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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
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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
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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
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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 95 of 100
Cara Sylvester is the executive vice president and chief guest experience officer for Target Corporation
CommentaryAt Target, we believe retail’s next great disruptor is emotion. Look no further than this year’s winter wonderland
By Cara SylvesterNovember 26, 2025
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    Future of WorkMcKinsey explains why AI won’t take your job, even though it can already automate 57% of all U.S. work hours
    By Nick LichtenbergNovember 25, 2025
Photo: WASHINGTON, DC - NOVEMBER 19: Nvidia CEO Jensen Huang listens as U.S. President Donald Trump speaks at the U.S.-Saudi Investment Forum at the Kennedy Center on November 19, 2025 in Washington, DC. The forum is intended to bring together business leaders, innovators and political leaders with the goal of strengthening economic ties and promoting investment between the United States and Saudi Arabia.
InvestingInvestors ignore Nvidia as an across-the-board global rally in stocks gets underway
By Jim EdwardsNovember 26, 2025
What Warner Music’s settlement with Suno says about the AI bubble
NewslettersWhat Warner Music’s settlement with Suno says about the AI bubble
By Alexei OreskovicNovember 26, 2025
Nvidia founder and CEO Jensen Huang in Gyeongju, South Korea on October 31, 2025. (Photo: Woohae Cho/Getty Images)
NewslettersNvidia: We’re ‘a generation ahead’ of Google’s AI chips
By Andrew NuscaNovember 26, 2025
How AI can power Europe’s next industrial revolution
CommentaryHow AI can power Europe’s next industrial revolution
By Dave McCannNovember 26, 2025
Sundar Pichai
Big TechGoogle, the sleeping giant in global AI race, now ‘fully awake’
By Mark Bergen, Newley Purnell and BloombergNovember 25, 2025
  • Illustration of a masked man holding a large Bitcoin.
    CryptoCrypto attack saw victims endure waterboarding, sexual assault in $1.6 million Bitcoin robbery 
    By Carlos GarciaNovember 24, 2025
Nvidia is so spooked by Google’s sudden AI comeback that it’s posting on X to defend itself
Big TechNvidia is so spooked by Google’s sudden AI comeback that it’s posting on X to defend itself
By Eva RoytburgNovember 25, 2025
RealPage, a rent pricing software, helps landlords charge the highest possible rent by accessing confidential data, critics argue.
Real EstateDeal emerges from antitrust lawsuit that alleged landlords used pricing software for ‘algorithmic collusion’ to drive up rent
By R.J. Rico and The Associated PressNovember 25, 2025
Nouriel Roubini, chief executive officer of Roubini Macro Associates Inc., during a Bloomberg Television interview on the sidelines of the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 24, 2023.
Economy‘Dr. Doom’ Nouriel Roubini breaks with the crowd on the AI bubble, saying the U.S. is headed for a ‘growth recession’ and not a market crash
By Eva Roytburg and Nick LichtenbergNovember 25, 2025
Smartphone displaying the logo of the Qwen app. Qwen is the open source AI model made by Chinese internet giant Alibaba.
AIOutside the U.S. and Europe, the momentum of China’s open source AI models is plain to see
By Jeremy KahnNovember 25, 2025
Photo of Sam Altman
InnovationSam Altman says OpenAI’s first device is iPhone-level revolutionary but brings ‘peace and calm’ instead of ‘unsettling’ flashing lights and notifications
By Marco Quiroz-GutierrezNovember 25, 2025
  • Dr. Fei-Fei Li during a reception for the 2025 Queen Elizabeth Prize for Engineering, at St James' Palace November 5, 2025 in London, England.
    AIShe ran her parents’ dry-cleaning business at 18. Today, the ‘godmother of AI’ is advising world leaders and running a billion-dollar startup
    By Eva RoytburgNovember 24, 2025
Markets wipe $250 billion off Nvidia as they digest Google’s revenge, with Gemini 3 emerging as ‘current state of the art’
InvestingMarkets wipe $250 billion off Nvidia as they digest Google’s revenge, with Gemini 3 emerging as ‘current state of the art’
By Nick LichtenbergNovember 25, 2025
Elon Musk
LawTesla 3 suddenly accelerated into utility pole and burst into fmales, wrongful death lawsuit claims
By Mark Thiessen and The Associated PressNovember 25, 2025
How a jazz musician built a startup solving employee retention—with a platform that plays to every strength
Workplace CultureHow a jazz musician built a startup solving employee retention—with a platform that plays to every strength
By Alexandra KirkmanNovember 25, 2025
Marc Benioff smiles outside
AI‘I’m not going back’: Billionaire Marc Benioff says he’s switching to Google’s Gemini 3 after using ‘ChatGPT every day for three years’
By Dave SmithNovember 25, 2025
Marc Benioff
Success29-year-old founder spammed Salesforce CEO Marc Benioff 53 times—it worked and now he spends 30 minutes a week ‘hustling’ and shooting cold emails
By Jessica CoacciNovember 25, 2025
Jensen Huang
AI‘Are you insane?’: Billionaire CEO Jensen Huang blasts Nvidia managers who are ‘telling their people to use less AI’
By Dave SmithNovember 25, 2025
Jerry Garcia
C-SuiteWhat every CEO should learn from Jerry Garcia 
By Brian HalliganNovember 25, 2025
Trump
AITrump orders ‘Genesis Mission’ for AI companies to work on scientific breakthroughs with universities, national labs
By Thomas Beaumont and The Associated PressNovember 25, 2025
Defense
CommentaryThe new battlefield: where capital, regulation and technology collide
By Alexandrine Armstrong-Cerfontaine, Andrew Henderson and Pavel ShaitanoffNovember 25, 2025
Richard Hickman
CommentaryPrivate equity’s expanding exit playbook: why a slowdown in IPOs shouldn’t worry you
By Richard HickmanNovember 25, 2025
Man smiles in front of camera
CryptoStablecoin issuer Paxos to acquire wallet startup Fordefi for more than $100 million
By Carlos Garcia and Ben WeissNovember 25, 2025
Brian Halligan, chief executive officer and co-founder of Hubspot Inc., speaks during the Silicon Slopes Tech Summit in Salt Lake City, Utah, U.S., on Friday, Jan. 31, 2020.
SuccessThe Deadhead who became a $38 billion CEO: What HubSpot cofounder Brian Halligan learned from Jerry Garcia and passed on to his MIT students
By Eva RoytburgNovember 25, 2025
The next competitive edge in business? A new skill partnership between humans, agents, and robots
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By Anu Madgavkar and Lareina YeeNovember 25, 2025
Amazon, Werner Vogels attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in Paris, France.
InnovationAmazon CTO’s 2026 tech predictions include the dawn of the ‘renaissance developer’: ‘You need polymaths like Da Vinci’
By Diane BradyNovember 25, 2025
Deloitte name atop its regional headquarters in Washington, D.C.
AIDeloitte allegedly cited AI-generated research in a million-dollar report for a Canadian provincial government
By Nino PaoliNovember 25, 2025
Global e-commerce startup funding hits 2020s low, while 2025 U.S. holiday spending could break records
NewslettersGlobal e-commerce startup funding hits 2020s low, while 2025 U.S. holiday spending could break records
By Allie GarfinkleNovember 25, 2025
Amazon’s layoffs and leaked AI plans beg the question: Is the era of robot-driven unemployment upon us?
MagazineAmazon’s layoffs and leaked AI plans beg the question: Is the era of robot-driven unemployment upon us?
By Jason Del ReyNovember 25, 2025
Michael Kratsios, director of the White House Office of Science and Technology Policy, in Washington, D.C. on September 10, 2025. (Photo: Tom Williams/CQ-Roll Call/Getty Images)
NewslettersWhat to know about Trump’s ‘Genesis Mission’ AI initiative
By Andrew NuscaNovember 25, 2025
A new X update is pulling back the curtain on MAGA influencers, revealing many are operating from abroad
PoliticsA new X update is pulling back the curtain on MAGA influencers, revealing many are operating from abroad
By Marco Quiroz-GutierrezNovember 25, 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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