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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
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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’

“There are other ways to drive awareness or adoption that aren’t about making all the features immediately present,” says design head Randy Hunt.

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
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
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
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
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Big Tech
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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
Dr. Shiv Rao speaks
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
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
‘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
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
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
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
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
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
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
Latest Stories
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
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More TechPage 77 of 100
Bill Gates speaks onstage at the Bloomberg Philanthropies Global Forum 2025 at The Plaza Hotel on September 24, 2025 in New York City.
AIBill Gates says AI could be used as a bioterrorism weapon akin to the COVID pandemic if it falls into the wrong hands
By Eleanor PringleJanuary 9, 2026
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    By Ben WeissJanuary 7, 2026
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Big TechNetflix’s competition isn’t sleep anymore. Its battle against YouTube is like fighting an ‘infinite number of monkeys,’ top strategist says
By Nick LichtenbergJanuary 9, 2026
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SuccessRead Bill Gates’s 2026 annual letter in full
By Eleanor PringleJanuary 9, 2026
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AILawmakers and victims criticize the choice to limit Grok’s AI image generation to paid users as ‘insulting’ and ‘not effective’
By Beatrice NolanJanuary 9, 2026
Andreessen Horowitz’s shiny, new $15 billion reveals where the firm sees the biggest opportunities
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By Allie GarfinkleJanuary 9, 2026
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Newsletters‘Salt Typhoon’ hackers accessed email of U.S. congressional committee staff
By Andrew NuscaJanuary 9, 2026
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    Big Tech‘Largest LBO in history’: Warner rejects Paramount again, scoffing at $87 billion worth of debt in its $108 billion bid
    By Nick LichtenbergJanuary 7, 2026
Singapore-based startup founder Anand Roy thinks generative AI can help fix a broken music sector
AsiaSingapore-based startup founder Anand Roy thinks generative AI can help fix a broken music sector
By Angelica AngJanuary 8, 2026
Brown
CybersecurityMass shootings on campus give rise to a new kind of life-saving service journalism: an anonymous message board called Sidechat
By Leah Willingham and The Associated PressJanuary 8, 2026
Luckey
PoliticsFounder of $30 billion defense tech company Anduril embraces Trump’s threat to crack down: It’s ‘good to scare people sometimes’
By Marco Quiroz-GutierrezJanuary 8, 2026
Amazon CEO Andy Jassy
Workplace CultureAmazon demands proof of productivity from employees, asking for list of accomplishments
By Jake AngeloJanuary 8, 2026
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By David J. KapposJanuary 8, 2026
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    Startups & Venture25 is the new 30 when it comes to AI founders as Gen Z entrepreneurs lead the way on billion-dollar unicorn startups, top VC partner says
    By Nick LichtenbergJanuary 7, 2026
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NewslettersAI is boosting productivity. Here’s why some workers feel a sense of loss
By Sharon GoldmanJanuary 8, 2026
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CommentaryWarner Bros. Discovery’s board isn’t choosing a deal — it’s avoiding one
By Mark DesJardineJanuary 8, 2026
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AIAs Utah gives AI the power to prescribe some drugs, physicians warn of patient risks
By Beatrice NolanJanuary 8, 2026
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CommentaryAI isn’t failing your company. Your operating model is
By Katerin Le FolcalvezJanuary 8, 2026
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AIGoogle and Character.AI agree to settle lawsuits over teen suicides linked to AI chatbots
By Beatrice NolanJanuary 8, 2026
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By Shane GoodwinJanuary 8, 2026
Exclusive: Invictus-backed cybersecurity company ThreatModeler acquires competitor IriusRisk for over $100 million
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By Leo SchwartzJanuary 8, 2026
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Startups & VentureGoogle takes first steps toward an AI product that can actually tackle your email inbox
By Jacqueline MunisJanuary 8, 2026
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By Allie GarfinkleJanuary 8, 2026
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NewslettersChina reportedly tells tech firms to pause Nvidia H200 orders
By Andrew NuscaJanuary 8, 2026
corner office
Future of WorkAI layoffs are looking more and more like corporate fiction that’s masking a darker reality, Oxford Economics suggests
By Nick LichtenbergJanuary 7, 2026
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InvestingJensen Huang might be fine with a billionaires tax, but Google cofounder Larry Page is already dumping California
By Sasha RogelbergJanuary 7, 2026
Photo of Sam Altman
AIOpenAI launches ChatGPT Health in a push to become a hub for personal health data
By Sharon GoldmanJanuary 7, 2026
The typical American plan to study for 22 years and work for 40 ‘is broken,’ VC CEO says. Thanks to AI, employees can’t coast after graduation anymore
Future of WorkThe typical American plan to study for 22 years and work for 40 ‘is broken,’ VC CEO says. Thanks to AI, employees can’t coast after graduation anymore
By Marco Quiroz-GutierrezJanuary 7, 2026
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Future of Work‘It feels challenging to break through’: Most recruiters say they can’t find talent while 80% of job seekers feel unprepared to find a job
By Jacqueline MunisJanuary 7, 2026
Nestlé’s CIO says the value of the food giant’s AI investments goes well beyond efficiency
NewslettersNestlé’s CIO says the value of the food giant’s AI investments goes well beyond efficiency
By John KellJanuary 7, 2026
OpenAI suggests ChatGPT play doctor as millions of Americans face spiking insurance costs: ‘In the U.S., ChatGPT has become an important ally’
HealthOpenAI suggests ChatGPT play doctor as millions of Americans face spiking insurance costs: ‘In the U.S., ChatGPT has become an important ally’
By Tristan BoveJanuary 7, 2026
Nvidia founder and CEO Jensen Huang
C-SuiteJensen Huang is ‘perfectly fine’ with a billionaire tax, shrugging off concerns that it might scatter Silicon Valley’s talent pool
By Eleanor PringleJanuary 7, 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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