• Peloton, Beyoncé join forces to offer ‘homecoming’-themed workouts

    Peloton, Beyoncé join forces to offer ‘homecoming’-themed workouts

    Time to get in “Formation” on your Peloton bike. Beyoncé has teamed up with the trendy fitness startup to create a series of themed workouts to honor historically black colleges and
  • Zoom, Peloton shares tumble 15 percent on COVID vaccine news

    Zoom, Peloton shares tumble 15 percent on COVID vaccine news

    Shares of companies that have benefited from the pandemic -- including Zoom, Peloton, Netflix and Amazon --tanked after Pfizer revealed that it is getting closer to a coronavirus vaccine.
  • Peloton revenue surges as pandemic boosts demand for fitness equipment

    Peloton revenue surges as pandemic boosts demand for fitness equipment

    Peloton beat analysts’ estimates for quarterly revenue on Thursday as the exercise bike maker benefited from a 172 percent surge in total revenue, with boosts in subscribers and demand for its fitness products during the coronavirus pandemic. Shares of the company rose 8 percent in extended trading as it forecast full-year revenue above Wall Street …
  • NBCUniversal bags $178M as it cashes in surging Peloton shares

    NBCUniversal bags $178M as it cashes in surging Peloton shares

    NBCUniversal has sold a $178 million stake in stationary-bike company Peloton, whose shares have lately been surging because of the coronavirus crisis. The Comcast-owned broadcaster — an early investor in Peloton, which went public last September — has been looking at its portfolio of investments as it seeks to shore up its cash reserves amid …