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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

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Current price of oil as of June 11, 2026
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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
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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
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
AI
More in AI
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 AI
Innovation
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
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
Latest Stories
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CommentaryKen 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 FinanceTop 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 FinanceToday’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
NewslettersHow 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.
CryptoControversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation
By Camila Grigera NaonJune 12, 2026
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Photo of Miles Brundage, a former OpenAI policy researcher who has founded AVERI, a nonprofit institute advocating for independent AI safety audits of top AI labs.
AIExclusive: Former OpenAI policy chief creates nonprofit institute, calls for independent safety audits of frontier AI models
By Jeremy KahnJanuary 15, 2026
  • Elon Musk shares 4 bold predictions for the future of work: Robot surgeons in 3 years, immortality, and no need for retirement savings
    SuccessElon Musk shares 4 bold predictions for the future of work: Robot surgeons in 3 years, immortality, and no need for retirement savings
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A Verizon store in New York, US, on Wednesday, Jan. 14, 2026.
LawVerizon 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
Exclusive: Mytra raises $120 million Series C to scale supply chain robotics amid industry boom
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By Allie GarfinkleJanuary 15, 2026
IPO boom times are back, with SpaceX and OpenAI on investors’ 2026 wish list. But be careful what you buy
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By Jeff John RobertsJanuary 15, 2026
Photo: President Donald Trump during a bill signing event with dairy farmers in the Oval Office on Wednesday January 14, 2026.
InvestingTrump’s chips ‘proclamation’ causes retail investors to dump the Magnificent Seven stocks  
By Jim EdwardsJanuary 15, 2026
The Verizon logo displayed on a smartphone screen on September 30, 2024. (Photo illustration: Justin Sullivan/Getty Images)
NewslettersVerizon hit with a major U.S. outage
By Andrew NuscaJanuary 15, 2026
  • Illustration of the AI chatbot Claude on a mobile phone in front of an Anthropic logo.
    AIAnthropic launches Claude Cowork, a file-managing AI agent that could threaten dozens of startups
    By Beatrice NolanJanuary 13, 2026
sharma
CommentaryAI will infiltrate the industrial workforce in 2026—let’s apply it to training the next generation, not replacing them
By Kriti SharmaJanuary 15, 2026
Using AI just to reduce costs is a woeful misuse of a transformative technology
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By Nigel VazJanuary 15, 2026
AI ‘godfather’ Yoshua Bengio says he’s found a fix for AI’s biggest risks and become more optimistic by ‘a big margin’ on humanity’s future
AIAI ‘godfather’ Yoshua Bengio says he’s found a fix for AI’s biggest risks and become more optimistic by ‘a big margin’ on humanity’s future
By Sharon GoldmanJanuary 15, 2026
outage
North AmericaIf your phone is on SOS (and you can see this), yes, Verizon is having a major outage across the U.S.
By The Associated PressJanuary 14, 2026
McKinsey challenges graduates to master AI tools as it shifts hiring hunt toward liberal arts majors
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How Expedia’s CTO is using AI to transform work for 17,000 employees—and travel for millions
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SuccessThe job market is broken, but Nvidia CEO Jensen Huang is ‘fairly confident’ that AI will increase productivity and therefore, hiring—but there’s a catch
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newsom
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By MIchael R. Blood, Michael Liedtke and The Associated PressJanuary 14, 2026
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Photo: Meta chief Mark Zuckerberg
InvestingThe ‘Magnificent 7’ stocks are dying, and Wall Street is pretty happy about it
By Jim EdwardsJanuary 14, 2026
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Brokerage tech firm Alpaca raises $150 million in push to compete with trading giant Interactive Brokers
CryptoBrokerage tech firm Alpaca raises $150 million in push to compete with trading giant Interactive Brokers
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Elon Musk says humans are ‘pre-programmed to die’ and longevity is ‘solvable’, raising huge questions about the future of health
HealthElon Musk says humans are ‘pre-programmed to die’ and longevity is ‘solvable’, raising huge questions about the future of health
By Marco Quiroz-GutierrezJanuary 14, 2026
Photo of Sundar Pichai (left) next to Apple CEO Tim Cook
AIGoogle wins big in AI deal with Apple, which highlights the iPhone maker’s own AI struggles and could spell trouble for OpenAI
By Jeremy Kahn and Beatrice NolanJanuary 13, 2026
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NewslettersAs ‘agentic commerce’ gains ground, companies shouldn’t put too much faith in ‘GEO,’ one industry insider warns
By Jeremy KahnJanuary 13, 2026
Being mean to ChatGPT can boost its accuracy, but scientists warn you may regret it
AIBeing mean to ChatGPT can boost its accuracy, but scientists warn you may regret it
By Marco Quiroz-GutierrezJanuary 13, 2026
‘Humans could go the way of horses’: Goldman calculated how bad the AI ‘job apocalypse’ will be—and its analysts were pleasantly surprised
AI‘Humans could go the way of horses’: Goldman calculated how bad the AI ‘job apocalypse’ will be—and its analysts were pleasantly surprised
By Jim EdwardsJanuary 13, 2026
Mark Zuckerberg
Future of WorkMeta is changing its performance review to reward output over effort, taking a page from Amazon and X
By Jake AngeloJanuary 13, 2026
Warren Buffett on the phone
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By Preston ForeJanuary 13, 2026
Mercor Founders - Adarsh Hiremath, Brendan Foody
AIChief people officers—and Jamie Dimon—say AI can’t learn ‘human skills.’ The world’s youngest self-made billionaires want to prove them wrong
By Jake AngeloJanuary 13, 2026
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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
Personal Finance
Current price of oil as of June 11, 2026placeholder alt text
By Joseph HostetlerJune 11, 2026
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