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Peloton Vows to Slash Costs in Weeks-Early Quarterly Report

Yahoo! Finance
(Bloomberg) -- Peloton Interactive Inc., contending with investor anxiety about slowing growth, vowed to cut costs at the fitness company and gave an early look at its quarterly results, which came in just short of analysts’ estimates. Most Read from BloombergEarly Omicron Breakthroughs Show mRNA Vaccines’ WeaknessWhy Some Vaccinated People Resist Omicron and Others Don’tLate Rout in Tech Sends Nasdaq 100 Into Correction: Markets WrapThailand to Resume Quarantine-Free Tourism as Covid EasesBiden
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