Weekly news digest. Quarterly reports were published by Palantir Technologies, Rivian Automotive, Peloton Interactive, and Affirm Holdings. Wells Fargo decreased General Motors' rating.
Peloton announced it is restructuring its business: it has a new CEO and a restructuring programme that will reduce costs. What is the company's goal? Is Peloton aiming for a new business level, or is it preparing for a more attractive takeover?
Weekly news digest. Walt Disney and Twitter released their quarterly reports. NVIDIA and Arm confirmed that their deal was called off. Peloton announced the change of its CEO and the reboot of its business. The article presents the main report details and the reaction of the shares of the companies to the reports.
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