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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
Latest Stories
Mortgage rates today, June 12, 2026
Personal FinanceMortgage rates today, June 12, 2026
By Glen Luke FlanaganJune 12, 2026
Current refi mortgage rates report for June 12, 2026
Personal FinanceCurrent refi mortgage rates report for June 12, 2026
By Glen Luke FlanaganJune 12, 2026
Current ARM mortgage rates report for June 12, 2026
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By Glen Luke FlanaganJune 12, 2026
The chaos at CBS News shows the limits of ‘blow it up’ leadership
C-SuiteThe chaos at CBS News shows the limits of ‘blow it up’ leadership
By Claire ZillmanJune 12, 2026
Melania launches Trump Accounts for foster kids — and Democratic governors want no part of it
MPWMelania launches Trump Accounts for foster kids — and Democratic governors want no part of it
By Fatima Hussein and The Associated PressJune 12, 2026
fda
HealthWhy is the FDA approving kid-friendly, fruit-flavored e-cigarettes?
By Matthew Perrone and The Associated PressJune 12, 2026
lula
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
defense
PoliticsTrump says Europe freeloads on defense. Britain’s own (former) Defense Secretary just agreed
By Jill Lawless, Danica Kirka and The Associated PressJune 11, 2026
More TechPage 80 of 100
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’
By Jason MaDecember 28, 2025
  • President Donald Trump walks to the South Portico along the South Lawn at the White House on December 13, 2025 in Washington, DC
    Economy‘Precarious’ is Wall Street’s defining word for 2026
    By Eleanor PringleDecember 24, 2025
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
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
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025.
AIOpenAI CEO Sam Altman says he is ‘envious’ of Gen Z college dropouts who have the ‘mental space’ and time to build new startups
By Nino PaoliDecember 28, 2025
Brutal year for stock picking spurs trillion-dollar fund exodus
InvestingBrutal year for stock picking spurs trillion-dollar fund exodus
By Isabelle Lee, Alexandra Semenova and BloombergDecember 27, 2025
Blue Origin names Tory Bruno to new national security group
InnovationBlue Origin names Tory Bruno to new national security group
By Loren Grush and BloombergDecember 27, 2025
  • AI Artificial Intelligence on a laptop with a blue abstract background
    BankingIn 2026 CFOs predict AI transformation, not just efficiency gains
    By Sheryl EstradaDecember 24, 2025
Alex Bores stands near a window in the Capitol building
AIEx-Palantir turned politician Alex Bores says AI deepfakes are a ‘solvable problem’ if we bring back a free, decades-old technique
By Dave SmithDecember 27, 2025
At the edges of the AI data center boom, rural America is up against Silicon Valley billions
MagazineAt the edges of the AI data center boom, rural America is up against Silicon Valley billions
By Sharon GoldmanDecember 27, 2025
research
Cybersecurity2026 will be the year you get fooled by a deepfake, researcher says. Voice cloning has crossed the ‘indistinguishable threshold’
By Siwei Lyu and The ConversationDecember 27, 2025
Employee is applauded at office
SuccessThe ‘occupations most exposed to AI automation’ actually outperform the rest of the job market, new research reveals
By Emma BurleighDecember 27, 2025
Seniors relive their days of wanderlust and thrill-seeking with virtual reality. ‘It’s about all the memories that it brings back’
Travel & LeisureSeniors relive their days of wanderlust and thrill-seeking with virtual reality. ‘It’s about all the memories that it brings back’
By Michael Liedtke and The Associated PressDecember 26, 2025
  • Silicon Valley’s tone-deaf take on the AI backlash will matter in 2026
    NewslettersSilicon Valley’s tone-deaf take on the AI backlash will matter in 2026
    By Sharon GoldmanDecember 23, 2025
An NYSE trader looks at his computer monitor.
AI‘Artificial stupidity’ made AI trading bots spontaneously form cartels when left unsupervised, Wharton study reveals
By Sasha RogelbergDecember 26, 2025
MJ Burk Chun
InnovationConfused by baby goats, having car nightmares, struggling to move from LA to Miami Beach — Robots are just like us, exec says
By Nick LichtenbergDecember 26, 2025
Intrator
AIOutsiders see a circular economy. CoreWeave’s CEO sees a ‘violent change’ rattling the supply chain down to the inside of the earth
By Nick LichtenbergDecember 26, 2025
‘He satisfies a lot of my needs’: Meet the women in love with ChatGPT
AI‘He satisfies a lot of my needs’: Meet the women in love with ChatGPT
By Beatrice NolanDecember 26, 2025
Greg Hart, CEO, Coursera.
SuccessAfter 23 years working for Jeff Bezos, the CEO of a $1.3 billion skills platform shares lessons he learned from Andy Jassy and the Amazon founder
By Eleanor PringleDecember 26, 2025
The world’s leading blockchain-based taxi app is setting its sights on New York City
CryptoThe world’s leading blockchain-based taxi app is setting its sights on New York City
By Angelica AngDecember 25, 2025
Zehra Naqvi, Founder and CEO, Lore Kiara Nirghin, Scientist; Co-Founder and Chief Technology Officer, Chima Moderator: Rana El Kaliouby, Blue Tulip Ventures Photograph by Stuart Isett/Fortune
AIGen Z founder on ‘AI anxiety’ and being pigeonholed as generation shortcut: that’s the ‘biggest misconception’
By Nick LichtenbergDecember 25, 2025
Panos Panay, Senior Vice President, Devices and Services, Amazon
AIAmazon’s Alexa chief predicts an end to doom scrolling: the next generation is ‘going to just think differently’
By Nick LichtenbergDecember 25, 2025
Prakhar Mehrotra smiles as he sits in a yellow chair onstage with "Fortune" on the background screen.
AIThe real AI revolution is going from the information era to the ‘intelligence era,’ Paypal senior VP says. That means your focus should be tokens
By Sasha RogelbergDecember 25, 2025
Goldman Sachs expects layoffs to keep rising—and says investors are punishing the stocks of companies that slash staff
InvestingGoldman Sachs expects layoffs to keep rising—and says investors are punishing the stocks of companies that slash staff
By Lee CliffordDecember 25, 2025
Tesla faces NHTSA probe over Model 3 emergency door handles
Big TechTesla faces NHTSA probe over Model 3 emergency door handles
By Dana Hull and BloombergDecember 24, 2025
Arkeem and Ashley with their 6 children.
SuccessMeet the millennial father of six who rebuilt his life through the trades—and questions America’s obsession with college
By Eva RoytburgDecember 24, 2025
Vanguard CIO Nitin Tandon.
NewslettersHow investment giant Vanguard’s CIO is placing big tech bets today to create the AI digital advisor of tomorrow
By John KellDecember 24, 2025
Ali Ghodsi
AICEO of a $134 billion software giant blasts companies with billions in funding but zero revenue: ‘That’s clearly a bubble, right… it’s, like, insane’
By Nick LichtenbergDecember 24, 2025
Calvin Butler, President and CEO, Exelon
EnergyUtility CEO on the data center crunch: America’s ‘check engine light’ is on and ‘no one’s going to pay attention until it breaks down’
By Nick LichtenbergDecember 24, 2025
US Secretary of State Marco Rubio
PoliticsTrump administration bars 5 prominent Europeans from the U.S., accusing them of pressuring tech firms to ‘censor’ American speech
By Beatrice NolanDecember 24, 2025
The AI startups founders and VCs say could be acquisition targets in 2026
NewslettersThe AI startups founders and VCs say could be acquisition targets in 2026
By Allie GarfinkleDecember 24, 2025
Thierry Breton, former European Commissioner for the Internal Market, in Paris on June 13, 2025. (Photo: Thomas Samson/AFP/Getty Images)
NewslettersU.S. denies visas for five Europeans, alleging American censorship
By Andrew NuscaDecember 24, 2025
Man checking watch as he walks through forrest
SuccessCEOs reveal their New Year’s resolutions for 2026: From 8-day bike races and AI training, to finally cracking 7 hours of sleep a night
By Emma BurleighDecember 24, 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
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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