Flat tire...

[The beef 675] [I'm an image] “If you’re planning on getting a Peloton this year, make sure your spouse knows it's for you… thank me later.” - Jeff Hey there carnivores, Markets continued their rally on the backs of tech and healthcare. Today we’re talking about Peloton cruising through earnings. Keep raging, Jeff & Jason [Image] [I'm an image] Spinning in place Peloton had an impressive quarter, which is to be expected considering there are only two types of people in this world: those stuck at home treating their bodies like a temple or me (destroying my body from the inside). The company reported quarterly [sales growth of 232%](, climbing to $757.9M, up from the $228M it hauled in a year ago. Analysts expected sales of $748.1M. It's safe to say the only people more consistently wrong than pollsters are analysts. Peloton did so well that it raised its revenue outlook for fiscal 2021, expecting to bring in $3.9B, up from its previous range of $3.5 to $3.65B. Analysts were right in the middle, predicting $3.63B. The pedal peddlers reported EPS of 20 cents, compared to the 11 cents expected. Sounds like someone needs to crank up the resistance next quarter. No one likes a slacker. That 20 cents per share is up from a loss of $49.8M, or $1.29 per share last year. Peloton’s revenue growth can be attributed to an increase in subscribers. The company said it ended the quarter with 1.33M subscribers, up 137% from the last year. New subscribers aren’t just one-and-done, either. Average monthly churn for connected fitness subscribers clocked in at 0.65%, compared to 0.75% the quarter before. I guess people are realizing that the ‘rona is here for the long haul... might as well look shredded af for all those Zoom calls. Happy Holidays Peloton is just getting started. The company expects its first $1B quarter this holiday season, while those good for nothing analysts expect just $939M. On the news, Peloton shares fell 4.5% in after hours trading… The bottom line... But shouldn’t hockey stick growth like Peloton’s send shares higher? Well, yes, but after reporting earnings Peloton [warned investors]( that supply constraints could affect delivery moving forward. What’s that saying? Silence is golden? Peloton said that its profit could face a squeeze, as it rushes to open new manufacturing facilities. It’s also going to see additional shipping-related expenses due to a crazy holiday season, bolstered by new pending ‘rona lockdowns. F*ck that noise, I'm just going to buy a Prime bike from Amazon. [I'm an image] 97% Off Flash Sale! Jeff Bishop Releases His Next Highest-Conviction Trade Idea Monday Morning* [Alternate text]( Test Drive Bullseye Trades At The Lowest Price Ever Get One Month Access For Just $5! [Join Now]( [Alternate text] Let me down easing The Fed did what it does best on Thursday... nothing. At the end of its two-day Federal Open Market Committee meeting J-POWW and Co. [held rates steady]( at between 0% and 0.25%. This wasn't exactly surprising considering the committee announced it plans to do so until at least 2023. So what were investors looking for? Clues as to WTF the Fed thinks about the economy. Spoiler: the outlook wasn't great. The Fed's statement removed language indicating economic activity had "picked up in recent months" which was present during September's meeting. But have no fear, J-POWW indicated that the fed still has plenty of firepower to f*ck up 'rona boi right quick. Which is great considering a stimulus package is about as likely as Jerome Powell getting the invite to Thanksgiving at the Trumps. "Well, f*ck me." - Visa CEO Al Kelly You see, Al done f*cked up. The Chief Executive may have put Visa's $5.3B deal for Plaid, the fintech that connects consumer's bank accounts to popular finance apps like Robinhood (perhaps you've heard of it lost money on it), in jeopardy. Kelly called the deal an "insurance policy" to neutralize a "threat to our important US debit business." Apparently, the Department of Justice didn't like that. Visa already controls 70% of the online debit market and the DOJ believes that by purchasing Plaid Visa will be stifling competition. The Department has [filed an antitrust suit]( against Visa. Tough break, kid. Head on collision with no survivors Uber's earnings were like an awful car crash: you feel pretty bad about it, hope no one got seriously hurt... but can't look away. The ride-sharer [posted]( a net loss of 62 cents per share on revenue of $3.13B. Analysts expected 65 cents and $3.2B, respectively. That's in the business what we call a miss. So where did Uber go wrong? Well, revenue in its rides business fell 52% year over year, which is a slight improvement vs. last quarter, but don't get it twisted, it's still very, very sh*tty. On the plus side... revenue in the Uber Eats biz grew 190% YOY. Of course, that wasn't enough to offset the massive losses in ride-sharing. Shares fell roughly 4% after-hours. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. 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