Shark Group CEO Daymond John joins Yahoo Finance Live to share his thoughts on Black Entrepreneurs Day, the latest from the Musk-Twitter lawsuit, and what Peloton's next steps should be.
BMO Capital Markets Managing Director Simeon Siegel joins Yahoo Finance Live to discuss Peloton and how the company should position itself going forward.
Investors gave Peloton Interactive (NASDAQ: PTON) a huge boost early this week after the company announced a new partnership with Hilton Worldwide Holdings (NYSE: HLT): By the end of the year, there will be at least one Peloton bike in every Hilton-branded hotel -- all 5,400 of them. Investors were understandably excited about the deal, and bid Peloton's stock up by 24.3% over the past week, according to data provided by S&P Global Market Intelligence. "This unique and exciting partnership with Peloton -- a brand so many of our guests know and love -- accelerates an important part of that equation, allowing us to enhance the stay with an innovative approach to fitness."