Peloton was a risky bet even among venture capitalists. At its core, the company sells a piece of hardware with virtual cycling lessons, a model skeptics say is easily copyable. They aren’t wrong: As Peloton has grown in the pandemic, so have its rivals including NordicTrack and fitness equipment maker Nautilus. Despite the naysayers, Peloton […]
Good afternoon, readers. Say you walk into a hospital or other COVID vaccine distribution site. You qualify to get one because you’re a priority group under local regulations, and there are enough available doses around for you to get one. Which one would you actually receive? The Food and Drug Administration (FDA) has already granted […]
U.S. stocks ended the week in style—though their enthusiasm wasn’t shared by the European bourses and Asian markets. Read More
