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06.08.26 - 16:42
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Peloton Slides on Subscription Lag; Six Flags Falls on Revenue Miss | Stock Movers (Bloomberg)
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On this episode of Stock Movers:
- Peloton (PTON) is sliding as the exercise equipment maker saw an acceleration in cancellations — or “churn” — in paid connected fitness subscriptions during its fourth quarter, and gave revenue guidance for both the first quarter and fiscal 2027 that trailed Street expectations.
- Zillow (Z) shares are dropping as the online real estate platform provided revenue forecast for the third quarter that missed the average analyst estimate.
- Six Flags (FUN) dropped after the water park operator reported net revenue for the second quarter that missed the average analyst estimate. (Source: Bloomberg)...
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04.08.26 - 06:01
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Big AI Bets Divide Venture Capital, Leaving Smaller Funds Behind (Bloomberg)
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Early last year, venture capital firm Felix Capital set out to raise $600 million for its next fund, touting previous investments in fitness-machine maker Peloton Interactive Inc. and food-delivery service Deliveroo. But investors want to see returns from older funds before they commit new capital, and Felix is still $150 million short of its target, according to a person with knowledge of the matter....
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