Paramount Global (PARA, PARAA) will be cutting 3.5% of its global workforce as part of its current cost-cutting strategy. This comes after Disney (DIS) announced it will be laying off hundreds of workers around the world. Academy Sports and Outdoor (ASO) is widening its full-year net sales forecast as it preps for a multitude of scenarios under President Trump’s tariff policies. Snack brand J.M. Smucker Company’s (SJM) full-year guidance for its fiscal 2026 fell short of Wall Street’s expectations. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
Paramount Global (PARA, PARAA) will be cutting 3.5% of its global workforce as part of its current cost-cutting strategy. This comes after Disney (DIS) announced it will be laying off hundreds of workers around the world. Academy Sports and Outdoor (ASO) is widening its full-year net sales forecast as it preps for a multitude of scenarios under President Trump’s tariff policies. Snack brand J.M. Smucker Company’s (SJM) full-year guidance for its fiscal 2026 fell short of Wall Street’s expectations. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
