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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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Current price of oil as of June 11, 2026

1

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

2

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

3

Current price of oil as of June 11, 2026

Tech

Tech

Startups & Venture

View of SpaceX building

For SpaceX CFO Bret Johnsen, the challenge starts after the $75 billion IPO

Johnsen now faces the task of proving SpaceX can deliver on its promises as a public company.

By Sheryl EstradaJune 12, 2026

SpaceX headquarters outside

SpaceX’s first employee, Tom Mueller, thinks the historic IPO is just the beginning

By Lily Mae LazarusJune 12, 2026

Elon Musk

When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all

By Jim EdwardsJune 12, 2026

Your AI is already setting prices. The real question is who sets the rules

Your AI is already setting prices. The real question is who sets the rules

By François Candelon, Paul-Louis Andres and Augustin ManchonJune 12, 2026

Mo Jomaa of CapitalG, Nizar Tarhuni of PitchBook, and Hans Tung of Notable Capital at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)

The SpaceX IPO is not the market savior it seems

By Andrew NuscaJune 12, 2026

Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’

Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’

By Angelica AngJune 12, 2026

More in Big Tech

A person holds an iPhone as someone next to them points at the screen.

You can blame America’s plummeting fertility rate on the iPhone, study finds: ‘People are all depressed and alone and doomscrolling’

A recent NBER paper noted the link between iPhone sales and declining births could be a result of more time on devices, and less time connecting.

By Sasha RogelbergJune 12, 2026

Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads

LG Electronics worked with the crypto protocol Arbitrum to develop its own blockchain.

By Jack Kubinec and Ben WeissJune 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

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

More in Big Tech

Startups & Venture

More in Startups & Venture

SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders

SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders

The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba’s IPO, in second place.

By Mia OsmonbekovJune 12, 2026

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

Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it

The $5.3 billion ambient AI startup is expanding from clinical notes into billing, drug trials, and real-time insurance claims.

By Lily Mae LazarusJune 11, 2026

SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big

The real money comes after the opening bell.

By Shawn TullyJune 11, 2026

More in Startups & Venture

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

Asia’s AI race won’t be won by early adopters. It will be won by businesses that rebuild processes, data, and governance around AI at scale.

By Garrett IlgJune 11, 2026

Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare

The U.S. defense industry must leverage private venture capital and dual-use technologies, leading technology executives and venture capitalists said at Brainstorm Tech 2026.

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

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

More in Innovation

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

‘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

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

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

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

More in Innovation

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

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Commentary Ken Griffin has Miami. Stephen Ross has West Palm Beach. Fort Lauderdale had Wayne Huizenga — and it’s been winning ever since

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More TechPage 15 of 100

Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk

Cybersecurity Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk

By Catherina GioinoMay 20, 2026

Crypto Harvard sold off its entire $87 million Ethereum stake just one quarter after buying it
By Jack KubinecMay 18, 2026

Grab bets on new delivery robots to fix Singapore’s ‘supply-constrained markets’ and solve the last-mile problem

Asia Grab bets on new delivery robots to fix Singapore’s ‘supply-constrained markets’ and solve the last-mile problem

By Angelica AngMay 20, 2026

Real Estate How the multibillion dollar AI data center boom has transformed CBRE, the world’s largest commercial real estate company

By Sharon GoldmanMay 20, 2026

Why the AI field’s biggest names are betting billions on ‘world models’

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Google’s I/O conference showed how the company is being completely rebuilt for AI—for better or for worse

Big Tech Google’s I/O conference showed how the company is being completely rebuilt for AI—for better or for worse

By Alexei Oreskovic and Sharon GoldmanMay 19, 2026

Bolt CEO Ryan Breslow

Workplace Culture Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’

By Preston ForeMay 19, 2026

AI Not the Allbirds effect: Japan’s top bidet maker Toto has been quietly making chip supplies for decades, and the stock market finally noticed
By Catherina GioinoMay 18, 2026

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Success Indeed chief economist says the sectors most exposed to AI are seeing a big growth in job demand

By Emma BurleighMay 19, 2026

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Law Pizza Hut franchisee claims $100 million losses from ‘cascading operational breakdowns’ in AI adoption gone wrong

By Sasha RogelbergMay 19, 2026

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Future of Work WeWork and Upwork CEOs confirm the Gen Z hiring nightmare is real—but it’s nothing new

By Jacqueline MunisMay 19, 2026

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Newsletters The times they are a-changin’: Washington suddenly warms to regulating AI

By Jeremy KahnMay 19, 2026

traffic

Future of Work Goldman Sachs: The U.S. labor market is healthier now than when ChatGPT launched. Yes, really

By Nick LichtenbergMay 19, 2026

Cybersecurity 6.7 million people thought they were ripping apart an AI-generated Monet painting. But it was real
By Nick LichtenbergMay 18, 2026

Photo of Andrej Karpathy

AI Andrej Karpathy, OpenAI founding member and inventor of ‘vibe coding,’ defects to Anthropic

By Eva RoytburgMay 19, 2026

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Big Tech ‘Blood in the streets’: Legendary investor Jeremy Grantham pulls back the curtain on the AI wars to reveal a ‘brutal, competitive world’

By Nick LichtenbergMay 19, 2026

‘This is what the consumer wants’: A new lawsuit about PFAS and other ‘forever chemicals’ is heating up the cookware industry

Big Tech ‘This is what the consumer wants’: A new lawsuit about PFAS and other ‘forever chemicals’ is heating up the cookware industry

By Catherina GioinoMay 19, 2026

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AI Exclusive: AI startup Viktor raises $75 million to put a virtual ‘coworker’ in Slack and Teams

By Beatrice NolanMay 19, 2026

Crypto Eisen raises $18.5 million to help Americans recover forgotten funds before they are sent to state governments

By Jack KubinecMay 19, 2026

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Commentary ‘Change the World’ idealism is dying in Silicon Valley. We’ll miss it when it’s gone

By Jonathan WeberMay 19, 2026

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AI Gen Z is over-relying on AI at work—and it could cost them their careers

By Jake AngeloMay 19, 2026

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Big Tech Parag Agrawal’s AI startup wants to pay publishers when AI agents use their work

By Beatrice NolanMay 19, 2026

Don’t hold your breath for the great AI job reshuffle, says Goldman Sachs—there’s little evidence of ‘too many coders and not enough plumbers’

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By Andrew NuscaMay 19, 2026

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By Joel HronMay 19, 2026

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By Sasha RogelbergMay 19, 2026

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AI Americans’ AI hate wave might just be gathering steam: Data centers could hike power costs in some states over 50% by 2030

By Tristan BoveMay 19, 2026

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By Angelica AngMay 19, 2026

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By Stavros GadinisMay 18, 2026

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By Catherina GioinoMay 18, 2026

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Energy NextEra’s $67 billion Dominion takeover creates the world’s largest utility—just in time to win the AI data-center power surge

By Jordan BlumMay 18, 2026

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Most Popular

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

placeholder alt text

By Sasha RogelbergJune 10, 2026

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

placeholder alt text

By Catherina GioinoJune 9, 2026

Personal Finance

Current price of oil as of June 11, 2026

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By Joseph HostetlerJune 11, 2026

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