• I got an AI internship in college by posting a coding fix to a company’s Facebook. Now I’m a full-time engineer at a startup.

    Felix Wallis is a research engineer.
    Felix Wallis, 23, is a research engineer for an AI startup.

    • Felix Wallis landed a research engineer job at an AI startup right after graduating from college.
    • Instead of mass-applying for roles, he focused on demonstrating interest in startups he liked.
    • He got his first internship by coding a fix and posting it on the company's Facebook group.

    This as-told-to essay is based on a conversation with Felix Wallis, 23, a research engineer from London, who works at Artificial Societies. His education, internship, and employment have been verified by Business Insider. This piece has been edited for length and clarity.

    It can be challenging to secure a job in AI the traditional way — writing cover letters, blanket-applying for roles, and hoping for the best.

    I thought it would be far more straightforward to find a company I was genuinely interested in and personalize my approach — either by building or improving a tool for them, or developing a relationship with senior people at the company.

    That strategy helped me land an AI internship while I was still in college, and ultimately led to me securing a full-time job as a research engineer at the AI startup Artificial Societies, which I joined immediately after completing my postgraduate degree.

    My coding journey started with a Christmas present

    When I was about 10, my parents gave me a Raspberry Pi for Christmas, which came pre-installed with Python. It was the start of my coding journey.

    My parents weren't keen on me playing computer games, but I wanted to play them so badly that I decided to make my own. That, they supported. I started with small Python projects, although I eventually realized it was a terrible language for making games. I moved on to playing around with machine learning, which I'd read about online.

    What kept me going was a desire to solve problems I faced as a student, like how to share notes with other pupils. I learned everything from YouTube, the Q&A website for programmers Stack Overflow, and the wider internet.

    AI's hype felt justified

    At high school in London, I was interested in both math and politics, but I wasn't sure what I wanted to pursue as a career. I had this boring notion of going into finance or investment banking until I came across an undergraduate degree at University College London that combined social and data sciences. It was the perfect course for me.

    I started at UCL in 2021 and, during the academic year, did as many internships as possible, mostly in tech and AI. There was a lot of hype around AI, but I felt it was justified. Every day, I was seeing new use cases emerging, and it seemed like an exciting time for young people to be part of what felt like a dot-com-era-style boom.

    While at university, I came across a company called CoLoop, which used AI to synthesize research material into PDFs. I was struggling to read all the articles for my course, and the summarization tool was a real problem-solver. I used it a lot.

    When they made a change to the user interface that I didn't like in 2022, I wrote some code to fix it and shared it on GitHub. I shared the post on CoLoop's Facebook group, and the founder ended up seeing it. It got me an internship that summer, because I think it demonstrated how interested I was in the product.

    Felix Wallis headshot
    Felix Wallis, 23, works at Artificial Societies.

    At CoLoop, I met fellow intern James He, a student at the University of Cambridge. We ended up co-authoring an academic paper in 2023, which was published in the British Journal of Psychology. The paper explored whether large groups of AI chatbots could mimic collective human behavior.

    The idea — that thousands of chatbots could form communities that interact and communicate like humans — formed the basis of Artificial Societies, a company James cofounded in 2024.

    At the time, I had started a one-year master's degree in social data science at the University of Oxford. I spent about 10 weeks perfecting my 1,000-word application for it and didn't apply for anything else.

    The course taught me about natural language processing, quantitative text analysis, and the application of machine learning — all essential for understanding how today's AI products actually work. Once you grasp the mechanisms, you begin to see ways to improve them.

    Throughout my postgraduate studies, I stayed in touch with James. After I graduated, he invited me for a trial with his team. If it didn't work out, I planned to apply for roles at other AI startups and larger companies, like Mistral and Anthropic. In September, Artificial Societies hired me as a research engineer, where I build AI models, the infrastructure to support them, and run simulations.

    My advice: find a startup you're passionate about and demonstrate your interest

    My advice for other graduates seeking jobs in AI is to focus on products you genuinely like in the startup space. Everyone will say they want to work at OpenAI or Google, but if you can find a specific startup that really speaks to you, it's easier to demonstrate your interest.

    You can show that enthusiasm by proposing a new feature, building a small tool for their product, or simply engaging with their user community. It could lead to an internship, like it did for me. Even if it doesn't turn into a full-time role, you'll meet like-minded people who might one day found a company and offer you a job down the line.

    You can't fake interest or passion — and proving you have them is, in my experience, the best way to get hired.

    Read the original article on Business Insider
  • My 5 kids are all adults. It’s tough to stay relevant in their lives.

    Son hugging his old mother hands of an elderly woman and man close up
    The author says that parenting adults is hard and sweet.

    • As my kids grew into adulthood, my relationship with them changed.
    • I moved to California to stay connected with them, as they started dating and getting married.
    • I now watch them be the people they've become.

    I found my favorite description of parenting in a novel I read a few years ago. The author's definition of what it means to raise kids to adulthood was perfect.

    The story's main character pictures herself in a theatre and explains that when your child is very young, you are in the prompter's box, located in the orchestra pit, directing the play. Then you move to the first few rows of seats and become a prominent member of the audience. Eventually, you end up on the balcony, where you can observe the play but are less involved in the actual production.

    Old photo of mom and baby
    The author says her role as her kids grow up has changed.

    That's me today. After devoting decades to raising five children, always prioritizing their needs over mine, I'm now in those upper rows watching their lives play out. I miss the years of living in the controlled chaos of our large family and yearn to stay relevant.

    At 18, they still needed me

    As each one headed out the door to college, I cried buckets of tears and wondered what this next chapter would look like for all of us. They called often during those first few weeks on their own. They asked things like "How do I make boxed mac and cheese?" or "How do I kill the cockroaches in my shower?" and "What should I take for a cold?"

    Mom tying tie
    The author says her kids still needed her even when they were in college.

    The more comfortable they became away from home, the fewer times they checked in, so I was thrilled each time the phone rang. I spoke with my oldest almost every day. After an unproductive semester in college, he moved across the country. He gave me three days' notice before departing, but I didn't try to stop him. I'd done the same thing when I was 19, and honestly, it was the best decision both he and I ever made.

    As he began exploring life as a newly formed adult, he still yearned for a tether to me, his mom. We had some of the best conversations during his early years away from home. We were two grown-ups comparing life experiences, expressing opinions, and truly getting to know each other on a whole new level. On the morning he called to tell me someone had thrown a rock through the window of his ground-floor apartment, he was my little boy again. I wanted to comfort him with more than words, but I felt helpless 3,000 miles away. He recovered from the shock and fright, and when he moved to another apartment, I flew out to help him settle in.

    In their 20s, they didn't need me as much

    My world started to feel very narrow as theirs broadened after college graduation. I was proud of all they were achieving on their own. Of course, I took credit for raising these independent, successful adults, but now that they no longer needed me, I wondered if they still wanted me.

    None of my children has a relationship with their father. It was easy for them to disconnect from him, but was that going to happen to me, too? Not if I could help it.

    When four of the five relocated to the West Coast, I decided to follow. In my ideal world, we'd all live within walking distance of each other.

    When I arrived in California, my kids were thrilled to see me. After helping me unpack, one son said, "I'm taking you to brunch. A guy just needs to spend time with his mother."

    But even in proximity, it wasn't the same. I was no longer the queen of their universe.

    Their relationships make me relevant

    Each of them is in a committed relationship; two are married. It's an unwritten rule that when they get serious, it is my child who gives their partner my contact information. That's a defining moment for all of us as these significant others begin to build a connection with me. And they are the ones who are making me relevant in my children's lives today.

    Many of our text chain conversations, get-togethers, and family events begin with them. Often, I bypass my own sons, who are frequently unresponsive, and text the wives and girlfriends directly. They always answer. Now they're connecting me with their mothers, and we're creating an ever-widening circle.

    I may never be as relevant to my children now as I was when they were young, but they know I'm always available, sitting in the upper level of the balcony, enjoying the play.

    Read the original article on Business Insider
  • 5 long-lost cities that were buried for centuries — and the surprising ways they were rediscovered

    Derinkuyu, Turkey's underground city.
    Derinkuyu, Turkey's underground city.

    • Throughout human history, cities have been abandoned or reclaimed by nature.
    • Sometimes people rediscover these cities using technology or by a stroke of luck.
    • These five cities, buried under rock, ice, or vegetation, have resurfaced.

    Humans have been building cities for centuries, but they don't always last. In some cases, nature has reclaimed them. Other times, people simply built on top of older structures.

    Technology, including lidar and radar, helps uncover some lost or abandoned cities. Warming temperatures and drier conditions have caused other towns to resurface.

    Others have been unearthed purely by accident.

    Here are five hidden cities buried by rock, snow, or vegetation that people have rediscovered.

    In 2020, archaeologists stumbled upon a limestone cave leading to a huge underground city in Turkey.
    A large hole in the ground with workers standing in and near it in a building's courtyard
    Workers outside the Matiate archaeological site in Midyat in southeastern Turkey.

    Midyat, in southeastern Turkey, has long held religious significance, as evidenced by its monasteries and churches, some of which were built in the 6th century.

    In 2020, researchers on an excavation project unexpectedly found an entrance to a sprawling subterranean city, Agence France-Presse reported in 2024. Its construction was even older than the above-ground churches, dating back almost 2,000 years.

    The city's inhabitants, possibly fearing persecution, fled underground and created an entire world.

    As many as 60,000 people may have lived in the city, which dates back thousands of years.
    A man in shadow shows a figure carved into a cave wall
    Mervan Yavuz shows figures carved inside the Matiate archaeological site.

    Tunnels carved into the rock connect dozens of rooms in the underground city, known as Matiate. Researchers found coins, human and animal bones, and areas for storing food and wine, The Wall Street Journal reported.

    People occupied the site for hundreds of years and had many reasons for seeking shelter under ground.

    "To protect themselves from the climate, enemies, predators and diseases, people took refuge in these caves, which they turned into an actual city," Mervan Yavuz, the Midyat conservation director, told AFP.

    Some may have been looking for a place to safely practice their religions, Yavuz added. "Pagans, Jews, Christians, Muslims, all these believers contributed to the underground city of Matiate."

    Workers have only excavated a fraction of Matiate, which covers an estimated 9 million square feet.
    A worker in an orange vest and a person in a plaid shirt inside caves that used to be dwellings
    Workers have found many artifacts in the Matiate archaeological site.

    "Our aim is to gradually uncover the entire underground city and open it to tourists," excavation leader Gani Tarkan told Daily Sabah last year.

    Eventually, Matiate could rival the size and popularity of another of Turkey's underground cities, Derinkuyu.

    Disappearing chickens helped a farmer locate the underground city of Derinkuyu.
    Derinkuyu, Turkey's underground city.
    Derinkuyu, Turkey's underground city.

    In 1963, a man in the Cappadocia region of Turkey kept losing chickens during renovations on his basement, the BBC reported in 2022. They would slip through a gap in the wall and disappear. It turned out the wall concealed a tunnel to a long-forgotten city.

    Located nearly 280 feet under the ground, the cavernous rooms and tunnels were once home to 20,000 people.

    The region's stony spires hide 18 levels of living space connected by tunnels.
    Derinkuyu, Turkey's underground city.
    Derinkuyu, Turkey's underground city.

    The area's rock is made from volcanic ash and forms natural spires. Known as tuff, the rock is easy to carve and shape, which may have helped residents build the underground tunnels and dwellings.

    The city is ancient, with some estimates of its age at around 3,000 years. In 370 BCE, Xenophon of Athens described a site that seemed to match what's now known as Derinkuyu.

    After its rediscovery, archaeologists and others began excavating Derinkuyu, eventually finding over 600 openings leading to the city. Storage rooms, stables, and schools covered 171 square miles. There was a well for water and ventilation shafts bringing in fresh air.

    While residents didn't seem to live underground permanently, they could hide from violence or harsh weather for months at a time, the BBC reported.

    Derinkuyu is now a tourist draw.
    People gather at the opening of a cave with stairs leading down
    Tourists explore a passage in the Derinkuyu underground city in Turkey in 2022.

    In the 1920s, Cappadocian Greeks left the city behind after the Greco-Turkish War. They likely knew about the metropolis beneath their feet but took that knowledge to Greece.

    Following Derinkuyu's rediscovery, it became a huge draw for the region.

    Visitors can now explore several levels of Derinkuyu to see how people sought refuge for hundreds of years in the claustrophobic caves.

    A Nevada drought uncovered a ghost town.
    A side-by-side image of Lake Mead in 2000 and 2022 showing how much it's shrunk over the years
    Lake Mead in 2000 and 2002.

    A decades-long megadrought continues to bake the Southwestern US.

    In the early 1980s, Lake Mead, the Hoover Dam's reservoir, was nearing its full capacity of 9.3 trillion gallons of water. In 2022, it was at its lowest level since 1937, when it was first filling up, according to NASA's Earth Observatory.

    Satellite images showed a "bathtub ring" of mineralization where water previously covered the shore. A once-wide section of the lake narrowed and then disappeared in the past 20 years.

    As the evaporating water revealed the bed below, the remnants of an abandoned town began to emerge.

    The drought revealed the remnants of a small town that had made way for the Hoover Dam.
    A hand holds a photo of a building in front of its steps with the rest of the building missing
    Many of St. Thomas' buildings are now gone.

    In 1928, President Calvin Coolidge signed a bill ordering the construction of what would become the Hoover Dam. It was completed in 1936, causing the Colorado River to start rising.

    As water pooled in valleys, Lake Mead began to form. Unfortunately for the residents of St. Thomas, Nevada, they were right in its path.

    Mormons settled the town in 1865, though most burned their homes and moved after a dispute over taxes, according to the National Park Service. By the 1880s, newcomers had found the town, which would eventually become home to around 500 people.

    When the river water started flooding, the town had everything from a school to a post office to an ice cream shop.

    In 1838, the last resident escaped by boat.

    "St. Thomas, for a long time, you couldn't get to without scuba diving," Michael Green, a University of Nevada, Las Vegas history professor, told The Las Vegas Review-Journal in 2019.

    The drought changed that.

    Today the reemerged town, St. Thomas, is a symbol of climate change.
    Remains of a building in the drying up Lake Mead
    The remains of St. Thomas with the ruins of the Hannig Ice Cream Parlor in the distance in 2015.

    St. Thomas started peeking through the disappearing lake in 2002. Walls, foundations, bits of metal, and broken glass litter the earth now.

    The town reemerged in 1945 and 1963 but the lake swallowed it up again. It's unclear when that may happen again because climate change is fueling water loss in the Colorado River, a 2023 study found.

    Lake Mead rose 16 feet in 2024 after coming dangerously close to the "dead pool" level, when the Hoover Dam would no longer be able to release water downstream to Arizona and California, SFGate reported.

    Ice-penetrating radar captured an image of a frozen town in Greenland in 2024.
    A plane wing over clouds and a radar image of a structure under the ice
    Chad Greene captured a radar image of Camp Century buried under Greenland's ice.

    In April 2024, NASA Jet Propulsion Laboratory scientists accidentally caught a glimpse of the Cold War past, buried 100 feet under Greenland's frozen landscape.

    Over 900 miles north of Nuuk, the country's most populous city, there was once a secret town of Army workers. Now the only way to see the frozen city, known as Camp Century, is through ice-penetrating radar.

    "It's sort of like an ultrasound for ice sheets, where we're mapping out the bottom of the ice sheet," Chad Greene, the cryospheric scientist who took the picture, told Business Insider.

    While there are other radar images of Camp Century, this newer device, the UAVSAR (Uninhabited Aerial Vehicle Synthetic Aperture Radar), is more powerful. "That is the highest-resolution image that we've ever gotten to see at this camp," Greene said.

    Camp Century was a military base that was supposed to operate as a small town while holding Cold War secrets.
    A tunnel in snow with tire tracks leading into it
    Camp Century was located under the ice, and accumulating snow has only buried it more deeply.

    Remote and inhospitable, northern Greenland seemed like an ideal place for a Cold War military base. The US Army Corps of Engineers started constructing Camp Century 26 feet below the ice in 1959.

    They dug tunnels large enough for an electric railroad to connect to a supply base over 150 miles away. The 2-mile-long complex, powered by a nuclear reactor, was large enough for 200 soldiers. So they didn't miss the comforts of home, they would have access to a gym, game rooms, library, and barber shop, Popular Science reported in 1960, while the base was still under construction.

    The Army told journalists that scientists used Camp Century as a base for collecting and researching the world's first ice core samples. While that was true, the frozen city was also part of Project Iceworm. That mission, to launch ballistic missiles from under the ice, was kept under wraps and was eventually scrapped.

    Army officials thought Camp Century would remain buried forever, but that now seems unlikely.
    Men in winter gear put up support structures in a tunnel
    Workers constructing Camp Century in 1959.

    The Army's expectation for Camp Century after abandoning it in 1967 was that snowfall would keep it "preserved for eternity," a group of engineers wrote in a 1962 journal article. Over the decades, dozens of feet of ice and snow have further covered the base. The problem is that warming temperatures could reverse that trend.

    If Camp Century melts, thousands of gallons of radioactive waste could surface as well. A 2016 study predicted the area will start losing ice by 2090.

    Lidar data helped researchers find thousands of Maya structures in Mexico.
    A strip of lidar showing structures beneath a canopy of leafy trees
    Lidar helped reveal hidden structures beneath the trees in Mexico.

    Luke Auld-Thomas was deep in a Google search when he hit the jackpot … for a graduate student in archaeology, at least. It was lidar data for environmental analysis, but he was interested in what was under the trees.

    To capture that kind of information, a plane flies over an area and the lidar sensor emits millions of pulses of light that are used to measure the distance between the plane and the objects below. Some light slips between the tree canopy to the ground, which can reveal forgotten structures.

    The dataset covered an area of Campeche in Southeastern Mexico where Lowland Maya civilizations once flourished. However, the area is so dense with trees, it's impossible to see structures from the sky. Archaeologists had never studied this particular spot, so Auld-Thomas wasn't sure what the data would show.

    It turned out that there were thousands of structures under the leaves.

    "The locals were aware of the ruins nearby, but the scientific community had no idea," Marcello Canuto, a Tulane University professor and Auld-Thomas' advisor, told Business Insider.

    The researchers were surprised to find one of the most densely populated settlements at the time.
    Lidar images of bumpy structures with labels including ballcourt, dam, and houses
    Lidar images of Valeriana, a hidden city in Mexico.

    When Auld-Thomas and Marcello started looking at the lidar data, they were surprised to see an entire city, packed with buildings. It may have been home to 30,000 to 50,000 people between 750 and 850 CE.

    The city covered around 6 square miles. The team found over 6,700 structures, including houses, plazas, temple pyramids, and a ballcourt. Some areas were dense while others were more rural, Canuto said.

    "There's also causeways, like roads, terraces, hydraulic canals, reservoirs, things that suggest that the landscape is being modified for a series of reasons," he said, including transportation and growing food.

    Based on the city's scope, Canuto said it may have served as a regional capital that would have been home to elites or a royal family.

    The researchers called it Valeriana, after a nearby lagoon.

    Scientists still haven't visited Valeriana.
    A stone structure with steps that are crumbling
    A Maya pyramid in the Mexican state of Campeche that may be similar in style to the Valeriana site.

    Right now, everything the researchers know about Valeriana comes from the lidar data. That information can help see the size and shape of buildings and the size of the city, but they need to visit the site to learn more.

    "What lidar doesn't tell you is what's below the surface," Canuto said. The Maya may have buried some objects or structures, or soil may have covered them.

    Canuto said many of the stone buildings have likely crumbled over the centuries. They may be decorated or have important architectural features that lidar can't reveal.

    While Canuto isn't planning to go to Valeriana himself, he hopes researchers from Mexico's National Institute of Anthropology and History will study the site.

    "That's the point of open data is to say, 'Look, it's open to everybody, so make use of it,'" he said.

    Read the original article on Business Insider
  • Walmart execs are ‘optimistic’ about holiday sales — but ‘keeping an eye’ on this group of customers’ spending

    A worker pulls carts past parked cars in the parking lot of a Walmart store in California that has palm trees planted outside of its entrance.
    Walmart CFO John David Rainey said the big-box chain is "optimistic" that customers will spend this holiday season.

    • Walmart's CFO said that the chain is "optimistic" about consumers' spending this holiday season.
    • That's in contrast with the widening slowdown that other retailers have described.
    • Upper- and middle-income consumers continue to spend at the chain, Walmart executives said.

    Some retailers are warning about shoppers pulling back on spending heading into the holiday season. Not Walmart.

    Executives at the big-box chain said on an earnings call Thursday that smaller sales events so far in the second half of 2025, from back-to-school deals to Halloween, have pointed to strong holiday sales.

    "Everything that we've seen so far makes us optimistic and encouraged about customers and members leaning into the seasonal events and holiday shopping period," CFO John David Rainey said.

    Walmart reported third-quarter same-store sales that were above analysts' expectations on Thursday. The chain has benefited as upper- and middle-income shoppers continue to visit Walmart stores, CEO Doug McMillon said.

    That's a more upbeat outlook than other retailers have provided lately.

    Chains from Home Depot to McDonald's have warned in their latest earnings reports that even middle- and high-income shoppers have been pulling back. Low-income shoppers, meanwhile, are feeling as squeezed as ever.

    And while the National Retail Federation, a trade group for retailers, expects sales this holiday shopping season to hit $1 trillion for the first time, the group still anticipates slower sales growth than the 2024 holiday season.

    Part of Walmart's optimism comes from its size, David Silverman, senior director at Fitch Ratings, said in a note after Walmart released its earnings report.

    Walmart's scale — spanning thousands of stores, an online business, and a distribution network — means it can minimize the effect of President Trump's tariffs, Silverman said.

    John Furner, who will become Walmart's CEO next year, said Thursday that the retailer has "seen less impact than we would have expected early in the year" from tariffs.

    It can also keep prices lower than rivals — something that has bolstered sales, including from customers more affluent than Walmart's target audience who are trying to save money.

    "Walmart is not immune from the current volatile environment, as it sees some spending pullback and choicefulness from lower-income cohorts, although it is benefiting from trade-down by upper-end customers," Silverman wrote.

    CFO Rainey said that Walmart is still seeing lower-income consumers limit their spending. "There's certainly some pockets of moderation that we're keeping an eye on," Rainey said.

    There's also the question of what happens in the new year once holiday spending ends: The first quarter tends to be the slowest sales season for many retailers and consumer brands.

    For now, Walmart's results show that consumers are "bifurcated," Zacks Investment Research analyst Bryan Hayes wrote on Thursday.

    "Value-oriented giants thrive by attracting diverse income groups, while discretionary-focused peers like Target face headwinds," Hayes wrote.

    Read the original article on Business Insider
  • Where will Nvidia stock be in 3 years?

    A tech worker wearing a mask holds a computer chip.

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    Key Points

    • Nvidia’s valuation remains surprisingly fair compared to its growth and profitability metrics.
    • The company’s great fundamentals may be concealing a hidden risk.

    Three years ago, OpenAI’s ChatGPT hadn’t even launched. Today, it is the leading software service in the multibillion-dollar generative artificial intelligence (AI) industry.

    Nvidia (NASDAQ: NVDA) also plays a massive role in that arena. But with its shares up by more than 1,000% over the last three years, investors have to wonder how much growth potential is left for the chipmaker. Could it still be a compelling long-term buy?

    Nvidia’s stock is surprisingly reasonable

    With a market cap of $4.63 trillion, Nvidia is the largest company in the world. And investors could be forgiven for assuming it’s trading at sky-high multiples that are detached from its fundamentals.

    But that isn’t the case. With a forward price-to-earnings (P/E) multiple of just 28, Nvidia stock has a surprisingly reasonable valuation compared to the Nasdaq-100‘s average of 26, particularly when considering its explosive top- and bottom-line growth rates.

    In the second quarter, its revenue soared 56% year over year to $46.7 billion, driven by strong sales in its data center segment, where the company designs and sells the cutting-edge AI chips most commonly used to train and power large language models (LLMs). Despite selling physical products, it boasts a software-esque gross margin of 72.2%, which shows that its chips continue to be well differentiated from the competition because of factors like CUDA, the proprietary software platform that helps developers program its chips for specific tasks.

    Investors can compare this to the way Apple synergizes its iOS with its iPhones to make them work better together, and tries to create a walled garden of services and apps that makes it harder for users to leave the ecosystem for alternative hardware, even if rival devices have comparable raw technical stats.

    Nvidia’s economic moat gives it immense pricing power, which flows straight to its bottom line. Second-quarter earnings per share jumped 61% year over year to $1.08, and analysts expect more growth in the future.

    What could go wrong? 

    Nvidia’s CUDA platform and its cutting-edge chip design have combined to secure it a dominant position in the market for generative AI hardware. And its customers continue to spend eye-popping sums on its wares. According to The New York Times, big tech’s data center buildout is actually accelerating, with Alphabet, Microsoft, and Amazon spending a combined $112 billion on capital expenditures over the last three months alone. Much of that cash went to Nvidia’s high-priced AI chips for data centers.

    On the surface, it looks like everything is great. Nvidia has a strong economic moat, its customers remain willing to buy its products, and its valuation remains incredibly low compared to its earnings growth. What could go wrong?

    The short answer is the technology itself. Right now, generative AI doesn’t seem to be commercially viable on a large scale because of challenges with LLM accuracy and the immense costs needed to run and train the algorithms. (Nvidia’s high prices play a role in inflating costs throughout the industry.)

    The losses are getting hard to ignore. For example, ChatGPT creator OpenAI expects to lose $9 billion this year on $13 billion in revenue, a burn rate of around 70% of sales. Losses are expected to increase as it scales up its operations.

    It is normal for growth companies (and by extension, industries) to generate losses when they are in their early expansion phases, but the AI buildout seems to be based on some core assumptions that may not materialize. There is actually no guarantee that today’s generative AI systems will evolve into more useful forms like artificial general intelligence (AGI), which is a currently theoretical technology that would be able to solve problems and learn without human input.

    Many analysts are already arguing that LLMs’ development may be reaching a point of diminishing returns. And if the technology doesn’t become dramatically more useful, Nvidia’s customers may begin to rethink the vast amount of resources they are committing to their infrastructure budgets.

    What do the next three years have in store?

    With its relatively low valuation and strong customer demand, Nvidia stock looks unlikely to crash anytime soon. But it’s also hard to get excited about it as an investment now, considering the extreme hype and lack of profitability on the consumer side of the AI industry.

    In light of all that, Nvidia stock looks to me like a hold for now. And investors who already own shares should consider taking some profits.

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    The post Where will Nvidia stock be in 3 years? appeared first on The Motley Fool Australia.

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    Should you invest $1,000 in Nvidia right now?

    Before you buy Nvidia shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Nvidia wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

    .custom-cta-button p { margin-bottom: 0 !important; }

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    More reading

    Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet, Amazon, Apple, Microsoft, and Nvidia. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has recommended Alphabet, Amazon, Apple, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • The list of major companies laying off staff this year includes Verizon, IBM Amazon, Starbucks, American Airlines, and more

    Verizon store
    Verizon is one of the latest companies to cut jobs in 2025.

    • Companies such as Verizon, Starbucks, Meta, Microsoft, and UPS have trimmed staff this year.
    • Amazon joined the fray in October, announcing that it would cut roughly 14,000 staff.
    • See the list of companies letting workers go in 2025.

    The list of companies laying off employees this year is growing.

    Layoffs and other workforce reductions have continued in 2025, following two years of significant job cuts in the tech, media, finance, manufacturing, retail, and energy sectors.

    While the reasons for slimming staff vary, the cost-cutting measures are coming amid technological change. A World Economic Forum survey found that some 41% of companies worldwide expect to reduce their workforces over the next five years because of the rise of artificial intelligence.

    Companies such as Oracle, CNN, Dropbox, and Block have previously announced job cuts related to AI. In October, Amazon joined its tech peers in laying off staff, citing the rapid pace of technological change as it expands its use of generative AI and agents.

    Meanwhile, tech jobs in big data, fintech, and AI are expected to double by 2030, according to the WEF.

    Here are the companies with job cuts planned or already underway in 2025, listed in alphabetical order.

    Adidas plans to cut up to 500 jobs in Germany
    Adidas shoes are seen in the store in Hoofddorp, Netherlands.
    Despite a strong year, Adidas is planning job cuts.

    Adidas said in January that it would reduce the size of its workforce at its headquarters in Herzogenaurach, Germany, affecting up to 500 jobs, CNBC reported.

    If fully executed, it amounts to a reduction of nearly 9% at the company headquarters, which employs about 5,800 employees, according to the Adidas website.

    The news came shortly after the company announced it had outperformed its profit expectations at the end of 2024, touting "better-than-expected" results in the fourth quarter.

    An Adidas spokesperson said the company had grown "too complex because of our current operating model."

    "To set adidas up for long-term success, we are now starting to look at how we align our operating model with the reality of how we work. This may have an impact on the organizational structure and number of roles based at our HQ in Herzogenaurach."

    The company said it is not a cost-cutting measure and could not confirm concrete numbers.

    Ally is cutting less than 5% of workers
    Hands typing on a laptop with the Ally website on its screen.

    The digital-financial-services company Ally is laying off roughly 500 of its 11,000 employees, a spokesperson confirmed to BI.

    "As we continue to right-size our company, we made the difficult decision to selectively reduce our workforce in some areas, while continuing to hire in our other areas of our business," the spokesperson said.

    The spokesperson also said the company was offering severance, outplacement support, and the opportunity to apply for openings at Ally.

    Ally made a similar level of cuts in October 2023, the Charlotte Observer reported.

    Amazon will cut 14,000 corporate jobs
    Amazon logo on the front of the building in Edison, New Jersey, on October 23, 2023.
    Amazon will lay off 14,000 of its employees.

    Amazon said in late October it plans to eliminate 14,000 corporate roles, one of the biggest layoffs in its history.

    The move is part of CEO Andy Jassy's push to run the company "like the world's largest startup," according to a blog post from Beth Galetti, SVP of People Experience & Technology.

    Galetti said rapid advances in AI are changing how Amazon works and enabling faster innovation, prompting the company to get leaner with fewer management layers.

    The cuts follow years of belt-tightening since the pandemic.

    American Airlines is cutting management and support staff
    An American Airlines plane flies overhead.
    American Airlines is cutting some management and support jobs.

    American Airlines said in November that it is cutting management and support roles to optimize performance and become more efficient.

    "We're making a small reduction to our management and support staff team to right-size for the work we do today," American Airlines said in a statement shared with Business Insider.

    The job cuts mainly affect positions at the airline's headquarters in Fort Worth, Texas. Bloomberg first reported the cuts.

    "We remain focused on continuing to invest in areas that support American's long-term business objectives, and these targeted investments will be made thoughtfully to position our airline for continued success," the statement said.

    Applied Materials says it will cut 4% of its workforce
    An employee walks past an Applied Materials machine in a clean room.
    Applied Materials said it expects to "incur charges of approximately $160 million to $180 million" due to the layoffs.

    Semiconductor company Applied Materials said in an exchange filing on October 23 that it would be cutting 4% of its global workforce.

    Applied Materials has around 36,100 full-time employees, per its earnings release in August, meaning the cuts will affect about 1,444 employees.

    The company said it expects to "incur charges of approximately $160 million to $180 million consisting primarily of severance and other one-time employment termination benefits to be paid in cash, and other non-cash related charges."

    It added that the cuts would help position it "for continued growth as a more competitive and productive organization."

    Automattic, Tumblr's parent, cuts 16% of staff
    Logo of Tumblr.

    Automattic, the parent company of Tumblr and WordPress, said in April it is cutting 16% of its staff globally. The company's website said it has nearly 1,500 employees.

    Automattic's CEO, Matt Mullenweg, said in a note to employees posted online that the company has reached an "important crossroads."

    "While our revenue continues to grow, Automattic operates in a highly competitive market, and technology is evolving at unprecedented levels," the note read.

    The company is restructuring to improve its "productivity, profitability, and capacity to invest," it added.

    The company said it was offering severance and job placement resources to affected employees.

    Best Buy is cutting more Geek Squad staff
    A Geek Squad by Best Buy truck with in California.

    Best Buy is cutting a small number of workers in the customer care and in-home field teams, with affected workers to receive severance, a spokesperson told Bloomberg in September.

    The reductions follow a round of layoffs in the Geek Squad division last year as the company looks to improve efficiency and invest in newer areas of the business.

    BlackRock is cutting 1% of its workforce.
    A black-and-white photo of the BlackRock logo on a building, viewed from below.

    BlackRock told employees it was planning to cut about 200 people of its 21,000-strong workforce, Bloomberg reported in January.

    The reductions were more than offset by some 3,750 workers who were added last year and another 2,000 expected to be added in 2025.

    BlackRock's president, Rob Kapito, and its chief operating officer, Rob Goldstein, said the cuts would help realign the firm's resources with its strategy, Bloomberg reported.

    Block to lay off nearly 1,000 workers
    Smartphone with Square logo is seen in front of displayed Afterpay logo

    Jack Dorsey's fintech company, Block, is laying off nearly 1,000 employees, according to TechCrunch and The Guardian, in its second major workforce reduction in just over a year.

    The company, which operates Square, Afterpay, CashApp, and Tidal, is transitioning nearly 200 managers into non-management roles and closing almost 800 open positions, according to an email obtained by TechCrunch.

    Dorsey, who co-founded Block in 2009 after previously leading Twitter, announced the layoffs in March in an internal email titled "smaller block."

    The restructuring is part of a broader effort to streamline operations, though Block maintains the changes are not driven by financial targets or AI replacements.

    Bloomberg is making cuts in an overhaul of its newsroom
    Bloomberg LP NYC office exterior

    Bloomberg is cutting some editorial staff as the company reorganizes its newsroom, according to a memo viewed by BI. The larger strategy aims to have a larger headcount by the end of this year, however.

    The newsroom currently employs around 2,700 people, and the changes will merge some smaller teams into larger units, the memo said.

    Blue Origin is laying off one-tenth of its workforce
    Blue Origin

    Jeff Bezos's rocket company, Blue Origin, is laying off about 10% of its workforce, a move that could affect more than 1,000 employees.

    In a memo sent to staff in February and obtained by Business Insider, David Limp, the CEO of Blue Origin, said the company's priority going forward was "to scale our manufacturing output and launch cadence with speed, decisiveness and efficiency for our customers."

    Limp specifically identified roles in engineering, research and development, and management as targets.

    "We grew and hired incredibly fast in the last few years, and with that growth came more bureaucracy and less focus than we needed," Limp wrote. "It also became clear that the makeup of our organization must change to ensure our roles are best aligned with executing these priorities."

    The news comes after January's debut launch of the company's partially reusable rocket — New Glenn.

    Boeing cut 400 roles from its moon rocket program
    Boeing Employees Renton Washington

    Boeing announced on February 8 that it plans to cut 400 roles from its moon rocket program amid delays and rising costs related to NASA's Artemis moon exploration missions.

    Artemis 2, a crewed flight to orbit the moon on Boeing's space launch system, has been rescheduled from late 2024 to September 2025. Artemis 3, intended to be the first astronaut moon landing in the program, was delayed from late 2025 and is now planned for September 2026.

    "To align with revisions to the Artemis program and cost expectations, we informed our Space Launch Systems team of the potential for approximately 400 fewer positions by April 2025," a Boeing spokesperson told Business Insider. "We are working with our customer and seeking opportunities to redeploy employees across our company to minimize job losses and retain our talented teammates."

    The company will issue 60-day notices of involuntary layoff to impacted employees "in coming weeks," the spokesperson said.

    Boeing cut 10% of its workforce last year.

    BP slashed 7,700 staff and contractor positions worldwide
    A BP logo on a gas station sign.

    BP told Business Insider in January that it planned to cut 4,700 staff and 3,000 contractors, amounting to about 5% of its global workforce.

    The cuts were part of a program to "simplify and focus" BP that began last year.

    "We are strengthening our competitiveness and building in resilience as we lower our costs, drive performance improvement and play to our distinctive capabilities," the company said.

    Bridgewater cut about 90 staff
    An office in a forested area with a glass bridge connecting buildings.
    Outside Bridgewater Associates' Westport, Connecticut headquarters.

    Bridgewater Associates cut 7% of its staff in January in an effort to stay lean, a person familiar with the matter told Business Insider.

    The layoffs at the world's largest hedge fund bring its head count back to where it was in 2023, the person said.

    The company's founder, Ray Dalio, said in a 2019 interview that about 30% of new employees were leaving the firm within 18 months.

    Bumble said it intends to cut 30% of its workforce.
    whitney wolfe herd bumble ceo founder
    Founder and CEO of Bumble Whitney Wolfe attends Bumble Presents: Empowering Connections at Fair Market on March 9, 2018 in Austin, Texas.

    In a June 23 securities filing, Bumble said it plans to slash 240 roles, about 30% of its workforce. The dating app company said the cuts will result in charges between $13 million and $18 million in its third and fourth quarters.

    "We recently made some difficult decisions to adjust our team structure in order to align with our strategic priorities," a Bumble spokesperson said.

    They told BI that the decision to lay off over 200 employees wasn't "made lightly."

    Burberry says it plans on cutting 1,700 jobs
    Burberry logo and flag

    Burberry announced 1,700 job cuts in May, or about 18% of its global workforce, as part of plans to cut costs by about £100 million ($130 million) by 2027.

    It plans to end night shifts at its Yorkshire raincoat factory due to production over-capacity.

    The British company sunk to an operating loss of £3 million for the year to the end of March, compared with a £418 million profit for the previous 12 months.

    Carter's plans to reduce its office-based workforce by 15%
    Carter's display

    Carter's, a children's retailer, said it will cut about 300 office-based roles, or 15% of those positions, by the end of 2025. The reduction was announced October 27 alongside plans to close 150 stores over the next three years.

    The job cuts are expected to incur a $4 million to $5 million charge in the fourth quarter fiscal year 2025 from severance and outplacement services, the company said in October.

    "We are pursuing several initiatives, including closing low-margin retail stores, right-sizing our organization, and honing product choices," CEO Douglas Palladini said in a press release.

    Chegg says it will cut its workforce by about 45%
    The Chegg logo is displayed on the screen of a tablet.
    Online education company Chegg said on October 27 that it was cutting "388 roles globally," or about 45% of the workforce.

    Online education company Chegg said on October 27 that it would be reducing its workforce by 45%.

    Chegg said it was cutting "388 roles globally" and expects to incur "charges of approximately $15-19 million, representing mostly cash severance payments." Chegg had 1,271 employees as of December 31, 2024, per its annual report.

    "The new realities of AI and reduced traffic from Google to content publishers have led to a significant decline in Chegg's traffic and revenue," the company said, adding that the cuts would save it about $100 to $110 million in adjusted expenses for 2026.

    This is the fourth time Chegg has announced layoffs.

    Chegg said in June 2024 that it was cutting 441 roles, or about 23% of its workforce. Later in November, it said announced cuts for 319 roles, or about 21% of its workforce. Most recently, in May, Chegg said it was letting go of 248 employees, or about 22% of its workforce.

    Chegg's shares are down nearly 11% year to date.

    Chevron is slashing up to 20% of its global head count
    The Chevron logo is displayed at a Chevron gas station.
    The Chevron logo is displayed at a Chevron gas station.

    Oil giant Chevron plans to cull 15% to 20% of its global workforce by the end of 2026, the company said in a statement to Business Insider in February.

    Chevron employed 45,600 people as of December 2023, which means the layoff could cut 9,000 jobs.

    The move aims to reduce costs and simplify the company's business as it completes its acquisition of oil producer Hess, which is held up in legal limbo. It is expected to save the company $2 billion to $3 billion by the end of 2026, the company said.

    "Chevron is taking action to simplify our organizational structure, execute faster and more effectively, and position the company for stronger long-term competitiveness," a Chevron spokesperson said in a statement.

    The cuts follow a series of layoffs at other oil and gas companies, including BP and natural gas producer EQT.

    CNN plans to cut 200 jobs
    CNN's world headquarters in Atlanta.
    CNN is cutting staff in a bid to focus the business on its digital news services.

    Cable news giant CNN cut about 200 television-focused roles as part of a digital pivot. The cuts amounted to about 6% of the company's workforce.

    In a memo sent to staff on January 23, CNN's CEO Mark Thompson said he aimed to "shift CNN's gravity towards the platforms and products where the audience themselves are shifting and, by doing that, to secure CNN's future as one of the world's greatest news organizations."

    ConocoPhillips is cutting up to 25% of its workforce
    FILE PHOTO: The logo for ConocoPhillips is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid
    FILE PHOTO: The logo for ConocoPhillips is displayed on a screen on the floor at the NYSE in New York

    The third-largest oil producer in the US, ConocoPhillips plans to cut 20-25% of its global workforce as part of a broad restructuring, a company spokesperson said in an emailed statement to Reuters on September 3.

    The company employed about 11,800 people at the end of 2024, per a regulatory filing, which means up to 2,950 jobs could be cut.

    ConocoPhillips' stock fell 4.4% the same day.

    Other oil giants, including Chevron and BP, have also slashed headcount this year because of falling oil prices.

    Coty is cutting about 700 jobs
    OTY logo is seen displayed on a smartphone and in the background.

    Coty, which sells cosmetics and fragrances under brands such as Kylie Cosmetics, Calvin Klein, and Burberry, is cutting about 700 jobs.

    The company said on April 24 it aimed to cut costs by $130 million a year. Sue Nabi, the CEO, said it aimed to build a "stronger, more resilient Coty that is well-positioned for sustainable growth."

    CrowdStrike is cutting about 500 jobs
    Crowdstrike logo on a phone screen
    The IT outage was triggered by a defect in an update issued by Crowdstrike.

    CrowdStrike, the Texas-headquartered cybersecurity firm, said in May that it would cut about 500 jobs, or 5% of its global workforce, as part of a strategic plan to "yield greater efficiencies."

    It expected the layoffs to cost between $36 million and $53 million.

    CrowdStrike is aiming to generate $10 billion in annual recurring revenue.

    The company reported worse-than-expected annual results in March, signaling that it was yet to fully recover from a widespread tech outage linked to CrowdStrike in July 2024.

    Disney says it's laying off several hundred employees
    Disney logo is seen on the store in Rome, Italy on May 10, 2025. (Photo by Jakub Porzycki/NurPhoto via Getty Images)
    Disney is carrying out its fourth layoff in the past year.

    Disney confirmed to BI on June 2 that it was laying off several hundred employees globally.

    Most of the cuts were to roles in marketing for films and TV under the Disney Entertainment division. Other roles affected included employees in publicity, casting, and development, as well as corporate finance.

    In March, the company also cut around 200 people from its ABC News Group and Disney Entertainment Networks. In 2024, the company also had several rounds of layoffs.

    Shortly after Bob Iger returned to the company as CEO in 2022, he said 7,000 jobs at Disney would be cut as part of a reorganization.

    Estée Lauder will cut as many as 7,000 jobs
    estee lauder
    American multinational skincare, and beauty products brand, Estée Lauder logo seen in Hong Kong.

    Cosmetics giant Estée Lauder said in its second-quarter earnings release on February 4 that it will cut between 5,800 and 7,000 jobs as the company restructures over the next two years.

    The cuts will focus on "rightsizing" certain teams, and it will look to outsource certain services. The company says it expects annual gross benefits of between $0.8 billion and $1.0 billion before tax.

    Exxon is cutting 2,000 jobs globally
    An Exxon Mobil station is seen in Houston
    Exxon Mobil is cutting roughly 3 to 4% of its global workforce.

    Energy giant Exxon Mobil plans to cut 2,000 jobs as part of a global restructuring.

    CEO Darren Woods said in a memo to employees that roughly half of the cuts will occur in Europe. A spokesperson for Exxon confirmed the memo's existence, which was first reported by Bloomberg.

    The cuts represent roughly 3 to 4% of the company's total workforce. Exxon plans to cut roughly 1,200 positions across the European Union and Norway by the end of 2027, of which roughly half will be layoffs.

    "We've seen the value of bringing people together in the same location," the spokesperson said in a statement to Business Insider. "It drives innovation, strengthens execution, enhances career development, and improves teamwork. Our global office network was established decades ago under very different circumstances. To support the collaboration so critical to our success, we are aligning our global footprint with our operating model and bringing our teams together."

    Fiverr cuts 30% of its workforce
    Micha Kaufman, Fiverr CEO & Founder posing in front of the company's logo.
    Fiverr CEO Micha Kaufman said in a letter to employees on Monday that the company will be cutting roughly 250 jobs across different departments.

    Micha Kaufman, the CEO and founder of the freelancing platform Fiverr, said on September 15 that the company was cutting about 30% of its workforce.

    Kaufman said in a letter to employees that the cuts would affect around 250 team members across different departments. Fiverr had 762 full-time employees as of 2024, per its SEC filing in February.

    He added that the cuts were needed to help turn Fiverr into a leaner and faster "AI-first company."

    Kaufman said in a staff memo in April that AI was "coming for your jobs" and was a "wake-up call." In May, he told Business Insider that Fiverr would only hire people who know how to use AI.

    "If you don't ensure that you sharpen your knives, you're going to be left behind. It's that simple," Kaufman said.

    Geico has axed tens of thousands of workers
    geico

    Berkshire Hathaway Vice Chair of Insurance Operations Ajit Jain says Geico has reduced its workforce from about 50,000 to about 20,000. Jain revealed the reductions during Berkshire Hathaway's annual meeting on May 3 but did not detail over what time frame they took place. Berkshire Hathaway is one of Geico's parent companies.

    Warren Buffett's company reported its 2025 first-quarter earnings on during the May 3 meeting, saying Geico earned nearly $2.2 billion in pre-tax underwriting.

    GrubHub announced 500 job cuts
    A Grubhub delivery person rides in Manhattan.
    GrubHub said it is focusing on aligning its business with Wonder after the takeover was completed last month.

    Grubhub CEO Howard Migdal announced 500 job cuts on February 28 after selling the company to Wonder Group for $650 million.

    With more than 2,200 full time employees, the number of cuts will affect more than 20% of Grubhub's previous workforce.

    According to Reuters, Just Eat Takeaway, an Amsterdam-listed company, sold Grubhub at a steep loss compared to the billions it paid a few years prior after grappling with slowing growth and high taxes.

    HPE is laying off 2,500 employees
    A man with grey hair wears a blue collared shirt and dark blue shirt. He gestures as he speaks while sitting on a stage in front of a large blue screen.
    US company Hewlett Packard Enterprise President and Chief Officer Executive Antonio Neri gives a conference at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024.

    Hewlett Packard Enterprise is cutting 2,500 jobs, or 5% of its employee base, CEO Antonio Neri said on an earnings call on March 6. The cuts are expected take to take place over the next 12 to 18 months.

    "Doing so will better align our cost structure to our business mix and long-term strategy," Neri said. The company expects to save $350 million by 2027 because of the reduction.

    HPE plummeted about 20% after hours on March 6 after it said business would be affected by recent tariffs, slow server and cloud sales, and "execution issues."

    IBM said it will cut thousands of jobs in the fourth quarter
    IBM logo

    IBM said in November that it would be reducing its global workforce by "a low single-digit percentage," an IBM spokesperson told Business Insider.

    "We routinely review our workforce through this lens and at times rebalance accordingly," the spokesperson said. "In the past, when we have had rebalancing, we have still met our headcount goals, and we expect to do so again in 2025."

    Intel to cut at least 15% of its factory workers
    The Intel headquarters in Santa Clara, California
    The Intel headquarters in Santa Clara, California

    Chipmaker Intel is laying off more than 5,000 employees across four US states, according to a July 16 government filing.

    Most of the cuts are happening in California and Oregon, while others are in Texas and Arizona, per updated Worker Adjustment and Retraining Notification, or WARN, filings.

    Intel began laying off employees in July as part of planned job cuts, the company said in a regulatory filing.

    The company told staff on June 14 to expect 15% to 20% of employees in its Foundry division to be laid off this summer, according to a memo reported by The Oregonian. Intel confirmed the authenticity of the memo to BI but declined to comment on its contents.

    As of December 2024, Intel employed about 108,900 people. In its annual report, the company told investors that it would reduce its "core Intel workforce" by about 15% in early 2025.

    "Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution," an Intel spokesperson told BI.

    Johns Hopkins University
    Johns Hopkins Hospital
    Johns Hopkins Hospital.

    Johns Hopkins University will cut over 2,000 jobs after losing $800 million in funding from USAID.

    "This is a difficult day for our entire community," a spokesperson told BI. "The termination of more than $800 million in USAID funding is now forcing us to wind down critical work here in Baltimore and internationally."

    The news comes after the Trump administration slashed USAID personnel down from over 10,000 to around 300. Secretary of State Marco Rubio recently confirmed that 83% of the agency's programs are now dead.

    "We can confirm that the elimination of foreign aid funding has led to the loss of 1,975 positions in 44 countries internationally and 247 in the United States in the affected programs," the Johns Hopkins spokesperson said. "An additional 29 international and 78 domestic employees will be furloughed with a reduced schedule."

    The layoffs at Johns Hopkins represent the "largest" in the university's history, CNN reported. They'll primarily affect the schools of medicine and public health, along with the Center for Communication Programs and Jhpiego, a nonprofit with a focus on preventing diseases and bolstering women's health, according to the report.

    Kohl's is reducing about 10% of its roles
    A Kohl's department store in Miami.
    A Kohl's department store in Miami.

    Department store Kohl's announced on January 28 that it reduced about 10% of its corporate roles to "increase efficiencies" and "improve profitability for the long-term health and benefit of the business," a spokesperson told BI.

    "Kohl's reduced approximately 10 percent of the roles that report into its corporate offices," the spokesperson said. "More than half of the total reduction will come from closing open positions while the remainder of the positions were currently held by our associates."

    Less than 200 existing employees of the company would be impacted, she added.

    This follows the company's announcement on January 9 that it would shutter 27 underperforming stores across 15 states by April.

    The retailer has been struggling with declining sales, reporting an 8.8% decline in net sales in the third quarter of 2024.

    Its previous CEO, Tom Kingsbury, stepped down on January 15. The company's board appointed Ashley Buchanan, a retail veteran who had held top jobs in The Michaels Companies, Macy's, and Walmart, as the new CEO.

    Kroger is cutting 1,000 corporate workers
    Illustration shows Kroger logo

    Kroger Co. is cutting nearly 1,000 corporate jobs as part of a cost-trimming effort following the collapse of its proposed merger with Albertsons, a spokesperson told BI.

    In an internal memo viewed by Business Insider, interim CEO Ron Sargent told employees on August 26 that "thoughtful, yet difficult, choices are necessary" for the organization to continue to succeed.

    The grocer also plans to reinvest savings into lowering prices, opening new stores, and creating jobs at the store level.

    The shake-up comes as Kroger navigates leadership changes after former CEO Rodney McMullen resigned earlier this year amid a board investigation into his conduct.

    As of February, Kroger employed more than 409,000 people, mostly in retail roles. The layoff would not affect workers in stores, manufacturing facilities, or distribution centers.

    Microsoft has made several rounds of cuts this year
    the Microsoft logo on a building.

    Microsoft cut an unspecified number of jobs in January based on employees' performance.

    Workers were told that they wouldn't receive severance and that their benefits, such as medical insurance, would stop immediately, BI reported.

    The company also laid off some employees in January at divisions including gaming and sales. A Microsoft spokesperson declined to say how many jobs were cut on the affected teams.

    In May, the company announced layoffs affecting about 6,000 workers.

    Another round of layoffs in July will affect less than 4% of its total workforce, or roughly 9,000 employees, based on its head count of around 220,000.

    Meta has had several rounds of layoffs
    Meta sign
    Meta slashed its DEI team in January.

    Meta CEO Mark Zuckerberg told staff he "decided to raise the bar on performance management" and will act quickly to "move out low-performers," according to an internal memo seen by BI in January.

    Those cuts started in February, according to records obtained by BI. Teams overseeing Facebook, the Horizon virtual reality platform, as well as logistics, were among the hardest hit.

    In April, Meta also laid off an undisclosed number of employees on the Reality Labs virtual reality division.

    In October, the company said it was laying off more than 600 employees in its Meta Superintelligence Labs, its AI division.

    "By reducing the size of our team, fewer conversations will be required to make a decision, and each person will be more load-bearing and have more scope and impact," Meta's chief AI officer, Alexandr Wang, wrote in a memo.

    Previously, the company had laid off more than 21,000 workers since 2022.

    Microchip Technology is slashing 2,000 jobs
    Semiconductor manufacturing.
    Nvidia semiconductor manufacturing.

    Microchip Technology is cutting its head count across the company by around 2,000 employees, the semiconductor company said on March 3.

    The company estimated that it would incur between $30 million and $40 million in costs, including severance, severance benefits, and other restructuring costs.

    The cuts would be communicated to employees in the March quarter and fully implemented by the end of the June quarter.

    Last year, Microchip announced it was closing its Tempe, Arizona, facility because of slower-than-anticipated orders. The closure begins in May 2025 and is expected to affect 500 jobs.

    Microchip's stock had fallen over 33% in the past year.

    Morgan Stanley plans cuts for the end of March
    Morgan Stanley

    Morgan Stanley is set to initiate a round of layoffs beginning at the end of March. The firm is eyeing cuts to about 2% to 3% of its global workforce, which would equate to between 1,600 to 2,400 jobs, according to a person familiar with the matter who confirmed the reductions to BI.

    The firm's cuts are driven by several imperatives, the person said, pointing to considerations like operational efficiency, evolving business priorities, and individual employees' performance. The person said the cuts are not related to broader market conditions, such as the recent slowdown in mergers and acquisitions that's arrested momentum on Wall Street.

    Some MS staffers will be excluded from the cuts, however — namely, the bank's battalion of financial advisors — though some who assist them, such as administrative personnel in its wealth-management unit, could be affected by the layoffs, the person added.

    Nestlé is axing 16,000 jobs
    The branding of Nestlé

    Nestlé, the Swiss parent company of KitKat and Nespresso, said on October 16 that it will cut 16,000 jobs over the next two years.

    The world's largest food and drink company announced that 12,000 white-collar positions across various functions and locations will be eliminated, along with 4,000 roles in manufacturing and supply. This is 6% of its global workforce.

    Its new CEO, Philipp Navratil, said the company would be "prioritizing the opportunities and businesses with the highest potential returns" and that it "needs to change faster."

    Nestlé estimates the job cuts will save it around 1 billion Swiss francs, or $1.26 billion, by the end of 2027.

    Nextdoor is slashing 12% of its staff
    Nextdoor app

    Neighborhood social networking company Nextdoor is cutting 12% of its staff, or 67 jobs, it said on August 7 in its second-quarter earnings report. The move is part of CEO Nirav Tolia's plan to achieve profitability and reorganize the struggling company.

    The layoffs are expected to reduce operating expenses by about $30 million, it said in the earnings report.

    The company reported a net loss of $15 million, compared to $43 million year-over-year.

    Nike is planning to lay off less than 1% of its corporate employees.
    Nike logo storefront

    Nike's turnaround plan is in full swing. It's reducing its corporate staff by 1% as part of its efforts, the company confirmed to Business Insider on August 28.

    It's unclear how many jobs will be affected, but CNBC reported that Nike sent employees a memo about the change in August.

    "As we shared in Q4 earnings, Nike, Inc. is in the midst of a realignment," the company said in a statement. "The moves we're making are about setting ourselves up to win and create the next great chapter for Nike."

    Nike said in June, when it reported fiscal fourth-quarter earnings, that it would "evaluate corporate cost reduction as appropriate."

    CEO Elliott Hill also told analysts at the time that the company would realign its teams as it shifts away from a men's, women's, and kids' structure.

    Nike also cut jobs in 2024 amid broader cost cutting.

    Nissan says it will cut 20,000 jobs by 2027
    Nissan

    Japanese car giant Nissan is cutting 20,000 jobs by 2027 and reducing the number of factories it operates from 17 to 10 as it struggles with a dire financial situation.

    The job losses include the 9,000 layoffs announced late last year, and come as the automaker faces headwinds from US tariffs on imported vehicles and collapsing sales in China.

    Nissan reported a net loss of 671 billion yen ($4.5 billion) for the 2024 financial year, and said it would not issue an operating profit forecast for 2025 because of tariff uncertainty.

    Novo Nordisk reduces workforce by 11%
    FILE PHOTO: A Novo Nordisk employee controls a machine at an insulin production line in a plant in Kalundborg, Denmark November 4, 2013. REUTERS/Fabian Bimmer//File Photo
    FILE PHOTO: A Novo Nordisk employee controls a machine at an insulin production line in a plant in Kalundborg

    Danish pharmaceutical giant Novo Nordisk said in a statement on September 10 that it was cutting 9,000 jobs, or about 11%, of its workforce. It added that around 5,000 of the cuts would take place in Denmark.

    Novo Nordisk's president and CEO, Mike Doustdar, said the cuts were needed because the market for obesity drugs was becoming "more competitive and consumer-driven." Novo Nordisk is the producer of the hit weight loss drugs, Ozempic and Wegovy.

    "Our company must evolve as well. This means instilling an increased performance-based culture, deploying our resources ever more effectively, and prioritising investment where it will have the most impact — behind our leading therapy areas," he added.

    Oracle is reportedly cutting jobs from its cloud division.
    Oracle office in Santa Monica, California
    Oracle office in Santa Monica, California

    Oracle is cutting jobs in its cloud unit, Bloomberg reported. The cuts come as the company works to curb costs amid spending on AI infrastructure.

    Sources familiar with the cuts told Bloomberg that some of the cuts were related to performance issues.

    Oracle did not immediately respond to a request for comment from Business Insider.

    Panasonic is cutting 10,000 jobs
    panasonic
    A man looks at television sets by Japanese firm Panasonic at an electronics retailer in Tokyo June 10, 2015.

    Panasonic, the Japanese-headquartered multinational electronics manufacturer, plans to cut 10,000 jobs this financial year, which ends in March 2026. The cuts will affect 5,000 roles in Japan and 5,000 overseas.

    In a statement on May 9, the company said it planned to "thoroughly review operational efficiency … mainly in sales and indirect departments, and reevaluate the numbers of organisations and personnel actually needed."

    "Through these measures, the company will optimize our personnel on a global scale," the statement added.

    Paramount is cutting 3.5% of its US workforce
    Paramount on building

    Paramount told employees it would be laying off 3.5% of US-based staff based in the US, per a memo reported by CNBC on June 10, citing industry-wide declines and a challenging macroeconomic environment.

    The move comes after the media company cut 15% of jobs last year to cut costs. Paramount had 18,600 employees at the end of 2024.

    It is awaiting regulatory approval of its merger with Skydance Media.

    Peloton is looking for $100 million in run-rate savings by next year
    FILE PHOTO: A Peloton exercise bike is seen after the ringing of the opening bell for the company's IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. REUTERS/Shannon Stapleton
    A Peloton exercise bike is seen after the ringing of the opening bell for the company's IPO at the Nasdaq Market site in New York City

    Peloton said in its August earnings report that it would cut its global headcount as part of an effort to find $100 million in run-rate cost savings by the end of the next fiscal year.

    "As of today, we will have actioned about roughly half of the run rate savings through the reductions in our workforce and we expect to achieve the remainder throughout the balance of the year," CFO Elizabeth Coddington told investors on the earnings call.

    The company employed about 2,900 people last year, and approximately 6% of the workforce will be affected by the reductions, Reuters reported.

    Porsche is cutting 3,900 jobs over the next few years
    The Porsche logo on the front trunk lid of a gold 2025 Porsche Taycan GTS EV sedan.
    The Porsche logo on the front of a 2025 Porsche Taycan GTS EV.

    Porsche said on March 12 that it plans to cut 3,900 jobs in the coming years.

    About 2,000 of the reductions will come with the expiration of fixed-term contractor positions, the German automaker said. The company will make the other 1,900 reductions by 2029 through natural attrition and limiting hiring, it said.

    Porsche said it also plans to discuss more potential changes with labor leaders in the second half of the year. "This will also make Porsche even more efficient in the medium and long term," the company said.

    PwC is laying off approximately 2% of its US workforce
    PwC's logo on a window.
    PwC office in Washington D.C. in the United States of America, on July 11th, 2024. (Photo by Beata Zawrzel/NurPhoto via Getty Images)

    The Big Four accounting firm said it's cutting roughly 1,500 jobs in the US because its low attrition rates mean not enough people are leaving by choice.

    PwC's layoffs began on May 5 and mostly affect the firm's audit and tax lines, a person familiar with the matter told Business Insider.

    "This was a difficult decision, and we made it with care, thoughtfulness, and a deep awareness of its impact on our people, appreciating that historically low levels of attrition over consecutive years have made it necessary to take this step," a PwC spokesperson said.

    Rivian is laying off 600
    Rivian sign

    Rivian said in October it was laying off more than 600 employees, or around 4.5% of its workforce.

    "With the changing operating backdrop, we had to rethink how we are scaling our go-to-market functions," CEO RJ Scaringe said in a memo to employees, adding, "These changes are being made to ensure we can deliver on our potential by scaling efficiently towards building a healthy and profitable business."

    The electric-vehicle maker has conducted several rounds of layoffs over the past three years.

    Salesforce is cutting more than 1,000 jobs
    The outside of Salesforce Tower with the Salesforce logo, which is shaped like a cloud.

    Bloomberg reported in February that Salesforce, a cloud-based customer management software company, will slash more than 1,000 jobs from its nearly 73,000-strong workforce.

    Affected employees will be eligible to apply to open internal roles, the outlet reported. The company is hiring salespeople focused on the company's new AI-powered products.

    The cuts come despite Salesforce reporting a strong financial performance during its third-quarter earnings in December.

    Salesforce did not respond to a request for comment.

    Scale AI is cutting 14% of its workforce
    Scale AI office
    Scale AI is laying off 14% of its full time staff and hundreds of contractors.

    On July 16, Scale AI laid off about 200 full-time employees and 500 contractors, according to the company.

    The 200 full-time cuts make up 14% of the data labeling startup's 1,400-person workforce.

    The company is restructuring its generative AI group, according to an email from Scale's interim CEO, Jason Droege, obtained by Business Insider.

    The cuts follow Meta's $14 billion investment in Scale AI in June as part of a blockbuster deal. The deal included the hiring of Scale's ex-CEO, Alexandr Wang, and the purchase of equity in almost half of the startup.

    Sonos cuts about 200 jobs
    Sonos

    Sonos, a California-based audio equipment company, said in a February 5 release that it's cutting about 200 roles.

    The announcement came nearly a month after Sonos CEO Patrick Spence stepped down following a disastrous app rollout. Interim CEO Tom Conrad said in the statement that the layoffs were part of an effort to create a "simpler organization."

    Starbucks is laying off 2,000 corporate staff
    Starbucks company headquarters in Seattle, a red-brick building with a clocktower featuring the coffee chain's Siren mascot and the US flag flying above it, is seen on a cloudy day
    Starbucks headquarters in Seattle

    Starbucks said it would lay off 900 non-retail employees in September and close about 1% of company-operated stores in North America.

    The cuts come after the company notified 1,100 corporate employees that they had been laid off in February.

    CEO Brian Niccol said in a February memo that the layoffs would make Starbucks "operate more efficiently, increase accountability, reduce complexity and drive better integration."

    The company is trying to improve results after sales slid last year.

    Southwest Airlines
    Southwest Airlines Boeing plane at an airport.
    A Southwest Airlines Boeing 737.

    Southwest Airlines CEO Bob Jordan announced in February that the company is laying off 15% of its corporate staff, or about 1,750 employees.

    He said affected workers will keep their pay, benefits, and bonuses through late April, when the separations will take effect.

    The company told investors the cuts would save about $210 million this year and $300 million in 2026.

    The move comes as Southwest tries to cut costs amid profitability problems. Jordan said this is the first significant layoff the company has had in its 53-year history.

    An activist hedge fund took a stake in Southwest in June and has since helped restructure its board and change its business model to keep up with a changing industry. For example, it plans to end its long-standing open-seating policy to generate more seating revenue.

    In recent months, the company has also reduced flight crew positions in Atlanta to cut costs.

    Stripe laid off 300 employees
    The logo for Stripe.
    Stripe.

    Payments platform Stripe laid off 300 employees, primarily in product, engineering, and operations, according to a January 20 memo obtained by BI.

    Chief people officer Rob McIntosh said in the memo that the company still planned on growing its head count to about 10,000 employees by the end of the year.

    Target cut 1,800 corporate roles
    Target store front
    Target said it was laying off around 1,000 corporate employees.

    Target said in October it was cutting 1,800 corporate jobs, including about 1,000 employees and 800 open roles.

    The company said the cuts accounted for 8% of the team at its global headquarters, and that leadership roles were affected at three times the rate of individual contributors.

    "The truth is, the complexity we've created over time has been holding us back," Michael Fiddelke, Target COO and incoming CEO, said in a memo to staff. "Too many layers and overlapping work have slowed decisions, making it harder to bring ideas to life."

    UPS is cutting 20,000 jobs
    A UPS Delivery Driver

    UPS announced on April 29 that it plans to cut 20,000 jobs this year — about 4% of its global workforce — as part of a shift toward automation and a strategic reduction in business with Amazon.

    "With our action, we will emerge as an even stronger, more nimble UPS," the company's CEO, Carol Tomé, said in a statement.

    The move follows a sharp 16% drop in Amazon package volume in Q4 and is part of a plan to halve its Amazon business by mid-2026. UPS will also close 73 US buildings by June and automate 400 facilities to reduce labor dependency.

    The Teamsters union have said they would fight any layoffs affecting its members.

    Verizon says it will lay off 13,000 employees
    Verizon store

    The telecommunications giant said on November 20 that it plans to lay off 13,000 employees in order to make Verizon "faster and more focused," new CEO Dan Schulman said in a message to employees. Verizon had about 100,000 employees at the beginning of 2025.

    The Washington Post cut 4% of its non-newsroom workforce
    The Washington Post building

    The Washington Post eliminated fewer than 100 employees in an effort to cut costs, Reuters reported in January.

    A spokesperson told the news agency that the cuts wouldn't affect the newsroom: "The Washington Post is continuing its transformation to meet the needs of the industry, build a more sustainable future and reach audiences where they are."

    Wayfair laid off 340 tech employees
    Wayfair logo on building
    Wayfair laid off about 340 tech employees.

    Wayfair announced in an SEC filing on March 7 that it would eliminate its Austin Technology Development Center and lay off around 340 tech workers.

    The reorg comes as the technology team has accomplished "significant modernization and replatforming milestones," the company said in the filing. Wayfair said it plans to refocus resources and streamline operations to promote its "next phase of growth."

    "With the foundation of this transformation now in place, our technology needs have shifted," the company said.

    Wayfair expects to take on $33 to $38 million in costs as a result of the reorganization, consisting of severance, cash employee-related costs, benefits, and transitional costs.

    Workday cut more than 8% of its workforce
    Workday logo
    Workday said it's cutting 8.5% of its workforce and focusing on AI.

    Workday, the human-resources software company, said in February that it is cutting 8.5% of its workforce, or around 1,750 employees. The layoffs came as the company focuses more on artificial intelligence.

    In a note to employees, CEO Carl Eschenbach said that Workday will focus on hiring in areas related to artificial intelligence and work to expand its global presence.

    "The environment we're operating in today demands a new approach, particularly given our size and scale," Eschenbach wrote. He said that affected employees will get at least 12 weeks of pay.

    Is your company conducting layoffs? Got a tip?
    A close-up of a person's hands holding and typing on a phone

    Have a tip? Contact Dominick Reuter via email or text/call/Signal at 646.768.4750. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.

    Read the original article on Business Insider
  • I tried and ranked every shake at Shake Shack, including the new holiday flavors. A classic earned the No. 1 spot.

    holiday shakes at shake shack
    The three new holiday shakes.

    • I tried and ranked 14 Shake Shack's shakes.
    • There are currently three limited-edition flavors for the holiday season.
    • My favorite was cookies and cream, though I'd drink almost all of them again.

    Over the course of the summer, I embarked on a grueling mission: to taste and rank every shake on Shake Shack's menu.

    Just as I was getting my appetite for shakes back, the chain announced three new holiday flavors — so I knew what I had to do.

    It was time to revisit the shake rankings.

    The 14 flavors, which are each made with frozen custard, include classics such as chocolate and vanilla, and limited-edition shakes, such as the Dubai Chocolate Pistachio shake, which was available over the summer. On November 18, the chain released three holiday flavors: a Christmas Cookie Shake, a Sticky Toffee Pudding Shake, and a Peppermint Bark Chocolate Shake.

    Here's how I ranked them all, from my least favorite to my favorite.

    Shake Shack did not respond to a request for comment from Business Insider.

    In last place came the strawberry shake.
    strawberry shake

    A strawberry shake costs $5 at my nearest Shake Shack in New York. It's made with vanilla custard and "real strawberry," according to the website.

    There are 690 calories in a 16-ounce cup, Shake Shack's standard shake size.

    It was doomed from the start — I almost couldn't get past its strong strawberry fumes.
    Inside the strawberry shake.
    Inside the strawberry shake.

    This could just be personal bias, as I would never order a strawberry shake under any circumstances, but when I took the lid off and sniffed the shake, I felt like I was sniffing a strawberry-scented candle.

    After tasting a sip, I was able to appreciate that this was one of the thickest shakes I tried. But it was just too sweet for me — I could only take a couple sips before feeling like I was rapidly developing a cavity.

    In 13th place was the limited-edition Campfire S'mores shake.
    smore's shake

    The Campfire S'mores shake, which was available this summer, was made with vanilla frozen custard, graham crackers, "chocolate and toasted marshmallow fudge chunks," and finished off with whipped cream and s'mores crumbles, per Shake Shack's website description.

    It cost $6.99 and had 1,090 calories.

    You can see how much stuff was just sitting at the bottom, making this hard to drink.
    smores shake

    There sure was a lot in there, but to me, this just tasted like a vanilla shake with some graham cracker bits mixed in, which was pretty unpleasant, texturally speaking.

    I couldn't taste chocolate or marshmallows, two of the three key s'mores ingredients.

    In my opinion, it was not worth the extra 50 cents or the extra calories.

    At No. 12 was another limited-edition shake: the Dubai Chocolate Pistachio shake.
    dubai chocolate shake shack

    Nobody is immune to Dubai chocolate, not even Shake Shack.

    Shake Shack's version of the viral snack — a chocolate bar filled with green pistachio cream and shredded phyllo pastry — was a shake that costs $9.99 and has 1,080 calories.

    It was made with pistachio custard mixed with "toasted kataifi shredded phyllo" and was topped with mashed-up pistachios and kataifi.

    It was encased in a crackable shell made of dark chocolate inside the cup, so it made sense that Shake Shack recommended it be best enjoyed cold.

    I barely tasted any chocolate, and the shredded phyllo made this hard to drink, as well.
    dubai chocolate shake

    To me, this didn't taste like chocolate at all, since the chocolate was completely frozen and didn't mix with the pistachio custard.

    The pistachio custard itself was delicious, but the phyllo mixed in felt strange to drink — almost as if paper had been added to my shake.

    Since this was a more expensive shake, I can't rank it any higher. But Shake Shack should definitely add a pistachio flavor to its lineup — I would drink it plain.

    Shake Shack didn't respond to a request for comment from Business Insider regarding its Dubai chocolate recipe or pricing.

    My least favorite of the holiday shakes was the Christmas Cookie shake.
    christmas cookie shake
    The Christmas Cookie shake.

    I visited Shake Shack's Innovation Kitchen to try out the new holiday flavors, so I didn't pay for this one, but per the chain's website, it retails at $6.99 and has 840 calories.

    It's made with sugar-cookie custard and topped with whipped cream and red and green sprinkles.

    Apparently, this is a fan favorite, but it was too sweet for my taste.
    christmas cookie shake
    Christmas Cookie shake.

    Nick Wuest, Shake Shack's senior manager of culinary innovation, said that the Christmas Cookie shake has stayed on the menu year after year due to demand, and when Shake Shack tinkered with the recipe, fans let them know that they want it to remain untouched.

    I'll give them this: It certainly tastes like a sugar cookie in shake form. However, as just a mild lover of sugar cookies, this was just too sweet for me, although I was impressed at how accurate the flavor was.

    In 10th place was the vanilla-and-chocolate shake.
    vanilla and chocolate shake

    This is exactly what it sounds like: vanilla and chocolate custard mixed together. It has 770 calories and costs $5.

    This tasted like chocolate with a hint of vanilla, but not in a good way.
    vanilla and chocolate shake

    Maybe it's because the chocolate was so overpowering compared to the vanilla, which can be more subtle, but this just tasted like a watered-down chocolate shake to me.

    The chocolate shake was just slightly above that at No. 9.
    chocolate shake shake shack

    This is just frozen chocolate custard. It's $5 and 750 calories.

    This was a flavorful chocolate shake, but I wasn't overly impressed.
    chooclate shake milkshake

    As a chocolate ice cream lover, I thought this was sure to place high. Instead, this chocolate shake was somewhat middling for me. I thought it had an artificial aftertaste, and I couldn't take more than a couple of sips, something that never happens to me with chocolate ice cream.

    But some chocolate is better than no chocolate, hence its spot at No. 9.

    Next, the limited-edition Banana Pudding shake.
    banana pudding shake shake shack

    The Banana Pudding shake used banana custard made with "real banana," per Shake Shack, and was mixed with vanilla wafer cookies. It was also topped with "vanilla wafer cookie crumble."

    It was priced at $6.99 and had 1,010 calories.

    It was delicious, but the smell knocked it down a few spots in the ranking.
    banana milkshake shake shack

    Ever since "Sex and the City" put Magnolia Bakery and its banana pudding on the map, I've always associated banana pudding with New York, and I'm a fan.

    Banana-flavored anything can be divisive — remember how mad some people would get on Halloween if they got banana Laffy Taffy? — but I thought this was great.

    It tasted like real bananas, the cookie crumble on top was good, and the cookies mixed in just added flavor, not a crumb-like texture in the shake.

    Ranking a vanilla shake somewhere in the middle seems right.
    vanilla milkshake shake shack

    The Shake Shack site writes that its vanilla shakes are made with "real vanilla" in the vanilla custard. One shake contains 680 calories and costs $5.

    It was the creamiest shake I tried.
    vanilla milkshake shake shack

    This was easily the creamiest, thickest shake I tried. Can you go wrong with a vanilla shake? It's sweet, doesn't have a strong aftertaste, and was the only one that actually felt like I was quenching any type of thirst.

    However, it's kind of bland, as many vanilla things are. So I can't put it any higher.

    I liked the crackable Peppermint Bark Chocolate shake better than the Dubai Chocolate one.
    Peppermint Bark Chocolate Shake
    The Peppermint Bark Chocolate shake.

    Another holiday offering, the Peppermint Bark Chocolate shake ($9.99, 1,320 calories) is chocolate custard that's been infused with mint chocolate fudge encased in a crackable peppermint white chocolate shell.

    It's topped with whipped cream and little pieces of peppermint candy.

    This tasted like winter to me.
    Peppermint Bark Chocolate Shake
    The Peppermint Bark Chocolate shake.

    Shake Shack's second foray into the crackable shake space is, in my opinion, an improvement on the first. It was much easier to crack and pull out pieces of the shell.

    My main critique of the Dubai Chocolate shake was that I didn't really taste any chocolate. Since this was a chocolate shake infused with mint fudge, there was no missing either flavor.

    Of course, not everyone likes mint chocolate, but if you find yourself grabbing a peppermint mocha every day of December, I'd give this a whirl.

    In fifth place came the limited-edition Oreo Cookie Funnel Cake flavor.
    oreo funnel cake shake shack

    The Oreo Cookie Funnel Cake shake was made with vanilla custard and "Oreo Cookies and funnel cake crunch" spun into the custard. It was topped with whipped cream and Oreo crumbles.

    It had 1,140 calories — the second most of all the shakes I tried — and cost $6.99.

    This, somehow, tasted exactly like a funnel cake you'd get at a local fair.
    oreo funnel cake shake shack

    I was curious to see how this would taste different from the regular cookies-and-cream shake, but the two couldn't have been more different.

    Somehow, this just tasted exactly like a funnel cake you'd get at a carnival. It even had the sugary aftertaste, which I personally love. It brought me back to summer nights that I spent at my local town fair, licking powdered sugar off my fingers.

    If I had to knock it, though, I didn't really taste Oreo in the shake itself, though the crumbles on top somewhat made up for it.

    Next up was the coffee shake.
    coffee shake
    The coffee shake.

    After a five-year hiatus, the coffee shake was reintroduced to the permanent menu in September 2025, ahead of National Coffee Day.

    It costs $5 and has 700 calories, and is made with vanilla custard mixed with dark roast coffee.

    This was the platonic ideal of a coffee shake.
    coffee shake
    The coffee shake.

    As a self-proclaimed coffee ice cream aficionado, I was a bit nervous to try this flavor. Sometimes, coffee-flavored products can taste artificial or too sweet, but I didn't have to worry about that with this shake.

    Simply put, this tasted like a frozen cup of coffee. If that sounds appealing to you, I'd recommend.

    In third place came the limited-edition Sticky Toffee Pudding flavor.
    Sticky Toffee Pudding Shake
    The Sticky Toffee Pudding shake.

    This shake, another holiday flavor, has 930 calories and costs $6.99.

    It's made with a vanilla custard base, a piece of sticky toffee pudding cake, and caramelized brown sugar blended together, topped with whipped cream and a toffee pudding sauce.

    This was delicious.
    the Sticky Toffee Pudding Shake top
    The Sticky Toffee Pudding shake.

    Of the three holiday flavors, I have the least experience with sticky toffee pudding, a British dessert. I was a bit worried I wouldn't enjoy it, but my fears quickly vanished after the first sip.

    To me, the molasses flavoring was like a gingerbread cookie, making it the perfect holiday treat. I also liked that I could feel the little pieces of cake mixed in, giving this an added textural dimension that some of the other shakes didn't have.

    In second place: the black-and-white shake.
    black and white milkshake shack shake

    This is vanilla custard mixed with chocolate fudge sauce.

    It has 770 calories and costs $6.49.

    This tasted like vanilla with a hint of chocolate, in a good way.
    black and white milkshake shack shake

    Full disclosure: Before doing this ranking, I thought that a black-and-white shake was just chocolate and vanilla mixed together. But no! It's a vanilla shake mixed with chocolate sauce. I much preferred this.

    It had more of a taste than a plain vanilla shake, but it didn't have the watered-down quality of the vanilla-and-chocolate shake, which was overwhelmed by chocolate. This tasted like a hot fudge sundae.

    I highly recommend.

    And in first place — certainly not to my own surprise — was the cookies-and-cream shake.
    cookies and cream shake shake milkshake

    The cookies-and-cream shake ($6.49 and 850 calories) is made with vanilla custard and spun with "chocolate cookie crumbles."

    This was, to put it plainly, so good.
    cookies and cream milkshake shake shack

    In almost any scenario, I am ordering a cookies-and-cream shake. It's been my go-to for years … but that just means that the Shake Shack shake had to live up to my high standards. And it did.

    This tasted like drinking a mashed-up Oreo, which is all I ever want from a cookies-and-cream shake. It was creamy, not too sweet, and the texture of the cookie crumbles wasn't off-putting in any way. It had just the right amount of crumbs.

    I'd be fine with getting any of the top eight shakes, but cookies and cream will forever be my No. 1 choice.

    Read the original article on Business Insider
  • How Rishi Sunak is preparing his 2 teenage daughters for the workforce as companies replace interns with AI

    Rishi Sunak, former UK Prime Minister
    Rishi Sunak spoke with Elon Musk during the 2023 AI Safety Summit.

    • Rishi Sunak said his advice for his teenage daughters is to master both AI literacy and human skills.
    • The former UK prime minister said skills like empathy and critical thinking will always be important.
    • Sunak said everyone will have to get used to managing AI agents "relatively quickly."

    In the age of AI, former UK Prime Minister Rishi Sunak has some very human job-seeking advice for his two teenage daughters.

    It boils down to: You might soon be managing an AI bot, but that doesn't mean you should become robotic yourself.

    Speaking at Bloomberg's New Economy Forum in Singapore on Wednesday, Sunak said it's "critical" for people to master "AI literacy skills" so they don't lose their role to someone who is proficient with AI.

    Alongside using AI tools, he said his advice to his daughters is to develop "human-to-human interaction" skills such as empathy and critical thinking.

    "We're never going to lose the importance of being able to think, to reason, to question critically, so I think those skills will be incredibly important for our young people to develop," said Sunak, who added that his view on skills and the job market is informed by the work of Stanford economists as well as LinkedIn data.

    "And so I'd make sure that my girls spend time developing those skills as they grow up," he added.

    Sunak's comments come as tech leaders, such as Anthropic CEO Dario Amodei, have warned that AI could squeeze the entry-level job market for white-collar workers. Since his tenure as UK prime minister ended in July 2024, Sunak has taken on advisory roles at Microsoft, Anthropic, and Goldman Sachs.

    The former prime minister also joined a growing crowd of people predicting that workers will have to learn how to manage teams of AI agents, which are software programs that can autonomously handle tasks.

    "Everyone, whether you're a new graduate or a senior leader, is going to have to get used to managing a team of agents," he said, adding that the "age of agents will come relatively quickly."

    He said that "very young graduates" will have to understand what it means to manage a team of AI agents, such as how they divide up tasks and how to verify the accuracy of the work they do.

    "It will require, I think, a mindset to just keep learning and keep curious," Sunak said.

    While prime minister, Sunak hosted the UK's first AI Safety Summit in 2023, which attracted politicians like then-US Vice President Kamala Harris and tech leaders like Elon Musk and Sam Altman.

    Speaking at the Bloomberg event, Sunak said it's not incompatible for countries to adopt AI quickly and safely. He advocated for hands-off regulation of AI and said governments should instead work with AI labs to evaluate the technology's risks.

    Read the original article on Business Insider
  • What in the world is going on with Miss Universe? Here’s everything to know about the 2025 pageant drama.

    Miss Universe 2025 contestants
    Contestants at the 2025 Miss Universe competition.

    • The Miss Universe 2025 pageant has been plagued by scandal.
    • Contestants walked out after a Miss Universe director appeared to call Miss Mexico a "dumbhead."
    • Miss Chile apologized after posting a TikTok that showed her pretending to snort powder.

    Miss Universe, the biggest pageant in the world, has found itself plagued with scandal again…and again…and again.

    There's been a surprise leadership change, a Miss Universe director yelling at a contestant on camera, racist remarks from a former winner, judges dropping out, and a contestant falling off the stage.

    All the bad press has brought renewed international attention to a brand that came under fire just last year after former CEO Anne Jakrajutatip appeared to laugh at contestants' photos on Instagram Live and praised one titleholder's blond hair and blue eyes as "the best here."

    Jakrajutatip never addressed the criticism.

    Miss USA 2023 Noelia Voigt summed up the controversy-fatigue that many fans have been feeling, writing in an Instagram statement on November 7: "The drama in the pageant world has been weighing heavy on the hearts of so many."

    Only time will tell if more drama will follow before the November 21 final. Until then, here's everything that's happened so far at the Miss Universe 2025 pageant.

    Miss Universe announced a new CEO just days before the 2025 pageant began.
    Miss Universe CEO Anne Jakrajutatip

    Jakrajutatip made history when she acquired the Miss Universe Organization for $20 million in October 2022, becoming the first woman to own the pageant since its inception in 1952.

    During the Miss Universe 2023 competition, Jakrajutatip promised to usher in a new era for the "global women's empowerment platform."

    "From now on, it's going to be run by women, owned by a trans woman, for all women around the world," she said.

    That era didn't last long. On October 29, Miss Universe announced that former diplomat Mario Búcaro was the new CEO. Jakjrajutatip had quietly stepped down in June.

    Búcaro, previously Miss Universe's vice president for international relations, now works alongside Raul Rocha, who became president after Jakrajutatip sold a 50% stake to his company in January 2024.

    Jakrajutatip's resignation comes amid financial issues at her company, JKN Global Group. After defaulting on a multimillion-dollar loan in September 2023, the company petitioned Thailand's bankruptcy court. In June 2025, Thailand's Securities and Exchange Commission alleged Jakrajutatip had included false or misleading information in JKN's 2023 financial statements.

    In the statement announcing Búcaro as CEO, the Miss Universe Organization said Jakrajutatip had stepped down to focus on her family. She has yet to make a public comment about her resignation or the SEC complaint.

    Jakrajutatip did not respond to a request for comment from Business Insider.

    The director of Miss Universe Thailand yelled at Miss Mexico, prompting contestants to walk out in protest.
    Miss Mexico Fatima Bosch at Miss Universe 2025.
    Miss Mexico Fatima Bosch at Miss Universe 2025.

    During a November 4 meeting with the Miss Universe contestants, Nawat Itsaragrisil, who was recently named the director of Miss Thailand and host for the 74th Miss Universe competition in Bangkok, confronted Miss Mexico Fátima Bosch and accused her of not participating in a promotional event for the pageant.

    In the exchange, which was captured on Miss Universe Thailand's Facebook livestream, Itsaragrisil goes back and forth with Bosch as he criticizes the Miss Mexico team. The other Miss Universe contestants can be seen on the livestream, silently watching from their seats.

    "If you listen to your director, you're a dumbhead," Itsaragrisil appears to tell Bosch during the livestream. He later told reporters that the word he had used was "damage."

    "I have a voice," Bosch told Itsaragrisil after he told her, "I did not give you an opportunity to talk."

    "You are not respecting me as a woman," she added.

    Multiple Miss Universe contestants walked out of the room after Itsaragrisil, who also runs the Miss Grand International pageant, called for security to remove Bosch. The director demanded that the contestants return to their seats, saying: "If anyone wants to continue the contest, sit down."

    Bosch ultimately decided to stay in the competition, sharing her reason in an Instagram caption. "Mexicans don't give up because giving up has never been part of our history," she wrote on November 6.

    Representatives for Bosch, Itsaragrisil, and the Miss Universe Organization did not respond to requests for comment.

    Miss Universe 2024 Victoria Kjær Theilvig walked out with contestants in support of Bosch.
    Miss Universe 2024 Victoria Theilvig

    "To trash another girl is beyond disrespectful," Theilvig can be heard saying in a clip reposted across Instagram and TikTok as the scandal broke.

    "That's why I'm putting on my coat and leaving," she added.

    Past winners from Miss Universe, Miss USA, and Miss Grand International — the pageant Itsaragrisil founded and still owns — also posted statements in support of Bosch.

    "Since the beginning of this year's Miss Universe competition, those of us on this side of the world have been waking up to 'surprises' every day — and today was no exception," Miss Universe 2023 Sheynnis Palacios wrote on her Instagram story on November 4. "Some of the values that should guide Miss Universe — respect, dignity, gender equality, and transparency — are now being questioned."

    "A crown should never come at the cost of a woman's dignity," she added.

    Voigt, who resigned her title in May 2024 due to the leadership of former Miss USA CEO Laylah Rose, said she was "shocked, disgusted, disappointed, and genuinely horrified" by the video.

    "I understand what it feels like when your voice is dismissed and your dignity is demeaned," Voigt wrote in a November 6 Instagram statement. "I spent years being a chronic people pleaser… but walking away from that fear, speaking up, reclaiming my dignity and my voice was the most liberating act I've ever taken."

    Miss Universe president Raul Rocha restricted Itsaragrisil from future Miss Universe 2025 events.
    Miss Universe president Raul Rocha
    Miss Universe president Raul Rocha.

    Rocha posted a video on the official Miss Universe Instagram on November 4 stating that he would not "allow the values of respect and dignity of women to be violated."

    "I have restricted Nawat's participation in the events that are part of the 74th Miss Universe competition, limiting it as much as possible or eliminating it entirely," he said.

    Rocha added that Itsaragrisil's decision to call security on Bosch was a "serious abuse," and he accused the Miss Thailand director of having a "constant desire to be the center of attention."

    "The only ones who should shine are our delegates who represent each of their countries with dignity," he added.

    Itsaragrisil broke down in tears as he apologized while speaking to reporters on November 5.
    Nawat Itsargrisil
    Nawat Itsargrisil posing with pageant queens in 2018.

    Itsaragrisil apologized for the confrontation with Bosch a day later while giving a tearful press conference.

    "This issue has dragged me down to this point. I understand and I apologize," he added. "I am human. I didn't want to do anything like that."

    A former Miss Universe winner made racist remarks following Itsaragrisil's confrontation with Miss Mexico.
    Miss Universe 1999 Alicia Machado

    Miss Universe 1996 Alicia Machado was discussing the argument between Itsaragrisil and Bosch during a November 5 Instagram Live when she referred to him as Chinese. When a commenter pointed out that Itsaragrisil was of Thai descent, Machado said "everyone with slanted eyes" was Chinese to her. The Venezuelan beauty queen then pulled back the corners of her eyes on camera to demonstrate.

    Machado's comments prompted a response from Voigt, who made history as the first Venezuelan-American to win the Miss USA title.

    Voigt said she was "deeply saddened and disappointed" by Machado's comments, adding that many of her supporters had reached out and asked if she would stand up for the Asian community.

    "The statements she made about Thailand, Thai people, and Asian communities were completely inappropriate, hurtful, and untrue," Voigt wrote. "The world of pageantry is unique and passionate… but in recent days, the level of drama and negativity online has gone too far."

    Machado is no stranger to headlines since her Miss Universe days. The beauty queen became a central part of Hillary Clinton's campaign in the last days of the 2016 election after the Democratic candidate said Donald Trump had called Machado "Miss Piggy" and "Miss Housekeeping" when he owned the Miss Universe pageant.

    A spokesperson for Trump denied that he called Machado those names in a statement sent to The New York Times following the presidential debate.

    Machado, Itsaragrisil, and Voigt did not respond to requests for comment.

    Miss Chile apologized after her makeup video shocked pageant fans.
    Miss Chile 2025 Inna Moll
    Miss Chile Inna Moll at the 2025 Miss Universe pageant in Thailand.

    On November 6, Miss Chile Inna Moll posted a TikTok video that showed her pretending to snort a line of cocaine.

    The clip, part of the "Addicted to You" trend, shows a makeup-free Moll dusting some white powder from a compact on her arm. She then leans down and pretends to snort the powder before the video cuts to her in full glam for a Miss Universe event.

    Moll was quick to react to the criticism that followed as people began reposting her TikTok. She removed the clip from her page and posted an apology video to her Instagram stories the very next day.

    "I want to apologize to those who were offended," she said in the video, according to Hola!. "The makeup artist told me to record it and, maybe because of the language barrier, I didn't fully grasp what was happening."

    "I said no at first, but he insisted, and I went along. I should have said no firmly," Moll added.

    Taratorn Aek, the makeup artist behind the video, posted an Instagram statement apologizing to Moll on the same day.

    "What I did was thoughtless and without any hidden intent to harm the contestant or the country's image," he wrote. "It was merely a piece of content following a current online trend. I assure you that something like this will not happen again."

    While rumors swirled that Moll could be disqualified from the pageant, she remains in the competition and has been frequently featured on Miss Universe's social media pages.

    Moll, Aek, and the Miss Universe Organization did not respond to requests for comment.

    Two judges dropped out just days before the Miss Universe finals.
    Contestants at the 2025 Miss Universe pageant.
    Contestants at the 2025 Miss Universe pageant.

    On November 18, the composer Omar Harfouch announced on Instagram that he was resigning as a finals judge for the competition. Harfouch accused the organization of carrying out a "secret vote" to select the top 30 by "individuals who are not official members of the jury, myself included."

    "I could not stand before the public and television cameras, pretending to legitimize a vote I never took part in," Harfouch said. "Viewers would assume the jury made these decisions, and I cannot bear responsibility for a process I did not participate in."

    Miss Universe shared a statement on its Instagram the same day, saying Harfouch was confused by the organization's recent announcement of a selection committee for the pageant's "Beyond the Crown Program," which it described as an "independent social impact initiative" that was designed to promote the contestants' charitable causes.

    "The Miss Universe Organization clarifies that this eight-person committee operates entirely independently from the official Miss Universe judging panel," the statement said. "This committee does not evaluate the performance of the delegates during the 74th Miss Universe competition, nor do its decisions grant any additional points toward the final results."

    On the same day that Harfouch resigned, Claude Makélélé — a former professional French soccer player — said he could no longer serve as a judge for the Miss Universe finals.

    "It is with regret that I must announce that I won't be able to attend the Miss Universe 2025 event due to unforeseen personal reasons," he wrote on Instagram. "This was a difficult decision, as I hold Miss Universe in the highest regard. The platform represents empowerment, diversity, and excellence — values I have always championed throughout my career."

    Miss Jamaica Gabrielle Henry had to be hospitalized after an accident during the preliminary competition.
    A headshot of Miss Jamaica 2025.
    Miss Jamaica 2025.

    Henry was walking during the preliminary evening gown round on Wednesday in Bangkok when she fell off the stage, as seen in clips posted by pageant blogs on social media.

    Miss Universe president Raul Rocha posted an update on his Instagram page later that night, saying he had visited Henry in the hospital.

    "Thankfully, there are no broken bones and she is under good care," Rocha's statement read. "She will remain under observation for the rest of the night."

    Henry, 29, is an ophthalmologist who created a foundation to advocate for people who are visually impaired. It is unclear if she will be able to compete at the November 21 finals.

    Read the original article on Business Insider
  • MAGA is once again divided over AI

    Donald Trump
    Trump is revisiting efforts to ban states from regulating AI, and it's drawing pushback from members of his own party.

    • Trump is re-upping efforts to ban states from enacting regulations on AI.
    • It's drawing strong pushback from members of his own party.
    • Republicans previously tried to limit states' AI regulatory power in early drafts of Trump's "Big Beautiful Bill."

    If you thought Republicans were done arguing among themselves about AI, think again.

    President Donald Trump is revisiting efforts to restrict states' ability to regulate artificial intelligence, and it's drawing significant pushback from members of his own party.

    In a Tuesday Truth Social post, Trump said that "overregulation by the States is threatening to undermine" the AI industry, calling for "one Federal Standard instead of a patchwork of 50 State Regulatory Regimes."

    The Trump administration is also reportedly drafting an executive order that would allow the Department of Justice to sue states over their AI regulations, though a White House official told BI that until an official announcement, "discussion about potential executive orders is speculation."

    It's shaping up to be a repeat of a fight Republicans had over the summer, when lawmakers tried to include a 10-year moratorium on state-level AI regulation into the "Big Beautiful Bill."

    "States must retain the right to regulate and make laws on AI and anything else for the benefit of their state," Rep. Marjorie Taylor Greene of Georgia posted on X on Thursday morning. "Federalism must be preserved."

    The AI provision was ultimately struck from the megabill in a 99-1 vote in the Senate in July, after a series of revisions and a contentious debate among Republicans.

    The Trump administration later released an AI Action Plan that called for withholding federal funding from states with strict AI regulations.

    Now, Republicans may try to do it again via a must-pass defense bill. House Majority Leader Steve Scalise told Punchbowl News on Monday that Republicans were looking at attaching a version of the provision to the National Defense Authorization Act, or NDAA, and Trump indicated that he would support such a move.

    "Put it in the NDAA, or pass a separate Bill, and nobody will ever be able to compete with America," Trump wrote on Tuesday.

    Proponents of the idea have argued that it's important for both the development of the AI industry and competition with China to prevent the emergence of a "patchwork" of different AI laws across 50 states.

    Opponents charge that states should have the right to enact AI safety laws, and that those laws are filling an important gap in the absence of federal regulation.

    "If it gets in the NDAA, it'll be a huge problem," Sen. Josh Hawley of Missouri, a proponent of AI regulation, told reporters on Wednesday.

    Among those pushing back are Republican governors, including Ron DeSantis of Florida and Sarah Huckabee Sanders of Arkansas.

    "Stripping states of jurisdiction to regulate AI is a subsidy to Big Tech," DeSantis wrote on X, saying that the provision would "prevent states from protecting against online censorship of political speech, predatory applications that target children, violations of intellectual property rights and data center intrusions on power/water resources."

    "Drop the preemption plan now and protect our kids and communities," wrote Sanders, who led a group of 20 states in opposing the AI moratorium in the "Big Beautiful Bill" over the summer.

    Read the original article on Business Insider