The S&amp;P 500 fell on Friday as investors monitored the latest developments out of the Middle East. Traders also contemplated the path of future interest rate cuts by Federal Reserve.
The broad ma… [+2610 chars]

Stocks fell on Friday as investors contemplated the next move from the Federal Reserve and monitored the latest developments out of the Middle East.

CNBC

S&P 500 posts third straight losing day as traders eye Middle East tensions, Trump’s next steps: Live updates - CNBC

Circle Internet Group Inc.s shares jumped 20% on Friday after Seaport Global gave the stablecoin issuer its first buy rating in the wake of the US Senates move this week to pass legislation setting u… [+220 chars]

Circle Internet Group Inc.’s shares jumped 20% on Friday after Seaport Global gave the stablecoin issuer its first buy rating in the wake of the US Senate’s move this week to pass legislation setting up regulatory rules for cryptocurrencies pegged to the doll…

Bloomberg

Circle Gets Buy Rating After Senate Passes Stablecoin Bill - Bloomberg

Todays FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App
<ul><li></li>FT Digital Edition<li></li>Global news &amp; analysis<li></li>Expert opinion<l… [+57 chars]

Diverging views on effects of Donald Trump’s tariffs open schism among central bank’s officials

Financial Times

Federal Reserve starts to split on when to begin cutting US interest rates - Financial Times

Yahoo Finance tracks today's top moving stocks and biggest market stories in this Market Minute.
Chipmakers Nvidia (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), and Advanced Micro Device… [+1481 chars]

Yahoo Finance tracks today's top moving stocks and biggest market stories in this Market Minute. Chipmakers Nvidia (NVDA), Taiwan Semiconductor Manufacturing...

Yahoo Entertainment

Chipmakers under pressure, Circle's Buy rating, Kroger climbs - Yahoo Finance

The ouster of the Food and Drug Administrations chief regulator of cell and gene therapies earlier this week came immediately after a disagreement with her boss over the review of a cell therapy for … [+830 chars]

The ouster of the FDA's chief regulator of cell and gene therapies came immediately after a disagreement with her boss over a drug review, STAT has learned.

STAT

Disagreements over Duchenne therapy, management style may have led to ouster of key FDA official - STAT

Meta Platforms Inc. held discussions with artificial intelligence search startup Perplexity AI Inc. about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, ac… [+348 chars]

Meta Platforms Inc. held discussions with artificial intelligence search startup Perplexity AI Inc. about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, according to people familiar with the matter.

Meta Discussed Buying Perplexity Before Investing in Scale AI - Bloomberg

More than 16billion login credentials for Google, Facebook, Apple and other platforms have been exposed in one of the largest cybersecurity data breaches of all time, according to a Cybernews report.… [+120 chars]

Google, Facebook and Apple login credentials were leaked in one of the largest data breaches, Cybernews reports.

Axios

16 billion passwords for Google, Apple, Facebook leaked in massive data breach, report says - Axios

Scientists at the Massachusetts Institute of Technology have found some startling results in the brain scans of ChatGPT users, adding to the growing body of evidence suggesting that AI is having a se… [+3380 chars]

Scientists at the Massachusetts Institute of Technology have found some startling results in the brain scans of people using ChatGPT.

Futurism

Researchers Scanned the Brains of ChatGPT Users and Found Something Deeply Alarming - Futurism

Over 100 Gen Apha kids are set to one day become overnight millionairesand they may not even know it.Thats because the 40-year-old Telegram founder, Pavel Durov, has six official children with three … [+4346 chars]

Over 100 Gen Apha kids are set to one day become overnight millionaires—and they may not even know it, thanks to the tech tycoon Pavel Durov’s new will.

Fortune

Billionaire Telegram founder leaves his $14 billion fortune to the 100+ children he’s fathered—which means $132 million for each lucky Gen Alpha kid - Fortune

Cybercriminals have breached insurance giant Aflac, potentially stealing Social Security numbers, insurance claims and health information, the company said Friday, the latest in a spree of hacks agai… [+3187 chars]

Cybercriminals have breached insurance giant Aflac, potentially stealing Social Security numbers, insurance claims and health information, the company said Friday, the latest in a spree of hacks against the insurance industry.

Cybercriminals breach Aflac as part of hacking spree against US insurance industry - CNN

The Supreme Court on Friday rejected a government effort to narrow options for challenging Food and Drug Administration denials of applications to market e-cigarettes, including flavored products tha… [+5865 chars]

The case centered on venue-shopping and whether the tobacco company R.J. Reynolds could appeal in the 5th Circuit appeals court, far from its headquarters.

The Washington Post

Supreme Court allows vape companies to pick courts to hear challenges - The Washington Post

Shares of Kroger rose about 10% on Friday as the supermarket operator raised its full-year sales outlook and said it's drawing shoppers seeking lower-priced store brands and cheaper alternatives to d… [+4705 chars]

The supermarket operator said it's trying to attract value-driven shoppers with coupons

Kroger's shares rise as grocer says shoppers seek lower prices, cook more at home - CNBC

SAN FRANCISCO Top executives at some of the largestAmericancompanies have a warning for their workers: Artificial intelligence is a threat to your job.
CEOs from Amazon to IBM, Salesforce and JPMorg… [+7406 chars]

CEOs and corporate leaders are warning AI will eliminate or disrupt people’s jobs, raising uncertainty and unemployment fears for workers.

Bosses want you to know AI is coming for your job - The Washington Post

Mark Zuckerberg’s AI talent hiring spree continues. In recent months, Meta tried to acquire Safe Superintelligence, the $32 billion AI startup co-founded by OpenAI’s former chief scientist, Ilya Suts… [+817 chars]

Meta CEO Mark Zuckerberg tried to acquire Ilya Sutskever's $32B AI startup, but failed, so now he's in talks to hire its CEO, Daniel Gross.

TechCrunch

After trying to buy Ilya Sutskever’s $32B AI startup, Meta looks to hire its CEO - TechCrunch

Barron's

Tesla Stock Falls. Robotaxis Set to Launch in 2 Days as Texas Democrats Call for Delay. - Barron's

Analysts Disclosure:I/we have a beneficial long position in the shares of GOOGL, AAPL, MSFT, META, AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and… [+754 chars]

Alphabet remains resilient with strong financials, cloud expansion via Wiz, and undervaluation despite legal risks. Find out why GOOGL stock is a Strong Buy.

Seeking Alpha

Alphabet Stock Is Flat… But Not For Long (NASDAQ:GOOGL) - Seeking Alpha

Complete digital access to quality analysis and expert insights, complemented with our award-winning Weekend Print edition.
<ul><li></li>Everything in Print<li></li>Weekday Print Edition<li></li>FT … [+202 chars]

IT consulting and outsourcing group reports a slowdown in new business for the second quarter in a row

Accenture says CEOs are postponing hiring consultants due to uncertainty - Financial Times

The Wall Street Journal

The Advertising Industry Parties in Cannes, With AI as Its New Plus-One - WSJ

Story HighlightsTesla stock gained nearly 2% in pre-market trading on Friday.

Tesla ($TSLA) shares are on the move as anticipation builds around the company’s long-awaited robotaxi launch. With CEO Elon Musk promising a groundbreaking reveal ...

Business