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High Risk, High Reward - I Expect Range Resources To More Than Double In The Years Ahead

High Risk, High Reward - I Expect Range Resources To More Than Double In The Years Ahead
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Indonesia Emerges as Second Largest Cobalt Producer -- Commodities Roundup

MARKET MOVEMENTS:

Brent crude oil fell 1.4% to $76.39 a barrel.

European benchmark gas fell 1.1% to EUR36.06 a megawatt-hour.

LME copper prices fell 1.2% to $8,508.50 a metric ton.

Gold futures edged down 0.3% to $2,037.40 a tro. | 06:48am ....

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Peloton Interactive, Inc. (NASDAQ:PTON) - Peloton Analysts Bullish After Earnings Beat: 'Recalls Not As Bad As Feared'

Share:
Peloton Interactive Inc (NASDAQ: PTON) shares rebounded by 2.6% on Friday after the company reported impressive fiscal third-quarter sales growth and assured investors it’s working quickly to resolve safety issues with its treadmills.
For the fiscal third quarter, Peloton reported a 3-cent EPS loss, beating the 12-cent loss analysts had expected. Peloton also reported $1.26 billion in revenue, ahead of the $1.1 billion consensus analyst estimate. Revenue was up 141% from a year ago.
Peloton reported $1.02 billion in connected fitness revenue, up 140%. The company also reported $239.4 million in subscription revenue in the quarter, up 144%.
Peloton’s earnings report comes the same week the company issued a recall of all of its treadmill products that the company said will have a $165 million impact on its fiscal fourth-quarter sales. Peloton is now guiding for $915 million in fourth-quarter revenue. ....

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