CNBC Business News Update - Market Open: Stocks Open Flat, Applied Digital To Spin Off Cloud Business, Boeing Awarded Air Force Contract

Episode Date: December 30, 2025

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jill Schneider. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Jill Schneider, CNBC. Stocks are little changed in early trading on this second to last trading day of the year. One day after the S&P 500 posted back-to-back losses amid mounting pressure across the tech sector. The Dow is down 39 points, the S&P 500 and the NASDAQ both basically flat. Some of the names making the biggest moves in early trading apply digital. Shares rose more than a percent in the pre-market after the company announced it would spin off its cloud business and combine it with exobionics. Shares of that company, which has a market cap of just $18.5 million, rallied more than 50%. Tech Giant Meta acquired Singapore-based

startup Manus, which specializes in developing general purpose AI agents. The terms of the deal were not disclosed. Boeing stock up slightly after the U.S. Air Force awarded the aerospace giant an $8.5 billion dollar contract to build fighter jets for Israel's military. Doug Holtz-Eacon, American Action Forum president, says he expects this disconnect between GDP and job growth to ease next year. Earlier the next year, we'll start to see the refund season, a lot of cash into the household sector, cash into the small business sector, which is really struggling as well. And I see, you know, the second half of 2026 is going to be pretty strong.

But between now and that, it's going to slow down a bit. Silver Futures jumped 7% early today, continuing 2025's roller coaster ride for precious metals. Eurostar is urging passengers to change their travel plans today as a problem with the overhead power supply forced the channel tunnel to close. The disruption brings one of Europe's busiest international rail corridors to a near standstill during the New Year travel season. We'll get the minutes from the Federal Reserve's December meeting at 2 p.m. Eastern today. Jill Schneider, CNBC. CNBC, live ambitiously.