Here's what we are reading this morning:
Peloton projects nearly 10% sales decline for the year | Retail Dive: CFO Liz Coddington expects “softness” in connected fitness demand in the medium term, but remains optimistic about the category’s growth potential
FTX Announces Overwhelming Support from Creditors for Plan of Reorganization: All Participating Creditor Classes Vote to Approve Plan; Creditor Support from Approximately 99% of Voters' Claims by Value