Peloton's costly detour
Summary
Host Julie Morgan covers Peloton’s $20.5 million patent loss to NEC and its upcoming earnings report. Other market movers include Sport Radar’s 20% drop after missing Q2 expectations and GameStop’s 10% decline following a debt-for-equity swap. The episode also reviews June construction spending data, Apple’s acquisition of PlasmaSolve, and conflicting analyst ratings on Circle Internet Group.
Topics discussed
Introduction and host details
Peloton patent lawsuit loss and earnings preview
Sport Radar misses Q2 expectations
GameStop converts debt to equity
eBay downgraded by Wells Fargo
June construction spending data
Apple acquires PlasmaSolve
Circle Internet Group analyst ratings debate
Sign off and subscription promo
Listen ad-free on Castria