Tag: Sports Equipment

Affirm beats on revenue, sees early recovery in travel spending

Affirm Holdings Inc. topped revenue expectations Monday afternoon while delivering an optimistic forecast for the current quarter. The buy-now-pay-later company posted a fiscal third-quarter net loss of $247.2 million, or $1.06 a share, compared with a loss of $85.6 million, or $1.80 a share, in the year-earlier quarter. The company’s loss figure reflects an increase […]

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Peloton stock triggers bearish head-and-shoulders pattern as BofA analyst says stop buying

Shares of Peloton Interactive Inc. fell again Thursday toward an eight-month low ahead of the at-home-fitness company’s fiscal third-quarter results, but the technical damage may have already been done with the formation of a bearish head-and-shoulders chart pattern. Peloton’s stock PTON, +0.04% was down 0.5% in afternoon trading, reversing an earlier intraday gain of as […]

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Porsche is now making electric bicycles, and they’re not cheap

Would you love to have sleek Porsche POAHY, -2.90%  in your garage – especially an electric one like the sumptuous Taycan – but don’t quite have the roughly six figures it takes to buy one? Well, how about a bike? As in a bicycle. More specifically, a Porsche bicycle – and an electric one at that. Good news, […]

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