Tech
How Peloton Can Compete In The Crowded Fitness Sector
With an inspiring story, robust team of instructors and a hyper-engaged community, Peloton became a household name during the pandemic. Peloton’s stock surged more than 500 percent by December 23rd 2020, quickly boosting a small startup into mega cap status in less than a year.
But as the economy reopens, gyms and in person studios are also attracting people to work out outside of the home. Competition of the at-home fitness space has also increased with companies like Tonal, Hydrow, Lululemon’s Mirror and Apple offering their own fitness equipment to customers.
In early November 2021, Peloton reported disappointing first quarter results that missed on earnings, revenue projections and full-year guidance. It showed slowing demand for its products and an anticipated increase in marketing spend. Can Peloton continue to be a dominate player in the at-home fitness space?
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How Peloton Can Compete In The Crowded Fitness Sector
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A large number of U.S. companies have operations in Ireland, and names such as Apple, Microsoft and Pfizer appear to have taken steps to stow intellectual property in the country to reduce their effective corporate income tax rates.
Members of President Donald Trump’s administration have signaled that some of that activity should return to the states.
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UPS worked with truck-launched drone-maker Workhorse Group to demonstrate how efficient drones can be to provide delivery services.
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UPS Successfully Tests Residential Delivery With Drones | CNBC
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The technology behind bitcoin may prove as transformative as the internet. With or without cryptocurrency, blockchain looks here to stay.
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Here’s Why Every Industry Should Be Looking At Blockchain | CNBC
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Universal Orlando Resort opened Epic Universe in May, its biggest theme park investment to date. The new park cost Comcast a reported $7 billion to build, and doubles Universal Orlando’s footprint in Central Florida. Across town, Walt Disney World is also undertaking a massive expansion and facelift after the company announced a historic $60 billion investment in its experiences segment in 2023. This all happening as a possible tourism slowdown could upset the summer travel season.
Chapters:
0:00 Introduction
2:05 Epic Universe
5:20 Walt Disney World
9:52 Tourism turbulence
12:32 Investments
Produced and shot by: Devan Burris
Camera: Jordan Smith
Edited by: Matt Soto
Animation: Jason Reginato
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images, Walt Disney World, Visit Orlando, Universal Orlando Resort
Additional Sources: University of Central Florida
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The Multi-Billion Dollar Theme Park Race Between Disney And Universal
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This 3D-printed inflatable material may soon be in all car interiors. BMW and MIT’s Self-Assembly Lab are working together to develop liquid printed pneumatics.
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This BMW and MIT Material Collaboration Can Change Shapes | CNBC
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