# Bank of America Spends $250M on GLP-1s, Peloton Turns a Profit, Planet Fitness Slows

Page: https://stenobird.com/podcast/fitt-insider-254580/bank-of-america-spends-250m-on-glp-1s-peloton-turns-a-profit-planet-fitness-slows
Text version: https://stenobird.com/podcast/fitt-insider-254580/bank-of-america-spends-250m-on-glp-1s-peloton-turns-a-profit-planet-fitness-slows.md
Podcast: [Fitt Insider](https://stenobird.com/podcast/fitt-insider-254580)
Published: 2026-08-07T09:30:00+00:00
Episode link: https://fittinsider.libsyn.com/bank-of-america-spends-250m-on-glp-1s-peloton-turns-a-profit-planet-fitness-slows
Audio file: https://traffic.libsyn.com/secure/fittinsider/122_-_FI_Daily_Brief.mp3?dest-id=1477619
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Duration seconds: 184

## Resource

August 7, 2026: Your daily rundown of health and wellness news, in under 5 minutes. Today's top stories: Bank of America spends $250M+ annually on GLP-1s, roughly 13% of its healthcare budget, as employers reframe the drugs as a productivity investment Peloton posts its first-ever annual net profit after a years-long turnaround, though weaker guidance on soft hardware demand sent shares lower Planet Fitness lowers its profit outlook on slower member sign-ups, betting a potential wave of oral GLP-1 users could drive new gym growth More from Fitt: Fitt Insider breaks down the convergence of fitness, wellness, and healthcare — and what it means for business, culture, and capital. Subscribe to our newsletter → insider.fitt.co/subscribe Work with our recruiting firm → https://talent.fitt.co/ Follow us on Instagram → https://www.instagram.com/fittinsider/ Follow us on LinkedIn → linkedin.com/company/fittinsider Reach out → insider@fitt.co

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