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Peloton shares soar, private equity firms consider potential buyout: report

A number of private equity firms are considering acquiring Peloton, as the connected fitness company looks to refinance its debt and return to growth after 13 consecutive quarters of losses. CNBC reported on Tuesday. Shares of the fitness equipment maker rose 12% to $3.98. The New York-based company is considering going private and has been […]

Global shares rally on rate cut hopes, yen weakens – Yahoo Finance

Written by Herbert Rush and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global stock markets rebounded on Monday on optimism that major central banks will cut interest rates this year, while the yen, which soared last week amid allegations of Japanese currency interference, fell against the dollar. . A weaker-than-expected U.S. labor market report on Friday […]

Bridget Moynahan shares curious post after ex Tom Brady’s roast 

Bridget Moynahan posted an interesting message about her “loyal” on social media on Monday, hours after her ex-boyfriend Tom Brady was brutally abused on Netflix in the aftermath of their highly publicized breakup. . The Instagram message was reshared by former wrestler Gail Kim Irvine, who wrote, “Loyal people take things more personal because they […]

Tyson Foods’ shares tumble 9% as inflation crimps meat demand

Meat processing giant Tyson’s stock price plunged more than 9% after the company said persistent inflation reduced consumer appetite for beef, pork and chicken purchases, weighing on second-quarter profits. It was the worst day for stocks since August. Melanie Bouldin, head of Tyson’s prepared foods business, said lingering inflation, which has kept interest rates at […]

Elon Musk says Warren Buffett should put money in Tesla shares

Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Elon Musk appeared to give investment advice to Berkshire Hathaway CEO Warren Buffett on Sunday, telling him to buy Tesla stock. “He should get a position at Tesla,” Musk said in a post on X. “It’s an obvious move.” […]