WS #16387
Corporate America is signaling caution through restructuring and guidance cuts. American Express announced a 5% workforce reduction to enhance agility, following Infosys's full-year guidance slash. Meanwhile, the 10-year Treasury yield has dropped back to 5% as investors rotate out of high-multiple tech stocks into safer havens, reflecting underlying concerns about economic growth and AI profitability sustainability.
Corporate Restructuring & Earnings
Corporate America is signaling caution through restructuring and guidance cuts. American Express announced a 5% workforce reduction to enhance agility, following Infosys's full-year guidance slash. Meanwhile, the 10-year Treasury yield has dropped back to 5% as investors rotate out of high-multiple tech stocks into safer havens, reflecting underlying concerns about economic growth and AI profitability sustainability.