Under Armour Sinks as Tariffs, Sputtering Sales Hit Outlook

Under Armour Sinks as Tariffs, Sputtering Sales Hit Outlook

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Bloomberg Intelligence hosted by Lisa Mateo and Isabelle Lee

-Poonam Goyal, Senior U.S. E-Commerce and Retail Analyst at Bloomberg Intelligence, discusses Under Armour earnings. Under Armour forecasted worse-than-expected sales and profit for the current quarter, stalling a turnaround plan that was taking hold.

-Michael Halen, Bloomberg Intelligence Senior Restaurant and Foodservice Analyst, discusses Wendy’s earnings. Wendy’s Co. cut its full-year sales guidance after posting a bigger-than-expected quarterly decline, highlighting the economic pressures weighing on the chain’s US business.

-Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, discusses the latest tech news. Meta Platforms Inc. has selected Pacific Investment Management Co. and Blue Owl Capital Inc. to lead a $29 billion financing for its data center expansion in rural Louisiana. Meantime, SoftBank Group Corp. is the buyer of Foxconn Technology Group's electric vehicle plant in Ohio, a move aimed at kick-starting the Japanese company's $500 billion Stargate data center project with OpenAI and Oracle Corp.

-Tom Orlik, Bloomberg Economics Chief Economist, discusses the new book 'The Price of Money: A Guide to the Past, Present and Future of the Natural Rate of Interest.'

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Episoder(3305)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Bloomberg stocks editor David Wilson on today's market winners, losers, and Stock of the Day: Tesco (TESO).See omnystudio.com/listener for privacy information.

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Prezi's Peter Arvai on Reinventing Presentation Software(Audio)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010Megan Murphy, Bloomberg's Washington bureau chief, highlights political news of the day: Obama's endorsement of Hillary Clinton, outlook for Sanders, and Clinton's reportedly consulting with Elizabeth Warren on Wall Street.See omnystudio.com/listener for privacy information.

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Bloomberg BNA's Sellers on Test To Map Foodborne Illness(Audio)

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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010Steve Sellers, Legal Editor for Bloomberg BNA, discusses how a new genetic test that can precisely map foodborne illness outbreak victims to a contaminated source will impact litigation.See omnystudio.com/listener for privacy information.

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