • S&P Futures

    3,902.00
    +4.25 (+0.11%)
     

  • Dow Futures

    31,241.00
    +39.00 (+0.12%)
     

  • Nasdaq Futures

    11,838.00
    -40.25 (-0.34%)
     

  • Russell 2000 Futures

    1,771.50
    -3.40 (-0.19%)
     

  • Crude Oil

    110.35
    +0.46 (+0.42%)
     

  • Gold

    1,845.10
    +3.90 (+0.21%)
     

  • Silver

    21.87
    -0.03 (-0.13%)
     

  • EUR/USD

    1.0562
    -0.0026 (-0.2429%)
     

  • 10-Yr Bond

    2.7870
    -0.0680 (-2.38%)
     

  • Vix

    29.43
    +0.08 (+0.27%)
     

  • GBP/USD

    1.2495
    +0.0020 (+0.1587%)
     

  • USD/JPY

    127.8500
    +0.0560 (+0.0438%)
     

  • BTC-USD

    28,990.86
    -426.79 (-1.45%)
     

  • CMC Crypto 200

    650.34
    -23.03 (-3.42%)
     

  • FTSE 100

    7,389.98
    +87.24 (+1.19%)
     

  • Nikkei 225

    26,739.03
    +336.19 (+1.27%)
     
WEF 2022:

Yahoo Finance is in Davos! Get the latest updates here

Why Peloton Investors Are Smiling Today

Rich Smith, The Motley Fool
·2 min read
Why Peloton Investors Are Smiling Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • PTON

Yesterday, as you recall, shares of exercise bicycle maker Peloton Interactive (NASDAQ: PTON) sold off hard on media reports of a planned production shutdown, ultimately ending the day 24% lower than they began it. After close of trading, however, Peloton had some modestly positive news to report -- an earnings preannouncement -- and today, that news is helping Peloton to evade the continuing stock market meltdown and even bounce back a bit. As of 10:10 a.m. ET, Peloton stock is up 3.8%.

Continue reading

Recommended Stories

  • Why Shares of GameStop Are Surging Today

    Shares of the video game retailer GameStop (NYSE: GME) had popped nearly 26% as of 1:37 p.m. ET today as excitement over a potential short squeeze rose on social media. GameStop is the pioneer of the meme-stock movement that took 2021 by storm, so the stock is heavily susceptible to big random moves up and down. Today, it looks like interest in the stock on social media is building, as short interest has risen to the highest it's been in more than a year, according to analytics company Ortex.

  • Don’t get sucker-punched by capital gains taxes when you sell your home

    Longtime homeowners and those whose property value has skyrocketed could be in for a particularly nasty surprise. Here are some ways to reduce the tax bill.

  • Nvidia stock falls after missing on second-quarter guidance

    Yahoo Finance's Jared Blikre examines Nvidia's Q1 earnings report and its stock movements in comparison to the rest of the semiconductor industry.

  • Broadcom’s VMware Takeover Is Finally Official. Why the Stock Market Is Unenthused.

    Broadcom said Thursday it reached a deal to buy cloud-computing company VMware for about $61 billion. It would take second place behind Microsoft ( MSFT ) announced acquisition of Activision Blizzard ( ATVI ), which at nearly $70 billion would break records as one of the largest tech acquisitions. Broadcom (ticker: AVGO) stock was down 1.8% in premarket trading, and VMware (VMW) gained 1% to $121.71.

  • What to Do When a Bear Market Whacks Your 401(k)

    When the markets take a dive, your retirement savings could drop with them. Here is a four-step plan to beat the bear.

  • Costco set to report Q3 earnings on Thursday afternoon

    Yahoo Finance Live's Seana Smith looks at Costco shares ahead of the retailer's earnings report coming out tomorrow.

  • Dividend stocks have trounced the market this year. Here are 15 high-yield stocks expected to raise payouts the most through 2024

    DEEP DIVE The stock market, shocked by the Federal Reserve’s policy changes to fight inflation, has been gored this year, with growth and technology companies bearing the brunt of the biggest declines.

  • NYSE Vice Chair: ‘Markets have their ups and downs’

    Yahoo Finance Editor-at-Large Brian Sozzi is joined by NYSE Vice Chmn. & Chief Commercial Officer, John Tuttle at the 2022 World Economic Forum in Davos, Switzerland as they discuss the forum and the state of the market.

  • Alibaba Sales Beat as Consumption Holds Up During Lockdowns

    (Bloomberg) -- Alibaba Group Holding Ltd. reported a better-than-expected 9% rise in revenue after Chinese consumers turned to online malls for basic needs during Covid lockdowns across the country.Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearRare Ship-to-Ship Transfers Keep Oil Moving From Russia to ChinaBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackThese Are the Best — and Worst — Cities for Work-Life BalanceWhy So Few Big Rats Have Fled P

  • J.P. Morgan Makes 2 Bottom-Fishing Bets for Over 90% Upside Potential

    Stock markets have been bearing the brunt of multiple headwinds in recent months. Persistently high inflation, slowing GDP growth, and a jobs market that, while expanding in absolute terms, is still down from pre-pandemic levels are feeding fears that we’re facing a round of ‘70’s-style stagflation. And these have combined with geopolitical factors – the Russia-Ukraine war, the resumption of severe lockdown policies in China – to ratchet up worries about recession in the near term. It’s a tradin

  • After selling down Tesla position, Cathie Wood buys the dip

    Elon Musk-led electric-vehicle giant Tesla has slipped to third place among largest holdings in ARK Invest’s flagship exchange-traded fund, falling behind Roku and Zoom after the company lost its top spot last week.

  • Want $1 Million in Retirement? Invest $50,000 in These 3 Stocks and Wait a Decade

    The stock market could help you retire as a millionaire if you pick the right companies and hold them in your portfolio for a long time, as doing so will help you gain from the power of compounding and evolving trends in various industries. For instance, a $50,000 investment in Amazon a decade ago is worth about $500,000 now thanks to the stock's nearly 900% gains over the past decade, and that's after accounting for the steep drop in the e-commerce giant's stock price in recent months. Amazon, however, is not the only company that has generated solid returns for investors over the past decade.

  • Why Range Resources, Southwestern Energy, and NextDecade Stocks Jumped Double Digits on Wednesday

    Wednesday was yet another strong day for oil and gas stocks, but shares of natural gas companies stood out, with many soaring by double-digit percentages. Range Resources is a Texas-based natural gas exploration and production company with major operations in the Marcellus shale in Pennsylvania. The company also produces natural gas liquids and crude oil, but almost 70% of its production is natural gas.

  • 2 “Strong Buy” Stocks Under $10 That Are Too Cheap to Ignore

    The current market conditions – the NASDAQ is down 28% year-to-date, and the S&P 500 is down 17% – offer bargain hunters a target-rich environment. Plenty of sound stocks have seen their prices decline, pulled down by the general market headwinds and the overall stock trend, to levels that have left them too cheap to ignore. At this level, investors can find the benefits of cheap stocks, like those under $10, which offer both learning opportunities and huge upside potential. However, in evaluati

  • Nvidia Stock Sank in After-Hours Trading Today -- Here's Why the Stock Could Be a Solid Buy

    The semiconductor titan is dealing with some near-term macroeconomic challenges, but its long-term future remains bright.

  • Royal Bank of Canada declares dividends

    Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of eight cents or seven per cent, to $1.28 per share, payable on and after August 24, 2022, to common shareholders of record at the close of business on July 26, 2022.

  • Macy’s Posts an Earnings Beat and Raises Guidance. The Stock Spikes.

    Macy’s earns an adjusted profit of $1.08 a share in the quarter, well above the 39 cents in the year-ago period, on revenue of $5.35 billion.

  • Twitter Investors Deal a Big and Humiliating Blow to Musk

    Twitter did not provide any details about the proposed takeover offer from billionaire Elon Musk at its annual shareholder meeting.

  • Why Apple Stock Could Keep Falling

    Apple (NASDAQ: AAPL) has remained resilient through much of the market's turbulence over the past year. Apple's revenue growth has fluctuated over the years. You can see in the chart below that Apple's coming off a period of elevated revenue growth.

  • ‘A pyramid scheme,’ ‘worth nothing,’ ‘not reliable’: Crypto is being savaged at Davos by critics. Here’s a list of who said what

    Financial officials described cryptocurrencies as unreliable and worthless, with one even comparing them to pyramid schemes.