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Things Just Got Tougher for Peloton

How challenging Peloton Interactive's balance sheet is right now. Why Peloton will almost certainly have to raise money. Why Costco Wholesale is his favorite retail stock, followed closely by Home Depot. Read More...

Motley Fool

Why StoneCo Stock Fell Hard Today

Shares of StoneCo (NASDAQ: STNE), a cloud-based technology platform, plummeted Friday morning after the company reported its second-quarter results, which disappointed investors, and announced yet another shift to its management team. The company reported non-GAAP (adjusted) earnings of 0.25 Brazilian reals (equivalent to $0.05), which was an increase from a loss of 0.48 reals in the year-ago quarter, but was below Wall Street’s consensus estimate of about 0.57 reals, or $0.11 per share. StoneCo’s revenue in the quarter was 2.3 billion reals (about $442 million), 5% higher than the company’s guidance, and up 275% from the year-ago quarter.

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