he has personally come under attack from blackwell comedy -- from blackwell, the activist investor.id they are happy he is stepping aside, not happy that he's handpicking directors for the company. barry mccarthy, a well-respected cfo, j.p. morgan says this guy has credibility of the street. he has proven he knows how the sub script and model works. and remember, the idea of m&a and takeover and acquisition came about. the whole conversation was what is the future for peloton because it has grown to a point where it can service levels of demand in terms of the hardware, the bikes come of the treadmills that just aren't there anymore. they wanted to see somebody that could reinvent peloton to more of a services, higher margin revenue business. guy: my question is, is that the famous san francisco fog behind you, or is that some kind of steam duct? it looks really cool. it looks amazing. ed: that is actually real. that is what san francisco looks like every morning. the silicon valley glow is still here. kailey: you and i seem to be in the wrong place. i'm in my studio, kind of cold i

welcome to "cnn newsroom" >> i'm victor blackwell. today, president biden praised the u.s. military for removing a major terrorist threat to the world. the global leader of isis was killed during an american special forces raid. >> the operation happened overnight in northern syria. the president said no americans were killed despite the isis terrorists detonating a bomb. he killed himself and members of his family. >> syrian defense forces say 13 people were killed, including six children, but the pentagon says right now, they can only confirm four civilian casualties. >> we do know that as our troops approached to capture the terrorist in a final act of desperate cowardice, with no regard to the lives of his own family or others in the building, he chose to blow himself up. not just with a vest, but to blow up that third floor, rather than face justice for the crimes he has committed. taking several members of his family with him just as his predecessor did. >> now, this isis leader's predecessor, al-baghdadi was killed in 2009. the white house released this image of the

that's also grant activist blackwell's attention.nced today will ultimately be enough. >> lawrence been having listened so closely to the call what do you thing has investors so bullish over the course of the call we have seen it go -- was it a fundamental basis. >> i think what a lot of people are thinking about when you see the background, right, of this incoming ceo, he's been at spotify, netflix, he really knows how to run a subscription business, right there was a lot of chatter ahead of these results coming out today about the fact that the market was undervaluing peloton's current base that's up to about 2.7 million connected fitness subscribers today. if they were to pivot, which potentially is what they're doing, and focusing on the existing subscribers, thing about getting them to buy, you know, buy new products in the future or apparel. really trying to extract more dollars from that current base, and i think that's what you're reading into a bit what does it mean for hardware, moving forward it's slowing production to mee

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i'm alisyn camerota. >> i'm victor blackwell nepu.s. kyiv and temporarily relocating the small number of remaining diplomatic people to laviv. it's the latest sign they believe the russian invasion of ukraine could happen any day now as seller american officials put it. >> we are intensifying our efforts to deter russia and to

week ago and issued a letter to the peloton board calling for the company to consider a sale and blackwellthe note named nike and google and disney and sony as potential acquisition targets for peloton. again, look at peloton's market cap as of friday which was $8 billion. a year ago, we were talking $50 billion. again, just to see how that has fallen over the course of the year as you mentioned, just here recently, we have seen more bad news trickle out for the company. they report earnings tomorrow. the ceo john foley has not responded to the activist letter all ears are tuned in to this conference call after the earnings number come out after the bell tomorrow to see how they address the situation >> yeah. let's see if there is earnings in the earnings, lauren, if you know what i mean, as opposed to continued losses sdp it is an exercise bike company, i know they will be insulted with that. they want to be a data and lifestyle and sub skscription service and treadmill. what is attractive about that? >> you have google which completed the acquisition of fitbit you see their ambitions of

if you think about amazon in particular but also apple which some street analysts as well as blackwellpushing peloton for change, they're is suggesting apple could be a player. they have existing health services. on the platform they say toanl and they have some of their own existing limited health tracking options. so i guess it's another case of a big tech giant looking at this and saying yes, i want to add to my existing offering and bloomberg intelligence say if they're going to do that they have be sure they're ready for scrutiny. matt: what does the business look like? during the pandemic a ton of people subscribe to peloton, got the bikes, hopefully used them on a regular basis. since we have been allowed outside again, the concern is those things start to hold coats and collect dust. >> two things. there is a demand picture. is the demand out there? pelt -- peloton grew very fast, they grew very big and part of the restructuring that they're going through right now is cutting that production footprint. but it also asks the question, this is where amazon is relevant in this disc

. >> i'm victor blackwell. good to be with you.en's deputy national security adviser called it the beginning of the latest invasion. now the president is expected to lay out new sanctions against russia. >> the u.s. joins multiple western nations in condemning putin's aggression and that includes germany which halted it approval of the nord stream 2 pipeline which will have huge implications for germany's economy and russia's. we have cnn's erin bur net in lviv, crukraine, an nic roberts in moscow, cnn white house correspondent john harwood is in washington, cnn chief international correspondent clarissa ward in kyiv, ukraine. retired brigadier general peter zac and michael for the organization of security and cooperation in europe, and he is in lviv. let's begin with cnn's john harwood. what do we expect the president to say? >> what we expect is the president to lay out some sanctions going well beyond what the administration announced last night, which was sanctions targeted at those two breakaway regions of ukraine. we've had a

. >> hello, i'm victor blackwell, welcome to "cnn newsroom." alisyn is off today. minutes ago, russian president vladimir putin addressed his nation, saying that he told the leaders of france and germany that he plans to recognize some of the contested areas in ukraine as separatist republics. today, president biden's national security adviser added this. >> we also have intelligence to suggest that there will be an even greater form of brutality, because this will not simply be some conventional war between two armies, it will be waged by russia on the ukrainian people, to repress them, to crush them, to harm them. >> new satellite pictures show vehicle tracks indicating russian tanks and supportive equipment are taking up field positions close to the north border. >> you can see it with cell phone footage of people on the ground, and they're seeing tanks and armored vehicles, in commercial satellite imagery, it's there for everybody to see. >> president biden agreed in principle to meet with putin, providing russia does not invade ukraine, that's according to the

>>> hello, i'm victor blackwell. welcome to cnn "newsroom." alisyn is off today. a judge in minnesota, just sentenced former police officer kim potter to two years for fatally shooting daunte wright during a traffic stop. 16 months will be served in prison with the rest under supervised release. potter testified that she shot br wright with a gun when she meant to pull a taser. she apologized to dante wright's family. >> i'm so sorry that i brought the death of your father, son, brother, uncle, grandson, nephew and the rest of your family. to your home, katie, i understand a mother's love and i am sorry i broke your heart. >> well daunte wright's parents in court asked the judge to impose the maximum possible sentence of 15 years, but prosecutors, they asked for 7 years in prison. cnn's josh campbell is with me now. josh, how did this judge arrive at two years as the sentence? >> well this is what is called a downward departure from the sentencing guidelines and in this case this was a sentence that was significantly less than what we were expecting because someon

." >> i'm victor blackwell.eported large explosions in the ukraine capital city kyiv. [ sirens ] >> right now ukraine controls the city an the fifth day of return attacks. a senior defense official warned that russia could take more aggressive

so it was interesting, scott because when blackwells capital first surfaced a couple of weeks ago demanding and selling the company, i think a lot of people looked at it at face value with struck are foley and insiders owned 75% of the voting power, only 15% of the economic interest, however, but therefore any kind of outsider that comes in demanding changes doesn't have much of a leg to stand on. here we are. we're not quite seeing all of the effects of what black welles capital had been pushing for and we did so foley step aside they still don't believe peloton should be a stand-alone company and it should be sold for at least $65 a share which is still not quite where it's trading today, but it definitely shows that management has been paying attention. they know that the stock price has been depressed and it shows that they're paying attention to shareholders that needed to do something. >> sosrkin suggested on squawk that if you're buying the stock or dressing it up for a deal, he said not so fast i'm wondering what the investment community is really thinking the road ahead looks like

. >> i'm victor blackwell. it is good to be with you.w. there's new information about the role donald trump played in efforts to seize voting machines in states he lost and how that's impacting the january 6th investigation. >>> and covid vaccines could soon be available for the youngest age group. pfizer is expected to seek emergency use authorization from the fda as soon as today to vaccinate children aged 6 months to 5 years. >>> and kbgood-bye to the g.o.a. after 22 seasons in the nfl, tom brady makes it official, he is retiring. of course, we will get to that. >>> but we're going to start with this meeting between president biden and a bipartisan pair from the senate. he's meeting right now with democratic senator dick durbin, of course, he's chair of the senate judiciary committee, and its ranking republican

they're now up more than 20% this all comes as activist investor blackwells has been calling for foley'snvestor and a sale of the company. kno foley out as ceo 2,800 job cuts, 28% of the corporate workforce. the move is expected to save $800 million in annual costs, while peloton will also wind down a plant in ohio as part of the announcement, we got a look at guidance not great here full year 2022 revenue is projected at $3.7 billion to $3.8 billion, down from $4.4 billion to $4.8 billion. for q3, get ready for a bigger than expected loss, as well. i'm trying to figure out, this massive turnaround in the stock price, why is it up? it seems unlikely now that peloton is going to be selling itself to an amazon or nike or another company. at the valued like a tech company ev to sales, less than three, nine times to price sales. >> these moves, who knows? overall, like you set it up, things fall apart, whether it is in nv nvidia/arm or the old case for peloton. we'll see what new case they build. i want to start for a moment with arm there are massive implications for all technology, and spe

." >> and i'm victor blackwell. it is good to be with you.ght now with the new leader of germany during what the president calls the most serious threat to peace in europe since world war ii. a few minutes ago you saw the president sat down with olaf sholz in the oval office and they're expecting to hold a joint news conference in the

.™ >>> hello, i'm victor blackwell. welcome to cnn "newsroom." >> and i'm alisyn camerota.about ukraine. the pentagon and the white house and the state department are expected to give updates in this hour. a senior u.s. official briefed on the intelligence said that russia could invade this week. as russian president vladimir putin continues to position more troops along the ukraine border. despite months of diplomat

. >> hello, i'm victor blackwell. welcome to "cnn newsroom." >> and i'm alisyn camerota.aine's capital city could fall to russia within days. and any moment now here in the u.s., president biden is expected to announce his nominee to fill the upcoming supreme court vacancy. >> cnn was the first to report his choice is judge ketanji brown jackson and she will speak after the president's remarks. if confirmed, she'll be the first black woman to service on the court. right now she's a federal judge on the d.c. circuit court of appeals and when we broke the news of the president's intention, she was in the middle of oral arguments for several cases. let's talk about the historic nomination while we wait for the president. we have correspondent jeff zeleny, and legal analyst joan bis coupic and abby phillip and legal analyst laura coates and gloria borger. welcome to you all. jeff, let me start with you with the decision why judge brown jackson and this is a very important introduction. both the experience and the personal narrative to the american people. >> victor, both of t

." >> and i'm victor blackwell. it is good to be with you. prieb is meeting right now with the new leader of germany during what the president calls the most serious threat to peace in europe since world war ii. a few minutes ago you saw the president sat down with olaf sholz in the oval office and they're expecting to hold a joint news conference in the next hour. >> sources tell cnn the u.s. has interpreted communications from russia which reveal some military and intelligence operatives expressing worry that a large scale invasion of ukrainian could be costlier and more difficult than vladimir putin and other kremlin leaders realize. sources also say that putin has 70% of the military man power and weapons in place for a full-scale invasion of ukraine. some assessments say if there were an invasion, the capital kyiv could fall within 48 hours. frederik pleitgen is in berlin. what do we expect to hear from the president an the chancellor in the next hour. >> reporter: well the purpose of the meeting today is number one to talk about what is

i'm victor blackwell. >> and i'm alisyn camerota. >>> a major winter storm is already crippling large parts of the country. ice, sleet and snow stretch across more than 2,000 miles and at least 260,000 customers are currently stuck without electricity. more than 4,000 flights have been canceled today, and roads are icing over. we're getting reports of car accidents, jackknifed trucks and trees down. >> a lot of this mess is happening in places that are not used to functioning through icy conditions. we're talking memphis, parts of arkansas, texas, and this could be a problem well into the week. cnn is covering every angle of the story. at national reagan airport outside of d.c. and meteorologist jennifer gray will bring us the latest forecast. pete, you're up first. bad day to fly. bad day for travel. >> reporter: really bad day for travel, victor. this is the worst day for flight cancellations that we have seen in the last year. look at the latest numbers from flight aware. more than 4,800 flights now canceled nationwide. the last time we saw numbers close to this was during the big

a former ohio secretary of state kim blackwell and member of the board which filed the lawsuits at the exquisitely used race as a factor of d marking the voter groups they wanted to give this privilege to and that is a direct violation of the 15th amendment. the mayor did this, it is in plate and that this group of black voters says you can't do this. >> first of all, i think absolutely right. you look at what the statement said, they said they were doing it to challenge white power. you can't bring -- not necessarily illegal. noncitizens in devote in order to dilute the vote of another race. i think he is absolutely right on the face of it but first of all, this is an issue it is a two-minute decision, 71% of americans oppose allowing noncitizens to vote, 26% supported and most americans are looking at this and looking what biden is doing with the federal election in my he were focused on the wrong thing. we've gotten forty-year high-end inflation, a record crime wave going on, the worst border crisis in american history, worth pandemic in a century still upending our lives, why are y

i'm victor blackwell. >> and i'm alisyn camerota. our erin burnett is live. tell us what is happening live this hour. >> reporter: all right, on the ground you have fighting across the country. you have a country on alert here in lviv. you will see all the lights for the city, street lights, buildings will go out in about an hour's time as they prepare for night. there is a lot of fear. i was talking to someone i have spoken to over the past couple weeks here. he said, look, he, the reservists, are gathered waiting for their orders, they are ready to fight for their country. at this point, though, they're not sure what that will mean, what they will be called to do, and that is like it is for so many here as president biden details what he calls devastating sanctions against vladimir putin for launching war in europe and invading ukraine. russian troops assaulted the nation. it was by land, by air, by sea. short range, medium range, long range, cruise missiles starting in the early morning hours of this morning. and a senior defense official says this is just

." >> i'm victor blackwell, good to be with you.oday, america's top diplomat, secretary of state tony blinken said that russia is laying the groundwork to justify an invasion into ukraine. secretary blinken changed his travel plans to give a last-minute speech to the united nations and detailed several scenarios the kremlin might use. >> russia plans to manufacture a pretext for its attack. it could be a fabricated so-called terrorist bombing inside russia. the invented discovery of a mass grave, a staged drone strike against civilians. or a fake, even a real attack using chemical weapons. russia may describe this event as ethnic cleansing or a genocide. i am here today not to start a war but to prevent one. >> president biden echoed the urgency and he warned the potential invasion could come very soon. >> we have reason to believe that they are engaged in a false flag operation to have an excuse to go in. every indication we have is they're prepared to go into ukraine, attack ukraine. my sense is it will happen within the next seve

. >> i'm victor blackwell. it is good to be with you.e are following several developing stories right now. there's new information about the role donald trump played in efforts to seize voting machines in states he lost and how that's impacting the january 6th investigation. >>> and covid vaccines could soon be available for the youngest age group. pfizer is expected to seek emergency use authorization from the fda as soon as today to vaccinate children aged 6 months to 5 years. >>> and kbgood-bye to the g.o.a. after 22 seasons in the nfl, tom brady makes it official, he is retiring. of course, we will get to that. >>> but we're going to start with this meeting between president biden and a bipartisan pair from the senate. he's meeting right now with democratic senator dick durbin, of course, he's chair of the senate judiciary committee, and its ranking republican member, senator chuck grassley. the panel oversees the confirmation hearings. >> the president has been facing some conservative outcry over his vow to nominate a black woman.

. >> hello, i'm victor blackwell, welcome to "cnn newsroom." alisyn is off today.ers of france an

. -- captions by vitac -- www.vitac.com ♪ >>> hello, i'm victor blackwell.m alisyn camerota. there's growing concern in the biden administration about the human fallout if russia invades ukraine. a senior administration official says the biggest worry is mass casualties and a refugee crisis in europe. officials estimate there could be between 25,000 to 50,000 civilian deaths and up to 35,000 troops killed. >> there's more of this shuttle diplomacy to try to de-escalate things there. it's happening today. fresh off his meeting with vladimir putin, french president emmanuel macron met with ukraine's leader, zelensky

." >> i'm victor blackwell. cnn has reported large explosions in the ukraine capital city kyiv. [ sirens ] >> right now ukraine controls the city an the fifth day of return attacks. a senior defense official warned that russia could take more aggressive approaches toward kyiv. russia is frustrated by the resistance. they continue to attack, continue to advance. video appears to show bombs decimating a residential area in a town. >> satellite images show a three mile long convey of russian military trucks and tanks and a artillery heading in the direction of kyiv. officials met more than five hours on the border and now returned to their own capitals. the ukrainian officials said they have further talks in days. >> let's turn to anderson cooper in lviv. the war also set off this massive refugee crisis. >> reporter: yeah, it certainly has. we're just air raid sirens and people are being told to go into basements. the united nations said half a million refugees have fled ukraine. we crossed over the board fresh pol

i'm victor blackwell. >> minutes from now president biden will address the growing crisis in ukraine. we'll bring you his speech live when it happens. >>> nato says ukraine is preparing for large scale emergencies of various nature that can affect its civilian pop you -population. russia claims its pulling back some troops from around ukraine. earlier today president putin appeared to take a step toward a diplomatic solution saying he does not want war. >> ukraine, the u.s. and flay t -- nato are not kwconvinced by the conflicting evidence. erin, let's talk about this request from ukraine. they are asking nato for help. what are you hearing? >> they are asking nato for help and we should just be clear here. they are not asking for any sort of military or lethal assistance. they are asking for a pretty specific list of things. alison, you mentioned they are preparing for large scale emergencies for the population. they are asking for machines, radiation and chemical reconnaissance. p medical supplies, communication equipment, all sorts of things to move debris out of the way, cars, tru

congressman elijah cummins a roll mod go ahead for my colleague victor blackwell.e still going strong. >>> this is personal for me. congressman elijah cummings, as my mother put it, one of the people who gives keys. given me keys at different points throughout my life. most of my leaf he was representative of my community, home district. maryland seven and i first met congressman cummings when i was 16 years old. he had started this new youth program. elijah cummings youth program in israel where a few students were chosen to travel to israel for close to a month to learn about the culture and religion. at the airport he showed up to say good-bye and wish us well and i remember something he said. he said, open yourself up. make the possibility. create the possibility of learning, meeting someone, thinking of things in a different way. i've kept that. that one of those little keys. congressman cummings was also speaker at my high school graduation and told his story of his personal and professional life, and i remember him saying, never let anyone define you. he sai

." >> i'm victor blackwell. it's good to be with you.ite and the country's largest commercial banks. at the moment, they are coming back online, but it's unclear who's responsible for these attacks. now, this comes as russia is

i'm victor blackwell. >> and i'm alisyn camerota. secretary of state antony blinken said russia is laying the groundwork to justify an invasion into ukraine. blinken changed his travel plans to give a last-minute speech to the united nations and detailed several scenarios the kremlin might use. >> first, russia plans to manufacture a pretext for its attack. this could be a violent event on ukraine or an outrageous accusation russia will level against the ukrainian government. we don't know exactly the form it will take t. could be a fabricated so-called terrorist bombing inside russia. the invented discovery of a mass grave, a staged drone strike against civilians, or a fake -- even a real -- attack using chemical weapons. >> president biden warned the potential invasion could come in days. >> we have reason to believe they are engaged in a false flag operation so they have an excuse to go in. every indication we have they're prepared to go into ukraine, attack ukraine. my sense this will happen within the next several days. >> well,

." >> i'm victor blackwell. it's good to be with you. we are beginning with an apparent cyberattack on ukraine's defense ministry website and the country's largest commercial banks. at the moment, they are coming back online, but it's unclear who's responsible for these attacks. now, this comes as russia is sending conflicting signals of a possible invasion of ukraine. russia said today it's pulling back some troops from the ukraine border and at a press conference, president vladimir putin said that he does not want war. >> nato's secretary general says there are no signs of russian de-escalation on the ground, despite the kremlin's claims. new satellite images show dozens of russian helicopters positioned in the past few days at a previously unused air base in crimea. and cnn has learned that some russian units have moved into combat positions. president biden will address the growing crisis next hour. let's bring in cnn's erin burnett, live for us in lviv, ukraine, west of the capital. let's start with this apparent cyberattack that h

." >> i'm victor blackwell, good to be with you.g the groundwork to justify an invasion into ukraine. secretary blinken changed his travel plans to give a

. >> i'm victor blackwell, welcome to "newsroom." >> and i'm alisyn camerota. we do have breaking news. on the january 6 investigation. cnn can report that the house select committee investigating the attack on the capitol now has white house records that reveal details of a phone call donald trump made to republican congressman jim jordan on the morning of the negotiation. >> two sources who have reviewed the call records say that trump spoke on a phone at the white house residents for ten minutes and jordan took to the house floor to object to the certification of president joojo bidens win. ma who could you tell bus this call? >> the communication that jim jordan had with donald trump on january 6 has long been of interest to not only the january 6 select committee but others who have been investigating the events of that day and for the first time we could learn through these white house call records that were part of the that information of documents that was part of the national archives that was then transferred to the select committee that there is entr

. >> i'm victor blackwell nepu.s. is closing its embassy in kyiv and temporarily relocating the small number of remaining diplomatic people to laviv. it's the latest sign they believe the russian invasion of ukraine could happen any day now as seller american officials put it. >> we are intensifying our efforts to deter russia and to impose costs should moscow go ahead with military action. what ever happens, happens next. we're resolute in our support for ukraine's sovereign too, territorial integrity and we'll continue our assistance to the people of ukraine. >> a senior u.s. official briefed on the intelligence also says that russia could invade this week and russian president vladimir putin continues to station more troops along the ukrainian border despite months of diplomatic pleas to stop. >> u.s. intelligence indicates a rushingian air and missile attacks could begin as soon as this week. the u.s. believes russia could target key ukrainian military infrastructure including air defenses and early warning system

welcome to "cnn newsroom" >> i'm victor blackwell. today, president biden praised the u.s.r removing a major terrorist threat to the world. the global leader of isis was killed during an american special forces raid. >> the operation happened overnight in northern syria.

first they put on witness after witness from kitty blackwell performing a department training program to zimmerman who was one of the most senior men on the force to say that officers are trained to intervene in the unreasonable use of force. the prosecution even elic-- elicited testimony from the defendants themselves that they knew they had a duty to intervene no matter how junior they were. now the defense put on a use of force expert who testifies that although derek chauvin's use of force was unreasonable, it it was unlikely that someone like steer kueng would physically move to remove chauvin from george floyd however i think that the prosecution ult tate-- ultimately say this is a case of policy where the defendant were saying it is a case about culture. about a culture that wouldn't let junior officers challenge more senior officers. and we see that the jury ultimately sided with the prosecution, that policy trumped culture. >> this is the sort of charge that federal prosecutors have not been bringing in previous cases. it has been unusual. and now they have a conviction in a

-- captions by vitac -- www.vitac.com ♪ >>> hello, i'm victor blackwell.elcome to "cnn newsroom." >> and i'm alisyn camerota. there's growing concern in the biden administration about the human fallout if russia invades ukraine. a senior administration official says the biggest worry is mass casualties and a refugee crisis in europe. officials estimate there could be between 25,000 to 50,000 civilian deaths and up to 35,000 troops killed. >> there's more of this shuttle diplomacy to try to de-escalate things there. it's happening today. fresh off his meeting with vladimir putin, french president emmanuel macron met with ukraine's leader, zelensky, as cnn's senior national security correspondent alex marquardt is in kyiv. what are you learning about this meeting between macron and zelensky? >> reporter: hi there, victor and alisyn. this meeting comes on the heels of his meeting with president putin in russia and ahead of his meeting in berlin with the german chancellor. this flurry of diplomatic activity, aimed, of course at de-escalating the situation alon

." >> i'm victor blackwell. erin burnett is in will vooef. >> reporter: we're here in lviv.city is saying at 11:00 p.m., about 90 minutes from now, they'll turn off off the street lights here. all building illuminations and asking anyone who lives here to turn off the lights in their homes. they're making it clear for preventive measures. i know just over the past, you know, two weeks, talking to you guys every day, there's a big tower behind me. it's a communications tower. it is not illuminated now. it's at the top of the tallest hill in the city. that's what they're saying. as you can see behind me, i'm making sure you can see, obviously, there's light in the city. all of that, we're told, is going to go off at 11:00 p.m. as i said, in about 90 minutes in a country that is very much on edge. you have clashes going on right now in the east of this country and the north of this country and the south of this country. as we speak. it's night. again, the fears of more potential strikes. nobody knows what is next. as you all know, it comes as president biden called vladimir put

. >> i'm victor blackwell, welcome to "newsroom." >> and i'm alisyn camerota. select committee investigating the attack on the capitol now has white house records that reveal details of a phone call donald trump made to republican congressman jim jordan on the morning of the negotiation. >> two sources who have reviewed the call

blackwell, the activist firm pushed out joan foley as ceo, they came up with a list of possible suitorshe names are new. bring up this graphic here because they floated sony, lululemon is in there? david: lululemon? reporter: apple is big one. i told you before they're not going to buy peloton because, look, for hardware superstar like apple which of course builds the best-selling iphone and the ipad, they could probably make a better peloton bike of their own. david: you mentioned foley will have a lot of influence in designing things. they don't like that, do they? they like to buy companies they con completely control from top to bottom. reporter: they love to control things organically the entire ecosystem. they want owe to be able to build a bike from end to end, bolts, nuts, chips that go into it. so they're not going to buy peloton. i want to talk about nvidia as well because if we talk about business headlines and tech, nvidia, the world's largest chipmaker worth $700 billion, apple is looking to by arm which designs chips that go into ipads, iphones, $40 billion. that is now of

susan: well, look, blackwell who pushed john foley, the ceo, is pushing for a sale.ated, sony, oracle, even viacom cbs,. lou: lemon could be thrown into the mix. but with john foley staying on as executive chair, bringing in barry mccarthy who is moving to new york from l.a., that seems to indicate to many that they're not going to be selling the business anytime soon. instead, we're looking for adjustments and improvement in productivity. so that includes 2800 job cuts. they're keeping all the instructors, all the content. they're killing plans for that ohio plant. two new board members coming onboard, and they're outing their sales fore -- cutting their sales forecast for the full year. as you know, with any sale it still requires john foley's approval if, and he still holds 80% of the supermajority e voting rights. so any sale meets his approval, and indications are he's not ready to sell just yet. stuart: that is a company in transition. susan: absolutely. but, look, it's above the ipo price. it traded below $29 for a long time. you've lost 80% of the value. this

companies exploring on offer to acquire peloton as palatine has seen a slowdown in demand after investor blackwellital urged palatine board to oust its ceo and put itself up for sale. the company is undecided, but stocks soaring 22 and a half percent right now as a bidding war emerges for palatine. we have worries underway this morning kicking off a week with the dow jones down 110, s&p 500 down 11 and a quarter. better-than-expected jobs are afforded friday with the nasdaq and s&p 500 finishing higher friday but the dow jones under selling pressure by the close despite the numbers on jobs with the dow jones down 21 and nasdaq up 219 points friday. s&p 500 higher by 23 and these numbers represent the best week for 2022 so far for markets. we are standing by this week for earnings from disney, uber, cbs, coca-cola and twitter coming out this week. it will give us a window into further business in the fourth quarter. we are waiting key inflation data as january cpi and consumer sentiment out later in the week. joining me now to look ahead equity strategist steve chaperoned out and join the conversat