This picture shows a logo on a Decathlon sporting goods store in Saint-Herblain, western France, on April 15, 2026. (Photo by Loic VENANCE / AFP via Getty Images)

WASHINGTON, DC - APRIL 15: Craig Dubitsky (Co-founder & CEO - happy®) speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Craig Dubitsky (Co-founder & CEO - happy®) speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Craig Dubitsky (Co-founder & CEO - happy®) (L) demonstrates a drink on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Craig Dubitsky (Co-founder & CEO - happy®) (L) demonstrates a drink on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: (L-R) Franz Paasche (Executive Vice President, Corporate Affairs - Verizon) and Justin Smith (Co-Founder & CEO - Semafor) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Franz Paasche (Executive Vice President, Corporate Affairs - Verizon) speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Franz Paasche (Executive Vice President, Corporate Affairs - Verizon) speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)