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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
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Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy

At Fortune Brainstorm Tech, executives said that finding value from AI starts with strategy and continues with process reinvention.

By Jeremy KahnJune 11, 2026
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
By Shawn TullyJune 11, 2026
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
By Garrett IlgJune 11, 2026
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
By Jack Kubinec and Ben WeissJune 11, 2026
Dr. Shiv Rao speaks
Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it
By Lily Mae LazarusJune 11, 2026
Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare
Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare
By Sebastian HerreraJune 11, 2026
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Big Tech
More in Big Tech
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns

Anthropic’s latest model previously downgraded certain user requests quietly and without warning.

By Marco Quiroz-GutierrezJune 11, 2026
Brazil’s biggest soccer broadcaster Is now a guy who started on Twitch. He beat Globo

Casimiro Miguel is 32. His channel has all 104 World Cup games in the world’s most soccer-obsessed country.

By Nick Lichtenberg, Tales Azzoni and The Associated PressJune 11, 2026
Gates testifies on Epstein: previous Fortune investigation reveals payments to his ex-girlfriend, $1M Microsoft deal

Bill Gates said Wednesday that he made a “grave error in judgment” by meeting with Jeffrey Epstein.

By Eva Roytburg, Joey Cappelletti, Hannah Schoenbaum and The Associated PressJune 10, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 11, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
As SpaceX goes public, a $100 billion shadow market faces a reckoning
As SpaceX goes public, a $100 billion shadow market faces a reckoning

SpaceX’s public debut could kick off months (or even years) of reckoning in the venture secondaries market, the pre-IPO Wild West.

By Allie GarfinkleJune 11, 2026
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight

China has ramped up its space initiatives to compete with SpaceX’s ascent in the last three years, with some commercial space firms eying similar satellite and rocket launch goals.

By Mia OsmonbekovJune 11, 2026
While investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond

In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications or imagery.

By Jason MaJune 11, 2026
Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders

The winners of SpaceX’s blockbuster IPO—valuing the company at $1.75 trillion—might not just be investors, but also the ones who welded the rockets.

By Preston ForeJune 11, 2026
More in Startups & Venture
AI
More in AI
The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say
The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say

At Fortune Brainstorm Tech, industry experts discussed why practices like measuring hours saved is the wrong KPI for the AI age.

By Sebastian HerreraJune 11, 2026
Tech leaders argue AI’s real future Is task augmentation, not mass layoffs

CEOs of C.H. Robinson and Agility Robotics said today’s cutting-edge of automation isn’t replacing the whole human.

By Sebastian HerreraJune 11, 2026
Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff

At Fortune’s Brainstorm Tech conference, Booking Holdings CEO Glenn Fogel described the AI travel agent he wants to build, while Ryan Serhant shared how ChatGPT nearly ruined a $50 million deal.

By Sydney LakeJune 11, 2026
The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months

Boris Cherny was asked at Brainstorm Tech if he was concerned about the rapid progress of AI: “Yes.”

By Nick LichtenbergJune 11, 2026
More in AI
Innovation
More in Innovation
A man in a suit jacket gestures with his hands.
SpaceX is about to make history—and 80% of VCs won’t see a dime of it

A live Term Sheet meetup of investors agreed SpaceX, OpenAI, and Anthropic will reward a sliver of venture. But most of the industry will be watching from the sidelines.

By Amanda GerutJune 11, 2026
Meet the Fortune Crypto Innovators

These 30 companies and projects are pushing the digital assets ecosystem forward.

By FortuneJune 11, 2026
The space economy’s next frontier is in ground infrastructure, Northwood Space CEO says

At Fortune Brainstorm Tech conference, Bridgit Mendler emphasized how massive leaps in launch capacity and spacecraft manufacturing are supercharging the space economy.

By Sebastian HerreraJune 10, 2026
SpaceX’s record IPO has Wall Street torn between a Musk ‘holy grail’ and a $135-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

By Marco Quiroz-GutierrezJune 11, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
ice
Westchester County built a 600-camera plate reader network that shared 1.6 billion scans with ICE, lawsuit says

A class action lawsuit alleges the county shared years of motorist travel data with 50+ agencies including ICE, with no public authorization.

By Byron Tau and The Associated PressJune 11, 2026
Canada joins global movement to ban social media for kids: ‘We are failing our children. Enough is enough’

New legislation puts the burden of proof on companies — not parents — to demonstrate their platforms are safe, mirroring Australia’s ban.

By Rob Gillies and The Associated PressJune 11, 2026
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful

Treating server location as an expression of sovereignty threatens resilience, competition, and ASEAN’s ambitions for a shared digital market.

By Leonard LimJune 10, 2026
South Korea fines Coupang record $409 million for data breach

Coupang has been under fire after regulators discovered a former employee improperly accessed personal information from nearly 34 million accounts.

By Jaehyun Eom, Shinhye Kang and BloombergJune 11, 2026
More in Cybersecurity
Latest Stories
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InvestingBank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%
By Eva RoytburgJune 11, 2026
Full Coverage Car Insurance: What It Covers, What It Costs, and Who Needs It
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American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
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Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
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    CommentaryAI requires a rethink of the apprenticeship model for knowledge professionals 
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Mining equipment sits inside the pit at the Mountain Pass mine, operated by MP Materials, in Mountain Pass, California, U.S. America's top rare earths producer, MP Materials, is expanding its vertical integration of mining and magnets production in the U.S. after years of shipping its output to China because there was no refining capacity available to handle its production. Photographer: Joe Buglewicz/Bloomberg via Getty Images
MagazineThe U.S. aims to breathe easy amid China’s chokehold on rare earths, but loosening the grip takes years of concerted effort
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Gen Z protests hit Mexico City as revolts over crime and corruption gain momentum — ‘you can be murdered and nothing happens’
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By María Verza and The Associated PressNovember 16, 2025
‘A national security problem and a homeland security problem’: The world targets Southeast Asia’s notorious scam centers
Asia‘A national security problem and a homeland security problem’: The world targets Southeast Asia’s notorious scam centers
By Angelica AngNovember 15, 2025
Apple is ramping up succession plans for CEO Tim Cook, a Friday report says.
Big TechApple is ramping up succession plans for CEO Tim Cook and may tap this hardware exec to take over, report says
By Nino PaoliNovember 15, 2025
Despite AI bubble fears, Warren Buffett’s Berkshire Hathaway loads up on shares of hyperscaler Alphabet amid huge rally
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By Jason MaNovember 15, 2025
  • Kim Kardashian visits the Skims Summer Pop-Up Shop in the Channel Gardens at Rockefeller Center on May 16, 2023 in New York City.
    NewslettersKim Kardashian’s Skims draws $5 billion valuation in reminder that, for the best consumer companies, there’s always a market
    By Allie GarfinkleNovember 13, 2025
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EconomyTrump’s postal chief says cuts have gone too far: ‘we cannot cost-cut our way to prosperity’
By Susan Haigh and The Associated PressNovember 15, 2025
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Arts & EntertainmentDisney and YouTube’s battle for the future of TV ends in a truce after more than 2 weeks of blackout
By Wyatte Grantham-Philips and The Associated PressNovember 15, 2025
AI-powered cameras mounted on cars and street sweepers are spotting road hazards and deciding what to fix first
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By Jeff McMurray and The Associated PressNovember 15, 2025
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By Thomas CaulfieldNovember 15, 2025
Exclusive: Scaramuccis led $220 million investment in crypto mining firm tied to President’s family—‘Bitcoin transcends politics’
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  • Turing cofounder and CEO Jonathan Siddharth
    SuccessThe CEO of $2.2 billion AI company Turing can’t live without ChatGPT, swears by his Kindle, and has only taken 2 weeks of vacation in 7 years
    By Emma BurleighNovember 13, 2025
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AIPhia, a popular AI shopping agent founded by Bill Gates’ daughter Phoebe Gates and Sophia Kianni, has been collecting a concerning amount of user data
By Beatrice NolanNovember 15, 2025
Verizon CEO Daniel Schulman, pictured in 2018, is looking to cut costs and reverse customer losses.
C-SuiteVerizon will cut about 15,000 jobs after new CEO says ‘cost reductions will be a way of life for us here’
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PoliticsWhite House prepares to host Saudi Crown Prince in an arrival ceremony just short of an official state visit
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AIAnthropic says its latest model scores a 94% political ‘even-handedness’ rating
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By Jim EdwardsNovember 14, 2025
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By Sunny DhillonNovember 14, 2025
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NewslettersWhy Verizon may cut some 15,000 jobs
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Big TechPalantir CEO slams ‘parasitic’ critics calling the tech a surveillance tool: ‘Not only is patriotism right, patriotism will make you rich’
By Eva RoytburgNovember 13, 2025
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Big TechThe ‘Big Short’ investor betting $1 billion against the AI bubble says Meta and Oracle’s accounting is hiding the brutal truth
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After shutting down Vine in 2017, former Twitter CEO Jack Dorsey invests in a reboot of the app with more than 10,000 archived six-second videos
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Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it backplaceholder alt text
By Catherina GioinoJune 9, 2026
Innovation
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45placeholder alt text
By Amanda GerutJune 9, 2026
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