Three European Startups with World-Changing Potential
Jaroslaw Kutylowski, CEO and founder of DeepL; Mati Staniszewski, co-founder of ElevenLabs; and Torsten Reil, co-founder and co-CEO of Helsing, join Bloomberg's Amy Thomson to discuss what it takes to build a European startup with global impact. The three tech leaders analyze the latest applications of AI, the opportunities it brings, and the challenges of building trust throughout society. (Source: Bloomberg)
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CNET
29 minutes ago
- CNET
Is Final Round AI Legit? Ace Your Job Interview at a High Premium
If you've done any job interviews recently, you know how much preparation goes into them. Researching the company, prepping your answers to potential questions and figuring out how to express your skillset is all part of a good interview strategy -- but sometimes, the reality doesn't equate to what you prepared for. The jittery, anxious pre-interview feeling is all too familiar. Maybe, like me, you start to dissociate from the overwhelming conversation, losing a sense of connection with the person you're speaking to. Imposter syndrome can show up -- and take you down -- in seconds. Unexpected questions can throw you off. It would be nice to have support during the call to keep your confidence up and focus intact while pitching yourself to someone who has (likely) never met you in person. Enter: Artificial intelligence. What is Final Round AI? Final Round AI, a tool that helps you prepare for your interview and polish your skills. The suite of AI-powered tools offers real-time "on the fly" interview transcription and support, mock interviews and resume building across 100-plus roles in consulting, marketing, finance, software, product, data science and dev ops. It also offers resources like a blog with tips and commonly asked questions, plus guides that provide visual and written how-tos for common tech-related issues. Final Round AI is a new tool that joins the ever-growing number of AI-powered companies and platforms for job seeking — founders Michael Guan and Jay Ma launched it in late August 2023. While still in its infancy, Final Round AI is designed to offer many ways to support your career-related needs. If you're looking for an all-in-one job seeker-support system, this could be it — or, at least, a worthwhile attempt to navigate your professional journey (and inner turmoil). But after attempting to navigate the platform, my stance on it changed. How to use Final Round AI Screenshot by Carly Quellman/CNET Final Round AI's Interview Copilot allows you to create various types of interviews across multiple fields, and can access analytical reports for each one. Here's how to try it out: Log into the free version for Final Round AI with a Google, LinkedIn or Twitter account, or sign up with your email. Once you're on the platform, select Mock Interview. Here you will be prompted to upload your resume and select from the optional drop-down Role and Specialization menus. You will be asked to connect your credit card, even while on the free trial experience. This is when you'll learn that to access all aspects of Interview Copilot, you need a paid Premium account. How much is Final Round AI? We reached out to Final Round in June to check the latest pricing (which isn't made clear on its website unless you create an account), and the company gave us this breakdown of subscriptions: Interview Co-Pilot Plan: Starts at $60 AI Job Hunter Plan: Starts at $25 (but doesn't include access to the live interview copilot) (but doesn't include access to the live interview copilot) Pro Plan (3-Month Bundle): Billed at $96/month for 3 months for a total of $288 God Mode Plan (Semi-Annual): Starts at $81/month, and is billed every 6 months for a total of $486 White Glove Service: Premium custom support package starting at $7,000. Final Round didn't respond to a request for information on what's included in each plan. The company does have a scholarship program, which provides those who secure job offers with the help of Final Round AI's Interview Copilot to receive a "scholarship" that waives 100% off subscription fees afterwards (in the form of a $488 Amazon Gift Card). At the time of writing, Final Round AI is also offering 10% off any subscription for students, veterans, first responders and medical professionals, as well as anyone recently laid off. This can't be used for the God Mode scholarship offer, or your scholarship will be disqualified. Screenshot by Carly Quellman/CNET The actual free aspects of Final Round AI include access to potential interview questions, where you can enter a keyword concerning a company, job position and technical or general topic; an AI Resume Generator, which can provide Applicant Tracking System optimization (and is currently in beta mode); a ChatGPT-style AI Career Coach; and Guides, where it shows you how to launch a live or mock interview alongside a step-by-step visual example. While robust in quantity, I can't say these features offer anything incredibly innovative or new from other AI platforms. Who should use Final Round AI? I don't think a virtual interview can truly gauge if you're the right fit for a company — particularly when you're not in person. So while some may see aspects of Final Round AI's platform as a copout for knowledge and expertise, or a potential mishap (if the AI-generated text is incorrect), I see it as a real-time note-taking system with feedback. I have vivid memories of performing poorly in interviews because I was trying to do just that — perform to the best of my abilities rather than have a conversation with another human. This has made me a staunch advocate for anything that can alleviate overwhelming feelings attached to the unknown. Final Round AI attempts to do just that. However, my two issues with Final Round AI are… significant. The "bright and shiny" aspect of a new company that is innovative, yet potentially problematic. With the number of lawsuits that have circulated in response to other areas of AI like voice impersonations and copyright infringement, I am wary of the safety concerns that may arise when it comes to the company's Interview Copilot — an AI-powered tool that you can use on your end during your real interviews that gives you live tips on how to answer. For instance, if an interviewer isn't aware that artificial intelligence is listening and responding to their voice, where's the line between what's supportive and what's legal? And in the case of illegal use, who is liable — companies like Final Round AI or the interviewee? Secondly, its free versus paid membership service is misleading. Final Round AI advertises itself for its Interview Copilot, with a button referencing the ability to "Get Started [for] Free." Yet, as soon as you navigate to this part of the platform, you're unable to do more than upload a resume before being prompted to "upgrade your membership." I respect transparency. As someone excited to trial this portion of the platform, this turned me off as a potential customer. With its platform barely a year old, time will likely answer these questions and hopefully rectify its other challenges. (Final Round AI didn't respond to my request for comment by the time of publication.) Until then, I wish anyone job seeking well. May your resumes be immaculate and your interviews be handled with confidence and ease… with Final Round AI's help or not. (Remember: Meditation is, actually, free.) For more ways you can use AI (for free) to help with your job-hunting journey, check out CNET's pieces on how to use AI as a career coach, create a resume using ChatGPT, use Figma AI to design a resume, find the job of your dreams using ChatGPT, use AI to write a cover letter and negotiate a starting salary using AI.
Yahoo
30 minutes ago
- Yahoo
Billionaire trader Paul Tudor Jones warns AI could trigger mass unemployment — and revolutionize education
Paul Tudor Jones warned AI could cause mass unemployment and even threaten the human race. The billionaire trader said the technology has great potential but poses risks for safety and stability. AI could help equalize education, Jones said, adding that it ought to be regulated. Artificial intelligence promises to solve some of the world's thorniest problems — but it could also spark mass unemployment and even eradicate the human race, Paul Tudor Jones warned. "This is obviously the most disruptive technology in the history of mankind," the billionaire trader told "Bloomberg Open Interest" on Wednesday. The Tudor Investment Corporation founder turned to a decades-old sci-fi series to explain the existential threat posed by AI. "There was a great 'Twilight Zone' episode where aliens came down to Earth and they hand this book, it says 'To Serve Man,' Jones said. "And everyone goes, 'Hooray! They're going to save humanity, it's a humanitarian guide.' And it turns out to be a cookbook." "The downside of AI is that we've been served," he added, pointing to Tesla CEO Elon Musk warning on a February podcast that there's a 20% chance of AI wiping out humanity. That risk should "set off alarm bells throughout the world," Jones continued. He also highlighted Anthropic CEO Dario Amodei's suggestion that US unemployment could surge from around 4% to between 10% and 20% within the next five years as AI displaces legions of white-collar workers. Jones called that a "massive stability issue" on top of safety concerns about the nascent tech. AI is already reshaping industries such as law, consulting, banking, and the media by automating tasks and producing faster and better work than humans in some cases. Jones singled out education as one area where AI could be a force for good. The advent of virtual tutors who can help students with any subject should mean there's "no excuse for a low-income kid not to have the greatest education." He cautioned that Trump's proposed "One Big Beautiful Bill" includes a "moratorium on AI regulation" that could allow the risks it poses to become reality. Read the original article on Business Insider
Yahoo
44 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq jump, oil slides amid hopes Israel-Iran conflict stays contained
US stocks rebounded Monday while oil prices slid as jitters over the conflict between Israel and Iran started to retreat. The Dow Jones Industrial Average (^DJI) rose more than 300 points, or roughly 0.8%, while the S&P 500 (^GSPC) moved up nearly 1%. The Nasdaq Composite (^IXIC) gained 1.5%. The cautious optimism followed a bruising Friday session that saw the Dow plunge more than 700 points in a broad risk-off move. Stocks hit session highs after the Wall Street Journal reported that Iran may be willing to restart talks over its nuclear program in an effort to deescalate the conflict with Israel. When asked about the possibility on Monday, President Trump said, "Yeah ... they'd like to talk, but they should have done that before.' The geopolitical flare-up comes at a delicate moment for markets already buffeted by tariff insecurity. Now investors are regaining some appetite for risk amid rising optimism that the conflict won't spill over into a broader regional crisis. A measure of calm is also returning to the oil market, rattled by fears of disruption to the global energy supply. After spiking initially, prices pushed down to pull Brent crude (BZ=F) to just under $73 a barrel and WTI crude (CL=F) to settle below $72 a barrel. Meanwhile, the 10-year Treasury yield (^TNX) rose to 4.42% while gold (GC=F) futures retreated from a recent rally. Bitcoin (BTC-USD) climbed to hover above $108,000 per token. On the trade front, US talks with the EU and Canada are taking center stage as Trump attends the G7 summit in Canada. Looming is Trump's July 9 deadline, the date at which his 90-day pause of steep "Liberation Day" hikes expires. Read more: The latest on Trump's tariffs Looking ahead, markets overwhelmingly expect the Fed to hold rates steady on Wednesday. While President Trump has maintained pressure on Chair Jerome Powell to cut rates, current market dynamics may leave little room to budge. US stocks rallied on Monday as investor optimism grew surrounding the possibility of a deescalation in the conflict surrounding Israel and Iran after a report indicated Tehran may be willing to resume nuclear program talks. The Dow Jones Industrial Average (^DJI) rose roughly 0.7%, while the S&P 500 (^GSPC) moved up 0.9%. The Nasdaq Composite (^IXIC) gained 1.5%. Stocks hit session highs after the Wall Street Journal reported that Iran may be willing to restart talks over its nuclear program in an effort to deescalate the conflict with Israel, which entered its fourth day on Monday. Oil prices slid more than 2% during the session over the prospects that the conflict's impacted on supply from OPEC's third largest producer will remain limited. Yahoo Finance's Josh Shafer reports: Read more here. Uranium-related stocks surged to 52-week highs on Monday, fueled by renewed investor optimism around nuclear energy as a key component for the AI boom. The Global X Uranium ETF (URA) jumped 7% on Monday, highlighting growing interest in uranium miners and nuclear technology providers such as Cameco (CCJ), Oklo (OKLO), and NexGen Energy (NXE). The rally comes on the heels of recent executive orders from the Trump administration supporting the industry at a time when data center demand for power soars. Wall Street expects increased uranium use in nuclear plants as the US and other countries extend the life of existing reactors and commit to cutting-edge technologies using small modular reactors. Yahoo Finance's Pras Subramanian reports: Read more here. Yahoo Finance's Brooke DiPalma reports: Read more here. Bank of America (BAC) analyst Brad Sills downgraded CoreWeave (CRWV) stock to Neutral from his previous Buy rating, citing the AI cloud company's high valuation. "Following Q1 results, the stock has run up 145%," Sills wrote, adding that he believes "much of the near-term upside has been priced in." Sills noted that CoreWeave is trading at 27 times its 2027 earnings, more than previously. He also noted CoreWeave's significant debt. "We forecast $21 billion of negative FCF [free cash flow] through CY27, driven by high capex ($46.1 billion through CY27)," Sills wrote. "Historically, CoreWeave has funded 85% of capex with debt." "Therefore, it is critical that the company have access to reasonably priced debt," he continued. "In the recent debt raise, the company raised $2 billion of debt at 9.3% interest rate, down from 11% in CY24. However, this remains a small % of the total incremental debt required from here, raising some questions, in our view." Despite the downgrade, Sills raised his price outlook on the stock to $185 from $76. CoreWeave stock rose 4.6% on Monday. CoreWeave is an Nvidia-backed (NVDA) firm that holds one of the largest pools of the chipmaker's GPUs. It reported its first quarterly earnings results as a public company in May, featuring soaring revenue and a bullish revenue outlook for the year, on a $4 billion deal with ChatGPT maker OpenAI. Still, some analysts have questioned what they believe is a risky business model. Circle Internet Group (CRCL) stock jumped as high as 18% on Monday to an intraday high, continuing the stablecoin issuer's meteoric rise following its blockbuster IPO earlier this month. The stock climbed to $165 before trimming gains, building on Friday's 25% surge. Circle has repeatedly appeared on Yahoo Finance's trending tickers list in recent sessions as investor enthusiasm for stablecoins — digital tokens backed by reserve assets like the US dollar — continues to grow. Since its highly anticipated debut on June 5 at $31 per share, Circle has soared more than 400%. Nvidia (NVDA) stock gained more than 2%, moving closer to a fresh record as the overall market rallied. The AI chip giant traded above $145 per share, just a stone's throw away from its Jan. 6 record close of $149.43. Stocks moved to session highs on Monday after a report that Iran is looking to deescalate the conflict with Israel. Oil extended a session decline to slide more than 4%, after spiking more than 7% on Friday as Israel and Iran exchanged strikes. The market moves on Monday came as the Wall Street Journal reported Tehran may be willing to restart talks over its nuclear program, a move intended to limit the conflict. Roku (ROKU) stock surged more than 10% on Monday after the streaming platform announced a partnership with Amazon (AMZN) Ads to create the "largest authenticated Connected TV (CTV) footprint' in the US. Roku and Amazon said in a joint statement that the deal will allow advertisers access to an estimated 80 million US CTV households — more than 80% of the total— through Amazon's demand-side platform (DSP). The companies said early tests of this integration have shown 'significant' results. 'Advertisers using this new solution reached 40% more unique viewers with the same budget and reduced how often the same person saw an ad by nearly 30%, enabling advertisers to benefit from three times more value from their ad spend,' said the statement. The major averages opened higher on Monday, while oil pulled back as the Israel-Iran conflict entered its fourth day. The Dow Jones Industrial Average (^DJI) gained about 0.5%, while the S&P 500 (^GSPC) moved up 0.6%. The tech-heavy Nasdaq Composite (^IXIC) rose 0.7%. Oil (CL=F), which rose sharply on Friday, pulled back as traders assessed the scope of the ongoing conflict between Israel and Iran. Investors are focusing this week on the Federal Reserve meeting and policy decision. Market participants overwhelmingly expect policymakers to hold interest rates steady on Wednesday. Strategy (MSTR), the largest corporate holder of bitcoin, reported in a filing to the Securities and Exchange Commission that it purchased $1.05 billion worth of bitcoin between June 9 and June 15. Strategy, which is chaired by crypto tycoon Michael Saylor, has spent $41.8 billion to purchase 592,000 bitcoins since 2020, holding the cryptocurrency as its primary treasury reserve asset. Shares of MSTR rose 1.4% in premarket trading. The stock is up roughly 3,000% since the software firm first bought bitcoin on Aug. 10, 2020. Northrop Grumman (NOC), RTX (RTX), and Lockheed Martin (LMT) traded roughly flat in premarket Monday after rallying in the prior trading session. The defense stocks had climbed Friday after Israel launched a series of airstrikes on Iran, raising tensions in the Middle East and heightening fears of a broader regional conflict. Northrop Grumman stock gained nearly 4%, while Lockheed Martin and RTX shares rose over 3%. The three companies supply weapons to Israel through contracts with the US government. Palantir (PLTR) rose a more modest 1.6% Friday but was up 2.2% before the market open Monday. Shares of Sarepta (SRPT) plunged 40% in premarket trading on Monday after the company said a second patient died of liver failure while taking its experimental gene therapy, Elevidys. Sarepta paused its clinical trial and halted shipments of the treatment to patients who are unable to walk. News of the death comes after another patient died of acute liver failure in March, which raised concerns over the drug's safety. The therapy is used to treat Duchenne muscular dystrophy, a rare muscle disorder. The focus at this week's Federal Reserve meeting is on whether policymakers are still committed to two interest-rate cuts this year, Yahoo Finance's Jennifer Schonberger reports: Read more here. Here are some of the biggest stories you may have missed over the weekend and early this morning: Economic data: Empire manufacturing activity (June) Earnings: No notable earnings. How many Fed cuts ahead? We (and Trump) are about to find out. EU set to accept flat 10% US tariff — with conditions Mideast tensions, Fed's 'dot plot': What to know this week Oil erases gain as Iran-Israel attacks spare critical flows Why Wall Street doesn't see Fed rate cuts coming anytime soon Investors shun long-term US bonds as rate-cut hopes fade Israel-Iran attacks enter 4th day with no deal in sight Here are some top stocks trending on Yahoo Finance in premarket trading: United States Steel Corporation (X) stock was up 5% before the bell on Monday after President Trump approved of Japan's Nippon Steel's take over of the company. Trump the gave the green light to the $14.9B bid for US Steel on Friday, removing a key hurdle in Nippon's 18-month pursuit of the business. Kering's ( Paris-listed shares rose 9% in premarket trading on Monday, after reports emerged that Renault's chief executive, Luca de Meo would become head of the French luxury goods group Gucci. Tesla (TSLA) stock was up 1% on Monday before the bell, rebounding from losses earlier in the Month due to CEO Elon Musk and President Trump's feud. Renault's ( stock dropped over 6% on news that its CEO Luca de Meo has decided to leave. The Italian who turned around the French automaker has been recruited by Kering (PPXB.F, PPRUF) to perform a similar feat at the luxury goods maker, according to Bloomberg. Shares of Kering rose almost 10% in Paris as investors welcomed the report that de Meo will be appointed as the Gucci owner's CEO in coming days. Bloomberg reports: Read more here. Greetings from Cannes Lions, where I am stationed for the week talking with top advertising execs, sports stars and CEOs. Tough assignment! I have found this event to be very useful each year in helping to understand the economy into year end. You would be surprised how forward-looking market spend trends are at the world's biggest companies. To that end, I just got off set with Disney's (DIS) president of global advertising Rita Ferro — one of the top names in the marketing industry. I asked her if a slowing US economy and general macro volatility were beginning to chip away at ad budgets. She wasn't super bullish about ad spending — more cautiously optimistic. Businesses are buying ads once they see they need them, rather than making large commitments on ad spend early, she suggested. "I think people are being very intentional where they spend money," Ferro tells me. "I would say they're [the data points she watches] not recessionary. We see much closer in buying." Gold prices rose as the conflict erupting between Israel and Iran pushed investors toward safe-haven assets in a broader risk-off move. Bloomberg reports: Read more here. US stocks rallied on Monday as investor optimism grew surrounding the possibility of a deescalation in the conflict surrounding Israel and Iran after a report indicated Tehran may be willing to resume nuclear program talks. The Dow Jones Industrial Average (^DJI) rose roughly 0.7%, while the S&P 500 (^GSPC) moved up 0.9%. The Nasdaq Composite (^IXIC) gained 1.5%. Stocks hit session highs after the Wall Street Journal reported that Iran may be willing to restart talks over its nuclear program in an effort to deescalate the conflict with Israel, which entered its fourth day on Monday. Oil prices slid more than 2% during the session over the prospects that the conflict's impacted on supply from OPEC's third largest producer will remain limited. Yahoo Finance's Josh Shafer reports: Read more here. Uranium-related stocks surged to 52-week highs on Monday, fueled by renewed investor optimism around nuclear energy as a key component for the AI boom. The Global X Uranium ETF (URA) jumped 7% on Monday, highlighting growing interest in uranium miners and nuclear technology providers such as Cameco (CCJ), Oklo (OKLO), and NexGen Energy (NXE). The rally comes on the heels of recent executive orders from the Trump administration supporting the industry at a time when data center demand for power soars. Wall Street expects increased uranium use in nuclear plants as the US and other countries extend the life of existing reactors and commit to cutting-edge technologies using small modular reactors. Yahoo Finance's Pras Subramanian reports: Read more here. Yahoo Finance's Brooke DiPalma reports: Read more here. Bank of America (BAC) analyst Brad Sills downgraded CoreWeave (CRWV) stock to Neutral from his previous Buy rating, citing the AI cloud company's high valuation. "Following Q1 results, the stock has run up 145%," Sills wrote, adding that he believes "much of the near-term upside has been priced in." Sills noted that CoreWeave is trading at 27 times its 2027 earnings, more than previously. He also noted CoreWeave's significant debt. "We forecast $21 billion of negative FCF [free cash flow] through CY27, driven by high capex ($46.1 billion through CY27)," Sills wrote. "Historically, CoreWeave has funded 85% of capex with debt." "Therefore, it is critical that the company have access to reasonably priced debt," he continued. "In the recent debt raise, the company raised $2 billion of debt at 9.3% interest rate, down from 11% in CY24. However, this remains a small % of the total incremental debt required from here, raising some questions, in our view." Despite the downgrade, Sills raised his price outlook on the stock to $185 from $76. CoreWeave stock rose 4.6% on Monday. CoreWeave is an Nvidia-backed (NVDA) firm that holds one of the largest pools of the chipmaker's GPUs. It reported its first quarterly earnings results as a public company in May, featuring soaring revenue and a bullish revenue outlook for the year, on a $4 billion deal with ChatGPT maker OpenAI. Still, some analysts have questioned what they believe is a risky business model. Circle Internet Group (CRCL) stock jumped as high as 18% on Monday to an intraday high, continuing the stablecoin issuer's meteoric rise following its blockbuster IPO earlier this month. The stock climbed to $165 before trimming gains, building on Friday's 25% surge. Circle has repeatedly appeared on Yahoo Finance's trending tickers list in recent sessions as investor enthusiasm for stablecoins — digital tokens backed by reserve assets like the US dollar — continues to grow. Since its highly anticipated debut on June 5 at $31 per share, Circle has soared more than 400%. Nvidia (NVDA) stock gained more than 2%, moving closer to a fresh record as the overall market rallied. The AI chip giant traded above $145 per share, just a stone's throw away from its Jan. 6 record close of $149.43. Stocks moved to session highs on Monday after a report that Iran is looking to deescalate the conflict with Israel. Oil extended a session decline to slide more than 4%, after spiking more than 7% on Friday as Israel and Iran exchanged strikes. The market moves on Monday came as the Wall Street Journal reported Tehran may be willing to restart talks over its nuclear program, a move intended to limit the conflict. Roku (ROKU) stock surged more than 10% on Monday after the streaming platform announced a partnership with Amazon (AMZN) Ads to create the "largest authenticated Connected TV (CTV) footprint' in the US. Roku and Amazon said in a joint statement that the deal will allow advertisers access to an estimated 80 million US CTV households — more than 80% of the total— through Amazon's demand-side platform (DSP). The companies said early tests of this integration have shown 'significant' results. 'Advertisers using this new solution reached 40% more unique viewers with the same budget and reduced how often the same person saw an ad by nearly 30%, enabling advertisers to benefit from three times more value from their ad spend,' said the statement. The major averages opened higher on Monday, while oil pulled back as the Israel-Iran conflict entered its fourth day. The Dow Jones Industrial Average (^DJI) gained about 0.5%, while the S&P 500 (^GSPC) moved up 0.6%. The tech-heavy Nasdaq Composite (^IXIC) rose 0.7%. Oil (CL=F), which rose sharply on Friday, pulled back as traders assessed the scope of the ongoing conflict between Israel and Iran. Investors are focusing this week on the Federal Reserve meeting and policy decision. Market participants overwhelmingly expect policymakers to hold interest rates steady on Wednesday. Strategy (MSTR), the largest corporate holder of bitcoin, reported in a filing to the Securities and Exchange Commission that it purchased $1.05 billion worth of bitcoin between June 9 and June 15. Strategy, which is chaired by crypto tycoon Michael Saylor, has spent $41.8 billion to purchase 592,000 bitcoins since 2020, holding the cryptocurrency as its primary treasury reserve asset. Shares of MSTR rose 1.4% in premarket trading. The stock is up roughly 3,000% since the software firm first bought bitcoin on Aug. 10, 2020. Northrop Grumman (NOC), RTX (RTX), and Lockheed Martin (LMT) traded roughly flat in premarket Monday after rallying in the prior trading session. The defense stocks had climbed Friday after Israel launched a series of airstrikes on Iran, raising tensions in the Middle East and heightening fears of a broader regional conflict. Northrop Grumman stock gained nearly 4%, while Lockheed Martin and RTX shares rose over 3%. The three companies supply weapons to Israel through contracts with the US government. Palantir (PLTR) rose a more modest 1.6% Friday but was up 2.2% before the market open Monday. Shares of Sarepta (SRPT) plunged 40% in premarket trading on Monday after the company said a second patient died of liver failure while taking its experimental gene therapy, Elevidys. Sarepta paused its clinical trial and halted shipments of the treatment to patients who are unable to walk. News of the death comes after another patient died of acute liver failure in March, which raised concerns over the drug's safety. The therapy is used to treat Duchenne muscular dystrophy, a rare muscle disorder. The focus at this week's Federal Reserve meeting is on whether policymakers are still committed to two interest-rate cuts this year, Yahoo Finance's Jennifer Schonberger reports: Read more here. Here are some of the biggest stories you may have missed over the weekend and early this morning: Economic data: Empire manufacturing activity (June) Earnings: No notable earnings. How many Fed cuts ahead? We (and Trump) are about to find out. EU set to accept flat 10% US tariff — with conditions Mideast tensions, Fed's 'dot plot': What to know this week Oil erases gain as Iran-Israel attacks spare critical flows Why Wall Street doesn't see Fed rate cuts coming anytime soon Investors shun long-term US bonds as rate-cut hopes fade Israel-Iran attacks enter 4th day with no deal in sight Here are some top stocks trending on Yahoo Finance in premarket trading: United States Steel Corporation (X) stock was up 5% before the bell on Monday after President Trump approved of Japan's Nippon Steel's take over of the company. Trump the gave the green light to the $14.9B bid for US Steel on Friday, removing a key hurdle in Nippon's 18-month pursuit of the business. Kering's ( Paris-listed shares rose 9% in premarket trading on Monday, after reports emerged that Renault's chief executive, Luca de Meo would become head of the French luxury goods group Gucci. Tesla (TSLA) stock was up 1% on Monday before the bell, rebounding from losses earlier in the Month due to CEO Elon Musk and President Trump's feud. Renault's ( stock dropped over 6% on news that its CEO Luca de Meo has decided to leave. The Italian who turned around the French automaker has been recruited by Kering (PPXB.F, PPRUF) to perform a similar feat at the luxury goods maker, according to Bloomberg. Shares of Kering rose almost 10% in Paris as investors welcomed the report that de Meo will be appointed as the Gucci owner's CEO in coming days. Bloomberg reports: Read more here. Greetings from Cannes Lions, where I am stationed for the week talking with top advertising execs, sports stars and CEOs. Tough assignment! I have found this event to be very useful each year in helping to understand the economy into year end. You would be surprised how forward-looking market spend trends are at the world's biggest companies. To that end, I just got off set with Disney's (DIS) president of global advertising Rita Ferro — one of the top names in the marketing industry. I asked her if a slowing US economy and general macro volatility were beginning to chip away at ad budgets. She wasn't super bullish about ad spending — more cautiously optimistic. Businesses are buying ads once they see they need them, rather than making large commitments on ad spend early, she suggested. "I think people are being very intentional where they spend money," Ferro tells me. "I would say they're [the data points she watches] not recessionary. We see much closer in buying." Gold prices rose as the conflict erupting between Israel and Iran pushed investors toward safe-haven assets in a broader risk-off move. Bloomberg reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
