Peloton announced that it has appointed Peter Stern as CEO and president to pedal the company out of its prolonged post-pandemic slump.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Peloton reported sales growth of 0.2% in the latest quarter, its first quarter of year-over-year revenue growth since late 2021.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.
In Las Vegas, AI took center stage – and with it, Nvidia.
In a concentrated market, who’s responsible for responsible AI?