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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

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

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

Tech

Tech

Startups & Venture

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

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

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 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

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

defense

Politics Trump says Europe freeloads on defense. Britain’s own (former) Defense Secretary just agreed

By Jill Lawless, Danica Kirka and The Associated PressJune 11, 2026

Traders work on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City.

Investing Bank 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

Personal Finance Full Coverage Car Insurance: What It Covers, What It Costs, and Who Needs It

By Joseph HostetlerJune 11, 2026

Testosil Review (2026): Testosterone Supplement Reviewed

Health Testosil Review (2026): Testosterone Supplement Reviewed

By Christina SnyderJune 11, 2026

BrickHouse Nutrition Field of Greens Review (2026)

Health BrickHouse Nutrition Field of Greens Review (2026)

By Emily PharesJune 11, 2026

American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices

Success American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices

By Catherina GioinoJune 11, 2026

Inflation is roaring back globally, 2022 style. The Iran war is only half the problem

Economy Inflation is roaring back globally, 2022 style. The Iran war is only half the problem

By Eva RoytburgJune 11, 2026

Bridgit Mendler, co-founder and CEO of Northwood, at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)

Newsletters How Hollywood trained Bridgit Mendler for life as a space founder

By Emma HinchliffeJune 11, 2026

More TechPage 4 of 100

Photo of Elon Musk

AI Elon Musk bulletproofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla

By Amanda GerutJune 6, 2026

Investing A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return
By Sasha RogelbergJune 4, 2026

Upset frustrated and confused female worker folding hands on chin

Future of Work A CEO denied raises to spend money on AI instead. Companies have ‘no idea what they’re going to need in a workforce’ when the AI race is over

By Jacqueline MunisJune 6, 2026

SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation

Investing SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation

By Shawn TullyJune 6, 2026

trump

Politics MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

By Nick LichtenbergJune 5, 2026

Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out

Investing Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out

By Jason MaJune 5, 2026

The Class of 2026: Meet the 12 companies making their Fortune 500 debut

Startups & Venture The Class of 2026: Meet the 12 companies making their Fortune 500 debut

By Marco Quiroz-GutierrezJune 5, 2026

Europe Europe wants more control over global AI services. America is warning them to take care—and history is on their side
By Kamal AhmedJune 4, 2026

jack

Politics A Kennedy, Kellyanne Conway’s ex-husband and a former Palantir data scientist debated AI regulation. Welcome to the Manhattan primary

By Anthony Izaguirre and The Associated PressJune 5, 2026

Elon Musk holding a glass of wine.

Banking Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom

By Tristan BoveJune 5, 2026

boss

Future of Work AI productivity gains are real but so is bad management: ‘Leaders are really struggling to articulate what the vision and strategy is’

By Sasha RogelbergJune 5, 2026

cma

AI Google forced to allow news sites to opt out of AI scraping in ‘world first,’ UK watchdog says

By Kelvin Chan and The Associated PressJune 5, 2026

broker

Economy 3 warnings from analysts on the truth lurking beneath the ‘barnburner’ jobs report — and why America’s AI hiring crisis is far from over

By Nick LichtenbergJune 5, 2026

AI Amazon and Google have billions riding on Anthropic. The IPO will finally reveal how much.
By Beatrice NolanJune 4, 2026

Melinda French Gates is done waiting for health care to take menopause seriously

MPW Melinda French Gates is done waiting for health care to take menopause seriously

By Emma HinchliffeJune 5, 2026

nyse

AI ‘At some point you’ve got to make money’: Goldman’s top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs

By Nick LichtenbergJune 5, 2026

SAG-AFTRA approves a four-year contract with studios and streamers

Arts & Entertainment SAG-AFTRA approves a four-year contract with studios and streamers

By The Associated Press and Andrew DaltonJune 5, 2026

Anthropic co-founder Jack Clark.

AI Anthropic warns AI could soon build itself without human involvement—and urges a global pause on development

By Beatrice NolanJune 5, 2026

Commentary What AI is actually good for

By Maria ColacurcioJune 5, 2026

Sarah Friar, CFO of OpenAI

AI OpenAI CFO: Not knowing AI tools like Codex is now a dealbreaker for finance hires

By Sheryl EstradaJune 5, 2026

Businesses are declaring war on AI slop. They are fighting a losing battle

Europe Businesses are declaring war on AI slop. They are fighting a losing battle

By Sam BirchallJune 5, 2026

Elon Musk stares

Personal Finance The S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway

By Jim EdwardsJune 5, 2026

Trae Stephens touches his chin while speaking

Startups & Venture Anduril’s Trae Stephens says defense tech is headed for a shakeout

By Lily Mae LazarusJune 5, 2026

Anthropic co-founder Jack Clark in Seoul on May 22, 2024. (Photo: Anthony Wallace/AFP/Getty Images)

Newsletters Anthropic: Self-improving AI systems may pose societal risks

By Andrew NuscaJune 5, 2026

A man in a crowd holds a sign that says, "Moratorium NOW!"

Environment ‘Big Tech is desperate’: Amazon engineers are calling out the tech giant for its $200 billion in data center spending after slashing 30,000 workers

By Sasha RogelbergJune 5, 2026

AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

AI AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

By Marco Quiroz-GutierrezJune 5, 2026

‘The next China is still China’: McKinsey’s Joe Ngai and Nick Leung on why global business can’t write off the Chinese economy

Asia ‘The next China is still China’: McKinsey’s Joe Ngai and Nick Leung on why global business can’t write off the Chinese economy

By Nicholas GordonJune 4, 2026

IBM, AT&T accused by whistleblower of covering up foreign hacks

Cybersecurity IBM, AT&T accused by whistleblower of covering up foreign hacks

By Jake Bleiberg, Mark Anderson and BloombergJune 4, 2026

Airbnb CEO Brian Chesky plans to start a new AI company

Startups & Venture Airbnb CEO Brian Chesky plans to start a new AI company

By Shirin Ghaffary, Edward Ludlow, Natalie Lung and BloombergJune 4, 2026

Google CEO Sundar Pichai

AI World’s largest sovereign wealth fund backs push for Google oversight on government use of its AI and cloud technology

By Beatrice NolanJune 4, 2026

James Talarico

Politics AI is primarily a blue state problem, and Democrats have the most to lose amid brewing voter ‘techlash’

By Tristan BoveJune 4, 2026

SpaceX and Anthropic are about to go public—and your 401(k) may be forced to buy in

Investing SpaceX and Anthropic are about to go public—and your 401(k) may be forced to buy in

By Catherina GioinoJune 4, 2026

What Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain

Newsletters What Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain

By Sharon GoldmanJune 4, 2026

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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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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

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By Catherina GioinoJune 9, 2026

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

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By Amanda GerutJune 9, 2026

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