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Peloton fixes flaw on bikes that could have let bad actors access tablets
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Properties Wooing Travelers Who Want To Maintain Their Peloton Workouts
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The big trend defining markets right now as long-end interest rates crawl ever higher is the bias toward the value side of the market over the growth side.
Another way to state this same dynamic is this: a bias toward stocks that will show a jump in cash flows as society reopens upon our approach to a vaccine-induced state of Covid-19 herd immunity.
One of the most important areas in that constellation of concepts is the physical fitness space.
And one of the most important reasons to love this space at this point isnât simply that people will be returning to normal consumer behavior in the year ahead (versus the year behind), but because we have seen enormous consolidation in the space over the past year due to financial stress.
There are cheaper alternatives to Peloton
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If you want an indoor cycling workout, but shudder at the price of a Peloton, there are some cheaper alternatives. (Getty Images)
Indoor cycling is all the rage these days, with Peloton leading the very pricey charge to get a bike into every home. Although gyms and spin studios are starting to open back up, there s much to be said for the convenience of working out on your own schedule, without having to go someplace.
But do you really have to pay $1,895 for a Peloton Bike or $2,495 for its step-up Bike Plus, along with $39 a month for classes? Thankfully: no. There are plenty of indoor bikes that cost less. Below we ve rounded up several Peloton alternatives, including one that s free (sort of).
Photo courtesy of Peloton
Just a day after Peloton recalled its treadmills, the company reported beating its third-quarter revenue expectations by $140 million.
Yesterday, Peloton announced that it is pulling its Tread and Tread+ after more than 70 injuries and one child death were reported in relation to the product.
The company said it is working with the Consumer Product Safety Commission, which has been pushing for the recall for more than a month, to build additional safety features into the treadmills and will be delaying the launch of the Tread in the United States, which was originally set to roll out May 27.
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