charlie bobrinskoy and lauren thomas on peloton with new reporting and lori calvasina on the growth stocksoff with you and the broader market it looks like a strong finish for the fourth week in a row s&p is up almost 15% or so off the lows it's predicated on this idea that we've seen the worst of inflation and that the fed is going to react to that do you think that's right? >> sort of right, sort of wrong. i do think people are overfocused on the direction of change, too much focus on the derivative so inflation is communeative the order doesn't matter so people get too excited about a change in the rate of inflation. we still have very high inflation. we still have very negative real rates of interest. and negative interest rates prop up growth stocks and are relatively good when they change to value stocks. i said a lot there, but people are too positive about a decline from very high inflation rates >> you don't think it's more important that the inflation rate is falling than the absolute level, that it's still high >> i'm so glad you followed up on this because this is one of the re

and our own lauren thomas broke that story she joins us live.e's been out front on peloton all year long. we'll be right back. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire if you have this... and you get this... you could end up with this... unexpected out-of-pocket costs. so if you're on medicare, or soon to be, consider this. an aarp medicare supplement insurance plan from unitedhealthcare. medicare alone doesn't pay for everything. and what it doesn't pay for, like deductibles and copays, could add up to thousands of dollars. medicare supplement plans help by paying some of what medicare doesn't... and making your out-of-pocket costs a lot more predictable. call unitedhealthcare now and ask for your free decision guide. medicare supplement plans also let you see any doctor. any specialist. anywhere in the u.s. who accepts medicare patients. take charge of your healt

shares surging after lauren thomas reported the company will shift gears.amazon the company tells cnbc it will look for similar deals lauren thomas joins us now to discuss. a strategic shift. >> this is really big news in and of itself. peloton was started as a direct-to-consumer business. up until now it has relied on its own website and its own stores to sell its products. the company has been through a massive shake-up this year it got a new ceo in barry mccarthy and this is someone who is very interested in the subscription aspect of peloton more so than the hardware. you've seen peloton in the few months since he's been ceo out of the subscription business, out of last mile delivery and now is relying on third parties such as fedex and with this announcement today we're now seeing peloton take a step in retail to rely on amazon, to sell its goods clearly this company is still looking to grow its base peloton has about 7 million members today. barry mccarthy has said he wants to hit 100 million members certainly still has a long way to go if it were to

lauren thomas talked to peloton's chief commercial officer, broke the story today lauren, fascinating piece. shift in strategy. talk about how it came about >> absolutely. you might recall back when peloton shares started to tumble earlier this year, it was a point in time where rumors were swirling there washington reports that amazonhad been looking at peloton more as an accusation target that hasn't evolved and didn't bear any fruit here we are today and the two have struck a partnership. when i spoke to kevin cornelius, he said this is about peloton being more accessible. they want to get a bike in the hands of as many consumers as possible there's going to be accessories and apparel starting today peloton said its main goal is to sell more hardware through the partnership. again, it's starting with its original bike industry and product. kevin core kneels told me that already about half a million searches are taking place on amazon every month for peloton products so the company believes the consumer is there, but again, ceo barry mccarthy's main goal right now is to get the comp

lauren thomas joins us now we've had some fun today going through some of these metrics, lauren. >> yeahoday most of the gains that it did achieve yesterday, like you said on the heels of that amazon -- news that the amazon partner. i think obviously the fourth quarter results that peloton put out this morning were dits appointing in and of themselves. but tpeloton leaves investors ad analysts with a lot of questions. the ceo, barry mccarthy, is certainly trying a lot to turn this business around peloton has tested everything from renting out its bike to hiking membership fees it's also played around with pricing of its equipment products but at the end of the day it really remains to be seen if those are going to play out. so mccarthy said on the conference call this morning this is really skomething, a turn-around that investors will stick around for it's proving to not be an overnight success but something that the company is going to continue to work to. like you said, does expect to achieve that break-even cash flow by the second half of fiscal 2023. >> mike, the company did take pa

. >>> peloton, shares deep in the red by 20% cnbc's lauren thomas is with us, she broke the story yesterday. it's all been erased, plus learn with you i want to zoom in on the total member count, this quarter fell to just below 7 million. mccarthy, like foley, still believes they can get to 100 million. how do they get there? it feels like peloton, as what we understand it now, is a more of a mass market fitness company, or is it going to have this loyal base of members, perhaps a smaller number, that they can squeeze more money out of >> yeah, exactly, i know when you look at where that member count is today, like you said, right under about 7 million, and the company still has this lofty goal of achieving 100 million. i think a lot of us, and analysts included, as well as investors are looking at that kind of scratching their heads how does peloton get there the amazon partnership the company announced yesterday, that is part of it that certainly is one way the company hopes to add more distribution channels to sell more products. but really, at the core, you look at a guy, barry mccarthy

. >> the numbers and the analysis, we have breaking news right now on peloton cnbc's lauren thomas reportingo find peloton products on the site this includes the peloton original bike. it comesafter peloton said it would aggressively be closing brick and mortar stores. joining us, a retail reporter at cnbc.com and talked to peloton's chief financial officer earlier. what's going on here, and how much does this change the game or not >> yeah, good morning, andrew. if you're in the market for a peloton bike starting today you will be able to buy that bike on amazon should you choose this is part of the new ceo, barry mccarthy's plan. they have a goal of continuing to grow its base of cocustomers. they are going to sell a selection of products. and i was able to talk to the chief financial officer about this news. corneal's told me every month there are about a half million searches on amazon for peloton-related products so the company believes that the customer is there. he also said this is going to be a test and learn approach. peloton wants to test the waters with amazon. but there's a poss

lauren: they would have certainly been understood as such. elizabeth: this is thomasvirginia. paul: and jefferson chronicled native american abortion practice. molly: thomas jefferson mentions again, without any kind of judgment in his 1785 notes on the state of virginia that indigenous women in virginia routinely induce abortion through the use of particular herbs. elizabeth: he mentions here, "the women are frequently attending the men in their parties of war and of hunting. childbearing becomes extremely inconvenient to them. it is said, therefore, that they have learned the practice of procuring abortion by the use of some vegetable." molly: here we have men writing about women doing this. one of the frustrations that i have is that women's knowledge often doesn't get written down. paul: and what about enslaved americans? molly: we have testimony of enslaved black women talking about how, yes, when they would want to induce a miscarriage, they would take turpentine, for example. and the enslavers knew about this. and then so they would reformulate the turpentine t

lauren thompson reporting. does opposed to extending last call like thomas lackey says this. quote, extendg quote, extending last call for bars to the early morning will create a dangerous combination of drowsy and impaired drivers mixed with commuters. let's not let tragedy take a backseat to commerce, end quote. > >> first, the pandemic was having an impact on weddings, but now it's inflation. couples is a rising costs are having them change wedding plans. according to planners, flowers are more expensive because of higher demand. vendors say the same thing goes for lentil furniture, linen, and food. some some couples are opting to have micro weddings, cutting down guest lists and looking for smaller or cheaper venues. some have even used zoom to include more people for free. that justs just sucks. we're going through that with our family. my brother brother is getting married in o. in october. it's my family. still, there's a lot of issues with trying to get a date because so many weddings were pushed back and people are scrambling to now finally do their weddings. there i