In one of the most dramatic business turnaround stories of the pandemic, Peloton turned its first profit as revenue soared. The digital fitness company has seen its sales jump as the coronavirus shuttered gyms around the nation, forcing people to look for ways to stay fit at home. For the three months ended June 30, it swung to net income of $89.1 million, or 27 cents a share, from a loss of...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
startups
venture capital
A Long, Strange Trip for the ‘Uber for Nurses’
Exclusive
ai
venture capital
Wall Street Firm Citadel Securities Courts AI Startups for Trading Edge
Exclusive
startups
Finance
Inside the Culture Clash at JPMorgan and WePay
Exclusive
amazon
entertainment
How Amazon Misread the NFL Ad Market