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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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Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Founders Fund, Andreessen Horowitz, Valor, and the biggest VC winners from SpaceX’s IPO

SpaceX’s IPO will crown a few select VC winners. But it’s only the beginning of Hot IPO Summer.

By Allie GarfinkleJune 12, 2026
Sven Gerjets, chief technology officer at Gap, speaks on stage on a panel at Fortune Brainstorm Tech 2026.
Why companies are treating AI as a strategic partner rather than a passive technology, and how to avoid an ‘AI hangover’
By Sebastian HerreraJune 12, 2026
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Despite his new trillionaire status, Elon Musk says money ‘will stop being relevant’ in the future because of AI
By Sasha RogelbergJune 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
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
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
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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
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Startups & Venture
More in Startups & Venture
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’

A combined SpaceX-Tesla could be worth more than $3 trillion.

By Marco Quiroz-GutierrezJune 12, 2026
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
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
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
More in Startups & Venture
AI
More in AI
Man in a blue shirt gesturing
AOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs

Speaking at Fortune Brainstorm Tech, the internet pioneer described himself as a “huge optimist” about AI’s benefits but warned that the risks are real and predicted the backlash will play out in the 2028 U.S. elections.

By Amanda GerutJune 12, 2026
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO

From a prop trader who bet “a car” to an early investor sitting on $300 million, the sidewalk outside the Nasdaq represented everyone in the AI market.

By Eva RoytburgJune 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
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
More in AI
Innovation
More in Innovation
Elon Musk’s wealth could double the economy of his native South Africa as world’s first trillionaire
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
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
Live updates from SpaceX IPO debut: SpaceX valuation at $2.1 trillion as stock closes at $161.11 following record first day of trading

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
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
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Cybersecurity
More in Cybersecurity
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
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
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
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
More in Cybersecurity
Latest Stories
‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
North America‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
By Catherina GioinoJune 12, 2026
Liability Car Insurance Explained: What It Covers and How Much You Need
Personal FinanceLiability Car Insurance Explained: What It Covers and How Much You Need
By Joseph HostetlerJune 12, 2026
Secured debt vs. unsecured debt: What’s the difference?
Personal FinanceSecured debt vs. unsecured debt: What’s the difference?
By Joseph HostetlerJune 12, 2026
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
EnergyU.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
By Jordan BlumJune 12, 2026
gavin
North AmericaNewsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it
By Benjamin F. Henwood and The ConversationJune 12, 2026
ss
Commentary‘Soccernomics’ co-author: FIFA’s ticket strategy isn’t price discovery, it’s a wealth filter
By Stefan Szymanski and The ConversationJune 12, 2026
arms
HealthYou probably think you’re a really open-minded person, but the real thing raises your death anxiety
By Daryl Van Tongeren and The ConversationJune 12, 2026
fla
EnvironmentFlorida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference
By The ConversationJune 12, 2026
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Lawhive's cofounders seated on a sofa.
Startups & VentureExclusive: Lawhive, a startup using AI to reimagine the general practice law firm, raises $60 million in new venture capital funding
By Jeremy KahnFebruary 5, 2026
  • Aerial image of the first offshore wind farm in the U.S., off the coast of Rhode Island.
    EnergyTrump hates the way wind farms look. Too bad, America’s court system says
    By Tristan BoveFebruary 3, 2026
A man in a suit wearing glasses.
Big TechAlphabet plans to double capex spending to a possible $185 billion—but it’s keeping CEO Sundar Pichai up at night
By Amanda GerutFebruary 4, 2026
electricity
EnvironmentOver a million people are losing power during a freezing snowstorm while data centers nearby guzzle electricity
By Nikki Luke, Conor Harrison and The ConversationFebruary 4, 2026
Photo: IonQ CEO Niccolo de Masi
Big TechIonQ, the biggest quantum computing company on the stock market, disputes short-seller claims it failed to disclose holes in its revenue
By Jeremy Kahn and Jim EdwardsFebruary 4, 2026
altman
Startups & VentureScott Galloway predicts OpenAI could pull its IPO amid AI ‘vibe shift’ as investors ‘gag’ on Trump proximity, questionable revenue
By Nick LichtenbergFebruary 4, 2026
Pinterest cracks down on dissent, fires engineers for an internal layoff tool as AI shake-ups keep employees on edge and in line
AIPinterest cracks down on dissent, fires engineers for an internal layoff tool as AI shake-ups keep employees on edge and in line
By Marco Quiroz-GutierrezFebruary 4, 2026
  • Moltbook image.
    AIIn Moltbook hysteria, former top Facebook researcher sees echoes of 2017 panic over bots building a ‘secret language’
    By Jeremy KahnFebruary 3, 2026
McNuggets
Travel & LeisureMcDonald’s wants you to eat caviar McNuggets this Valentine’s Day
By Dee-Ann Durbin and The Associated PressFebruary 4, 2026
Meta’s Hyperion AI data center will sprawl to four times the size of Manhattan’s Central Park
AIMeta’s Hyperion AI data center will sprawl to four times the size of Manhattan’s Central Park
By Sharon GoldmanFebruary 4, 2026
thiel
PoliticsPeter Thiel warns the Antichrist and apocalypse are linked to the ‘end of modernity’ currently happening—and cites Greta Thunberg as a driving example
By Nick LichtenbergFebruary 4, 2026
broker
AIThe tech stock free fall doesn’t make any sense, BofA says in rebuke to investors while doubling down on the sector’s longevity
By Nick LichtenbergFebruary 4, 2026
f500-2018-united-rentals
NewslettersWhy United Rentals’ CTO tried to break his own AI agent before giving it to thousands of employees
By John KellFebruary 4, 2026
  • two men smile in front of the camera
    CryptoKairos, which is building a cross-platform tool for prediction markets traders, raises $2.5 million from a16z crypto
    By Carlos GarciaFebruary 3, 2026
luckey
AIPalmer Luckey says AI will make hardware so cheap you’ll be able to buy a ‘Ford F-150 for $1,000’
By Jake AngeloFebruary 4, 2026
The CEO of $11 billion Oura explains why customers must shell out for subscription fees after paying $349 or more for the ring
C-SuiteThe CEO of $11 billion Oura explains why customers must shell out for subscription fees after paying $349 or more for the ring
By Marco Quiroz-GutierrezFebruary 4, 2026
huang
AI‘Let a thousand flowers bloom,’ Jensen Huang says. Demanding ROI from AI is like forcing a child to make a business plan for a hobby
By Nick LichtenbergFebruary 4, 2026
altman
AI‘I felt a little useless, and it was sad’: Sam Altman feels obsolete using his own AI tools—and he’s not the only one
By Nick LichtenbergFebruary 4, 2026
super bowl
Arts & EntertainmentThe ‘Kardashian Kurse’ and a Jurassic Park reunion are among the Super Bowl commercials planned for this year
By Mae Anderson and The Associated PressFebruary 4, 2026
Forcing staff back to the office is an outdated ‘factory-style’ approach, says CEO of the world’s largest workspace firm
SuccessForcing staff back to the office is an outdated ‘factory-style’ approach, says CEO of the world’s largest workspace firm
By Orianna Rosa RoyleFebruary 4, 2026
damaro
C-SuiteDisney’s incoming CEO Josh D’Amaro is a 54-year-old who has been at the company nearly half his life
By Michelle Chapman and The Associated PressFebruary 4, 2026
How the Magnificent 7 destroyed index funds: There’s nowhere to hide
InvestingHow the Magnificent 7 destroyed index funds: There’s nowhere to hide
By Marco Quiroz-GutierrezFebruary 4, 2026
Adaption Labs cofounders Sara Hooker and Sudip Roy
AIFormer Cohere exec Sara Hooker has raised $50 million for her AI startup Adaption Labs—a bet on smaller, smarter models
By Jeremy KahnFebruary 4, 2026
Kleiner Perkins’s Leigh Marie Braswell learned about risk from playing poker: “If the odds are in your favor, you push your chips to the center”
NewslettersKleiner Perkins’s Leigh Marie Braswell learned about risk from playing poker: “If the odds are in your favor, you push your chips to the center”
By Allie GarfinkleFebruary 4, 2026
Ken Griffin is apparently done with ‘sucking up’ to the White House
EconomyKen Griffin is apparently done with ‘sucking up’ to the White House
By Eleanor PringleFebruary 4, 2026
Photo: A man chopping wood with an axe.
InvestingTech stocks go into free fall as it dawns on traders that AI has the ability to cut revenues across the board
By Jim EdwardsFebruary 4, 2026
Disney, HP, and PayPal do the CEO shuffle
NewslettersDisney, HP, and PayPal do the CEO shuffle
By Alexei OreskovicFebruary 4, 2026
Crypto crime-fighting startup TRM Labs notches $1 billion valuation with new $70 million funding round
CryptoCrypto crime-fighting startup TRM Labs notches $1 billion valuation with new $70 million funding round
By Leo SchwartzFebruary 4, 2026
karp
AIPalantir CEO Alex Karp says Trump has a point about the AI race: ‘There’s a real hesitance to adopt these kind of products in the West’
By Nick LichtenbergFebruary 4, 2026
Nevada legislators blast Boring Company over safety and environmental violations as Elon Musk–owned startup declines to testify in hearing
Startups & VentureNevada legislators blast Boring Company over safety and environmental violations as Elon Musk–owned startup declines to testify in hearing
By Jessica MathewsFebruary 3, 2026
Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan
AIAmazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan
By Alexei OreskovicFebruary 3, 2026
broker
AIOracle defused ‘the key risk going into 2026,’ BofA argues, but the market isn’t buying it
By Nick Lichtenberg and Eva RoytburgFebruary 3, 2026
Image of Moltbook app logo on a smart phone with another image of the Moltbook logo in the background.
AIMoltbook is scary—but not for the reasons so many headlines said
By Jeremy KahnFebruary 3, 2026
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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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