Key Points To Watch Out For:
- Circle shares climb after crypto law passes.
- Airbus rises 2% after reporting higher future dividends.
- Amazon considers job cuts due to AI advances.
Hasbro (HAS): layoffs due to restructuring and tariff pressure
Toy manufacturer Hasbro has announced the layoff of 3% of its workforce, amounting to around 150 employees. The measure is part of a multi-year restructuring plan. The company, famous for Monopoly and Nerf, had already warning in April that tariffs could spark layoffs, particularly if trade tensions between the US and Asia continued.
Amazon.com (AMZN): impact of AI on long-term employment
Amazon disclosed that it plans to reduce its workforce in the coming years as a result of advances in artificial intelligence. The company anticipates that various functions will be removed or automated, which would alter the operational structure of various units. This adjustment is in line with a broader trend in the technology sector toward algorithm-driven efficiency.
Circle (CRCL): rises after approval of the Genius Act
Circle shares rose in pre-market trading after the Senate passed the Genius Act, legislation aimed at regulating the cryptocurrency market. Circle, newly listed on the stock exchange, has been an actively voice in the call for clear regulation to legitimize stablecoins. The news comes as an important step for an industry still seeking greater institutional respectability.
Boeing (BA): doubts after emergency generator discovery
The investigation into the crash of Air India Flight 171 has revealed that the emergency generator was working at the time of impact, raising questions about the performance of the engines during takeoff. While Boeing has not issued an official statement, the event continues to keep the manufacturer under scrutiny at a time when it already faces other regulatory and reputational challenges.
Airbus (AIR): Dividend increase bolsters market confidence
Airbus shares rose 2% in Europe after the company said it would increase its dividends in the coming years. The decision is driven by sustained demand for commercial aircraft and the maintenance of its annual delivery targets and financial results, which do not take into account the potential impact of tariffs. The announcement reinforces the European manufacturer’s position versus its US rival.
La-Z-Boy (LZB): pressure from tariffs and weakness in the housing sector
Furniture manufacturer La-Z-Boy report mixed quarterly results and anticipates that tariffs and a weakreal estate market will keep affecting consumer behavior. While some categories maintained their performance, the company warned that macroeconomic uncertainit will limit the recovery of demand in the short term.
