FitBit shares plunge after earnings and Comcast makes a bid for UK broadcaster Sky. Plus Macy's shares are popping after trouncing earnings estimates. And we check in from the Mobile World Congress in Barcelona to see what Lenovo's got in store.

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Stock Markets Reflect Optimism as Investors Hope 'Worst Has Passed'
Austin Graff, founder and CIO of Opal Capital in Austin, Texas, offers his take on why stocks opened higher Wednesday, saying investors appear tentatively optimistic about regulatory actions being taken around struggling banks, even as they remain worried about the long-term consequences of federal action on the sector. "
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