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☆ Move over teenage gamers – women wanting to get fit are the new frontier for VR headsets
▼ + stars: | 2023-07-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Some women wanting to get fit are turning to VR headsets, one firm told The Washington Post. VR headsets have received mixed reviews from consumers amid "underwhelming" sales for some devices. Back then, VR headsets were mainly marketed to young men, but some women in their mid-thirties and older are now taking an interest in the gaming headsets, Cole told The Washington Post. In March, Meta announced it was slashing the price of its VR headsets after "underwhelming" sales. Influencer Clarke Peoples, who's known for lifestyle and beauty content, shared her own VR workout recommendations to her nearly 500,000 followers in August.

Persons: Sam Cole, Cole, FitXR, —, Influencer Clarke Organizations: Washington Post, Apple, Post, VR, Meta, Influencer Clarke Peoples, Bloomberg, Vision Pro

☆ These are the 10 highest-paid CEOs in the U.S.—some pull in over $200 million a year
▼ + stars: | 2023-07-05 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

The highest-paid CEOs aren't all at major tech companies. Chief executives at Pinterest, Peloton and Hertz are out-earning Apple's Tim Cook, according to a new analysis published by the Wall Street Journal. The median pay for S&P 500 leaders dropped to $14.5 million last year, down from $14.7 million in 2021. Blackstone CEO Stephen Schwarzman topped the list of highest-paid leaders with a total compensation package of $253 million. The next CEO on the list, Sundar Pichai of Alphabet, Google's parent company, took home $226 million in 2022.

Persons: aren't, Hertz, Tim Cook, Stephen Schwarzman, Sundar Pichai Organizations: Pinterest, Wall Street, Wall, Bureau of Labor Statistics, Blackstone Locations: U.S

☆ Mix of calm and concern as cycling's Tour heads into riot-hit France
▼ + stars: | 2023-07-02 | by ( Julien Pretot | ) www.reuters.com time to read: +3 min

After a start in Bilbao, Spain, the Tour heads to France on Monday with visits to Bayonne, Dax, Pau and Bordeaux during the week. Foreign team members have confessed not knowing much about the situation in France, arguing they are in a 'bubble' on the Tour de France. Tour de France organisers say they are ready to adjust to any situation. "I don't really have any comment on it, that's one for the authorities who are working very hard," Rod Ellingworth, the racing director of the Ineos-Grenadiers team, told Reuters. "The organisers did not even mention it at the team meeting (before the start of the race).

Persons: Prudhomme, Rod Ellingworth, Philippe Mauduit, Adrien Petit, Julien Pretot, Christian Radnedge Organizations: SEBASTIAN, Tour de, Tour de France, de France, State, Grenadiers, Reuters, Citroen, Thomson Locations: Spain, Bilbao, France, Bayonne, Dax, Pau, Bordeaux, North

☆ Full-time Airbnb hosts who work between 2 and 15 hours a week on their portfolios share 5 tools that help them improve efficiency and free up more time
▼ + stars: | 2023-07-02 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Full-time Airbnb hosts Kent He and Nathan Turner are efficient with their time. He spends 2-3 hours a week managing his properties, while Turner spends no more than 15 hours. "We probably only work 10 to 15 hours a week," said Nathan, who used to deliver for FedEx. The Turners and He shared five tools they use that help them work efficiently on their Airbnb businesses and free up more time. You may have the most unique Airbnb property, but if you don't properly market it, guests might never see.

Persons: Nathan Turner, Turner, Rankbreeze, doesn't, Nathan, Taniera Turner, Taniera, —, Monday.com Turner, Airbnb, I'm, It's, they'll Organizations: Kent, FedEx, Marriott, Google Locations: San Diego, Scottsdale , Arizona, Houston, Scottsdale, PriceLabs

☆ I quit my corporate job and moved to Lisbon, Portugal. I'm happier now I've abandoned the American Dream.
▼ + stars: | 2023-07-01 | by ( Zinya Salfiti | ) www.businessinsider.com time to read: +7 min

She relocated from the US to Lisbon after giving up the American Dream of a corporate job and house. I'm a financial coach and run my seven-figure business full-time from Portugal, where I moved in May. I paid them one month's rent, too. The average rent in Portugal is around $1,000 and Lisbon is one of the most expensive areas – you could find lower. If you go to a nice restaurant in Lisbon, you're going to be paying 30 to 40 euros a plate.

Persons: Delyanne Barros, —, I'd, I'm, I've, that's Organizations: Service, Investments Locations: Portugal, Lisbon, America, New York City, San Francisco, Portuguese

☆ Tour de France 2023: Rider safety in the spotlight after death of Gino Mäder
▼ + stars: | 2023-06-30 | by ( Ben Morse | ) edition.cnn.com time to read: +9 min

In June, Swiss rider Gino Mäder died aged 26 following a crash on the fifth stage of the Tour de Suisse. Gino Mäder competes in the fourth stage of the 2023 Tour de Suisse. “I think especially for everyone who was at the race [Tour de Suisse], that was pretty hard hitting,” the British rider told reporters on Wednesday. A pedestrian walks past a giant yellow jersey ahead of the 110th edition of the Tour de France in Bilbao. Goyvaerts/AFP/BELGA/Getty ImagesElsewhere, 2019 Tour de France champion Egan Bernal is competing in his first Grand Tour event since suffering serious injuries in a crash last year.

Persons: CNN —, Gino Mäder, Mäder, Magnus Sheffield, Dario Belingheri, Adam Hansen, Associés, Hansen, it’s, ” Hansen, “, Tom Pidcock, Ineos, we’re, Joel Sagat, ” Jonathan Vaughters, ”, we’ve, –, Marco Bertorello, Jonas Vingegaard, Dauphiné, Vingegaard, Jumbo –, Tadej, Pogačar, Egan Bernal Organizations: CNN, de France, Tour de Suisse, de Suisse, Tour de France, CNN Sport, –, Suisse, Getty, CPA, Union Cycliste Internationale, Post, Guardian, “, UAE Emirates, Goyvaerts, de, USA Network, NBC, Eurosport, ITV Locations: Swiss, La Punt, Chur, 100kph, lycra, AFP, Dauphine, Switzerland, France, Bilbao, Spain, Paris, Danish, Slovenian, Pogačar, UAE

☆ Top Donor Provided Ron DeSantis, an Avid Golfer, With a Costly Simulator
▼ + stars: | 2023-06-21 | by ( Alexandra Berzon | Maggie Haberman | ) www.nytimes.com time to read: +3 min

A list of the mansion’s acquisitions that was provided by the governor’s office included rugs and a Peloton bike donated to a previous administration. On the campaign trail, Mr. DeSantis, an avid golfer, has been playing up his working-class roots in an effort to connect with voters in early voting states. His appointment predated Mr. DeSantis’s first term in office, but he was reappointed by Mr. DeSantis in 2021. The front-runner, Mr. Trump, has repeatedly sought to draw attention to Mr. DeSantis’s use of private donor planes. Jason Miller, a Trump aide, reacted to the news reports on Wednesday on Twitter, saying it was “Ron DeSantis’ Florida Swamp in Action!”

Persons: DeSantis, Donald J, Trump, Hosseini, Jeremy Redfern, ” Mr, Redfern, DeSantis’s, James Uthmeier, Jason Miller, Ron DeSantis Organizations: Republican, New York Times, ICI Homes, University of Florida, Mansion Commission, Twitter Locations: Florida, South Carolina, New Hampshire, Milwaukee

☆ Three-Stock Lunch: FDX, EGO & PTON
▼ + stars: | 2023-06-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: FDX, EGO & PTONQuint Tatro, Joule Financial founder, joins ‘Power Lunch’ to discuss three stocks: FedEx, Winnebago and Peloton.

Persons: PTON Quint Tatro Organizations: Joule Financial, FedEx Locations: Winnebago

☆ 2023 Amazon Prime Day dates confirmed, early deals, and how to get a $99 4K TV
▼ + stars: | 2023-06-21 | by ( Brendan Griffiths | Senior Commerce Director | ) www.businessinsider.com time to read: +3 min

Amazon has just confirmed the Prime Day dates for this year's summer sale, along with announcing a range of early deals you can shop already right now. Amazon Prime Day 2023 will occur over 48 hours on July 11th and 12th. Expect fresh Prime Day deals to land on the second day, and new Lightning Deals will be unleashed throughout the event. Amazon's invite-only Prime Day dealsAmazon has said that the broader Prime Day deals will include top discounts from brands like Lancôme, Kérastase, Peloton, Victoria's Secret, YETI, The Drop, Sony, D'Amelio Footwear, OPI, and Alo Yoga. Early Prime Day deal highlightsAmazon Prime 30-Day Free Trial New and eligible returning members can try Prime for 30 days, free.

Persons: There's, you'll, Amazon's, Alo Yoga, you've, we've Organizations: Amazon, Omni, Sony, D'Amelio Locations: Kérastase

☆ Mader dies after ravine crash on Tour de Suisse
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +2 min

June 16 (Reuters) - Swiss rider Gino Mader has died after crashing into a ravine on the descent towards the finish line in Thursday's stage five of the Tour de Suisse, his team Bahrain Victorious said on Friday. Mader, 26, crashed on the descent towards La Punt and fell into a ravine where he was found unresponsive by the race doctor and resuscitated before being air-lifted to hospital. In a Bahrain Victorious statement, team managing director Milan Erzen said: "We are devastated by the loss of our exceptional cyclist, Gino Mader. Mader joined the Bahrain Victorious team in 2021 and won a stage of the Giro d'Italia that year. Stage five of the Tour de Suisse had raised some eyebrows in the peloton because of its fast descent near the finish.

Persons: Gino Mader, Bahrain Victorious, Gino couldn't, Mader, Magnus Sheffield, Milan Erzen, Erzen, Gino, Remco Evenepoel, Martyn Herman, Rohith Nair, Toby Davis Organizations: Tour de Suisse, Bahrain, La, Ineos Grenadiers, Bahrain Victorious, CPA, Twitter, Thomson Locations: Swiss, Chur, La Punt, Bahrain, Espana, London, Bengaluru

More stocks left behind in the recent rally are starting to catch up to their peers. The S & P 500 and the Nasdaq Composite have reached their highest levels since April 2022, but that rally has mainly benefited tech stocks. Now, however, more stocks are starting to participate in the rally, including names that took a huge beating last year after the rise in interest rates dented their prospects. The online used car retailer skyrocketed 81% in June through Wednesday, and is higher by almost 400% this year. However, that's changing, with Peloton jumping 11% this year, though the stock remains 45% off its 52-week highs.

Persons: Tesla, Carvana, Russell, Wayfair, Ygal Arounian, Arounian, gymgoers, WeWork Organizations: Nasdaq, Microsoft, Apple, CNBC, Citi, Match, Nordstrom

☆ A 34-year-old created 2 bachelorette-themed Airbnbs that have brought in a combined $243,000 this year. Take a look inside the successful listings that he spent months and hundreds of thousands of dol
▼ + stars: | 2023-06-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

Kent He bought his first investment property in 2021 and turned it into a bachelorette-themed Airbnb. He and his wife bought their first investment property in August 2021 and spent three months converting it into a bachelorette-themed Airbnb. He owns three investment properties, two of which are bachelorette-themed Airbnb properties in Scottsdale. The bachelorette-themed Airbnb includes a beauty bar. Courtesy of Kent HeWhen Airbnb users have so many options to choose from, you want your property to stand out.

Persons: Kent, Scottsdale , Arizona —, PriceLabs, He, Kent He, — Locations: Scottsdale , Arizona, Scottsdale, niching

☆ Alo Yoga says it's the 'Tesla' of athleisure, and it's loosening Lululemon's grip on Gen Z
▼ + stars: | 2023-06-07 | by ( Leslie J. Allen | ) www.businessinsider.com time to read: +5 min

Alo Yoga's "studio-to-street" fitness clothes are a hit with Gen Z and Gen Alpha, the Wall Street Journal reports. Segment leader Lululemon faces growing competition not just from upstarts like Alo, but also legacy brands like Nike. Alo Yoga is building a following among two key demographics, Gen Zers, loosely defined as those born between 1997 and 2012, and their younger counterparts, Gen Alpha, according to an article in The Wall Street Journal. Alo YogaAlo's growth was boosted by influencers and its digital rootsAlo Yoga started in Los Angeles in 2007. It's created openings for others beyond Alo, but Alo certainly has started to set itself apart as a power brand in its own right."

Persons: Alo Yoga's, Gen Z, Alpha, Alo, —, Lululemon, Alo Yoga, Gen Zers, Gen Alpha, it's, I'd, Andrew Lipsman, Lipsman, Hailey Bieber, Bella Haddad, Budrul Chukrut, Danny Harris, Wall, It's, Lisman Organizations: Wall Street, Nike, Service, Street, Intelligence, influencers, Ford, GM, Chrysler Locations: Los Angeles, China, Alo

☆ Make Way for the Bike Bus
▼ + stars: | 2023-06-06 | by ( John Surico | ) www.nytimes.com time to read: +1 min

On a recent Wednesday morning in Williamsburg, Brooklyn, parents and children met up in McCarren Park with all manner of wheels: electric cargo bikes, scooters, tricycles, classic cruisers. Along the way, other families, tracking the group’s location, joined the slow-moving peloton, also known as the “bike bus.”The bike bus is an increasingly popular way to get to school. Gradually, it made its way stateside and to the Metropolitan area. Some fans have nicknamed the movement “kidical mass,” a play on a cycling event where groups spontaneously take over the streets. When Drury Thorp, a teacher at Watchung Elementary School in Montclair, N.J., read an article about a “bike bus” in Portland, Ore., she reached out to a local cycling group, and they charted a route.

Persons: Pharrell Williams, Drury Thorp Organizations: Watchung Elementary School Locations: Williamsburg , Brooklyn, Brownsville , Brooklyn, Bergen Street, Rockaway, Boerum, Barcelona, Montclair , N.J, Portland ,

☆ A 34-year-old who achieved financial independence and quit his day job after setting up 2 bachelorette-themed Airbnbs in Scottsdale explains how he uses data to find 'outsized opportunities'
▼ + stars: | 2023-05-28 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

When Kent He decided to invest in short-term rentals, he started looking at data. To find a market to invest in, he looked at rental demand using AirDNA. It took about six months from the time he started looking at markets to when he closed on his first property. In this particular example, the rental demand score is 81. In 2021, when he first started looking at markets, "the demand was right around 66 to 68," he noted.

☆ Peloton aims to rebrand as a fitness company for all with focus on app, tiered subscription pricing
▼ + stars: | 2023-05-23 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +7 min

The ad solidified Peloton's nascent identity as a high-end bike company reserved for a certain type of person at a certain income level. "This company historically has been thought of as an in-home bike company for fitness enthusiasts but over the years, it has evolved into something that is much more bigger, much broader than that." The relaunch includes a "Gym" function that allows users to take Peloton's app into the gym with them and create custom workouts. 2 among those who have Peloton hardware. It shows how eager users are to consume Peloton content that has nothing to do with its equipment.

☆ Recalled Peloton treadmills get US regulator approval for repair
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - The U.S. Consumer Product Safety Commission (CPSC) on Thursday approved a repair for a rear guard of Peloton Interactive Inc's (PTON.O) recalled 'Tread+' treadmill. "The approved rear guard repair eliminates the potential for entrapment near the rear roller of the treadmill," the safety regulator said in a statement. "The rear guard repair features a breakaway design that pivots away from the treadmill when it comes into contact with a person or object, shutting off power to the unit and decelerating the belt." To date, in addition to the reported death, Peloton has received a total of 351 incident reports of pull-unders, including 90 reports of injuries to consumers, according to the CPSC. Peloton will offer the guard free of charge to all members who own a 'Tread+', the virtual workout company said in a statement on its website.

☆ Peloton will offer safety guard for recalled Tread+ treadmill
▼ + stars: | 2023-05-18 | by ( Natasha Piñon | ) www.cnbc.com time to read: +2 min

Maggie Lu uses a Peloton Tread treadmill during CES 2018 at the Las Vegas Convention Center on January 11, 2018 in Las Vegas, Nevada. Peloton said Thursday that it would release a rear safety guard for its Tread+ treadmill, working with the U.S. Consumer Product Safety Commission. The Tread+ treadmill has been at the heart of safety concerns surrounding Peloton in recent years. Sales for the treadmill have been halted since a young child died under a Tread+ treadmill in 2021. The safety guard will be offered free of charge to people who own a Tread+ treadmill, the company said in a release.

☆ Peloton shares plunge after CPSC recalls more than 2 million bikes
▼ + stars: | 2023-05-11 | by ( Natasha Piñon | ) www.cnbc.com time to read: +2 min

Peloton shares tumbled Thursday after the U.S. Consumer Product Safety Commission said it is recalling 2.2 million of the company's bikes over injury and fall concerns. The seat post on Model Number PL01 bikes can detach and break unexpectedly during use, according to Peloton and the CPSC. There were 12 reported injuries, including one wrist fracture, related to the part defect, according to an internal Peloton memo. "For Peloton, it was important to proactively engage the CPSC to address this issue and to work swiftly and cooperatively to identify a remedy." The news comes a week after the company reported a wider-than-expected loss for its fiscal third quarter.

☆ Stocks making the biggest moves midday: PTN, BYND, GOOGL, PACW and more
▼ + stars: | 2023-05-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The entertainment giant also reported revenue and earnings in line with Wall Street's estimates, according to Refinitiv. AppLovin — Shares popped 23.53% following the company's first-quarter revenue beat. Unity Software's revenue of $500 million beat the $480 million expected from analysts polled by Refinitiv. Tapestry — Shares of the Coach parent jumped 8.27% after the company reported stronger-than-expected earnings and revenue for its latest quarter. Its first-quarter revenue came in at $441 million, versus analyst estimates of $425 million, according to Refinitiv.

☆ Peloton recalls more than 2 million of its original $1,400 bikes after reports that the seat posts can break, causing lacerations and bruises
▼ + stars: | 2023-05-11 | by ( Ben Tobin | ) www.businessinsider.com time to read: +3 min

Peloton is recalling more than 2.1 million of its original bike products, the company announced. The seat posts of dozens of these bikes suddenly broke, causing injuries, per the company. This recall does not impact Peloton Bike+ Members nor Peloton original Bike owners in the UK, Germany, and Australia, according to the company. The company is offering free, updated seat posts to all US Peloton original Bike owners, which can be installed at home, according to Peloton. Do you work for Peloton or own Peloton's original bike?

☆ Groves wins chaotic Giro stage five after dog causes Evenepoel crash
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +3 min

May 10 (Reuters) - Favourite Remco Evenepoel crashed twice on stage five of the Giro d'Italia on Wednesday, the first time after a dog strayed on to the road in treacherous conditions caused by driving rain, before Kaden Groves won the stage in a bunch sprint. The second crash did not affect Evenepoel's time as it happened inside the three-km mark, effectively neutralising the general classification times. But the crash left the Belgian world champion fuming while the rest of the bunch surged ahead and Alpecin–Deceuninck's Groves dominated the sprint to win the stage. The breakaway trio of Thomas Champion, Samuele Zoccarato and Stefano Gandin had built up a head of steam before they were absorbed by the peloton with seven km to go. Just super bad luck, with the second crash," he said.

☆ Google is bringing an AI chatbot to search results. Here's what it's like
▼ + stars: | 2023-05-10 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

With the update, the look and feel of Google Search results will be noticeably different. Users can now sign up for a waitlist for the new Google Search, which will first launch in the United States, via the Google app or Chrome’s desktop browser. The new Google Search also offers a Perspectives feature to showcase what other people are buying or thinking about, and factoring that into results. Like ChatGPT, the new Google Search and Bard are built on a large language model. Google previously told CNN that Bard would serve as a separate, complementary experience to Google Search, and planned to “thoughtfully” add large language models to search “in a deeper way” at a later time.

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Berkshire Hathaway, Coinbase, Disney & more
▼ + stars: | 2023-05-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: Deutsche Bank reiterates Apple as buy Deutsche said it's standing by its buy rating on the stock after reviewing Apple's quarterly 10-Q filing. JPMorgan upgrades American to overweight from neutral and downgrades Southwest to neutral from overweight. JPMorgan initiates Alcoa as overweight JPMorgan said in its initiation of Alcoa that it sees a "favorable aluminum metal pricing environment in the coming years." Bank of America upgrades Fortinet to buy from neutral Bank of America said the cybersecurity company has solid fundamentals. JPMorgan upgrades Scotts Miracle-Gro to overweight from neutral JPMorgan said the fertilizer company is a "reasonable investment."

☆ BMO's Simeon Siegel on upgrading Peloton to market perform
▼ + stars: | 2023-05-08 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBMO's Simeon Siegel on upgrading Peloton to market performSimeon Siegel, BMO Capital Markets, joins 'Power Lunch' to discuss BMO upgrading Peloton to market perform from underperform.

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