Peloton posts weak holiday quarter after splashy product overhaul fails to land

A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2.Peloton posted a worse-than-expected holiday quarter on Thursday after shoppers failed to shell out for its new AI-driven product line and turned away from higher subscription prices.The connected fitness company missed Wall Street's estimates on the top and bottom lines and fell short of its own internal sales targets in the three months ended Dec. 31 ...