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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

Tech

Tech

Startups & Venture

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

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

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 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

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 Finance Mortgage rates today, June 12, 2026

By Glen Luke FlanaganJune 12, 2026

Current refi mortgage rates report for June 12, 2026

Personal Finance Current refi mortgage rates report for June 12, 2026

By Glen Luke FlanaganJune 12, 2026

Current ARM mortgage rates report for June 12, 2026

Personal Finance Current ARM mortgage rates report for June 12, 2026

By Glen Luke FlanaganJune 12, 2026

The chaos at CBS News shows the limits of ‘blow it up’ leadership

C-Suite The 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

MPW Melania launches Trump Accounts for foster kids — and Democratic governors want no part of it

By Fatima Hussein and The Associated PressJune 12, 2026

fda

Health Why is the FDA approving kid-friendly, fruit-flavored e-cigarettes?

By Matthew Perrone and The Associated PressJune 12, 2026

lula

Environment Trump 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

Politics Trump 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 81 of 100

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

Innovation Waymos froze, blocked traffic during San Francisco power outage
By Maria Paula Mijares Torres and BloombergDecember 21, 2025

AI Artificial Intelligence on a laptop with a blue abstract background

Banking In 2026 CFOs predict AI transformation, not just efficiency gains

By Sheryl EstradaDecember 24, 2025

Silicon Valley’s tone-deaf take on the AI backlash will matter in 2026

Newsletters Silicon Valley’s tone-deaf take on the AI backlash will matter in 2026

By Sharon GoldmanDecember 23, 2025

Young rich woman in front of plane

Success There are more self-made billionaires under 30 than ever before—11 of them have made the ultra-wealthy club in the last 3 months thanks to AI

By Emma BurleighDecember 23, 2025

ChatGPT Atlas illustration.

AI OpenAI says prompt injections that can trick AI browsers like ChatGPT Atlas may never be fully ‘solved’—experts say risks are ‘a feature not a bug’

By Beatrice NolanDecember 23, 2025

10 crucial insights for small business owners to succeed in 2026—and beyond

Success 10 crucial insights for small business owners to succeed in 2026—and beyond

By Ashley LutzDecember 23, 2025

Success Multimillionaire musician Will.i.am says work-life balance is for people ‘working on someone else’s dream’ and not for visionaries—he grinds from 5-to-9 after his 9-to-5
By Orianna Rosa RoyleDecember 21, 2025

Photo of Sam Altman

Success OpenAI’s CEO Sam Altman says in 10 years’ time college graduates will be working ‘some completely new, exciting, super well-paid’ job in space

By Preston ForeDecember 23, 2025

Kurian

AI Google Cloud chief reveals the long game: a decade of silicon and the energy battle behind the AI boom

By Nick LichtenbergDecember 23, 2025

Rows of servers at Facebook's Fort Worth Data Center in Texas.

Economy A huge chunk of U.S. GDP growth is being kept alive by AI spending ‘with no guaranteed return,’ Deutsche Bank says

By Jim EdwardsDecember 23, 2025

Hong Kong tops global IPO charts for the first time since 2019 for total funds raised, overtaking New York’s stock exchanges

Investing Hong Kong tops global IPO charts for the first time since 2019 for total funds raised, overtaking New York’s stock exchanges

By Angelica AngDecember 23, 2025

As AI investors fret over ROI, these startups attracted serious cash from customers in 2025

Newsletters As AI investors fret over ROI, these startups attracted serious cash from customers in 2025

By Allie GarfinkleDecember 23, 2025

Success Is AI really killing finance and banking jobs? Experts say Wall Street’s layoffs may be more hype than takeover—for now
By Emma BurleighDecember 21, 2025

Sheldon Kimber, CEO of Intersect Power, right, at the Oberon Solar plant near Desert Center, California, on Oct. 25, 2023. (Photo: Lauren Justice/Bloomberg/Getty Images)

Newsletters Why Alphabet will acquire Intersect Power

By Andrew NuscaDecember 23, 2025

Trinity Gas Storage recently completed the first, new major storage hub in years, and an East Texas expansion is already underway.

Energy Little-known underground salt caverns could slow the AI boom and its thirst for power

By Jordan BlumDecember 23, 2025

Waymo chaos during San Francisco power outage likely due to ‘operational management failure’ instead of software flaw, expert says

AI Waymo chaos during San Francisco power outage likely due to ‘operational management failure’ instead of software flaw, expert says

By Jaimie Ding and The Associated PressDecember 22, 2025

Bank of America’s Moynihan says AI’s economic benefit is ‘kicking in more’

Banking Bank of America’s Moynihan says AI’s economic benefit is ‘kicking in more’

By Katherine Chiglinsky, Steve Dickson and BloombergDecember 22, 2025

Photo of Sam Bankman-Fried

Crypto Notorious crypto con man Sam Bankman-Fried has a prison passion project: giving legal advice to other inmates

By Carlos GarciaDecember 22, 2025

AI nude

Cybersecurity 13-year-old girl attacked a boy showing an AI-generated nude image of her. She was expelled

By Heather Hollingsworth, Jack Brook and The Associated PressDecember 22, 2025

In 2000 Larry Page said Google was ‘nowhere near’ the ultimate search engine—25 years later, Gemini might be close

AI In 2000 Larry Page said Google was ‘nowhere near’ the ultimate search engine—25 years later, Gemini might be close

By Marco Quiroz-GutierrezDecember 22, 2025

Photo of Colin Angle

Innovation ‘It’s a cage match’: Beleaguered iRobot founder says the biggest reason why the Roomba-maker failed was because of growing Chinese competition

By Sasha RogelbergDecember 22, 2025

Meta’s Threads makes a play for podcasters and their rabid fans

Big Tech Meta’s Threads makes a play for podcasters and their rabid fans

By Ashley Carman and BloombergDecember 22, 2025

Mark Cuban says AI allows ‘creators to become exponentially more creative,’ but his advice didn’t land well with people working in the industry

AI Mark Cuban says AI allows ‘creators to become exponentially more creative,’ but his advice didn’t land well with people working in the industry

By Sydney LakeDecember 22, 2025

Larry Ellison sits in the Oval Office

Big Tech Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.

By Dave SmithDecember 22, 2025

Chris Nicholas

Commentary I’m the Sam’s Club CEO and I’ve got an AI leadership reality check: let purpose, not promise, guide investment

By Chris NicholasDecember 22, 2025

man

AI It’s starting to look like we’ll never come up with a good way to tell what was written by AI and what was written by humans

By Ambuj Tewari and The ConversationDecember 22, 2025

Woodside

AI An Iowa company that builds wood chippers doesn’t care about your AI buzzwords: 2 Silicon Valley CEOs get real about the hype-slop-cycle

By Nick LichtenbergDecember 22, 2025

Geoff Green

Commentary Your mortgage likely cost $11,500 to originate—and reams of paperwork. How Salesforce Agentforce is helping improve the process

By Geoff GreenDecember 22, 2025

Startup Stuffers and its pre-teen founders offer lessons in how to make the most of AI

Newsletters Startup Stuffers and its pre-teen founders offer lessons in how to make the most of AI

By Allie GarfinkleDecember 22, 2025

A Waymo robotaxi unable to detect traffic lights after a major power outage in San Francisco, California on December 20, 2025. (Photo: Tayfun Coskun/Anadolu/Getty Images)

Newsletters What happened when Waymo robotaxis met a San Francisco blackout

By Andrew NuscaDecember 22, 2025

A top global design alliance is embracing AI to ‘let designers focus more on empathy and creativity’

AI A top global design alliance is embracing AI to ‘let designers focus more on empathy and creativity’

By Angelica AngDecember 22, 2025

OpenAI sees better margins on business sales, report says

AI OpenAI sees better margins on business sales, report says

By Mark Bergen and BloombergDecember 21, 2025

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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

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

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By Amanda GerutJune 9, 2026

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