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A couple of big stories this morning. Peloton pricing the ipo. Price tag at 29 a share raising about 1. 6 billion now valued at roughly 8. 1 billion makes about a billion in revenue but loses 245 million annually. Now under the ticker pton. The peloton ceo will join us live this morning. If you have questions sen them in peloton. 245 million in losses well talk about the math of that and where they see profits and what it all means. Does anyone know about the treadmill . I do. It is expensive. It is about 4,000 the bike is about 2,000 plus. I have one. The bike is quite a piece of equipment. It is heavy. It is really well made i just got one two weeks ago. You can have someone screaming at you you can go outside. It is there, all free. Eamon javers is with us the hardware is a highmargin product. Higher now than an iphone. It is the services and the investment and the media component costing them they are doing a lot of build outs is that recurring cost or eventually be built out . The ....
A factor. They need to slowdown. This roadway is straight, but its dark out here. Its only two lanes. One in either direction. They just need to slow down. The parents of three children are the ones who died. The other adult in that car survived, but we dont know his relation to the kids. All four of them are being treated at tracy hospital for minor injuries. The driver of the other vehicle survived and was the only person in his car. Hes in the hospital right now, but the kids are ages 10, 9, and 2. Chp trying to figure out the cause of this crash. In discovery bay, jaime warren. The weekend strong storms are giving one bay area river the kick start it needed. Heres a look at it in currentville. Today, its expected to [indiscernible]. [chain saw] heavy rain keeps part of the highway were closed as crews used chain saws to clean up the mess. Heavy rains brought a Bay Area College town a sinkhole that wont quick. Kpix kiet do is ....