Name: Peloton taking corrective actions to boost profitability, CEO says
Uploaded: 2022-01-21T16:58:10Z
Duration: P320S
Description: Yahoo Finance's Brad Smith and Akiko Fujita discuss Peloton stock's low performance and the actions the company is taking to improve.

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Finance

Snap Inc. (<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/SNAP?.tsrc=fin-srch">SNAP</a>) <a data-i13n="cpos:2;pos:1" href="https://finance.yahoo.com/video/snap-stock-surges-positive-q2-205257652.html">delivered a strong performance in the first quarter,</a> surpassing earnings estimates on both the top and bottom lines. The company reported adjusted earnings of $0.03 per share, beating analyst expectations of a $0.05 per share loss. Additionally, Snap's revenue came in at $1.19 billion, topping the $1.12 billion estimate.
Third Bridge Global Sector Lead for Technology, Media, and Telecom Scott Kessler joins Yahoo Finance to provide better insight into Snap's results. Snap shares are blasting off in Thursday after-hours trading.
Kessler characterizes Snap's first quarter as "a rollercoaster," acknowledging that while the stock is up, "there's been a lot of volatility" to the downside. He attributes the company's success to its focus on "rearchitecting their advertising technology infrastructure," enabling them to effectively monetize e-commerce opportunities.
Kessler highlights Snap's efforts to grow its user base "outside of developed markets" as another strategic priority. However, he notes that these markets are "much harder to monetize," describing the challenge as "not an easy nut to crack."
Nonetheless, Kessler remains optimistic, finding that investors "should feel pretty good about the performance and the outlook."
For more expert insight and the latest market action, click <a data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode of Yahoo Finance.
This post was written by <a data-i13n="cpos:4;pos:1" href="https://www.yahoo.com/author/angel-smith/">Angel Smith</a>.

Snap Inc. (SNAP) delivered a strong performance in the first quarter, surpassing earnings estimates on both the top and bottom lines. The company reported adjusted earnings of $0.03 per share, beating analyst expectations of a $0.05 per share loss. Additionally, Snap's revenue came in at $1.19 billion, topping the $1.12 billion estimate. Third Bridge Global Sector Lead for Technology, Media, and Telecom Scott Kessler joins Yahoo Finance to provide better insight into Snap's results. Snap shares are blasting off in Thursday after-hours trading. Kessler characterizes Snap's first quarter as "a rollercoaster," acknowledging that while the stock is up, "there's been a lot of volatility" to the downside. He attributes the company's success to its focus on "rearchitecting their advertising technology infrastructure," enabling them to effectively monetize e-commerce opportunities. Kessler highlights Snap's efforts to grow its user base "outside of developed markets" as another strategic priority. However, he notes that these markets are "much harder to monetize," describing the challenge as "not an easy nut to crack." Nonetheless, Kessler remains optimistic, finding that investors "should feel pretty good about the performance and the outlook." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith.

Snap's Q1 earnings beat fueled by ad tech revamp: Analyst

Raymond James Financial (<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/RJF?.tsrc=fin-srch">RJF</a>) reported its second-quarter earnings revealing revenue of $3.12 billion, which was up 9% year-over-year, just $10 million shy of quarterly estimates. Inversely, the investment bank eked out gains of $2.31 per share (compared to expectations of $2.30). Despite missing out on top-line expectations, the company reported a new record in client assets valued at $1.45 trillion.
Raymond James CEO Paul Reilly joins Market Domination to give insight into his company's performance and the secrets behind his success. Reilly has named Raymond James CFO Paul Shoukry to be his successor as chief executive, taking over the position when Reilly plans to retire in October 2025.
Reilly names his two biggest accomplishments in his tenure as CEO:
"Our big increase in technology, which has paid off, really making the best platforms for wealth advisors anywhere. The second, I haven't messed up the culture yet. We've had 63 years of this tremendous culture, really started by Bob James and institutionalized by Tom James. And through my whole stay, culture has been number one. It's a very family feel firm even for a big firm. Everybody is on a first-name basis. Adviseos aren't afraid to reach out directly to me or anyone else here. And that was also critical as we picked my successor."
For more expert insight and the latest market action, click <a data-i13n="cpos:2;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode of Market Domination.
This post was written by <a data-i13n="cpos:3;pos:1" href="https://www.yahoo.com/author/nicholas-jacobino/">Nicholas Jacobino</a>

Raymond James Financial (RJF) reported its second-quarter earnings revealing revenue of $3.12 billion, which was up 9% year-over-year, just $10 million shy of quarterly estimates. Inversely, the investment bank eked out gains of $2.31 per share (compared to expectations of $2.30). Despite missing out on top-line expectations, the company reported a new record in client assets valued at $1.45 trillion. Raymond James CEO Paul Reilly joins Market Domination to give insight into his company's performance and the secrets behind his success. Reilly has named Raymond James CFO Paul Shoukry to be his successor as chief executive, taking over the position when Reilly plans to retire in October 2025. Reilly names his two biggest accomplishments in his tenure as CEO: "Our big increase in technology, which has paid off, really making the best platforms for wealth advisors anywhere. The second, I haven't messed up the culture yet. We've had 63 years of this tremendous culture, really started by Bob James and institutionalized by Tom James. And through my whole stay, culture has been number one. It's a very family feel firm even for a big firm. Everybody is on a first-name basis. Adviseos aren't afraid to reach out directly to me or anyone else here. And that was also critical as we picked my successor." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

Story behind Raymond James CEO's path to record client assets

Shares of Intel (<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/INTC?.tsrc=fin-srch">INTC</a>) are lower in after-hours trading on Thursday <a data-i13n="cpos:2;pos:1" href="https://finance.yahoo.com/video/intel-stock-falls-disappointing-q2-203700493.html">after the company posted its first-quarter earning</a>s, revealing a revenue of $12.72 billion, a gain of 8.8% year-over-year. Revenue narrowly beat estimates of $12.71 billion, however, the company <a data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/news/intel-earnings-135825817.html">missed out on estimates for its second-quarter forecast</a>, placing revenue between $12.5 billion to $13.5 billion against an expected $13.63 billion.
While Intel may be down, some still believe the chipmaker is certainly not out.
The Futurum Group Chief Market Strategist Cory Johnson joins Market Domination Overtime to discuss Intel's earnings and how the company may still be able to turn it around.
Johnson elaborates on why Intel is in such a strong position:
"They have received <a data-i13n="cpos:4;pos:1" href="https://finance.yahoo.com/video/intel-awarded-8-5b-chips-134332578.html">more money from the CHIPS Act </a>than anyone else out there, so they are in a really strong position building out their facilities all over the country, particularly in Columbus, Ohio... They are clearly pushing ahead really fast... that is good for the foundry business... The foundry business ultimately is going to be very difficult to do, but they're pushing ahead at really having cutting-edge foundry services and as you mentioned, in the angstrom levels at the real cutting-edge, which we haven't had in this country for many, many years."
For more expert insight and the latest market action, click <a data-i13n="cpos:5;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode of Market Domination Overtime.
This post was written by <a data-i13n="cpos:6;pos:1" href="https://www.yahoo.com/author/nicholas-jacobino/">Nicholas Jacobino</a>

Shares of Intel (INTC) are lower in after-hours trading on Thursday after the company posted its first-quarter earnings, revealing a revenue of $12.72 billion, a gain of 8.8% year-over-year. Revenue narrowly beat estimates of $12.71 billion, however, the company missed out on estimates for its second-quarter forecast, placing revenue between $12.5 billion to $13.5 billion against an expected $13.63 billion. While Intel may be down, some still believe the chipmaker is certainly not out. The Futurum Group Chief Market Strategist Cory Johnson joins Market Domination Overtime to discuss Intel's earnings and how the company may still be able to turn it around. Johnson elaborates on why Intel is in such a strong position: "They have received more money from the CHIPS Act than anyone else out there, so they are in a really strong position building out their facilities all over the country, particularly in Columbus, Ohio... They are clearly pushing ahead really fast... that is good for the foundry business... The foundry business ultimately is going to be very difficult to do, but they're pushing ahead at really having cutting-edge foundry services and as you mentioned, in the angstrom levels at the real cutting-edge, which we haven't had in this country for many, many years." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino

Intel's chip sector strength is undiminished: Strategist

Microsoft (<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/MSFT?.tsrc=fin-srchv">MSFT</a>) reported third quarter earnings that <a data-i13n="cpos:2;pos:1" href="https://finance.yahoo.com/news/microsoft-earnings-182643613.html">topped Wall Street estimates </a>on both the top and bottom lines, with its intelligent cloud revenue revenue posting surprising strength. As a result, shares of the tech giant are higher Thursday after the market close. CFRA Research Senior Equity Analyst Angelo Zino joins Market Domination Overtime to discuss Microsoft's results.
Zino attributes Microsoft's success to its strategic investments in cloud and artificial intelligence (AI) technologies, which have enabled the company to effectively monetize those offerings. He highlights that this achievement is not sector-wide, giving Microsoft a distinct competitive advantage and saying the strong numbers are likely to continue into 2025.
Addressing the potential impact of Microsoft's Copilot on its financial performance, Zino says "that's going to take time." He explains that the company still faces the challenge of persuading customers to adopt and "pay for these Copilots," an issue that extends beyond Microsoft to the entire enterprise software industry.
For more expert insight and the latest market action, click <a data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode of Market Domination Overtime.
This post was written by <a data-i13n="cpos:4;pos:1" href="https://www.yahoo.com/author/angel-smith/">Angel Smith</a>.

Microsoft (MSFT) reported third quarter earnings that topped Wall Street estimates on both the top and bottom lines, with its intelligent cloud revenue revenue posting surprising strength. As a result, shares of the tech giant are higher Thursday after the market close. CFRA Research Senior Equity Analyst Angelo Zino joins Market Domination Overtime to discuss Microsoft's results. Zino attributes Microsoft's success to its strategic investments in cloud and artificial intelligence (AI) technologies, which have enabled the company to effectively monetize those offerings. He highlights that this achievement is not sector-wide, giving Microsoft a distinct competitive advantage and saying the strong numbers are likely to continue into 2025. Addressing the potential impact of Microsoft's Copilot on its financial performance, Zino says "that's going to take time." He explains that the company still faces the challenge of persuading customers to adopt and "pay for these Copilots," an issue that extends beyond Microsoft to the entire enterprise software industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith.

Microsoft is monetizing AI right now: Analyst

March's <a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/video/gdp-not-number-worry-pce-164512547.html">Personal Consumption Expenditures (PCE) index</a> — the Federal Preserve's preferred inflation gauge — is due out tomorrow morning, as many other companies prepare to publish their latest earnings figures, including oil giants ExxonMobil (<a data-i13n="cpos:2;pos:1" href="https://finance.yahoo.com/quote/XOM?p=XOM">XOM</a>) and Chevron (<a data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/quote/CVX">CVX</a>).
Yahoo Finance's <a data-i13n="cpos:4;pos:1" href="https://www.yahoo.com/author/julie-hyman/?.tsrc=fin-srch">Julie Hyman</a> and <a data-i13n="cpos:5;pos:1" href="https://www.yahoo.com/author/jared-blikre/">Jared Blikre</a> list the top headlines and data investors should be paying attention to on Friday, April 25.
For more expert insight and the latest market action, click <a data-i13n="cpos:6;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode.
This post was written by <a data-i13n="cpos:7;pos:1" href="https://www.yahoo.com/author/luke-carberry-mogan/">Luke Carberry Mogan</a>.

March's Personal Consumption Expenditures (PCE) index — the Federal Preserve's preferred inflation gauge — is due out tomorrow morning, as many other companies prepare to publish their latest earnings figures, including oil giants ExxonMobil (XOM) and Chevron (CVX). Yahoo Finance's Julie Hyman and Jared Blikre list the top headlines and data investors should be paying attention to on Friday, April 25. For more expert insight and the latest market action, click&nbsp;here&nbsp;to watch this full episode. This post was written by Luke Carberry Mogan.

PCE inflation data, ExxonMobil earnings: What to Watch

Alphabet (<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/GOOG?.tsrc=fin-srch">GOOG</a>, <a data-i13n="cpos:2;pos:1" href="https://finance.yahoo.com/quote/GOOGL?.tsrc=fin-srch">GOOGL</a>) shares surged in after-hours trading on Thursday after the tech giant delivered an earnings beat in the first quarter. Adding to the positive sentiment, the company announced a dividend of $0.20 per share and a share buyback plan. CFRA Research Senior Equity Analyst Angelo Zino joins Market Domination Overtime to provide insights into Alphabet's financial results.
Zino commends both Alphabet's and <a data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/news/microsoft-earnings-182643613.html">Microsoft's</a> (<a data-i13n="cpos:4;pos:1" href="https://finance.yahoo.com/quote/MSFT?.tsrc=fin-srch">MSFT</a>) cloud performance, describing the numbers as "absolutely fantastic." Regarding the dividend announcement, Zino suggests that Alphabet faced some pressure "to do the same" as many of its peers in the "Magnificent Seven" tech companies have been implementing dividend payouts and share buybacks. He refers to the dividend move as "a small little olive branch for investors."
On the subject of artificial intelligence (AI), Zino cautions that investors should not expect "much in terms of product launches" during the earnings call. However, he advises keeping an eye on Google's upcoming I/O conference in May, where the tech giant is likely to provide commentary and unveil details about its AI offerings, including the latest on Google Gemini.
For more expert insight and the latest market action, click <a data-i13n="cpos:5;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode of Market Domination Overtime.
This post was written by <a data-i13n="cpos:6;pos:1" href="https://www.yahoo.com/author/angel-smith/">Angel Smith</a>.

Alphabet (GOOG, GOOGL) shares surged in after-hours trading on Thursday after the tech giant delivered an earnings beat in the first quarter. Adding to the positive sentiment, the company announced a dividend of $0.20 per share and a share buyback plan. CFRA Research Senior Equity Analyst Angelo Zino joins Market Domination Overtime to provide insights into Alphabet's financial results. Zino commends both Alphabet's and Microsoft's (MSFT) cloud performance, describing the numbers as "absolutely fantastic." Regarding the dividend announcement, Zino suggests that Alphabet faced some pressure "to do the same" as many of its peers in the "Magnificent Seven" tech companies have been implementing dividend payouts and share buybacks. He refers to the dividend move as "a small little olive branch for investors." On the subject of artificial intelligence (AI), Zino cautions that investors should not expect "much in terms of product launches" during the earnings call. However, he advises keeping an eye on Google's upcoming I/O conference in May, where the tech giant is likely to provide commentary and unveil details about its AI offerings, including the latest on Google Gemini. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith.

Alphabet's dividend an 'olive branch for investors': Analyst

Cruise line operators are catching the perfect wind and setting sail, coming at an opportune moment when the<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/video/southwest-airlines-slashes-boeing-delivery-133818327.html"> airline industry has been rattled by major headwinds</a> tied to Boeing's (<a data-i13n="cpos:2;pos:1" href="https://finance.yahoo.com/quote/BA?p=BA&.tsrc=fin-srch">BA</a>) manufacturing troubles.
Royal Caribbean Cruises (<a data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/quote/RCL?.tsrc=fin-srch">RCL</a>) beat first-quarter earnings estimates, reporting $3.73 billion in revenue (compared to expectations of $3.66 billion) and gains of $1.77 per share (compared to expectations of $1.31 per share).
Royal Caribbean Group CFO Naftali Holtz comes on Market Domination to discuss the operator's strengths since coming out of the pandemic and the pricing in its experience bookings.
"We see strength across the board. Obviously the booking levels, the pricing... remember, cruise is an exceptional value proposition for people today and we see those choices coming to us, to our brands, to our vacation experiences," Holtz tells Yahoo Finance. "We see more people engaged on buying more experiences on the ships, actually planning and booking them earlier than before just to make sure that when they get on the ship, they get the best vacation experiences there."
For more expert insight and the latest market action, click <a data-i13n="cpos:4;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode of Market Domination.
This post was written by <a data-i13n="cpos:5;pos:1" href="https://www.yahoo.com/author/luke-carberry-mogan/">Luke Carberry Mogan</a>.

Cruise line operators are catching the perfect wind and setting sail, coming at an opportune moment when the airline industry has been rattled by major headwinds tied to Boeing's (BA) manufacturing troubles. Royal Caribbean Cruises (RCL) beat first-quarter earnings estimates, reporting $3.73 billion in revenue (compared to expectations of $3.66 billion) and gains of $1.77 per share (compared to expectations of $1.31 per share). Royal Caribbean Group CFO Naftali Holtz comes on Market Domination to discuss the operator's strengths since coming out of the pandemic and the pricing in its experience bookings. "We see strength across the board. Obviously the booking levels, the pricing... remember, cruise is an exceptional value proposition for people today and we see those choices coming to us, to our brands, to our vacation experiences," Holtz tells Yahoo Finance. "We see more people engaged on buying more experiences on the ships, actually planning and booking them earlier than before just to make sure that when they get on the ship, they get the best vacation experiences there." For more expert insight and the latest market action, click&nbsp;here&nbsp;to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

Royal Caribbean customers are booking more experiences: CFO

Shares of Snap (<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/SNAP?.tsrc=fin-srch">SNAP</a>) are surging in after-hours trading. The company reported its first quarter results, revealing a revenue of $1.19 billion for the quarter, a gain of 21% year-over-year, versus an estimated $1.12 billion. Adjusted earnings per share of $0.03 was much better than the $0.05 loss Wall Street was expecting.
 The company also reported a total of 422 million active daily users for the quarter, a 10% gain year-over-year. 
In addition, Snap posted an upbeat forecast for the second quarter, placing revenue between $1.23 billion to $1.26 billion, topping estimates of $1.21 billion.
Yahoo Finance's <a data-i13n="cpos:2;pos:1" href="https://www.yahoo.com/author/julie-hyman/">Julie Hyman</a> and <a data-i13n="cpos:3;pos:1" href="https://www.yahoo.com/author/jared-blikre/">Jared Blikre</a> break down Snap's quarterly results.
For more expert insight and the latest market action, click <a data-i13n="cpos:4;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode of Market Domination Overtime.
This post was written by <a data-i13n="cpos:5;pos:1" href="https://www.yahoo.com/author/nicholas-jacobino/">Nicholas Jacobino</a>

Shares of Snap (SNAP) are surging in after-hours trading. The company reported its first quarter results, revealing a revenue of $1.19 billion for the quarter, a gain of 21% year-over-year, versus an estimated $1.12 billion. Adjusted earnings per share of $0.03 was much better than the $0.05 loss Wall Street was expecting. &nbsp;The company also reported a total of 422 million active daily users for the quarter, a 10% gain year-over-year.&nbsp; In addition, Snap posted an upbeat forecast for the second quarter, placing revenue between $1.23 billion to $1.26 billion, topping estimates of $1.21 billion. Yahoo Finance's Julie Hyman and Jared Blikre break down Snap's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino

Snap stock surges on positive Q2 forecast

Rubrik <a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/RBRK?.tsrc=fin-srch">(RBRK</a>) has officially made its debut on the New York Stock Exchange, opening at at $38.60 per share and briefly hitting a high of $40. The cyber security company has heavy backing from tech giant Microsoft (<a data-i13n="cpos:2;pos:1" href="https://finance.yahoo.com/quote/MSFT?.tsrc=fin-srch">MSFT)</a> and Lightspeed Venture Partners.
Rubrik Co-founder, Chairman & CEO Bipul Sinha talks to Yahoo Finance Executive Editor <a data-i13n="cpos:3;pos:1" href="https://www.yahoo.com/author/brian-sozzi">Brian Sozzi </a>to discuss Rubik's debut on the New York Stock Exchange and what investors can expect moving forward.
Sinha explains why AI and cybersecurity will be paramount for businesses and how his company can help: "AI fundamentally is based on data. If you don't have integrating data, if you don't have trust in your data, AI is garbage in/garbage out. Every business has to make sure that their core asset, that is data, is protected, available on the right platform, at the right time, for the right duration for models to work, for models to infer and give you business intelligence. Our focus is that your data is secure and available so that you can run AI as well as BI."
For more expert insight and the latest market action, click <a data-i13n="cpos:4;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode of Market Domination.
This post was written by <a data-i13n="cpos:5;pos:1" href="https://www.yahoo.com/author/nicholas-jacobino/">Nicholas Jacobino</a>

Rubrik (RBRK) has officially made its debut on the New York Stock Exchange, opening at at $38.60 per share and briefly hitting a high of $40. The cyber security company has heavy backing from tech giant Microsoft (MSFT) and Lightspeed Venture Partners. Rubrik Co-founder, Chairman & CEO Bipul Sinha talks to Yahoo Finance Executive Editor Brian Sozzi to discuss Rubik's debut on the New York Stock Exchange and what investors can expect moving forward. Sinha explains why AI and cybersecurity will be paramount for businesses and how his company can help: "AI fundamentally is based on data. If you don't have integrating data, if you don't have trust in your data, AI is garbage in/garbage out. Every business has to make sure that their core asset, that is data, is protected, available on the right platform, at the right time, for the right duration for models to work, for models to infer and give you business intelligence. Our focus is that your data is secure and available so that you can run AI as well as BI." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

Rubrik shares soar in market debut

Bristol Myers Squibb (<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/BMY?.tsrc=fin-srch">BMY</a>) shares are trading lower Thursday afternoon following the pharmaceutical company's announcement of several cost-cutting initiatives. Among the measures were workforce reductions and the termination of approximately 12 drug development programs.
Yahoo Finance Health Reporter <a data-i13n="cpos:2;pos:1" href="https://www.yahoo.com/author/anjalee-khemlani/?.tsrc=fin-srch">Anjalee Khemlani </a>breaks down the details.
For more expert insight and the latest market action, click <a data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/video/stocks-sink-gdp-tech-giants-173245645.html">here</a> to watch this full episode of Market Domination.
This post was written by <a data-i13n="cpos:4;pos:1" href="https://www.yahoo.com/author/angel-smith/">Angel Smith</a>.

Bristol Myers Squibb (BMY) shares are trading lower Thursday afternoon following the pharmaceutical company's announcement of several cost-cutting initiatives. Among the measures were workforce reductions and the termination of approximately 12 drug development programs. Yahoo Finance Health Reporter Anjalee Khemlani breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith.

Bristol Myers Squibb stock tumbles on cost-cutting initiative

Jack

Yahoo Finance's Brad Smith and Akiko Fujita discuss Peloton stock's low performance and the actions the company is taking to improve.

Peloton taking corrective actions to boost profitability, CEO says

Yahoo自家製

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Business + Coffee: Trump trade war begins, June jobs report released, TSA hiring

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Yahoo Finance's Brad Smith and Akiko Fujita discuss Peloton stock's low performance and the actions the company is taking to improve.

雅虎香港電視

Peloton taking corrective actions to boost profitability, CEO says

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