Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes. The platform, dubbed Repowered, will allow members to post listings for their used Peloton equipment and gear and set a…
Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending. The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales…
Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as a key battleground for self-driving technology. CEO Elon Musk wrote in a post on X last week that the company has been testing Model Y vehicles with no…
Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company announced Monday. ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other firms participated in the round, according to a press release. Neuralink said the fresh capital will help the company bring…
Poland has elected Karol Nawrocki as its next president in a nail-biting runoff that has captured global attention for its geopolitical implications. Nawrocki, who represents the opposition Law and Justice (PiS) party, secured 50.89% of the national vote, edging out pro-EU Warsaw Mayor Rafał Trzaskowski, who had 49.11% of votes.With…
Aluminum stocks are in focus this morning after President Donald Trump announced plans to raise tariffs on aluminum imports from 25% to 50%, citing a need to protect American producers from global competition, especially from China.Trump’s increase in aluminum tariffs is already drawing concerns from industry leaders who worry it…
Bitcoin Pepe, the viral meme coin that’s been making waves in the crypto community, has officially announced a new centralized exchange (CEX) listing date: June 17, 2025.In a post on X (formerly Twitter), the project’s official account stated that while they’ve been “working closely with exchanges,” the process has required…
Brazil’s Cemig (Companhia Energética de Minas Gerais), a major electricity provider, is on a solid rising trend, backed by consistent purchase pressure until 2025.According to local media outlet InfoMoney, following a brief pullback after reaching a record high of R$11.45 at the end of 2024, the stock fell to R$9.22…
Bristol-Myers Squibb Co (NYSE: BMY) is inching up on Monday after announcing an $11 billion deal with BioNTech SE (Nasdaq: BNTX) aimed at transforming cancer treatment.The pharmaceutical behemoth announced the said partnership at ASCO, the world’s largest cancer conference in Chicago. Despite today’s price action, BMY shares are down some…
Singapore, which has historically depended on gas for its energy supply, is now exploring regional grid connections. The strategy primarily involves utilising subsea cables to establish links between national grids, thus facilitating electricity trading across borders, Rystad Energy said in a report on Tuesday.This strategic transition is intended to speed up…