Peloton posts loss, slashes its full-year revenue outlook as founder steps down from CEO post
Peloton on Tuesday slashed its financial outlook for the full year as the company announced CEO John Foley will be stepping down.
Peloton on Tuesday slashed its financial outlook for the full year as the company announced CEO John Foley will be stepping down.
Lyft reported 18.73 million active riders in the last quarter of 2021.
Deliveries of Boeing's 787 Dreamliner plane have been paused for most of the last 15 months.
Azure cloud growth slowed below the 50% mark again even as Microsoft's customers enter longer-term contracts. Windows license revenue jumped 25%.
J&J's revenue of $24.8 billion rose 10.4%, mostly driven by $1.82 billion in international sales of its Covid vaccine.
IBM's revenue growth accelerated, and the company's net income jumped in the quarter after the spinout of a major part of its business.
The bank's CFO issued guidance Friday, saying he expected "headwinds" of higher expenses and moderating Wall Street revenue to cause returns to dip.
The fourth biggest U.S. bank by assets posted quarterly revenue that exceeded analysts' expectations.
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