Newsbot

Fabletics COO on Expanding Retail Presence, Tech DNA

Meera Bhatia, Fabletics Brand President and Chief Operating Officer, discusses the athleisure outlook and competition in activewear with Romaine Bostick on “The Close.” She says the company invests in proprietary technology that powers both its website and in-store experience. (Source: Bloomberg)

Why Atlassian (TEAM) Shares Are Plunging Today

Shares of collaboration software company Atlassian (NASDAQ:TEAM) fell 5.3% in the afternoon session after a wave of competitive anxiety hit the enterprise software sector sparked by a high-profile downgrade of Adobe, triggering a broader sell-off in high-valuation cloud stocks.

Feds Barkin calls December inflation data encouraging

Richmond Federal Reserve President Tom Barkin on Tuesday called Decembers inflation data "encouraging," though he noted inflation often spikes at the start of the year and said he hopes it will come in at modest levels for the next couple of months.

BNY CFO: 2026 Market Backdrop is ‘Constructive

Dermot McDonogh, BNY CFO, says uncertainty has become valuable and the firm remains bullish on the economy and markets. He tells Romaine Bostick on “The Close” that the outlook for this year is strong. (Source: Bloomberg)