Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Why Paramount (PSKY) Stock Is Down Today

PSKY Cover Image

What Happened?

Shares of multinational media and entertainment corporation Paramount (NASDAQ: PARA) fell 5.7% in the morning session after analysts at Morgan Stanley and Guggenheim expressed a more cautious outlook on the media company's shares. 

Morgan Stanley lowered its price target on the stock to $10 from $12, while maintaining its 'Underweight' rating. The investment bank noted that the shares currently trade at a valuation above its peers, which it considers elevated relative to its forecast for "flattish" adjusted operating income growth through 2028. Adding to the negative sentiment, Guggenheim downgraded Paramount Skydance from 'Buy' to 'Neutral.' These actions from Wall Street analysts suggest growing concerns about the company's valuation and future performance.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Paramount? Access our full analysis report here, it’s free.

What Is The Market Telling Us

Paramount’s shares are not very volatile and have only had 8 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.

The previous big move we wrote about was about 22 hours ago when the stock dropped 4.1% on the news that continued weakness as reports surfaced that the newly merged company with Skydance is preparing for a significant wave of layoffs. The new Skydance-led Paramount is expected to cut between 2,000 and 3,000 positions around November as part of a cost-cutting initiative following its recent $8.4 billion merger. The move is part of a plan to achieve at least $2 billion in cost efficiencies. While the cuts will be company-wide, sources indicate CBS News and local stations are bracing for a particularly significant impact. The company's recent performance has been challenging, with revenue declining 2% annually over the last two years and earnings per share falling. Paramount President Jeff Shell stated the process would be a necessary, one-time event to stabilize the company for the future, adding, "We do not want to be a company that has layoffs every quarter.".

Paramount is up 40.9% since the beginning of the year, and at $14.91 per share, it is trading close to its 52-week high of $16.03 from August 2025. Investors who bought $1,000 worth of Paramount’s shares 5 years ago would now be looking at an investment worth $527.41.

Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.