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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Bloomberg's Wille  on Lawsuit Challenging Fiduciary Rule(Audio)

Bloomberg's Wille on Lawsuit Challenging Fiduciary Rule(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010Guest: \u0010Jacklyn Wille, Senior Legal Editor for Bloomberg BNA, on Wall Street groups suing to end the Department of Labor's fiduciary rule.See omnystudio.com/listener for privacy information.

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Bloomberg's Singh on Qlik: More Consolidation to Come (Audio)

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ETF Trends' Lydon on Growing Investment in Bond ETFs (Audio)

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Advisors' Colyer: Tremendous Amount of Value in Nikkei (Audio)

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1 Juni 201611min

Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

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Kia's Sprague on Crossovers Driving Record Sales in May (Audio)

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SRG's Flickinger: More Trouble Ahead in Athletic Retail (Audio)

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