_peloton-cutting-back-rivian-loses-in-q2-and-interest-rate-increases.jpg "Peloton cutting back, Rivian loses in Q2 and interest rate increases from peloton treadmill cost Video Screenshot Preview")
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⏲ Duration: 80 sec
✓ Published: 13-Aug-2022
✓ Published: 13-Aug-2022
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8/12/22nnThat Peloton machine is about to cost more. And how long will these rate increases last? A sharp rise on the markets today. A fourth straight week of gains following those better than expected inflation numbers.nnThe Dow gained 424 to close at 33,761nThe S&P was up 72 points, or 1.75%.nThe Nasdaq gained 267, or 2%.nn**********nnPeloton is cutting jobs and raising prices to stop the bleeding. It’s also closing some of its 86 stores. The Peloton bike will cost $500 more, the treadmi
8/12/22nnThat Peloton machine is about to cost more. And how long will these rate increases last? A sharp rise on the markets today. A fourth straight week of gains following those better than expected inflation numbers.nnThe Dow gained 424 to close at 33,761nThe S&P was up 72 points, or 1.75%.nThe Nasdaq gained 267, or 2%.nn**********nnPeloton is cutting jobs and raising prices to stop the bleeding. It’s also closing some of its 86 stores. The Peloton bike will cost $500 more, the treadmi
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