Peloton removes free app membership

Peloton removes free app membership

New users who are looking to work out with the company’s app now only have access to two tiers that cost $12.99 a month or $24 a month, with the option of a seven-day free trial.  Last May, Peloton debuted a splashy rebrand that billed the business as a fitness company for all, and put …

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This veteran investor is buying ‘old economy’ stocks that are embracing AI

This veteran investor is buying ‘old economy’ stocks that are embracing AI

Artificial intelligence isn’t only benefiting technology companies. A host of stocks in other industries also stand to gain, according to Nancy Tengler, chief executive officer and chief investment officer of Laffer Tengler Investments. While shares of megacap technology companies such as Nvidia and Meta Platforms have soared on hopes that AI will usher in new technological …

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Spend money to make money

Spend money to make money

Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Mandel Ngan | AFP | Getty Images “We move from talking about AI to applying AI at scale,” Microsoft CEO Satya Nadella said on his company’s earnings call on …

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