People walk past an electronic quotation board displaying stock price movements for various companies, including SoftBank Group (C), listed on the Tokyo Stock Exchange along a street in Tokyo on April 14, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images)

A man walks past an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on April 14, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images)

People walk past an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on April 14, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images)

A man walks past an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on April 14, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images)

WASHINGTON, DC - APRIL 13: Ermenegildo Zegna (Group Executive Chairman - Ermenegildo Zegna Group) speaks on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: Ermenegildo Zegna (Group Executive Chairman - Ermenegildo Zegna Group) speaks on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: Imran Amed (Founder, CEO and Editor-in-Chief - The Business of Fashion) speaks on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 13: (L-R) Ermenegildo Zegna (Group Executive Chairman - Ermenegildo Zegna Group) and Imran Amed (Founder, CEO and Editor-in-Chief - The Business of Fashion ) speak on stage during Semafor World Economy 2026 on April 13, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)