Yahoo Finance Live anchors discuss stock performance for Apple, Coinbase, and DocuSign after the latest analyst ratings from Wall Street.
Apple has held up better than most tech stocks this year, but does it need to fall for the bear market to be over?
Peloton Interactive (NASDAQ: PTON) became one of the hottest growth stocks during the pandemic as the temporary closures of gyms boosted sales of its connected exercise bikes and subscriptions. If inflation, rising interest rates, and other macroeconomic headwinds spur a global recession, consumers will have a lot less disposable income to lavish on Peloton's pricey bikes, treadmills, and subscription-based services. When Peloton went public back in late 2019, its original Bike cost $2,245 and the newer Bike+ cost $2,495.