Peloton hit with $20.5M patent loss; Circle sees split analyst views; GameStop swaps $1.4B debt for equity.

Peloton lost a $20.5 million patent infringement case to NEC over content-streaming technology used in its exercise equipment. This legal setback comes ahead of Peloton's Q4 earnings report, where analysts expect revenue of $597 million and EPS of $0.11, with short interest at 14.9%. Meanwhile, Circle faces mixed analyst opinions: Morgan Stanley is bearish due to stagnant USDC growth, while TD Cowen is optimistic about Circle's platform expansion. GameStop completed a $1.4 billion debt-for-equity swap, reducing debt but diluting shareholders. eBay was downgraded over profitability concerns at its Depop unit. Apple acquired PlasmaSolve, a materials science firm, to enhance plasma-based manufacturing processes.