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

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

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