Peloton Interactive (NASDAQ: PTON) is on its last legs. The connected fitness equipment maker is launching its third round of layoffs, letting nearly 800 people go. Peloton is not running in place, but rather running itself into the ground.
Peloton (PTON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
(Bloomberg) -- Investors who bet against Netflix Inc. in recent months might now be licking their wounds. Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysCovid’s Harmful Effects on the Brain Reverberate Years LaterBiden Called Cheney After Her Loss to Trump-Backed ChallengerBiden's Next Grand Bargain Could Retire TrumpShares of the streaming giant have surged about 50% from their May low, buoye