Author: Daniel snow

A Peloton bike is displayed at a Dick’s Sporting Goods store on May 08, 2024 in Daly City, California. Justin Sullivan | Getty ImagesPeloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes. The platform, dubbed Repowered, will allow members to post listings for their used Peloton equipment and gear and set a price with help from a generative AI tool, the company said.Sellers have the final say on how much to list the item for, but the AI tool will suggest…

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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are rallying on Tuesday, overcoming yet another premarket decline like we saw Monday. The data center and AI infrastructure trade — ranging from semiconductor stocks like Nvidia and Broadcom to industrials like GE Vernova and Eaton — is powering the market higher in reaction to Meta Platform’s 20-year agreement to buy nuclear power from Constellation Energy . The Club owns all these stocks, except for Constellation Energy. Meanwhile, there was…

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Homeland Security Secretary Kristi Noem speaks to employees at the Department of Homeland Security, Tuesday, Jan. 28, 2025, in Washington, U.S. Manuel Balce Ceneta | Via ReutersThreatening letters about President Donald Trump that led to the highly-touted arrest by federal authorities of an undocumented immigrant last month were actually written by a jailed Wisconsin man trying to get him deported, prosecutors said in a new criminal complaint.Demetric DeShawn Scott, the inmate, hoped to get Mexican immigrant Ramon Morales-Reyes deported because he is a witness in Scott’s upcoming criminal trial for alleged armed robbery and battery against Morales-Reyes, a criminal complaint filed…

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