Business
October 25, 2024
1 views 7 mins 0

This is why David Einhorn thinks Peloton could be worth five times what it is now

David Enhorn pitches Peloton at the Robin Hood Investors Conference. Getty Images (L) | CNBC (R) Greenlight Capital’s David Einhorn thinks Peloton could trade as high as $31.50 a share if the company slashes costs, which could double its current adjusted EBITDA projections, CNBC has learned.  That’s about five times the current price of its […]

Business
October 21, 2024
3 views 4 mins 0

Nike renews uniform partnership with NBA, WNBA as NFL opens bidding process to competitors

Nike will be the exclusive uniform and apparel provider for the National Basketball Association and Women’s National Basketball Association for another 12 years after they renewed their partnership with the sneaker giant, the leagues announced Monday. Under the terms of the deal, Nike will be the leagues’ global outfitting, merchandising, marketing and content partner until […]