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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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Current price of oil as of June 11, 2026

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

Current price of oil as of June 11, 2026

Tech

Tech

Startups & Venture

SpaceX headquarters outside

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

Elon Musk

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

By Jim EdwardsJune 12, 2026

Mo Jomaa of CapitalG, Nizar Tarhuni of PitchBook, and Hans Tung of Notable Capital at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)

The SpaceX IPO is not the market savior it seems

By Andrew NuscaJune 12, 2026

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’

By Sasha RogelbergJune 12, 2026

Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’

Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’

By Angelica AngJune 12, 2026

Your AI is already setting prices. The real question is who sets the rules

Your AI is already setting prices. The real question is who sets the rules

By François Candelon, Paul-Louis Andres and Augustin ManchonJune 12, 2026

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

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

The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba’s IPO, in second place.

By Mia OsmonbekovJune 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

Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it

The $5.3 billion ambient AI startup is expanding from clinical notes into billing, drug trials, and real-time insurance claims.

By Lily Mae LazarusJune 11, 2026

SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big

The real money comes after the opening bell.

By Shawn TullyJune 11, 2026

More in Startups & Venture

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

Asia’s AI race won’t be won by early adopters. It will be won by businesses that rebuild processes, data, and governance around AI at scale.

By Garrett IlgJune 11, 2026

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

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

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

More in Innovation

‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight

‘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

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

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

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

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

fort

Commentary Ken Griffin has Miami. Stephen Ross has West Palm Beach. Fort Lauderdale had Wayne Huizenga — and it’s been winning ever since

By Jenni MorejonJune 12, 2026

Top CD rates today, June 12, 2026: Lock in up to up to 4.30%

Personal Finance Top CD rates today, June 12, 2026: Lock in up to up to 4.30%

By Glen Luke FlanaganJune 12, 2026

Today’s top high-yield savings rates: Up to 5.00% on June 12, 2026

Personal Finance Today’s top high-yield savings rates: Up to 5.00% on June 12, 2026

By Glen Luke FlanaganJune 12, 2026

How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO

Newsletters How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO

By Diane BradyJune 12, 2026

An Osasuna player passes the ball while under pressure from Getafe rival.

Crypto Controversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation

By Camila Grigera NaonJune 12, 2026

Mortgage rates today, June 12, 2026

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By Glen Luke FlanaganJune 12, 2026

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By Glen Luke FlanaganJune 12, 2026

More TechPage 74 of 100

ravi

Commentary Learning and work are converging in an integrated new life template for the AI era

By Ravi Kumar SJanuary 19, 2026

AI Exclusive: Former OpenAI policy chief creates nonprofit institute, calls for independent safety audits of frontier AI models
By Jeremy KahnJanuary 15, 2026

dusek

Commentary Geoeconomics is the new geopolitics: Playing offense in the new economy

By Mirek DusekJanuary 19, 2026

posnett

Banking Goldman investment banking co-head Kim Posnett on the year ahead, from an IPO ‘mega-cycle’ to another big year for M&A to AI’s ‘horizontal disruption’

By Nick LichtenbergJanuary 19, 2026

An AI-generated version of Trump’s voice is used in ad that promises an ‘all new Fannie Mae’ to tackle housing affordability

AI An AI-generated version of Trump’s voice is used in ad that promises an ‘all new Fannie Mae’ to tackle housing affordability

By Anne D'Innocenzio and The Associated PressJanuary 18, 2026

typewriter

Future of Work Meet a 28-year-old Canadian woman who turned her pen-pal side hustle into a subscription side hustle with over 1,000 members

By Cheyanne Mumphrey and The Associated PressJanuary 18, 2026

Photo of Jim Farley

AI Ford CEO warns there’s a dearth of blue-collar workers able to construct AI data centers and operate factories: ‘Nothing to backfill the ambition’

By Sasha RogelbergJanuary 18, 2026

Law Verizon offers $20 account credits for 1.5 million customers outraged by mysterious 10-hour-long service outage. Here’s how to get the credit
By Eva RoytburgJanuary 15, 2026

vian

Commentary I oversee a lab where engineers try to destroy my life’s work. It’s the only way to prepare for quantum threats

By Bernard VianJanuary 18, 2026

U.S. President Donald Trump speaks to the press, saying he's talking to NATO about Greenland, before he departs the White House en route Palm Beach, Florida on January 16, 2026, in Washington DC, United States.

Politics The weak business case for Trump acquiring Greenland: a $1 trillion price tag and few returns for two decades

By Jordan BlumJanuary 17, 2026

boardroom

Commentary When AI decides how shareholders vote, boards need to rethink governance

By Jane SadowskyJanuary 17, 2026

The CEO of Informatica, Amit Walia

Success Like DoorDash and Google’s CEOs, $7.6 billion Informatica boss is a McKinsey alum—he says being ‘pushed around’ by smart consultants helped him grow

By Emma BurleighJanuary 17, 2026

photo of western union store

Crypto Stablecoins will shake up the $900 billion remittance market—setting up a fight between crypto firms and legacy brands like Western Union

By Carlos GarciaJanuary 17, 2026

Newsletters Exclusive: Mytra raises $120 million Series C to scale supply chain robotics amid industry boom
By Allie GarfinkleJanuary 15, 2026

Exclusive: Elon Musk’s Boring Co. is studying a tunnel project to Tesla Gigafactory near Reno

Innovation Exclusive: Elon Musk’s Boring Co. is studying a tunnel project to Tesla Gigafactory near Reno

By Jessica MathewsJanuary 16, 2026

ChatGPT tests ads as a new era of AI begins

AI ChatGPT tests ads as a new era of AI begins

By Sharon GoldmanJanuary 16, 2026

Trump says he’ll make tech firms pay for power. They’d love to

AI Trump says he’ll make tech firms pay for power. They’d love to

By Michelle Ma, Alicia Tang and BloombergJanuary 16, 2026

Close cropped images of Sam Altman alongside an actor playing him.

AI A filmmaker deepfaked Sam Altman for his movie about AI. Then things got personal

By Beatrice NolanJanuary 16, 2026

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By Fortune EditorsJanuary 16, 2026

Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: ‘I wish upon you ample doses of pain and suffering’

Success Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: ‘I wish upon you ample doses of pain and suffering’

By Orianna Rosa RoyleJanuary 16, 2026

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By Eva Roytburg and Nick LichtenbergJanuary 16, 2026

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Commentary Adaptability is the new job security and 4 more future AI trends from EY’s global chief innovation officer

By Joe DepaJanuary 16, 2026

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AI Wave of defections from former OpenAI CTO Mira Murati’s $12 billion startup Thinking Machines shows cutthroat struggle for AI talent

By Jeremy Kahn and Sharon GoldmanJanuary 16, 2026

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By Awaneesh VermaJanuary 16, 2026

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By Jake Angelo and Nick LichtenbergJanuary 16, 2026

Databricks CEO speaking on stage.

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By Allie GarfinkleJanuary 16, 2026

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By Andrew NuscaJanuary 16, 2026

From left: Hari Bala of Solventum, Bill Briggs of Deloitte; Susan Doniz of Disney, Lauri Palmieri of Salesforce, and Allie Garfinkle of Fortune at the annual Brainstorm Tech dinner during CES in Las Vegas on Jan. 5, 2026. (Photo: Jacob Kepler/Fortune)

AI Protect your agentic AI before you wreck your agentic AI

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Chubbies cofounder Kyle Hency is back—his new startup Good Day just raised $7 million in seed funding

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By Allie GarfinkleJanuary 15, 2026

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Personal Finance Gavin Newsom’s anti-Zohran moment: the California billionaire tax that splits the Democratic Party down the middle

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Oracle struggles to attract workers to Nashville ‘world HQ’—even with a 2-million-square-foot office and Larry Ellison’s favorite restaurant

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By Marco Quiroz-GutierrezJanuary 15, 2026

Customers lament Tesla’s move toward monthly fees for self-driving cars: ‘You will own nothing and be happy’

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Worried about AI taking your job? New Anthropic research shows it’s not that simple

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Most Popular

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

Personal Finance

Current price of oil as of June 11, 2026

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By Joseph HostetlerJune 11, 2026

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