- November 20, 2023
Headed into a holiday-shortened trading week, the CE 100 Index was 4.3% higher as investors snapped up shares and earnings season drew near its close to cap the look back ...
- November 13, 2023
The CE 100 Index added 0.4% in a wild week where double-digit declines and gains were the norm — earnings season continued to dominate the headlines.
Porch Group soared 53.2%, leading the ...
- November 2, 2023
As Peloton has been exploring various strategies in its quest to regain the success it achieved during the pandemic, the story of the brand has been inconsistent.
In the latest quarterly ...
- November 1, 2023
For the third consecutive month, Strava earns the top spot in PYMNTS’ Provider Ranking of Fitness apps.
Planet Fitness claims third place and pushes the rest of the apps down a ...
- October 20, 2023
The NBA and the WNBA are partnering with Peloton to make their NBA League Pass direct-to-consumer (D2C) game subscription streamable via the fitness company’s connected devices, opening up new possibilities ...
- October 19, 2023
Fitness company Peloton is grappling with a decline in engagement, leading to a shrinking user base.
The trend has prompted Bank of America to downgrade Peloton’s rating to “underperform” due to concerns about the ...
- October 3, 2023
Peloton and Lululemon announced a five-year global strategic partnership last week, with the goal of uniting fitness content and athletic apparel to forge a collective community boasting more than 20 ...
- October 2, 2023
The third quarter’s over.
And after a week that saw the CE 100 Index gain 0.4%, the year-to-date gains stand at about 19.4% — significant but trailing the NASDAQ benchmark.
Earnings season ...
- September 29, 2023
Each month, PYMNTS delves into the world of health and fitness tech, assessing related apps based on criteria such as usability, performance, versatility and their potential to transform a user’s ...
- September 27, 2023
Peloton and lululemon have announced a five-year strategic global partnership that aims to bring together fitness content and athletic apparel and create a combined community of over 20 million members ...
- September 25, 2023
Peloton Interactive is reportedly grappling with a decline in revenue and growth forecasts.
UBS analysts, led by Arpine Kocharyan, have revised the fitness equipment and digital media company’s price target from $8 to $4 ...
- September 11, 2023
A holiday-shortened trading week offered no respite for the CE 100 Index, which continued a general downward trend that’s been the hallmark of the last several sessions.
Yet again, all pillars ...
- August 28, 2023
The CE 100 Index gained 0.5% in a week that reversed what felt like a long-standing trend — where all pillars lost ground, time and again.
The Enablers segment gained 2.2%, ...
- August 25, 2023
As the fall season arrives, fit consumers might be in search of apps that emphasize and support their health journeys. PYMNTS Provider Ranking of Fitness Apps is here to help.
The Top 5
Strava comes ...
- August 23, 2023
The state of recalls. That’s what it feels like with Peloton, as on Wednesday (Aug. 23) the company reported a loss that exceeded expectations and a reduction in new quarterly ...
- August 22, 2023
Peloton announced on Tuesday (Aug. 22) a partnership with the University of Michigan to support the fitness of students, athletes and alumni.
The partnership, facilitated by LEARFIELD, a media and technology ...
- August 17, 2023
One of the best ways to grow is to find a new channel.
And targeting small- to medium-sized businesses (SMBs) is emerging as one of the most attractive strategic growth drivers ...
- June 26, 2023
Rumors of deal-making in the online grocery space were not enough to offset declines in shares tied to volatile sectors — including AI.
As a result, The CE 100 Index lost ...
- June 5, 2023
In a week that saw major indices in the U.S. rally on jobs growth and on the seeming resolution of the debt ceiling debate, the CE 100 Index outpaced its ...
- May 23, 2023
Peloton has debuted new membership tiers as it rebrands to focus on exercise, not hardware.
“We’re shifting perceptions from in-home to everywhere, fitness enthusiasts to people at all levels, exclusivity to ...
- May 9, 2023
Affirm Holdings’ latest quarterly results showed double-digit gains in gross merchandise value (GMV), but a pullback in consumer spending in some categories and higher funding costs weighed on shares.
The quarterly ...
- May 9, 2023
Last week PYMNTS reported that Peloton is preparing for a rebranding effort as it expands its knowledge of its customer base and their workout preferences. The company’s executives have suggested ...
- May 4, 2023
Peloton is gearing up for a rebrand as the company continues enlarging its view of who its customers are and how they prefer to exercise, which executives admitted may have ...
- April 21, 2023
During the pandemic, fitness apparel retailer Lululemon purchased a connected fitness company called Mirror in 2020 as a way reach cooped-up consumers.
Later renamed Lululemon Studio, the $500 million decision was ...
- April 17, 2023
Earnings season is here. And as is always the case, big banks kicked things off.
The CE 100 Index gained a scant 0.63% through last week, as quarterly reports from JPMorgan ...
- April 12, 2023
Unconventional partnerships have transformed the retail industry, disrupting traditional business models and creating new opportunities for growth and success. From Shopify and TikTok to Target and Ulta Beauty, companies are ...
- March 27, 2023
It all started with a cat and a baby.
In 1959, neurophysiologists David Hubel and Torsten Wiesel conducted an experiment on an anesthetized cat to better understand the interactions between the ...
- February 1, 2023
Peloton says its focus on subscriptions, fitness as a service and third-party partnerships with Amazon and Dick’s are paying off.
During its fiscal second quarter 2023 earnings call Wednesday (Feb. 1) ...
- January 3, 2023
The debut of Nike Training Club workouts on Netflix is a potential coup for both brands, although conspicuously absent from the initial lineup is anything involving stationary bikes.
Yes, that’s a ...
- December 27, 2022
The 18% slide in Tesla shares this past week was symptomatic of some of the headwinds facing the Connected Economy stocks this past year.
Disruptive technology, yes. But there are worries, ...
- November 8, 2022
The buy now, pay later (BNPL) engine may still be firing on most cylinders, but judging by the 15% drubbing Affirm’s stock took after hours Tuesday (Nov. 8), investors are ...
- November 7, 2022
Ernesta, a direct-to-consumer (D2C) custom rug company launched by three of the founders of Peloton — John Foley, Hisao Kushi and Yony Feng — has raised $25 million in a ...
- November 3, 2022
On a day when investors’ double-digit disappointment over Peloton’s earnings and guidance scream for attention, it can be hard to hear the soft-spoken insights of the connected fitness firm’s new ...
- October 17, 2022
Per usual, big banks were first out of the gate in releasing third-quarter earnings reports last week. Many more reports will come this week and beyond, meeting a mix of ...
- October 13, 2022
Amazon said shoppers bought more than 100 million items during its Prime Early Access Sale this week.
The two-day sale — billed by Amazon as its earliest-ever holiday shopping event — ...
- October 10, 2022
The whipsaw action in the stock market feels a bit more like whiplash.
A brief few days of rallies, and then a plummet — and this past week, no surprise, saw ...
- October 6, 2022
At-home gym equipment and real-time fitness app company Peloton is counting on additional workforce reductions — the fourth round of companywide layoffs this year — to stay afloat amid mounting ...
- October 3, 2022
Today in the connected economy, Peloton teams with Hilton to put its bikes in 5,400 of the hotel chain’s locations, marking the company’s third partnership in two weeks. Plus, Walmart ...
- October 3, 2022
Peloton has launched a collaboration with hotel chain Hilton, marking the connected fitness firm’s third partnership in two weeks as it tries to reach new audiences.
The deal makes Hilton the ...
- October 3, 2022
It could have been worse.
Significantly worse.
The ConnectedEconomy™ (CE100) Stock Index sank 1.9% in a week that saw the broader markets decline by about 3%. The week ended a third quarter ...
