peloton falling into that.here is the matter of competition for time and if we are not going to be home as much there are stocks that will suffer. but i do not think that is a signal of the overall market where you will steal that she will still see positive earnings from tech. emily: where are you looking to see negative stories? >> the positives, the best way to look at the market right now in terms of infrastructure, we are still at a point where digital transformation has not really come to eat every industry. there is a lot of headroom for tech. cloud, stocks, semiconductors i think will continue to do really well. we are still seeing demand for those stocks. i would look for those things if you are looking for safer bets. amazon, microsoft, google, qualcomm, nvidia. a number of those will play out really well because they are -- so much of the infrastructure. what you said about netflix and others, may be some pure hardware stocks where we might see pricing more the concern but i am fond of the infrastruc

peloton demand is indeed falling., one investor is being called on to not only sell the company but remove foley. i want to read your quote from this letter saying we believe that no board exercising reasonable judgment could leave mr. foley in charge of peloton. the company has gotten too big for mr. foley to lead and he should have enough self-awareness and self interest to resign as director. what is your take? >> it is interesting because peloton has utterly mismanaged their own success. mismanaged expectations and their entire supply chain. they invested millions of dollars at the completely wrong time. a year ago, there was endless demand and little supply. now they have endless supply and very little demand. it is the complete opposite situation. they are in big trouble. they are going to be eating costs. there is reasons why we have these plans of production halts. they can't keep producing bikes that they are not selling. that goes back to the supply chain model of apple and so many other consumer-electronics

peloton's revenue is not bikes it is subscriptions to those bikes. they need to start leaning on that almost anybody can subscribe ask distribution across multiple kinds of products to get the revenue we need. i think they have to get the idea of what they sell is bikes. >> nilay, i'm totally with you what is the proprietary technology they have, the subscription revenue and the talent is apple going to shell out, i'm not sure. perhaps the better question and the better suitor could be a nike or a lululemon, right unlike an apple doesn't really have tight control in the same way of their supply chains we know that lululemon is interested in this space they bought mirror is it done there could peloton be part of a more complete offering? perhaps those are better names to look at >> yeah, i think almost any of those companies that wants a presence in your home and a deep recurring revenue stream has good reason to look at peloton i think the real question is can peloton turn that recurring revenue stream into growth to do that they have to get away fro

peloton too. made some big time bets on peloton, some of them very well timed let's bring in our friend jon najarian, cnbc contributor i guess sometimes you get it right and get lucky. but there were a lot of options trades on peloton right before the news broke >> yeah. exactly right, brian lauren thomas, cnbc reporter, did a great job ferruteting out some information about the reduction or stoppage of treadmills or bikes for a period of time because inventories were just too large and inventories of options started just exploding, brian, just 15 minutes before the halftime report came off the air yesterday we noted there was a huge build of put buying puts are, of course, the right to sell. and that was with the stock at 31 bucks within a heartbeat it was $26 and then 25, 24, 23, you get the idea the puts went deep in the money and millions of dollars were made on that drop by the people that had that information early, brian. >> yeah, i mean, pretty spectacular options trades maybe well timed,

peloton will reopen at 1:07 p.m.nbc.com's lauren thomas just broke this story she's going to give us all the details she has in just a moment >>> rk is rallying, the chinese stocks are flying, the semis are higher the nasdaq is leading the rally today. growth has been sold off hard, but we'll speak to someone who says the stocks might be ready for a comeback >>> speaking of china, the central bank cuts rates while most of the rest of the world is talking about hikes. we'll look at why and whether you should fade today's rally if the chinese economy is headed for a slowdown >>> the big reports get set to come out for netflix but let's start with dom chu for the latest market numbers. >> the market numbers right now are generally positive theme throughout the course of today's session, albeit off the session highs. just to give you some context, we are currently up 300 points in the dow we were up 461 points at the high so a pretty decent pullback on an intraday basis. the s&p 500, 4579 the last trade there. the clear

we have the author of the peloton story over the weekend welcome. to be kind of an of course play at this point right? >> it's true if you look at shares, they've been on a downward trend for about a year down from the high of 80%. i think a lot of activists and potential buyers have probably already been eyeing this one it will be interesting to see the first activist is calling for extreme measures you know getting a new korea and putting the company up for sale. it will be interesting to see how the company responds >> i guess kohl's may be a little less obvious to me as a candidate. but retail always seems to garner these kinds of pressures. >> they do, and in part, because the way to unlock value, or the theoretical way to unlock value is often so obvious. you have the brands and also the real estate. it's sears argument. kohl's is an off mall department store. they're generally in parking lots elsewhere there's a belief you split up the assets >> shares up 33% to date do we call it a trend. a trend is it random if this is perk lating at the sa

tom: that is what we received from netflix and peloton. in terms of -- supply chains and margins have downgraded the forecast for siemens energy for the revenue of 2%. that stock is down now by 5%. they are saying this is essentially not investable. royal dutch shell is down 0.5%. they comment on releasing additional reserves. and >> blockchain -- argo blockchain is down almost 10%. it is a paying point for crypto as the stocks drop. let us get with leigh-ann gerrans. leigh-ann: netflix shares have dropped as much as 20% on the ricoh side of growth -- weaker side of growth. they expect to add just 2.5 million customers in the next quarter, blaming the follow-up from the pandemic. russian central bank has proposed a blanket battle on all cryptocurrencies. the country has sworn off being one of the biggest crypto mining countries in the world. they ban the use of crypto to make payments. serbia has vetoed rio tinto's plans for a lengthy a mine -- a lithium mine. they say this would become an environmental issue i head of serbia's coming elec

he says reports that peloton is halting all production are false. yesterday on cnbc.com. what i obtained in the internal documents is peloton is planning to temporarily halt production of products and essentially pausing production of the bike, the bike plus and the tread at various moments in time in the months ahead we outlined the timeline in our story. what i take away from this, again is peloton is in a moment where they need to reset that's likely going to be employees. there was mention of employees and you know, this is aump ken that saw so much demand at the onset of the pandemic and it's not seeing the same demand today. so, like any business in this position and peloton now needs to reset >> and obviously, moved so quickly that maybe no company could beects pected to stay exactly where demacnd was going to go. but during the high demand period, this company did make a bet in terms of adding volumes and making acquisition to add manufacturing. it seems as if, at least implicitly, peloton thought the run rate of demand and after the pandemi

nbc's jake ward tells us more. >> what's up, peloton. >> reporter: peloton stock plunging a 52-week low after reports the company will temporarily stop making its bike and treadmill products according to a document obtained by cnbc, the company misjudged how many people would buy its product and is sitting on more inventory than it needs. at the same time, americans are returning to gyms and seeing similar products into the market >> in a confidential presentation, the company said demand for its equipment has taken a significant drop due to price sensitivity and increasing competition. >> reporter: this following a report citing sec filings that company executives and insiders sold some of nearly half a billion in stock in a pre-scheduled selling program before the share price fell more than 80% from last year's high and the company has had to ride out public image problems, including a safety recall of its treadmill. >> peloton, come on. >> reporter: during the pandemic peloton saw a huge demand for products and subscriptions even putting $400 million into a factory in the u.s meanwhi

peloton says rumors it is stopping all production are false.described what is in the leaked documents as incomplete, out of context, and not reflective of peloton's strategy. cnbc's lauren thomas broke this story, so, lauren, what's the latest? >> thank you for having me. peloton ceo john foley did issue a memo to employees late yesterday evening that was after we broke news that peloton is planning, like you said, to temporarily halt production of its products. essentially john foley is not denying the claims. he's saying peloton does not plan to halt all production, that that is more accurate description of what's going on here. according to the documents we obtained at cnbc, we can see that peloton is coming out of the pandemic. i know the facing that same demand that it was in 2020 and 2021, and it does have to go through somewhat of a reset to really get back to normal levels of both production and the demand that it will be seeing from consumers from here on out. >> they're not the only ones on this pandemic roller coaster, netflix, not a

peloton shares tellable. they have turned that red knob hard to the right.esistance high, tough shleddin for that company it is falling on a cnbc report that the company is stopping production on its bikes and tread mills. >> and half off sale, a sandful of stocks, s&p 500 names, have fallen more than 50% from their 52-we can highs. we will tell you which ones are worth buying on the steep drop. >>> and here comes netflix earngs are due after the bell. the stock down more than 20% in two months the analyst with the street's highest price target will tell us what he's watching. and it is not cobra kai. >> hi, everybody a rebound for the markets but we are well off session highs the dow is up 245. the s&p up 37, the nasdaq up 157, just more than a 1% gain. and take a look at shares of pell on the. like tyler just said, the stock selling off on the cnbc.com report that it is halting production in an evidence to control costs and get inventory levels in line: travelers, goldman and microsoft are the biggest gainers in the dow today. travelers up 5% after its res

maybe peloton. bloomberg. ♪ >> apple will likely have to wait longer than expected to get there hands on their first mix reality headset. the iphone maker had plans to reveal the new device as early as this june at debbie debbie d.c. and release it later this year -- w wdc and release it later this year. the device was overheating. that means that an interim as early as this year or next year with a wider consumer release in 2023 is more likely. the headset is planned to have superfast chips, immersive audio and speaker technology, and capabilities for media consumption, gaming, and communication. the headset will be pricey and probably cost well more than $1500. the product will be apple's first new bet since the apple watch and should enable new active -- applications through its app store. apple then plans to use wwdc 2023 to engage in vr and app developers to write software. the first headset for apple's ambitions in the space. the company is planning and augmented reality headset as a follow-up

frankly, the netflix chart looks like a good peloton workout whereas the peloton chart looks like a coolown >> yeah. >> netflix is valued similar to disney which seems more reasonable than trying to put a multiple on negative earnings. >> give us a couple of names or parts of the market you think are interesting here >> sure. at the end of the day it feels like the fed put wine in a box and called it champagne, and what we're trying to do is figure out how much of a headache we're going to get from that looking at apple as an example, not a name we really love. if that returns to multiples of the last decade, it is down 50 even though it is in a correction today we're looking at names like visa visa has been struggling relative to the marketplace, but it is going to benefit from continued transactions in our view fintech is something that seems to be bought by large financial institutions as opposed to massively disrupting visa's terrific network. there's another name that's interesting in the financial space. >> a final thought on the markets overall. i mean how do you sort of foresee t

peloton slums as it cuts production.sident biden says russia will pay a heavy price if it moves into ukraine. antony blinken and sergei lavrov meet in geneva today. fear of a more hawkish fed punishing u.s. markets but over in china, it is the opposite. a bloomberg scoop. china urging banks to boost their lending after a slow start to the year. manus: this is what they call the window of the pboc. encouraged to lend more credit to companies and households. all equities around the world under pressure. the csi down by 1% at the moment and this goes back to whether you believe there is more downside risk in the equity market to come, most especially in tech. jeremy grantham is calling about crazy behavior in the equity market and we already entered into a correction, having way, in terms of the nasdaq? he said there is no imminent implosion. that's two to one at the moment. dani: we have a correction in the nasdaq composite, a correction in the nasdaq 100. it has become clear that this is more than just high yields. we had

and a peloton shares closing mr. the ipo price.r this mountain or is this the end of the road and later shaky foundation, the housing trade getting wrecked again, the sector down 15% what does that mean for stocks to break it all down on this special occasion we're bringing

tonight peloton did not respond for a request for comment from nbc news. >> okay, peloton let's go >> reporter: meanwhile, owners of expensive equipment that requires a monthly fee and constant connection are left in limbo. >>> in just 60 seconds, our series "finding the missing" in what could be a remarkable break in a cold case. our exclusive look >>> now to our nbc news exclusive hold on. nope. daisy's got lassoing lessons at noon. ok. high two o'clock? i got a spur fittin' at two o'clock, how's about three? i'm getting thrown through a saloon window at three. we don't need any more overscheduling. but we could all use more ways to save. i can squeeze you in between swim class and kevin's harp recital at 3:30. i thought we was eatin' beans at 3:30. right. switch to geico for more ways to save. tell you what. what about tuesday? with less moderate-to-severe eczema, why hide your skin if you can help heal your skin from within? dupixent helps keep you one step ahead of eczema with clearer skin and less itch. hide my skin? not me. don't use if you're allergic to dupixent. serious alle

i would just hold out for seeing what peloton can do beyond bikes.hink connected fitness customers want to get multiple machines they could put on the same subscription. i think peloton is at a slow start and treadmills at sea licking the precor acquisition in 2021. >> is also possible take over canada could be reason apple or nike would want to use those users to their membership. we hold ourselves accountable here barron's roundtable will also cite by the pics that were not so hot. jack, you said you thought facebook will be the top-performing tech stock in 2021 for. >> yes i got that out loud i should've kept it to my inner monologue. the answer is no end. facebook called meta platforms its return 25% it's a little ahead of the s&p it's also beaten amazon and tesla. but jack, look at some these others off about his beating it was 40% is what microsoft from 30 points. i think you have to include video that's beating facebook my more than 100 points. i am not making any predictions about what the stock will do what the company will call itself a yea

that's one of the reasons we're staying away from peloton. those are the names that tend to land in that sort of down 80% camp if you don't see a path to profitability in the next 12 months, the market hates you right now. and there are babies in that bath water that you know they're going to do well you look at a microsoft, for example, that cloud story, that's not going away. right? and so that is something that is -- that we continue to hold onto and it's been beaten up. >> yeah. >> but -- >> it's not down 80%, but yeah >> no. no exactly. but we tend to be focussed on quality. and so it's one of the reasons that the portfolio has held up, because we never loved this sort of hyped up stories. but i think right now people have to think about what is the path to profitability? that's really how the market is judging stocks >> yeah. well-said. great to have you here today thank you so much. we appreciate it >> thank you >>> still ahead, americans have nearly 2 trillion in student loan debt. what borrowers want and the long-term lifestyle impac

the peloton spokesperson confirmed that it gave the show permission to it use peloton equipment in that episode but not that a character would die using it. >> within 48 hours peloton came together to create a commercial showing mr. big alive and well. the clip has now gone viral. >> peloton also release aid statement from a cardiologist saying mr. big's extravagant lifestyle and perhaps his family history played a role in his death. >> trevor: america! america! yo, how does peloton's real livestock tank because of something that happened to a character in a tv-- how dumb are some people? your tv isn't real. you think those dragons in game of thrones are real, they are cgi. the mandalorian is cgi. the cast of this is us t is all cgi. no real people can cry that much, grow up, people. here is some investing advice, you should not make knee jerk financial decisions based on tv shows, do your research, look into the market and see what elon musk tweets and then you go with that. i do feel a little bad for peloton though because when they gave hbo permission to put their product in the show

i think peloton has significant demand. people are literally stuck at home.hen they had to -- how are they going to do the exercise? now with everything reopening and people being able to go back into gymnasiums, it's likely that people might let their subscriptions lag a little bit or it is harder to get that incremental build. they announced they are halting production on their bikes for a couple of months. when we look at their bikes url, we are able to see a decline in traffic. part of that is to be able to get back and stabilize their business before they continue to build it out. i think definitely, it is going to be a lot of a harder sell, because now you've got the incremental customer -- not just the diehard person. right now it is the gym business, how do you get that next person to become a member? >> i signed up for a bar class. ms. shaw, thank you for joining us. talking to us about the big dramatic drops today. this is bloomberg. ♪ >> welcome back to "bloomberg markets." besides the choppy trade we are seeing in equities, it is also evidence tha

peloton will reopen at 1:07 p.m.ke this story she's going to give us all the details she has in just a moment >>> rk is rallying, the chinese stocks are flying, the semis are higher the nasdaq is leadin

remember, last month, peloton shares plunged when mr.ter riding a peloton in the "sex in the city" spinoff series "and just like that." ♪♪ >> all right, daddy pig, time to try your new peloton bike! >> but isn't that the thing on tv giving people heart attacks? >> what could go wrong? i'm literally made of the thing cardiologists tell you not to eat.

. >>> peloton problems. a major shareholder calling on the fitness giant to fire its ceo and sell the company. this as peloton takes another pop culture hit. >> you're having a heart attack, you're here -- >> i'm doing a pump. >> how the company is responding, straight ahead. >>> all that plus where's the value? the toll of record high inflation on menu prices at your favorite fast food chains. why you're paying more and getting less. >>> and bye-bye brady? star quarterback tom brady addresses the big question now swirling around his future in the nfl. >> i'll know when i know. >> so is there a chance we've seen his final game? and what he's saying about a retirement decision that could change the face of football. today, tuesday, january 25th, 2022. >>> from nbc news, this is "today" with savannah guthrie and hoda kotb. from studio 1a in rockefeller plaza. >>> hey, everybody, welcome to "today" on this tuesday morning, so happy you're with us. probably in tampa they're going, what? >> reading the tea leaves

it had nothing to do with the fed or a shift to value stocks last week, though, it was netflix and peloton both sinking on soft demand and weak user growth this week we will see who gets punished, if they miss or just don't beat by enough perhaps some upside surprises too. we've got ibm earnings today, microsoft tomorrow, tesla, intel wednesday, apple thursday. jon, it is still early in the earnings season but what we've seen so far, the question of did it freak out the markets or is it a sign of more to come. i think that's what everyone will be looking for in this busy week. >> i think perspective is important here i don't think we saw anything close to a bad miss from adobe, for example, but these stocks have been running pretty strong, some of them, based on arguably just their fundamentals. you look at some of these stocks we've known they have been in a good spot for a while. i mentioned adobe. amd is another one i could throw out shopify. those are companies that positioned themselves very well over the past year plus, multiple years seeing how these digital markets are going to ope

mark douglas and dan gallagher talking about the growth troubles for both peloton and net flick. that does it for "the exchange," everybody. "power lunch" six things up right now. >>> celleer, thank you welcome, everybody, to "power lunch. i'm tyler mathisen here's what's ahead to wrap up a busy week. bubbles bursty, from crypto, to high growth, to spaces, speculative parts of the market are deflating, and fast a. seasoned trader weighs in and tells us who to expect for plus, netflix nose dive, plunging more than 20%, largest single day percentage drop since 2012 a top analyst will tell us what the company needs to do to turn things around and stay competitive. >>> is washed out stocks our market watcher did some dig asking found a list of names that he says are oversold. and kelly, worth watching now. >> tyler, thanks it is a crazy market day again on a crazy week. it could be an even busier afternoon. let's start with the dow down 200 points. off session lows the s&p down 44. the nasdaq down more than 200. and it is below 14,000 it is about 14% below its november peak and it is

>> yeah the subscription, i allegedly own a peloton.tle while being honest. the stock was over 150 bucks a share. down below 25. i spoke with one analyst who upgraded it to buy. most analysts have gotten more bearish on the stock. he says if you look at the subscriptions, the value of a subscriber over their life is about 4500 bucks a piece in gross profit. wall street is valuing peloton at 3,000 bucks per subscriber. even without growth for the company he thinks the stock is a good deal. he thinks there will be growth. there is 3 million subscribers. 100 million people in the market with gym memberships. you hear more about peloton and other broken growth stocks in my "barron's" streetwise podcast. jack: recurring revenue from those memberships investors really love. let's move on to actionable ideas. ben, what do you have for us? >> jack mentioned caterpillar earlier. it had a tough time on friday after reporting earnings dropped 5%. people are worried about higher cost and dinged margins. caterpillar has been rising prices and should

coming up, peloton plummets. report that bike production is on pause and shares have gone downhill. details, next. this is bloomberg. ♪ emily: it has been a long, hard, downhill ride for peloton. the company is temporarily halting production of big-ticket items, including their signature bike due to a drop in consumer demand, slashing their sales forecast, sending it to its worst rout ever. what is your reaction to this? >> thanks for having me. just the levels that we have, we have an in-line reading. we have been on the sidelines since it was initiated in april. our first reaction is that there are a lot of things going on with peloton. but to keep things -- two key things we want to focus on, they are facing the opposite of what they faced during covid. what they had done during the demand in covid, they struggled to keep up. now it is the complete opposite. they built a vast capacity and inventory and are seeing diminishing demand. a, the economy, reopening with people going back to the gym and b, there is a

and that helped catapult peloton to incredible success.t to look good. got to look focused today. >> this morning, workout giant peloton is facing an uphill climb. one of a few brands americans turned to in the early days of the pandemic that is now facing headwinds. according to internal documents obtained by cnbc, the company has faced a significant reduction around the world, thanks to increased competition and shoppers wanting to pay less the company is pushing back on reports that it intends to temporarily halt production of the popular workout equipment. in a memo to employees, peloton's ceo and cofounder says those reports are based on leaks of confidential information which he criticized as incomplete, out of context, and not reflective of peloton's strategy adding, the rumors that we are halting all production of bikes and treads are false but foley acknowledged peloton is resetting production levels for sustainable growth and will review our cost structure to insure we set ourselves up for continued success. >> anyone who wanted

i guess people are getting out and about now but peloton is really the exception to the rule.he markets are doing great today. it is a great day to pay attention to charles payne who takes you through the next hour. charles. charles: thank you so much, david. i'm tell you right now this peloton story is huge and definitely something we're going to talk about because if people lose faith in the stock market because of companies like this, we're all in trouble. thank you so much, my friend. david: absolutely. charles: love the introduction. i'm charles payne. this is making money. breaking now as david said the market facing a much more convincing rebound than yesterday because bonds are stablizing. earnings are still crushing it. there are never end questions about the federal reserve especially after president biden called out jay powell by name during his press conference last night looks like a bombshell fell on peloton. one of the most hyped stocks. investors feeling burnt about the market. how many will pedal away for good? i have a guest who says stay away from it. he is

up production of the f-150 lightning pickup we'll pick up how traders are breaking down the move peloton plunging 4%, and the stock on the verge of erasing all of the pandemic gains and we'll tell you what had investors unhooking from this trade and later a new stock from the new year and one of the traders is taking them out with a fast pitch why this retailer is set to soar welcome to fast money. i'm melissa lee, guy adami, tim seymour, karen finerman. >> in with the old and just check out the action in today's trade. newcomer, affirm taking 10% while century-old j.p. morgan rallying four. poshmark 7%, macy's adding 2.5% and that trend playing out across sectors as rates rally and the ten-year treasury yield up 30 basis points in just ten days is this the same-old, same-old high-valuation stocks or is there more to the story this time around? dan nathan, what do you say? >> mel, we saw this earlier in the year or last year in the very beginning of the year when rates started rallying and you had names that you had up there had huge 2020s and they gave a lot back in early '21. investors

remember, last month, peloton shares plunged when mr. big died after riding a peloton in the "sex in the city" spinoff series "and just like that." ♪♪ >> all right, daddy pig, time to try your new peloton bike! >> but isn't that the thing on tv giving people heart attacks? >> what could go wrong? i'm literally made of the thing cardiologists tell you not to eat. this exercise bicycle will get me out of my rut in no time. >> or me out of this failed marriage. >> what's that? i said, um, pretend you are pulling a carriage. >> ah, yes, visualization. great suggestion. ( panting ) >> why is daddy pig breathing so hard? >> because mommy pig recently spotted daddy pig's car parked over at madam gazelle's house. ( grunting ) >> the peloton killed daddy! nonsense! i poisoned his coffee! ( theme song plays ) >> it's "the late show with stephen colbert!" tonight: plus stephen welcomes kristen stewart and jonathan van ness, featuring jon batiste and "stay human." and, now, live on tape from the ed sullivan theater in new york city, it's stephen col

it's starting already, dom, with the peloton story.they're going back to the gayms. i got to go to the gym, i need someone telling me what i got to do it remind me of this dredge report, it says a quarter of adults, seriously, only a quarter that would be over. >> i am, too. >> i am right if there i had a couple of people to that quarter him i'm good for at least two or three people as being lazy i can't do at this time. that pell loton sits in the basement when i go over, that's the only reason to go to the gym. >> so the call to action is a huge part of that jim conversation, this idea if you motivate yourself, you go and do something you haven't. there is also a social aspect for the peloton kind of situation where you are kind of interacting with instructors or you feel you are a part of a class that's online. i would say a lot of the social aspect is going to gyms when i used to go before i had some ultimate chase around. >> are you probably one of the lazy people. >> i am part of the 24 people that is lazy, which is why people gi

a look at what we are calling the peloton pay day next my empls need something different. this. your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, like asap! so basically i can pick the right plan for each employee. yeah i should've just led with that. with at&t business. you can pick the best plan for each employee and get the best deals on every smart phone. you can pick the best plan for each employee today, business is a balancing act. you want your data to be protected and secured. and your customers want seamless and easy. with ibm, you can do both. your company can monitor threats across your clouds, address all those regulations, and still create all new experiences. trustworthy ai powered security. that's why so many businesses work with ibm. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got

i know it got pelotoned but let's talk about this. this is a cloud based company.merits leave without explanation. the fact that he could disappear one day doesn't sit well with me how can i buy stock with a company where they say they are making a fabulous transition when he's here today and gone tomorrow right about when they're about to do it, complete the transition i know splunk's market cap has already shrunk 24 billion in 2020 to 18 billion today but so what without transparency it's still a sell even after last year's 32% decline. for now splunk is simply the sound it makes on the way down i wonder if we have to go splunking to find doug fifth worst performer, docusign. this is more about a stock that flew too close to the sun than anything with the actual business docusign has completely digitized the process of signing documents like contracts when will be the right time to pounce but i'm put off by the valuations because this sells at nearly 60 times earnings over the center rate hike is on the way. that multiple will shrink even if the underlying earnin

peloton shares hovering close to the ipo price back in 2019 but peloton executives sold many of theirdrop insiders sold nearly $500 million worth of shares last year when the stock was trading above $100 john foley the company's ceo and co-founder sold $119 million worth of shares between the end of 2020 and the fall of 2021 most of the sales were for above $110 a share peloton did not respond to request for comment but according to sec filings he started a program in september of 2020 for, quote, personal financial management purposes selling 2.4 million shares of october and terminated that plan and last sale last august two months before the company slashed guidance and that caused that share price to decline by about a third. other peloton executives cashing in closer to the highs the chief legal and culture officer selling $9 omillion. the product product officer over $60 million and the coo $28 million. add that together with the board members who also sold a lot and total insider selling at peloton last year $496 million almost at a stock price at over $100 so looking back, tho

she's young. >> a heart attack on a peloton bike. peloton shares plunged when mr.the city spin-off series. >>> tv drama joining board room drama. taking a big stake in peloton demanding changes. the stock is trading below its ipo price. >> it's a household name. >> the pandemic has made so many of these peloton instructors almost famous, right. i mean, famous for all the right reasons. healthy, energetic, but the portrayal on tv hasn't been that positive. >> it's interesting. they filmed that scene before the one in "sex in the city." so both networks had the same idea. they dubbed in the part of mr. big after his demise. >> laura with the great detail. >> i'm up on my pop news this morning. >>> more here. adele gave disappointed fans quite a surprise. cnn's chloe joins us with more on this. chloe, so she had to cancel her shows. she was so upset as we saw. but i think she made up for it. >> p.s., i'm a big billions fan. laura, now that i know that you watch, you're going to see me in your dms, okay? >> i love it. >> we have to recap the show together. i love to st

stock number one peloton.s keep coming blackwells capital which has less than 5%, is pushing for peloton to fire its chairman and ceo john foley and consider selling the entire company shares of peloton have come ap apart. down 77% in the past six months. no comment from peloton or blackwells or foley yet. they have super voting shares of the stock. that means it would take significant pressure and stakes from other shareholders to make any changes at the company >>> stock number two kohl's and a possible bidding war days after $64 billion -- $64 per share bid. private equity firm sycamore partners is preparing an offer and reuters show the offer values kohl's at $9 billion or $65 per share. >>> number three, nelson peltz's hedge fund has built a sizable stake in unilever. that is part of the bid to ratchet up pressure on the consumer goods company the size and stake and timing of the buying are not known, but the move comes amid unilever's failed $68 billion consumer health business. in 2017, peltz's bought i

apple is down a percent and google is down we left off our conversation, kari, talking about peloton wanted to continue it's gotten hammered, as you know and i don't mean to rub it in or anything like that it's down 80% in the last year we questioned it so many times holders of the stock, do you still believe in it? should you stay in if you got in during the pandemic. you sold completely out of it and not suggesting that it happened today or yesterday, but it happened recently enough they think we should talk about it. yeah sure scott, despite the fact that we still love cody, jen and ben, yes, we did sell the stock and part of it is connected to what i had before and the last gains that we had in many names and as we took gains we were looking for losses and we had very few losses we bought peloton well into its decline the first time and when they announced that they were having trouble with shipments, deliveries and the orders were not as high as expected and we look forward and felt that supply chain issues and the cost side would continue to be a factor over the next few quarte

peloton, back to it, this has been an extraordinary ride watching the peloton stock, no pun intended. they're going to be asking people to pay an additional $250 for delivery and set up of the bike and an additional $300 for the tread. they say this is because of inflation and rising supply chain costs. the realts is they've faced a huge amount of pressure. the stock has taken a hit. actually on january 24th, jonathan, the stock is set to come out of the nasdaq 100. so it's been a difficult ride for peloton. >> so the winter olympics are just a few weeks away in beijing, and china has had a zero tolerance crackdown on covid. i saw today they're banning the sale of hamsters. they're not going to be selling any tickets to the winter olympics, but who is still allowed to attend the games and why? >> well, we still are waiting details on who exactly is going to be able to attend. but instead of making tickets available to the general public, those within china, they're only going to be distributing tickets to targeting groups. international spectaors are not invited at all. also worth not

. >> peloton hitting brakes on production. the fitness company's rough week on wall street. >>> a new push to crackdown on a massive rail theft problem in california. what we have learned. >>> here is a live look outside looking at the bay bridge. traffic is moving to speed, smooth sailing for drivers right now. we >>> 4:42. more trouble for peloton. amazon is getting ready to > ottough day on wall t. street, dow dropped 313 points. nasdaq skidded 186. s&p 500 lost 50. shares of net flix fell 20% in after hours trading. the streaming giant missed fourth quarter expectations for new subscribers and gave a grim view of future growth. revenue did jump to $17.7 billion. >>> shares of peloton tanked yesterday. the fitness company is planning to temporarily halt production of the bike and tread as demand wanes. the company had skyrocketed as gyms were closed early in the pandemic. >>> clicks to bricks. amazon opening its first brick and mortar clothing store. amazon style, a 30,000 square foot space, opens later this year in a mall

documents show that peloton plans to pause bike production in february and march. shares of peloton close to 25% down on thursday , erasing roughly $2.5 billion off of its market value. >>> a high-tech race is on among automakers. >> companies are trying to one up each other on self driving cars. >> reporter: this recent race in las vegas featured indy style cars, but there were no racecar drivers. the fully autonomous vehicles make their own decisions, when to pass. automakers are trying to bring the technology on display on this track to the road. >> we are finally getting closer to having self driving cards. >> reporter: many new cars have level two autonomous functions, including lane keeping assist. >> we step up to level three, that is where things start to get interesting. >> reporter: last year, honda introduced a vehicle that changes lanes on its own, and in a traffic jam, the driver can take their eyes off of the road. the gm super cruise let's drivers go hands-free and certain conditions. next year, they will release ultra cruise, which promises hands-fr

coming up, a difficult few months for peloton.indling demands with age comes more... get more with neutrogena® retinol pro plus. a powerful .05% retinol that's also gentle on skin. for wrinkles results in one week. neutrogena®. for people with skin. with my hectic life you'd think retirement would be the last thing on my mind. hey mom, can i go play video games? sure, after homework. thankfully, voya provides comprehensive solutions and shows me how to get the most out of my workplace benefits. what's the wifi password again? here...you...go. cool. thanks. no problem. voya helps me feel like i've got it all under control. because i do. oh she is good. voya. well planned. well invested. well protected. >>> peloton may be making changes as demand wanes for bikes and treadmills. recent challenges facing the company. nbc's blayne alexander has more. >>> you all look good. >> reporter: this morning workout giant peloton is facing an uphill climb, one of a few brands americans turned to in the early days of the pandemic that is now faci

this morning peloton interactive up 6 and a half percent.t of the market mixed searching for some direction following tough week and tough first two weeks of the year. the dow industrials up 37, the s&p 500 down 4 and a quarter. nasdaq down 60 points right now this morning, futures indicating mixed opening. all three major indices closed lower yesterday, dow industrials lower 300 points at the close. nasdaq in correction territory with decline. investors turning attention to next federal reserve meeting where all eyes will be on timeline, higher interest rates, monetary policy. joining us anderson capital management peter anderson. also joining the conversation all morning long fox business dagen mcdowell and the wall street journal assistant editorial page editor james freeman. great to see everybody this morning, thank you so much for being here. peter, kicking things off with you with a market that is focused on the federal reserve making bets about how many interest rates hike we will see, what might we learn from the fed meeting next we

tech stocks were watered including peloton which -- battered this week.flix scaling back its projections for sub subscriber growth. where does the stock go from here? and sony shares slumped after microsoft announced a mega-merger deal with activist vition -- activision blizzard. so, ben, another ugly week on wall street. how bad does this get? is this the end op the -- of the bull market? >> i don't think it's the end, but it really was a bloodbath. the s&p 500 had that its largest one week percentage decline since march 2020. goldman sachs down 10%, but the real damage was over at the nasdaq which dropped 14% from its all-time high and closed at its lowest level since june 2021 helped by netflix and, as you mentioned, peloton. elsewhere, oil rose for the week as did gold, silver and copper, and the bond market really isn't freaking out yet. as long as financial markets remain calm, i will too. jon -- jack: yeah. tech stocks have become a greater and greater weighting in in indexes over the past 10-12 years which has been great for investors, but now it

he acknowledged peloton is considering all options.o temporarily pause productions of bikes and treadmills after blistering demand the company found itself with too much inventory. and stock of another pandemic winner, netflix, dropped about 20%, down 20% after hours. fewer new subscribers in the fourth quarter. they will not add as many in the first quarter as expected. they blamed competition from rivals and not enough original programming early in the first quarter. it's not expecting any big new releases until later this year. if you're one of those squid games fans, the second season is coming. it's on the way. it plans to offset the slower growth with higher prices. it is raising prices in u.s. and canada. >> i personally am waiting for second season of "bridgerton". >> me too. we're more "bridgerton" speed than squid game. >> as if you're judging. if you're one of those squid game fans. >> i don't think you're a fan of it. bad things happen. but i watched it and appreciated it. but i just don't want to be judged. >> i will judge

. >>> peloton just can't catch a break. the latest tv character other than mr. big to suffer a heart attack while or after, in mr. big's case, biking. we discover exciciting new technologies. redefine who w we are and how e want to lead our lives. basically, choosose what we wat our future to look like. so what's yours going to be? when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering "seven things every medicare supplement should have". it's yours free, just for calling the number on your screen. and when you call, a knowledgeable licensed agent-producer can answer any questions you have, and help you choose the plan that's right for you. the call is free, and there's no obligation. you see, medicare covers only about 80% of your part b medical expenses. the rest is up to you! that's why so many people purchase medicare supplement insurance plans like t