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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

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

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Personal Finance Mortgage rates today, June 12, 2026

By Glen Luke FlanaganJune 12, 2026

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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 9 of 100

Prosecutors issue Google insider trading charges after an employee made more than $1.2 million on Polymarket

North America Prosecutors issue Google insider trading charges after an employee made more than $1.2 million on Polymarket

By Wyatte Grantham-Philips and The Associated PressMay 29, 2026

Newsletters The key disclosures missing from SpaceX’s S-1
By Allie GarfinkleMay 28, 2026

She oversaw 29 quarters of sales growth. Now e.l.f.’s CFO is taking on its AI strategy

AI She oversaw 29 quarters of sales growth. Now e.l.f.’s CFO is taking on its AI strategy

By Sheryl EstradaMay 29, 2026

Commentary Girls Who Code CEO: 70% of teen girls want to work in cybersecurity. We’re losing them before they start

By Tarika BarrettMay 29, 2026

blue

Innovation Jeff Bezos admits to ‘very rough day’ as Blue Origin rocket explodes days after new NASA contract

By Marcia Dunn and The Associated PressMay 29, 2026

Commentary Big Tech is laying off developers. My company just hired its first. We’re both right about AI

By Rob CollieMay 29, 2026

lentz

Commentary I built a Fortune 1000 career most people wouldn’t walk away from. Then I did

By Christine LentzMay 29, 2026

Newsletters With subscription plans, Meta finally moves to diversify its revenue
By Andrew NuscaMay 28, 2026

Commentary What Schlitz beer can teach us about AI adoption

By Julia Dhar, Kristy R. Ellmer and Philip JamesonMay 29, 2026

remote

Future of Work What if remote work—or the millennial boss—is the real Gen Z hiring nightmare?

By Nick LichtenbergMay 29, 2026

US President Donald Trump speaks to reporters after arriving on the South Lawn of the White House in Washington, DC, on May 15, 2026.

Economy Wall Street’s stagflation fears are easing thanks to the mere hint of a U.S. deal with Iran

By Eleanor PringleMay 29, 2026

Ankur Jain smiles in a green long sleeve shirt

Banking Ankur Jain says Bilt is building the ‘Shopify for housing’—and the company’s card is only the beginning

By Lily Mae LazarusMay 29, 2026

Anthropic co-founder and CEO Dario Amodei speaking at Fortune Brainstorm Tech 2023 in Park City, Utah. (Photo: Stuart Isett/Fortune)

Newsletters Anthropic is a $900 billion company now

By Andrew NuscaMay 29, 2026

AI America’s new AI map shows something surprising: ‘A lot of normal people are adopting AI’
By Nick LichtenbergMay 28, 2026

Commentary I raised $15 million without VC in one of tech’s most capital-intensive sectors. Here’s what I learned

By Hebron SherMay 29, 2026

Commentary Conference Board: We’ve just hit a peak at job satisfaction. AI threatens to completely ruin that for the unlucky 50%

By Matt Rosenbaum and Allan SchweyerMay 29, 2026

nela

AI Nela Richardson has a rare window into how AI is changing work. Her 3 takeaways should make you excited—or very frightened

By Nick LichtenbergMay 29, 2026

aaron levie

AI Sweeping Silicon Valley layoffs are proof that tech CEOs are suffering from ‘AI psychosis,’ Box CEO says

By Jake AngeloMay 29, 2026

Ferrari’s $640,000 electric car is getting roasted online—and its former chairman says it risks ‘destruction of a myth’

Innovation Ferrari’s $640,000 electric car is getting roasted online—and its former chairman says it risks ‘destruction of a myth’

By Phil WahbaMay 29, 2026

Top analyst has harsh words for SpaceX debut: ‘We recommend that investors avoid this IPO’

Investing Top analyst has harsh words for SpaceX debut: ‘We recommend that investors avoid this IPO’

By Shawn TullyMay 29, 2026

unicorn and gold coins for start up or business concept 3d rendering

Big Tech What’s rarer than a unicorn? Anthropic didn’t just join the Series H club, it almost became the first $1 trillion private company ever

By Eva RoytburgMay 28, 2026

A huge pile of multicolored poker chips.

AI Tokenmaxxing is over. That’s because it never measured what really counts to see ROI from AI

By Jeremy KahnMay 28, 2026

A barista wearing a green apron stands behind the bar and pours a drink into a cup

Retail Starbucks quietly retired its AI agent just months after deployment after it miscounted coffee shop inventories and slowed down baristas

By Sasha RogelbergMay 28, 2026

Marc Benioff, chief executive officer of Salesforce

Success As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

By Emma BurleighMay 28, 2026

Costco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans

Success Costco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans

By Preston ForeMay 28, 2026

Boos, AI-washing, and ‘lower-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging

C-Suite Boos, AI-washing, and ‘lower-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging

By Claire ZillmanMay 28, 2026

Jan van Hövell built the world's largest sports club where membership is just a Euro a month.

Success He left big law, became a DJ to pay his bills, and built sports clubs inside refugee camps. Now he wants more members than Bayern Munich

By Catherina GioinoMay 28, 2026

Commentary We gave our 5,000 employees a week to do nothing but learn AI. We learned the biggest blockers are human ones

By Rob GiglioMay 28, 2026

robot

Crypto This professor asked his robot clone about the future: ‘I think robots will coexist with people. Robots are the mirror of human beings’

By Yuri Kageyama and The Associated PressMay 28, 2026

argus

Innovation Duke scientists create robot from your nightmares: 20 legs, eyes everywhere, no front or back

By Allen Breed, Holly Ramer and The Associated PressMay 28, 2026

US President Donald Trump during a cabinet meeting at the White House in Washington, DC, US, on Wednesday, May 27, 2026.

Economy A moonshot to avoid a $39 trillion national debt crisis will rely on AI productivity going even better than bulls are hoping for, says JPMorgan

By Eleanor PringleMay 28, 2026

penn

Investing Stop investing in startups. Become their customer instead

By Serguei Netessine, Valery Yakubovich, Gary Dushnitsky and Claudio GarciaMay 28, 2026

Commentary The boardroom wants answers on AI. Are you ready?

By Brandi ThomasMay 28, 2026

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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

placeholder alt text

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

placeholder alt text

By Catherina GioinoJune 9, 2026

Personal Finance

Current price of oil as of June 11, 2026

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By Joseph HostetlerJune 11, 2026

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