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Google's boomerang year: 20% of AI software engineers hired in 2025 were ex-employees
CNBC· 2025-12-19 16:57
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025.Across the industry, employee boomerangs are up, according to data published earlier this year by ADP Research, with the sector it classifies as information showing the starkest numbers.Google has a large pool of ex-employees to mine, particularly after its largest ever round of layoffs in early 2023, when parent company Alphabet cut 12,000 jobs, reducing ...
Classic-car market poised for strong 2026, says Hagerty CEO
CNBC· 2025-12-19 16:46
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The strength in the classic-car market is expected to continue in 2026 as a new generation of collectors revs up demand, said the CEO of Hagerty.Auctions and online sales of collectible cars surged 10% in 2025 to $4.8 billion, according to Hagerty, the classic-car insurance company and collector p ...
'Avatar: Fire and Ash' snares $12 million in Thursday previews
CNBC· 2025-12-19 16:36
Disney and James Cameron's third Avatar movie, "Avatar: Fire and Ash," hit theaters Thursday, snapping up $12 million in early preview screenings domestically.The second installment in the film series, "The Way of Water," had a better start and tallied $5 million more in its Thursday preview haul in 2022. Still, box office analysts expect "Fire and Ash" will bring in at least $100 million during its opening weekend in the U.S. and Canada."A lot is riding on the performance of 'Avatar: Fire and Ash' and with ...
November home sales struggle as supply stalls
CNBC· 2025-12-19 15:00
A ''For Sale'' sign is outside a residential home in Oro Valley, Arizona, on December 12, 2025.High home prices, stubbornly high mortgage rates and now less supply are all weighing on potential homebuyers. Sales of previously owned homes rose just 0.5% in November from October and were 1% lower than November 2024, according to the National Association of Realtors. Sales came in at an annualized rate of 4.13 million units.This count is based on closings, so it reflects contracts likely signed in September an ...
Palo Alto Networks announces multibillion-dollar deal with Google Cloud
CNBC· 2025-12-19 14:37
公司与谷歌云达成新合作协议 - 派拓网络与谷歌云宣布达成一项新的价值数十亿美元的合作协议 [1] - 该协议是双方现有战略合作伙伴关系的扩展 并将深化双方的工程协作 [1] - 作为协议的一部分 派拓网络将把关键内部工作负载迁移至谷歌云 [1] 人工智能技术整合与应用 - 派拓网络已开始使用谷歌的Gemini人工智能模型为其Copilot助手提供支持 [1] - 公司同时也在使用谷歌云的Vertex AI平台 [1] - 公司总裁表示 此次合作旨在帮助企业利用人工智能的力量 同时避免新的安全威胁 [2]
Oracle stock jumps 5% as cloud provider joins investor group to run TikTok's U.S. business
CNBC· 2025-12-19 14:06
Oracle's stock jumped about 5% Friday after the cloud provider joined a group of investors slated to lead TikTok's U.S. operations. In a memo to employees Thursday, CEO Shou Zi Chew said the social media company's U.S. division will be run by a joint venture that includes Oracle, Silver Lake, and Abu Dhabi-based MGX. The deal is expected to close on Jan. 22.The agreement prevents the popular social platform from getting banned after President Joe Biden signed a law requiring a divestiture of the company's U ...
NY Fed President Williams says some 'technical factors' distorted November's CPI reading downward
CNBC· 2025-12-19 13:36
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025.New York Federal Reserve President John Williams said Friday that "technical factors" likely distorted November's inflation data, pushing the headline reading lower than it otherwise would have been."There were some special factors of practical factors that really are related to the fact that they weren't able to collect da ...
Oil prices stable after Trump says he won't rule out war with Venezuela
CNBC· 2025-12-19 13:20
U.S. crude oil prices were stable on Friday after President Donald Trump told NBC News that he will not rule out war with OPEC member Venezuela. "I don't rule it out, no," Trump told the news outlet in a phone interview. He declined to say whether overthrowing President Nicolas Maduro is his goal. "He knows exactly what I want," Trump told NBC. "He knows better than anybody."The oil market right now is not indicating a major risk of a supply disruption. U.S. crude oil rose 29 cents, or 0.5%, to $56.44 per b ...
Inside Intel's new Arizona fab, where the chipmaker's fate hangs in the balance
CNBC· 2025-12-19 13:00
In this articleINTC2330-TWwatch nowIntel was once the world's largest semiconductor company, but its market cap plummeted in recent years as the chipmaker fell behind Taiwan Semiconductor Manufacturing Co. and spent billions of dollars trying to catch up. Now, Intel has entered high-volume production of 18A, the new chip node it says will turn things around.The biggest problem? Convincing a big chipmaker to trust Intel with manufacturing on the new node. For now, Intel's only major customer is itself. The c ...
UnitedHealth Group commits to improvements after independent audit, patient backlash
CNBC· 2025-12-19 12:38
UnitedHealth Group on Friday released the first results from a sprawling independent audit of its business practices and committed to a wide range of steps to track and implement improvements in three specific areas. The health-care giant said it has adopted 23 ongoing "action plans" to put in place and monitor recommended improvements, with oversight by its internal audit and advisory services team. Around 65% of those actions will be complete by the end of 2025, while 100% of those plans will be finished ...