We've got two stocks going in different directions and a special anniversary shout out.

Motley full of money starts now.

I'm Chris Hill joining me today, Motley Full Senior Analyst, Asad Sharma.

Thanks for being here.

Chris, I appreciate you having me on.

Once again, we are in the position of recording before the Federal Reserve makes its announcements

regarding the rate hike.

And people are listening to this after that news has broken.

So we're going to talk about the Fed and interest rates later in the week on this show.

And you and I are just going to focus on earnings results.

And let's start with Peloton because shares are up nearly 20 percent because second quarter

revenue came in higher than expected.

Next week marks the one year anniversary of Barry McCarthy being appointed CEO.

We call these results a possible turning point.

I'm not a shareholder, but I hope he's right.

It could be a turning point, Chris.

Here we see a company that's cut its cash burn down tremendously.

Just two quarters ago, Peloton burned 547 million in cash.

So that's negative free cash flow.

This quarter it came in at negative $94 million.

And McCarthy has done, I think, a lot of your basic turnaround playbook in pretty convincing

fashion.

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