Nestlé ( NSRGY) plans to cut costs by at least $2.8 billion by 2027. The company said it will boost its marketing efforts and spin off its premium drinks and water brands starting in 2025.

Wall Street strategy firms, including Goldman Sachs and Morgan Stanley, are forecasting the S&P 500 to reach 6,500 by the end of 2025. Yahoo Finance Markets Reporter Josh Schafer joins Morning Brief ...