Peloton stock rallies after expanding relationship with Amazon to the U.K., Germany

Shares of Peloton Interactive Inc. rallied 2.7% in premarket trading Wednesday, after the at-home fitness company announced an expanded collaboration with Amazon.com Inc. in the U.K. and Germany. The company said the Peloton Bike, Guide and certain accessories are now available in Amazon's U.K. store for in-home delivery, and will be available in Amazon's German store in the coming weeks. Amazon's stock was down 1.4% in the premarket. "Peloton's collaboration with Amazon increases access to Pelo Read More...


The one ‘alternative’ investment most likely to help your portfolio

Nine out of 10 financial advisers say they plan to pour clients’ money into “alternative” investments over the next couple of years, including such lucrative high-fee vehicles as private equity, private credit, hedge funds, venture capital and the like. “As they face uncertain markets, nearly nine in 10 financial advisers (88%) surveyed plan to increase their allocation to alternatives over the next two years,” reports a new survey published by CAIS, which calls itself “the leading alternative investment marketplace for independent financial advisers,” and Mercer, an asset-management company.

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