YouTube Music is rolling out its 2025 Recap, and it has a unique, AI-powered “ask about your listening experience” chat that gives you insight about your listening habits over the past year.
The release date for the YouTube Music Recap does…
Up to 3m low-skilled jobs could disappear in the UK by 2035 because of automation and AI, according to a report by a leading educational research charity.
The jobs most at risk are those in occupations such as trades, machine operations and administrative roles, the National Foundation for Educational Research (NFER) said.
Highly skilled professionals, on the other hand, were forecast to be more in demand as AI and technological advances increase workloads “at least in the short to medium term”. Overall, the report expects the UK economy to add 2.3m jobs by 2035, but unevenly distributed.
The findings stand in contrast to other recent research suggesting AI will affect highly skilled, technical occupations such as software engineering and management consultancy more than trades and manual work.
Research from King’s College published in October estimated that “higher-paying firms” suffered job losses of roughly 9.4% between 2021 and 2025, with much of this period falling after the release of ChatGPT in late 2022.
The UK government lists management consultants, psychologists and legal professionals among the occupations “most exposed to AI”, whereas “sports players”, “roofers” and “bricklayers” are less likely to be replaced.
Last week, the law firm Clifford Chance revealed it was laying off 10% of business services staff at its London base – about 50 roles – attributing the change partly to AI. The head of PwC also publicly walked back plans to hire 100,000 people between 2021 and 2026, saying “the world is different” and artificial intelligence had changed its hiring needs.
Jude Hillary, one of the report’s authors, said that NFER’s work – which is based on longer-term economic modelling of the UK labour market – suggests predictions about AI-driven job losses may be premature.
He suggested layoffs attributed to the uptake of AI may be driven by a sluggish UK economy, factors such as rising national insurance costs and employers being risk-averse.
“There’s this general uncertainty about where things are going, how long it takes to improve. There’s lots of talk about AI and automation without any real substance about it. Lots of employers are worried about it,” Hillary said.
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“And probably what’s happening is a lot of employers are just sitting tight, I would say.”
Hillary said he expected the overall effects of AI on the UK workforce to be complex: increasing the demand for some professional roles; decreasing the demand for many entry-level roles; and eroding the demand for many lower-skilled professions. This latter, he said, was most concerning, as it would be difficult for people who lost lower-skilled jobs to reskill appropriately in a changing economy.
“The additional jobs that we’re getting in the labour market tend to be professional and associate professionals … Displaced workers, the one to three million that we talk about in our report, face significant barriers to get back into the labour market,” he said.
Samsung Electronics today launched its new “One Shot Challenge” campaign, showcasing the simplicity of shooting with Galaxy AI.1 Created in collaboration with acclaimed photographer Tom Craig, the film highlights how the…
A number of stocks jumped in the afternoon session after reports revealed the Trump administration considered extending the Affordable Care Act (ACA) subsidies. These subsidies, which are government financial aids to help people pay for health insurance, are crucial for insurers as they maintain a stable customer base. An extension would ensure continued revenue for companies with significant exposure to the ACA marketplace. The news prompted a strong positive reaction from investors, with Centene (CNC) shares jumping as much as 8%, Molina Healthcare (MOH) rising over 3%, and Oscar Health (OSCR) soaring 18%. The potential for a two-year extension reduces regulatory uncertainty for the sector, which investors view as a significant positive for the industry’s outlook.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.
Among others, the following stocks were impacted:
Myriad Genetics’s shares are extremely volatile and have had 43 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 3 days ago when the stock gained 7.2% on the news that comments from a key Federal Reserve official bolstered hopes for an interest rate cut. New York Federal Reserve President John Williams stated he sees “room for a further adjustment” in the near term, sparking a significant market rally. Following his remarks, the probability of the central bank cutting rates at its December meeting jumped from 39% to over 73%, according to the CME FedWatch tool. This positive sentiment provided relief to markets amid concerns over high valuations, particularly in AI-related stocks.
Myriad Genetics is down 42.8% since the beginning of the year, and at $7.73 per share, it is trading 53.7% below its 52-week high of $16.69 from December 2024. Investors who bought $1,000 worth of Myriad Genetics’s shares 5 years ago would now be looking at an investment worth $424.22.
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Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Monday and what’s on the radar for Tuesday’s session. Gold, bitcoin and ether These three were among the top searched tickers on CNBC.com in the last 24 hours. Gold is flat in the last month. In the last two months, gold is up 10%. Bitcoin is down 20% in the last month, and is down 22% in two months. Ether is down 25% in the last month. It is down 30% in two months. Ross Stores The off-price retailer hit an all-time high Monday. It listed way back in August 1985. Tears for Fears’ “Shout” was No. 1 on the top 40 back then. Ross Stores stock is up 10% in November and 27% in six months. The State Street SPDR S & P Retail ETF (XRT) is down 1.8% in November, and is off 6% in a month. ROST YTD mountain Ross Stores shares year to date. Michael Burry and the AI shorts CNBC ‘s Yun Lin reported that “The Big Short” investor Michael Burry has launched a Substack newsletter to publicize his “increasingly bearish thesis on artificial intelligence.” This move followed his decision to deregister his hedge fund, which had aimed to capitalize on AI stocks being overvalued. We’ll be follow the AI trade at 5 a.m. ET on “Worldwide Exchange” with Frank Holland. Shares of Alphabet shot up on Monday, jumping more than 6% as AI enthusiasts and shareholders learned more about the power of its latest generation of its AI platform. Some say it has eclipsed ChatGPT, Anthropic’s Claude and others. Alphabet is now up 13% in November. Amazon is down 7% in November, while Nvidia is down about 10% month to date. Meta is down more than 5% over the same period, while Microsoft has lost 8.5% and Apple has gained 2%. GOOGL YTD mountain Alphabet shares year to date Health care in the USA “Squawk Box” with Becky Quick, Joe Kernen and Andrew Ross Sorkin will have more on the health care sector after Monday’s jump. One reason why several big name stocks did so well was comments from Secretary Treasury Scott Bessent saying the administration may have a plan this week to lower health-care costs. Centene was up 4.6% on Monday. The stock is up 8% in November. Universal Health was up 2.2%. It has gained 9% in November. HCA Holdings rose 2% on Monday. The stock is up 9% in November.
A number of stocks jumped in the afternoon session after renewed enthusiasm for Alphabet reinvigorated the artificial intelligence trade, propelling a market rebound heading into the Thanksgiving holiday. The Nasdaq index jumped 2.6% and the S&P 500 gained 1.6%, driven by a 5% rally in Alphabet following the announcement of its upgraded Gemini 3 AI model. This optimism spilled over into the broader tech sector, lifting shares of Broadcom, Micron, and Palantir significantly. The rally built on momentum from the previous trading session, sparked by the New York Fed president keeping the door open for a December interest rate cut.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.
Among others, the following stocks were impacted:
Magnite’s shares are extremely volatile and have had 39 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 3 days ago when the stock gained 8.2% on the news that comments from a key Federal Reserve official hinted at a potential interest rate cut in December. John Williams, president of the Federal Reserve Bank of New York, signaled he was open to lowering the fed funds rate—the key interest rate that banks charge each other for overnight loans—to support the job market. Speaking at an event, Williams stated that he sees “room for a further adjustment” for interest rates, which immediately shifted market expectations. Following his remarks, the perceived likelihood of an interest rate cut at the Federal Reserve’s December meeting flipped from unlikely to more likely than not. The prospect of lower borrowing costs sent a wave of optimism through the markets, leading to a rally in major indices like the S&P 500, Dow Jones Industrial Average, and the Nasdaq Composite.
Magnite is down 8.4% since the beginning of the year, and at $14.74 per share, it is trading 44.4% below its 52-week high of $26.52 from August 2025. Investors who bought $1,000 worth of Magnite’s shares 5 years ago would now be looking at an investment worth $831.36.
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CARLSBAD, Calif., Nov. 24, 2025 /PRNewswire/ — Topgolf Callaway Brands Corp. (the “Company” or “Topgolf Callaway Brands”) (NYSE: MODG) today announced that President and Chief Executive Officer Chip Brewer will participate in a virtual fireside chat hosted by Jefferies analyst Randy Konik on November 25 at 9:00 a.m. PT.
An accompanying deck will be posted to our investor relations website under webcasts & presentations prior to the event and a replay of the meeting will be available on the same page approximately two hours after the conclusion of the event.
About Topgolf Callaway Brands Topgolf Callaway Brands Corp. (NYSE: MODG) is an unrivaled tech-enabled Modern Golf and active lifestyle company delivering leading golf equipment, apparel, and entertainment, with a portfolio of global brands including Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey, and OGIO. “Modern Golf” is the dynamic and inclusive ecosystem that includes both on-course and off-course golf. For more information, please visit https://www.topgolfcallawaybrands.com/.
