Cramer’s lightning round: Don’t sell Weber here

Cramer’s lightning round: Don’t sell Weber here


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Peloton posts surprise profit, announces yet another round of layoffs impacting 6% of staff
Business

Peloton posts surprise profit, announces yet another round of layoffs impacting 6% of staff

Clothing inside a Peloton store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty Images Peloton posted a surprise profit for its fiscal fourth quarter on Thursday and outlined its strategy to return to growth under new CEO Peter Stern. Shares gained 6% in early trading. The connected […]

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Craveworthy Brands becomes managing partner of Gregorys Coffee
Business

Craveworthy Brands becomes managing partner of Gregorys Coffee

Gregorys Coffee was founded in 2006 and has more than 50 locations. Source: Gregorys Coffee Craveworthy Brands is now investor and managing partner of Gregorys Coffee, a New York City-based coffee chain with dreams of a nationwide footprint. The two companies announced the deal on Thursday. Financial terms were not disclosed. Craveworthy Brands, a fast-growing […]

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Warner Bros. Discovery film studios lift second-quarter results
Business

Warner Bros. Discovery film studios lift second-quarter results

Warner Bros. Discovery’s earnings got a boost from its film studios after a handful of box office hits during the second quarter. The period from April though June saw the releases of “A Minecraft Movie,” “Sinners,” “Final Destination: Bloodlines,” and “F1,” which together generated $2 billion in the global box office to date, the company […]

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