Activist investor Blackwells Capital wants the board of Peloton to fire CEO John Foley and pursue a sale of the company, according to The Wall Street Journal. Its share price, which rose with the popularity of homebound exercise during Covid lockdowns, has since fallen below its IPO price. The report said that Blackwells, which is a significant shareholder but owns less than 5%, intends to...
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The Weekend Crypto AR/VR
“I Felt Like I’ve Been Taking Crazy Pills”: After a Meltdown, Crypto Pros Assess the Damage
Hi, welcome to your Weekend! Feeling numb to the latest Elon Musk scandal, I went looking for another celebrity feud to obsess over for awhile. There was no way I was wading into the toxic cesspool that is Amber vs. Johnny. And I could care less about Ted Cruz’s opinion of Pete Davidson.But the Wagatha Christie trial? Oh, my friends, this is the stuff. The case introduces us to two warring...
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