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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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By Fatima Hussein and The Associated PressJune 12, 2026
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EnvironmentTrump turned environmentalist to slap new tariffs on Brazil, so why are deforestation rates down?
By Gabriela Sa Pessoa and The Associated PressJune 12, 2026
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By Jill Lawless, Danica Kirka and The Associated PressJune 11, 2026
More TechPage 7 of 100
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
  • CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. ‘They’ve been saying that for 20 years’
    AICEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. ‘They’ve been saying that for 20 years’
    By Marco Quiroz-GutierrezMay 31, 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
tr
ConferencesThe automation illusion: Why AI is making COOs’ jobs harder, not easier
By Nick LichtenbergJune 1, 2026
Sid Kosaraju, President, Crisis24 (confirmed) Jacob Silverman, Chief Executive Officer, Kroll (confirmed) (June 1 only) Moderator: Ruth Umo
ConferencesGrey rhinos, black swans, and the kidnapping of Nancy Guthrie: What Corporate America still gets wrong about risk
By Nick LichtenbergJune 1, 2026
gh
AIThe ‘godfather of AI’ says we’re not just creating new beings — they’ll be much smarter than us, and soon
By Nick LichtenbergJune 1, 2026
‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early
Conferences‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early
By Preston ForeJune 1, 2026
  • Experimental pill nearly doubles survival time for people with advanced pancreatic cancer. ‘I actually started crying’
    HealthExperimental pill nearly doubles survival time for people with advanced pancreatic cancer. ‘I actually started crying’
    By Lauran Neergaard and The Associated PressMay 31, 2026
okta
ConferencesOkta’s President and COO says companies are in denial about the hardest part of the AI revolution: redesigning work itself
By Nick LichtenbergJune 1, 2026
Harvard Law: Anthropic is about to sell a safety mission Wall Street can veto
AIHarvard Law: Anthropic is about to sell a safety mission Wall Street can veto
By Catherina GioinoJune 1, 2026
dario
AIAnthropic confidentially files its S-1 first—but the IPO race with OpenAI is just beginning
By Allie GarfinkleJune 1, 2026
Florida sues OpenAI and CEO Sam Altman over allegations of marketing ChatGPT despite serious risks of user safety
AIFlorida sues OpenAI and CEO Sam Altman over allegations of marketing ChatGPT despite serious risks of user safety
By The Associated PressJune 1, 2026
Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent
EnvironmentErin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent
By Marco Quiroz-GutierrezJune 1, 2026
  • Special operations commander says while AI could determine targets, humans must be sure ‘it’s going to deliver violence only where we intend it’
    AISpecial operations commander says while AI could determine targets, humans must be sure ‘it’s going to deliver violence only where we intend it’
    By Konstantin Toropin and The Associated PressMay 31, 2026
g
EconomyGen Z is losing the most in the AI economy—and Goldman warns it’s about to get worse
By Nick LichtenbergJune 1, 2026
Anthropic confidentially files for IPO after raising $65 billion in a funding round at a $965 billion valuation
Startups & VentureAnthropic confidentially files for IPO after raising $65 billion in a funding round at a $965 billion valuation
By Bloomberg and Seth FiegermanJune 1, 2026
AI will turn all of your hotel experiences into luxury ones
Travel & LeisureAI will turn all of your hotel experiences into luxury ones
By Catherina GioinoJune 1, 2026
A man sits at desk and looks anxiously at a computer screen
EconomyCEOs are losing confidence in the economy and expect conditions to worsen in the next six months, survey finds
By Jacqueline MunisJune 1, 2026
Torsten Slok, chief economist of Apollo Management
SuccessApollo chief economist says there’s ‘zero evidence’ AI is killing jobs—in fact, he says it’s creating them
By Emma BurleighJune 1, 2026
The elderly and injured are using robots as home care support to help them get around their home
InnovationThe elderly and injured are using robots as home care support to help them get around their home
By The Associated Press and Matt O'BrienJune 1, 2026
Jensen Huang says Nvidia is ‘reinventing the personal computer’ as it unveils new powerful AI chips
AIJensen Huang says Nvidia is ‘reinventing the personal computer’ as it unveils new powerful AI chips
By The Associated Press, Chan Ho-Him and TAIJING WUJune 1, 2026
Malaysia bans children under 16 from using social media
AsiaMalaysia bans children under 16 from using social media
By The Associated Press and Eileen NgJune 1, 2026
Elon Musk holding a glass of wine during a U.S. diplomatic visit to China
CryptoSpaceX’s $1.4 billion Bitcoin hoard is a strategic reserve—and an accounting headache
By Jack KubinecJune 1, 2026
Fortune Editorial Director Kristin Stoller chats with Pepsico chief people officer Becky Schmitt
NewslettersRobots screening robots: Inside the AI arms race reshaping hiring
By Kristin StollerJune 1, 2026
kominers
AIExclusive: Economists have been teaching an unproven proof for 50 years. AI just solved it
By Nick LichtenbergJune 1, 2026
How to save the internet—according to Sam Altman’s all-seeing Orb  
EuropeHow to save the internet—according to Sam Altman’s all-seeing Orb  
By Sam BirchallJune 1, 2026
Exclusive: Mecka AI raises $60 million to train robots with human data sourced from body sensors and iPhones
NewslettersExclusive: Mecka AI raises $60 million to train robots with human data sourced from body sensors and iPhones
By Ben WeissJune 1, 2026
A customer wearing the Apple Vision Pro on July 12, 2024 in Paris, France. (Photo: Kristy Sparow/Getty Images/Apple)
NewslettersApple’s smart glasses may not arrive until 2027, for a good reason
By Andrew NuscaJune 1, 2026
brian
BankingBillionaires already couldn’t talk to their grandchildren. Now they’re on opposite sides of the AI divide
By Nick LichtenbergJune 1, 2026
Data centers could help determine who wins the next war, and a shortage of compute would be ‘catastrophic,’ retired general says
AIData centers could help determine who wins the next war, and a shortage of compute would be ‘catastrophic,’ retired general says
By Jason MaMay 31, 2026
A Gen Z YouTube mogul’s $10 million horror movie almost beat Star Wars at the box office this weekend
Arts & EntertainmentA Gen Z YouTube mogul’s $10 million horror movie almost beat Star Wars at the box office this weekend
By Lindsey Bahr and The Associated PressMay 31, 2026
AI will make the ‘tech bro’ class even richer, Nobel laureate Joe Stiglitz says, just as it can take your job
AIAI will make the ‘tech bro’ class even richer, Nobel laureate Joe Stiglitz says, just as it can take your job
By Catherina GioinoMay 31, 2026
peter thiel
AIForget the STEM safety net. Peter Thiel warns AI is a bigger threat to technical roles than to creative thinkers
By Jake AngeloMay 31, 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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