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

3

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

1

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

2

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

3

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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AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows
AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows

AI is one of five potential drivers of health costs climbing up to 9% in 2027, according to PwC.

By Whizy Kim and Tech BrewJune 12, 2026
paul
Machine learning gives the U.S. a 1% chance of winning the World Cup final in its own backyard
By Achim Zeileis and The ConversationJune 12, 2026
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
By Dave Lozo and Morning BrewJune 12, 2026
On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’
On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’
By Marco Quiroz-GutierrezJune 12, 2026
Man in a blue shirt gesturing
AOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs
By Amanda GerutJune 12, 2026
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO
By Eva RoytburgJune 12, 2026
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Elon Musk
When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all

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

By Jim EdwardsJune 12, 2026
Your AI is already setting prices. The real question is who sets the rules

The rules your AI is following need to be rules you would stand behind—in front of your customers, your board, and even a congressional hearing.

By François Candelon, Paul-Louis Andres and Augustin ManchonJune 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
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 the result of more time spent on devices, and less time connecting.

By Sasha RogelbergJune 12, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
owen
The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’

“The chamber of dispersion has been opened,” Owen Lamont, says. “The beast of volatility has awakened, and the season of chaos is at hand.”

By Nick LichtenbergJune 12, 2026
Elon’s wealth: 1 trillion dollar bills would stretch 97 million miles, to the moon and back over 200x

If $1 trillion was divided among the entire population, each person would receive almost $122.

By Wyatte Grantham-Philips and The Associated PressJune 12, 2026
Elon Musk’s wealth could double the economy of his native South Africa as world’s first trillionaire

Musk’s new title arrives amid a wider acceleration for the richest of the rich whose level of wealth was once unfathomable

By The Associated Press and Wyatte Grantham-PhilipsJune 12, 2026
With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’

SpaceX raised $75 billion on Thursday in the largest IPO ever after offering more than 555 million shares at $135 a piece, valuing the company at over $1.7 trillion.

By Jason MaJune 12, 2026
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AI
More in AI
Warehouse workers with robot
Walmart has a message for its 2.1 million workers: AI is going to improve your job, not take it: ‘Technology will power our future’

Walmart is already using AI to design clothes and coordinate trucks—but the $967 billion grocery chain says humans “will lead” the transformation.

By Emma BurleighJune 12, 2026
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
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
Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’

“There are other ways to drive awareness or adoption that aren’t about making all the features immediately present,” says design head Randy Hunt.

By Angelica AngJune 12, 2026
More in AI
Innovation
More in Innovation
musk
Elon Musk, the trillionaire: pay packets go multi-planetary in SpaceX IPO

The largest IPO in history raised $75 billion Friday despite $8.7B in losses since 2025. Did your pension boost the “significantly overvalued” stock?

By Bernard Condon and The Associated PressJune 12, 2026
Aliens are so mainstream the Catholic Church just fired an exorcist for saying UFOs are demons

JD Vance agrees with the exorcist. The Pope waxes poetic about the galaxies. A religion scholar sees UFOs as the best thing to happen to faith in years.

By Krysta Fauria and The Associated PressJune 12, 2026
SpaceX’s first employee, Tom Mueller, thinks the historic IPO is just the beginning

Tom Mueller, CEO of Impulse Space, says investors are buying a vertically integrated vision for space-based computing, AI, and the next industrial revolution.

By Lily Mae LazarusJune 12, 2026
Live updates from SpaceX IPO debut: SpaceX valuation now at over $2 trillion as stock climbs to $175 a share

After 24 years of anticipation, the SpaceX IPO finally debuted at just over $150 a share and is now hovering at around $165 a share.

By Catherina GioinoJune 12, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
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
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
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
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
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Latest Stories
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EnvironmentFlorida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference
By The ConversationJune 12, 2026
reagan
Personal FinanceSocial Security’s 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
By John W. Diamond and The ConversationJune 12, 2026
gill
EconomyWorld Bank warns the 2020s are becoming a ‘lost decade’ for the global economy — ‘barring a miracle’
By Nick LichtenbergJune 12, 2026
SpaceX just made IPO history. Gwynne Shotwell made it possible
NewslettersSpaceX just made IPO history. Gwynne Shotwell made it possible
By Emma HinchliffeJune 12, 2026
mortgage
Real EstateMortgage rate rises to 6.52% from 6.48%, near yearlong high
By Alex Veiga and The Associated PressJune 12, 2026
victor
North AmericaVictor Wembanyama nearly got egged by a rabid Knicks fan. Nobody filed a complaint with the NYPD
By The Associated PressJune 12, 2026
dan
PoliticsDan Sullivan could be kicked out of Alaska Senate primary — but not that Dan Sullivan
By Becky Bohrer and The Associated PressJune 12, 2026
Plunge All-in Cold Plunge Review (2026): Expert Tested
HealthPlunge All-in Cold Plunge Review (2026): Expert Tested
By Christina SnyderJune 12, 2026
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250
CommentaryFor 250 years, America didn’t just invent the future—it built it. That connection is breaking. Here’s how to restore it
By Eric Kutcher, Shubham Singhal, Olivia White and Scott BlackburnMay 13, 2026
  • White Circle's founding team sat on a sofa.
    AIExclusive: White Circle raises $11 million to stop AI models from going rogue in the workplace
    By Beatrice NolanMay 12, 2026
zach
CommentaryI spent 8 years building Google Sheets. Now I think apps are on their way out
By Zach LloydMay 13, 2026
Four ways to create a lasting cost advantage from AI
Partner CommentaryFour ways to create a lasting cost advantage from AI
By Paul GoydanMay 13, 2026
frazier
CommentaryYour grandma should be using AI. really
By Kevin FrazierMay 13, 2026
Kyle Rush, Martha Stewart, and Yin-Han Ma smiling
Startups & VentureExclusive: Martha Stewart’s new AI startup wants to manage your home before things break
By Lily Mae LazarusMay 13, 2026
jeffrey
CommentaryImposter syndrome used to be a lie. AI made it true
By Jeffrey Sanchez-BurksMay 13, 2026
  • Trump Mobile quietly rewrote its fine print to say the gold Trump phone may never be made, a year after taking $100 deposits
    North AmericaTrump Mobile quietly rewrote its fine print to say the gold Trump phone may never be made, a year after taking $100 deposits
    By Marco Quiroz-GutierrezMay 11, 2026
Photo: Young woman spending day outside in residential area in city.
AIWells Fargo: AI is a ‘euphoric’ bubble and investors should ride it until it pops
By Jim EdwardsMay 13, 2026
What drones and drug discovery have in common
NewslettersWhat drones and drug discovery have in common
By Allie GarfinkleMay 13, 2026
Google's new Googlebook laptop. (Courtesy: Google)
NewslettersBehold, the Googlebook
By Andrew NuscaMay 13, 2026
A gold Nvidia server exhibit
AIEncrypted texts reveal how Nvidia chips and U.S. tech are being smuggled to China and Russia
By Amanda GerutMay 13, 2026
Sam Altman walks inside a courthouse
LawSam Altman defends himself as a ‘honest and trustworthy businessperson’ in trial testimony detailing his past dealings with Elon Musk
By The Associated Press, Barbara Ortutay and Matt O'BrienMay 12, 2026
  • Nvidia co-founder and CEO Jensen Huang is driving a squeeze of memory chips.
    AIWall Street thinks memory is AI’s golden ticket. Harvard’s chip expert warns: ‘Curves that just go to the sky with no end…never continue forever’
    By Eva RoytburgMay 11, 2026
An employee pulls out a server rack shelf at the rear of a Trainium3 UltraServer at an Amazon Web Services QA lab in Austin, Texas, on February 3, 2026.
AI‘That doesn’t sound very healthy’: Amazon’s reported tokenmaxxing might gamify AI usage, analyst warns
By Eva RoytburgMay 12, 2026
amazon
RetailAmazon’s promise of 30-minute delivery collides with memories of Domino’s drivers crashing in the late 1980s
By Anne D'Innocenzio and The Associated PressMay 12, 2026
robot
AIThis South Korean hotel worker is training a robot to fold a banquet napkin: ‘I’ve been doing this about once a month’
By Kim Tong-Hyung and The Associated PressMay 12, 2026
DHS wants to build AI smart glasses using the facial recognition tech ICE agents already ‘could be’ using on Americans
LawDHS wants to build AI smart glasses using the facial recognition tech ICE agents already ‘could be’ using on Americans
By Catherina GioinoMay 12, 2026
turner
CommentaryTed Turner built the original infinite scroll. The attention economy is running on his playbook 
By Nick LichtenbergMay 12, 2026
Employees in a General Motors factory.
EconomyThe U.S. auto industry went from global hegemon to running a $3.3 trillion trade deficit with the world: ‘That’s not acceptable’
By Tristan BoveMay 12, 2026
dario
LawEven as hallucinations show up in legal filings, Big Law goes all in on AI with new Anthropic release
By Nick LichtenbergMay 12, 2026
person alone in office
EconomyThe China shock hollowed out factory towns. This professor thinks the AI shock is coming for your urban coffee shop
By Jake AngeloMay 12, 2026
Man sitting staring at his computer.
NewslettersChatbots are becoming mental health tools before they are ready
By Beatrice NolanMay 12, 2026
Ed Bastian with both his hands up
SuccessDelta CEO Ed Bastian asked AI to write his graduation speech—then scrapped it and warned Gen Z against ‘pushing the easy button’
By Preston ForeMay 12, 2026
Daniela Amodei, co-founder and president of Anthropic
SuccessAnthropic’s Daniela Amodei says entrepreneurs should go on vacation to road test potential cofounders—if they’re a drain, they’re ‘the wrong choice’
By Emma BurleighMay 12, 2026
AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years
AIAI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years
By Marco Quiroz-GutierrezMay 12, 2026
Girls say AI is a smarter tutor, a funnier comedian, and has better taste than their parents, new Girl Scouts survey finds
AIGirls say AI is a smarter tutor, a funnier comedian, and has better taste than their parents, new Girl Scouts survey finds
By Catherina GioinoMay 12, 2026
Greenboard co-founders Dave Feldman and Ed Schembor
Startups & VentureGreenboard raises $15.5 million to keep compliance from slowing down business in the AI era
By Jack KubinecMay 12, 2026
klein
CommentarySAP CEO: the AI race is being fought in the wrong place 
By Christian KleinMay 12, 2026
AI strategy
CommentaryYour company already has an AI strategy. You just didn’t choose it
By Tomas Chamorro-Premuzic, Tami Rosen and Darko LovricMay 12, 2026
The Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
EconomyThe Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
By Jim EdwardsMay 12, 2026
Exclusive: Roadrunner raises $27 million from Kleiner Perkins and Founders Fund
NewslettersExclusive: Roadrunner raises $27 million from Kleiner Perkins and Founders Fund
By Allie GarfinkleMay 12, 2026
A mobile webpage discussing Anthropic's Mythos tool on its Project Glasswing website on April 23, 2026. (Photo: Brendon Thorne/Bloomberg/Getty Images)
NewslettersGoogle: Hackers are using AI to weaponize zero-day vulnerabilities
By Andrew NuscaMay 12, 2026
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Most Popular
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
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
By Jim EdwardsJune 12, 2026
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
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