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Transcripts for MSNBC Way Too Early With Jonathan Lemire 20240604 09:40:00

current quarter but also guiding to further strength in the years to come. the stock is trading up 10% today in free market trade, and it is up almost 220% year to date. on the flip side we had very disappointing results out of peloton. i don t know if you have one of those bikes but the stock dropped 20% yesterday. they warned about the profit outlook, and they said that they have started losing subscribers. they lost 29,000 paying members in the quarter, so not good news for peloton stock holders. we re over the covid exercise at home moment i guess. on a more serious note, there s a new estimate this morning on the cost of the devastating wildfires in hawaii. can you talk about the economic impact of this disaster and what it s going to take for maui s recovery? yes. well, moody s put out a note yesterday estimating that the total losses from the wildfires are estimated to be between 4 billion and $6 billion.

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