Peloton posted a worse-than-expected holiday quarter on Thursday after shoppers failed to shell out for its new AI-driven product line and turned away from higher subscription prices. The connected fitness company missed Wall Street’s estimates on the top and bottom lines and fell short of its own internal sales targets in the three months ended…
Mary Barra, CEO of General Motors, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David A. Grogan | CNBC DETROIT — General Motors is on pace to be the top U.S.-traded automaker stock of 2025, as shares of…
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Bruce Meyer has been elected as the new executive director of the Major League Baseball Players Association in a unanimous vote, according to a report from ESPN on Wednesday. Meyer succeeds Tony Clark, who stepped down from his position as the MLBPA’s executive director on Tuesday, after an internal investigation reportedly revealed an inappropriate relationship…
Nvidia outperformed all expectations, reporting soaring profits Wednesday thanks to its graphics processing units that excel at AI workloads. But more categories of AI chips are gaining ground. Custom ASICs, or application-specific integrated circuits, are now being designed by all the major hyperscalers, from Google‘s TPU to Amazon‘s Trainium and OpenAI’s plans with Broadcom. These…
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Actor Hailee Steinfeld and her husband, Buffalo Bills quarterback Josh Allen, are expecting their first baby together. Steinfeld, known for her roles in “Hawkeye,” “Sinners” and the “Pitch Perfect” franchise, announced her pregnancy Friday in her Substack newsletter as part of a list of her favorite moments of the year. The couple also shared an…
Check out the companies making headlines in midday trading: Coty — Shares of the beauty retailer plummeted more than 20% following its latest quarterly results. While its revenue of $1.25 billion beat the $1.20 billion that analysts surveyed by LSEG were expecting, it posted a loss per share of 5 cents, more than the 2…
Video Details Coach Eric Mangini is in and shares his 2025 NFL predictions, featuring Joe Burrow winning regular season MVP and the Baltimore Ravens taking down the Philadelphia Eagles in Super Bowl LX. 16 HOURS AGO・first things first・9:59 <
President Donald Trump and his tech allies say that his new executive order to establish a national framework for artificial intelligence regulation will give the U.S. an edge over China in the AI war and pave the way for innovation. But Democratic lawmakers and state officials, as well as consumer advocacy groups, are raising alarms…
