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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
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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
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
By Mia OsmonbekovJune 12, 2026
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
By Jeremy KahnJune 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
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
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Big Tech
More in Big Tech
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

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

By Jack Kubinec and Ben WeissJune 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
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
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
More in Big Tech
Startups & Venture
More in Startups & Venture
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

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
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
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
‘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
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
While investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond
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
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
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
Meet the Fortune Crypto Innovators

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

By FortuneJune 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
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The chaos at CBS News shows the limits of ‘blow it up’ leadership
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Melania launches Trump Accounts for foster kids — and Democratic governors want no part of it
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EnvironmentTrump turned environmentalist to slap new tariffs on Brazil, so why are deforestation rates down?
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More TechPage 6 of 100
Variant raises $222 million for new fund with a thesis of AI, crypto and ‘autonomy’
CryptoVariant raises $222 million for new fund with a thesis of AI, crypto and ‘autonomy’
By Jeff John RobertsJune 3, 2026
  • v
    ConferencesNike and U.S. soccer execs on the World Cup: 4 weeks of games, 4 years of prep, 6 years of jersey design
    By Preston ForeJune 1, 2026
Jean-Denis Greze (left) with a company avatar, and Tony Vincent (right) with a company avatar.
NewslettersTown’s AI assistants learn your life—Andreessen Horowitz and Forerunner just backed the vision with $55 million
By Lily Mae LazarusJune 3, 2026
U.S. President Donald Trump at Morristown Airport in New Jersey on May 22, 2026. (Photo: Brendan Smialowski/AFP/Getty Images)
NewslettersThe details of Trump’s long-awaited, scaled-back AI order
By Andrew NuscaJune 3, 2026
Texas is the new capital of the Fortune 500—taking California’s crown
EconomyTexas is the new capital of the Fortune 500—taking California’s crown
By Jacqueline MunisJune 3, 2026
Who is Chris Olah? The atheist Anthropic cofounder the Pope chose to sit beside him at the Vatican and tell the tech industry it can’t govern itself
AIWho is Chris Olah? The atheist Anthropic cofounder the Pope chose to sit beside him at the Vatican and tell the tech industry it can’t govern itself
By Marco Quiroz-GutierrezJune 3, 2026
Intel CEO Lip-Bu Tan.
MagazineIntel’s new CEO cut management layers in half. The stock is up nearly 500%
By Jeff John RobertsJune 3, 2026
  • Ravi Kumar S.
    ConferencesCognizant CEO is swimming against the tide on AI: he’s hiring over 20,000 graduates this year and says AI tokenmaxxing is a ‘vanity metric’
    By Preston ForeJune 1, 2026
Apoha cofounders Anshika Srivastava (left) and Shamit Shrivastava.
AIExclusive: Apoha, a startup building AI models for creating new materials, emerges from stealth with $36 million in funding
By Jeremy KahnJune 3, 2026
Microsoft seeks to be AI’s center of gravity again. CEO Satya Nadella is in San Francisco to make the case
AIMicrosoft seeks to be AI’s center of gravity again. CEO Satya Nadella is in San Francisco to make the case
By Sebastian HerreraJune 2, 2026
coo
ConferencesThe $18 expense report and the defunded intern programs: symbols of corporate America’s dysfunction
By Nick LichtenbergJune 2, 2026
Image of $1 bills.
NewslettersAI may already be adding hundreds of billions to the economy—without showing up in the data
By Beatrice NolanJune 2, 2026
Young man looks sadly at computer at home
Future of WorkMounting evidence suggests remote work is behind the Gen Z hiring nightmare. Even the New York Fed thinks so
By Tristan BoveJune 2, 2026
  • tr
    ConferencesThe automation illusion: Why AI is making COOs’ jobs harder, not easier
    By Nick LichtenbergJune 1, 2026
Jason Kidd
ConferencesChipotle COO calls hiring one of the ‘most painful processes’—so his AI bot ‘Ava Cado’ cut it from 12 days to 4
By Preston ForeJune 2, 2026
Francine Katsoudas, EVP and Chief People, Policy and Purpose Officer, Cisco
ConferencesShould you treat AI agents as colleagues? Fortune 500 executives can’t settle the debate
By Nick LichtenbergJune 2, 2026
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
Startups & VentureMark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
By Sydney LakeJune 2, 2026
t
AITrump killed his own AI order, then quietly signed another one weeks later
By Matt O'Brien and The Associated PressJune 2, 2026
Dan Helfrich, Chief Operating Officer, U.S. Soccer Federation
ConferencesU.S. Soccer is using AI to scout 70 million teenagers. The former consulting CEO running the federation calls it a ‘paradigm shift’ for the sport
By Nick LichtenbergJune 2, 2026
petersson
ConferencesAnthropic’s office launched an AI-run vending machine. It evolved into AI-run stores and cafes within a year
By Nick LichtenbergJune 2, 2026
‘We will fly again’: Blue Origin says rocket explosion spared vital launch pad parts
Innovation‘We will fly again’: Blue Origin says rocket explosion spared vital launch pad parts
By The Associated Press and Marcia DunnJune 2, 2026
adc
CommentaryAI is turning workers into superhumans. Their leadership teams haven’t kept up
By Adrienne Down CoulsonJune 2, 2026
Andrew Yang speaks during a panel discussion in New York
Startups & VentureAndrew Yang’s upstart cell phone business acquires Helium Mobile
By Jack KubinecJune 2, 2026
dario
Startups & VentureTop analyst sees ‘opening of the floodgates for the IPO market’ after Anthropic’s filing as dotcom bubble comparisons fly
By Matt O'Brien and The Associated PressJune 2, 2026
pope
CryptoThe Pope quoted Gandalf, called AI a Tower of Babel, and Gen Z atheists can’t get enough
By Krysta Fauria and The Associated PressJune 2, 2026
dario
NewslettersAnthropic’s confidential S-1 signals summer AI IPO race could heat up fast
By Allie GarfinkleJune 2, 2026
Macy's collage
MagazineAn AI overhaul at Macy’s is fueling the 168-year-old retailer’s turnaround
By Phil WahbaJune 2, 2026
Jensen Huang, chief executive officer of Nvidia Corp
AIJensen Huang says he pays Nvidia staff ‘as much as possible’ in bid to share the wealth from AI boom
By Eleanor PringleJune 2, 2026
Daniela Amodei, co-founder and president of Anthropic, in San Francisco, California on May 9, 2024. (Photo: David Paul Morris/Bloomberg/Getty Images)
NewslettersAnthropic’s IPO is no longer just a rumor
By Andrew NuscaJune 2, 2026
Trump tells Netanyahu, ‘You’re f—ing crazy’ and Wall Street sees it as a sign he’s losing patience with the war and wants it done
InvestingTrump tells Netanyahu, ‘You’re f—ing crazy’ and Wall Street sees it as a sign he’s losing patience with the war and wants it done
By Jim EdwardsJune 2, 2026
liaquat
CommentaryI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies me
By Liaquat AhamedJune 2, 2026
Jeff Bezos has a 25-year-old hack for stress—and it has nothing to do with your workload or a bad job market.  ‘People get stress wrong all the time’
SuccessJeff Bezos has a 25-year-old hack for stress—and it has nothing to do with your workload or a bad job market. ‘People get stress wrong all the time’
By Orianna Rosa RoyleJune 2, 2026
SpaceX CEO Elon Musk
InvestingIf S&P Dow Jones rewrites its listing rules, SpaceX and Anthropic will benefit—investors won’t
By Eva RoytburgJune 2, 2026
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Most Popular
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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