Bloomberg Line recalled in a report that Blackwells Capital LLC last month demanded that the firm fire co-founder and CEO John Foley, and that giants such as Apple, Nike and Walt Disney were looking at buying Peloton.
Likewise, last Friday important US newspapers assured that Amazon and Nike are analyzing moving forward with this operation.
According to Bloomberl Line, some analysts see an acquisition of Amazon as difficult since the technology company aims at mass consumption, while Peloton produces for a “premium” segment. At the same time, others see a transaction by Apple as more feasible due to its interest in health initiatives.
The main indices of wall street erased early Monday gains and moved lower; the technological Nasdaq leads the losses, with a decline of 0.3%.
The benchmark got off to a rocky start to the month after Facebook-owner Meta Platforms lost $200bn of market value following disappointing results last week, while Amazon gained the same on its plans to boost its Prime subscription fee.
Meanwhile, of the 278 S&P 500 companies that had posted earnings as of Friday, 78.4% reported results above analyst expectations, according to Refinitiv data.
Source: Ambito
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