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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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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
Latest Stories
Your AI is already setting prices. The real question is who sets the rules
AIYour AI is already setting prices. The real question is who sets the rules
By François Candelon, Paul-Louis Andres and Augustin ManchonJune 12, 2026
How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO
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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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More TechPage 79 of 100
Musk
Travel & LeisureTesla is officially smaller than China’s BYD in EV sales as it reports second-straight year of falling sales
By Nick LichtenbergJanuary 2, 2026
  • California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’
    Startups & VentureCalifornia tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’
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By Andrew Dalton and The Associated PressJanuary 2, 2026
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Commentary15 years after skipping college to launch 3 startups, I believe the taboo around questioning higher ed is holding an entire generation back
By Eric SimonsJanuary 2, 2026
Eric Schmidt sat in a white chair, speaking on a stage.
AIHow former Google CEO Eric Schmidt is motivated by Henry Kissinger to keep working past 70
By Jordan BlumJanuary 2, 2026
Eric Schmidt, former Google CEO, speaks during the Collision 2022 conference at Enercare Centre in Toronto, Canada.
AIGoogle ex-CEO Eric Schmidt jumps into the AI data center business with a failed, 150-year-old Texas railroad turned oil giant
By Jordan BlumJanuary 2, 2026
AI chip designer Biren’s shares surge 76% on debut in Hong Kong
AsiaAI chip designer Biren’s shares surge 76% on debut in Hong Kong
By Sangmi Cha, Chongjing Li and BloombergJanuary 2, 2026
  • NASA’s upcoming moonshot may let astronauts be the first to lay eyes on parts of the lunar far side that were missed by the Apollo program
    InnovationNASA’s upcoming moonshot may let astronauts be the first to lay eyes on parts of the lunar far side that were missed by the Apollo program
    By Marcia Dunn and The Associated PressDecember 28, 2025
BYD posts slowest annual sales growth in 5 years, but China’s EV giant is still set to outsell Tesla for the first time
AsiaBYD posts slowest annual sales growth in 5 years, but China’s EV giant is still set to outsell Tesla for the first time
By Angelica AngJanuary 2, 2026
Bill Gates gestures
SuccessCould 2026 be the year of the 4-day workweek? Here’s what top business leaders have predicted about the shift
By Preston ForeJanuary 2, 2026
Two gamer teenagers work on computers.
CybersecurityFeds are hunting teenage hacking groups like ‘Scattered Spider’ who have targeted $1 trillion worth of the Fortune 500 since 2022
By Amanda GerutJanuary 1, 2026
For CEOs in 2025, the year was all about wellness, AI adoption, and changing consumer habits
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By Fortune EditorsDecember 31, 2025
xi
EconomyXi touts China’s AI, chip wins in triumphant New Year’s speech
By BloombergDecember 31, 2025
  • Sridhar Ramaswamy is CEO of Snowflake, the AI Data Cloud company.
    CommentarySnowflake CEO: Big Tech’s grip on AI will loosen in 2026 — plus 6 more predictions that will define the year
    By Sridhar RamaswamyDecember 28, 2025
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Startups & VentureTrump Mobile says its first-ever smartphone is delayed, and the government shutdown is to blame
By Dave SmithDecember 31, 2025
MGI
CommentaryThe world is awash in wealth but starved for productivity—and that imbalance is distorting growth, debt, and opportunity. We need AI to come through
By Jan Mischke, Olivia White and Rebecca J. AndersonDecember 31, 2025
Melinda French Gates
SuccessMelinda French Gates got her start at Microsoft because an IBM hiring manager told her to turn down its job offer—’It dumbfounded me’
By Emma BurleighDecember 31, 2025
Nobuo Hayasaka, president of Kioxia Holdings Corp., stands for photographs during the company's listing ceremony at the Tokyo Stock Exchange in Tokyo, Japan, on Wednesday, Dec. 18, 2024.
AIA Japanese company you’ve never heard of walloped every major US company to become the best-performing stock of 2025
By Eva RoytburgDecember 31, 2025
Zuckerberg
AIMeta claims ‘no continuing Chinese ownership interests in Manus AI’ after reported $2 billion deal to shore up in AI agent race
By The Associated PressDecember 30, 2025
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AIAn AI super-bull who just backed the Nvidia-Groq deal warns of a data center bust: ‘We foresee a significant financial crisis’
By Eva RoytburgDecember 30, 2025
Warren
Big TechWarren Buffett plans to keep coming to the office every day, despite stepping down as Berkshire CEO at 94 years old
By Josh Funk and The Associated PressDecember 30, 2025
Nvidia CEO Jensen Huang.
AINvidia’s Groq bet shows that the economics of AI chip-building are still unsettled
By Sharon GoldmanDecember 30, 2025
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TechChatGPT gets ‘anxiety’ from violent user inputs, so researchers are teaching the chatbot mindfulness techniques to ‘soothe’ it
By Sasha RogelbergDecember 30, 2025
This 22-year-old college dropout with an AI powered YouTube empire makes $700,000 a year and works just 2 hours a day
AIThis 22-year-old college dropout with an AI powered YouTube empire makes $700,000 a year and works just 2 hours a day
By Eva RoytburgDecember 30, 2025
Mark Zuckerberg smiles in a black and white suit
AIMark Zuckerberg’s Meta is dropping over $2 billion for an AI startup—a rare example of a U.S. tech giant buying a platform founded in China
By Dave SmithDecember 30, 2025
TV
CommentaryTelevision is a state of mind: why user experience will define the next era of media
By Lin CherryDecember 30, 2025
Warren Buffett and the Geico gecko.
InvestingA vicious cycle beats a virtuous one: How Warren Buffett’s Geico fell behind Progressive in the auto insurance race
By Adam SeesselDecember 30, 2025
India
CommentaryAI adoption at scale is hard. Just look at India, which processes about 20 billion transactions every month 
By Shankar Maruwada and Angela ChitkaraDecember 30, 2025
Why Singapore is the only Southeast Asian country in Pax Silica, the U.S.’s new AI ‘inner circle’
AsiaWhy Singapore is the only Southeast Asian country in Pax Silica, the U.S.’s new AI ‘inner circle’
By Angelica AngDecember 30, 2025
Silicon Valley summit offers rare insight into humanoid robots—and China is the clear winner
InnovationSilicon Valley summit offers rare insight into humanoid robots—and China is the clear winner
By Matt O'Brien and The Associated PressDecember 29, 2025
Sam Altman, standing in front of a large window, gestures with one hand and furrows his brow as he speaks.
AIOpenAI is hiring a ‘head of preparedness’ with a $550,000 salary to mitigate AI dangers that CEO Sam Altman warns will be ‘stressful’
By Sasha RogelbergDecember 29, 2025
Gen Z could wave goodbye to résumés because most companies have turned to skills-based recruitment—and find it more effective, research shows
SuccessGen Z could wave goodbye to résumés because most companies have turned to skills-based recruitment—and find it more effective, research shows
By Orianna Rosa RoyleDecember 29, 2025
‘Godfather of AI’ Geoffrey Hinton predicts 2026 will see the technology get even better and gain the ability to ‘replace many other jobs’
AI‘Godfather of AI’ Geoffrey Hinton predicts 2026 will see the technology get even better and gain the ability to ‘replace many other jobs’
By Jason MaDecember 28, 2025
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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
Personal Finance
Current price of oil as of June 11, 2026placeholder alt text
By Joseph HostetlerJune 11, 2026
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