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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

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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
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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

At Fortune Brainstorm Tech, executives said that finding value from AI starts with strategy and continues with process reinvention.

By Jeremy KahnJune 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
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
By Jack Kubinec and Ben WeissJune 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
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
By Sebastian HerreraJune 11, 2026
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Big Tech
More in Big Tech
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
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
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
Gates testifies on Epstein: previous Fortune investigation reveals payments to his ex-girlfriend, $1M Microsoft deal

Bill Gates said Wednesday that he made a “grave error in judgment” by meeting with Jeffrey Epstein.

By Eva Roytburg, Joey Cappelletti, Hannah Schoenbaum and The Associated PressJune 10, 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
More in Big Tech
Startups & Venture
More in Startups & Venture
As SpaceX goes public, a $100 billion shadow market faces a reckoning
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
‘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
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
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
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
A man in a suit jacket gestures with his hands.
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
Meet the Fortune Crypto Innovators

These 30 companies and projects are pushing the digital assets ecosystem forward.

By FortuneJune 11, 2026
The space economy’s next frontier is in ground infrastructure, Northwood Space CEO says

At Fortune Brainstorm Tech conference, Bridgit Mendler emphasized how massive leaps in launch capacity and spacecraft manufacturing are supercharging the space economy.

By Sebastian HerreraJune 10, 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
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
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
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City.
InvestingBank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%
By Eva RoytburgJune 11, 2026
Full Coverage Car Insurance: What It Covers, What It Costs, and Who Needs It
Personal FinanceFull Coverage Car Insurance: What It Covers, What It Costs, and Who Needs It
By Joseph HostetlerJune 11, 2026
Testosil Review (2026): Testosterone Supplement Reviewed
HealthTestosil Review (2026): Testosterone Supplement Reviewed
By Christina SnyderJune 11, 2026
BrickHouse Nutrition Field of Greens Review (2026)
HealthBrickHouse Nutrition Field of Greens Review (2026)
By Emily PharesJune 11, 2026
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
SuccessAmerican taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
By Catherina GioinoJune 11, 2026
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
EconomyInflation is roaring back globally, 2022 style. The Iran war is only half the problem
By Eva RoytburgJune 11, 2026
Bridgit Mendler, co-founder and CEO of Northwood, at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
NewslettersHow Hollywood trained Bridgit Mendler for life as a space founder
By Emma HinchliffeJune 11, 2026
More TechPage 98 of 100
Nvidia CEO Jensen Huang at the U.S.-Saudi Investment Forum in Washington, DC.
AINvidia CEO Jensen Huang earnings call namechecked Saudi AI company Humain three times. Here’s why
By Jeremy KahnNovember 19, 2025
  • Billionaire tech founder Joe Liemandt says getting an MBA isn’t worth it and you don’t learn a ‘fraction’ of what you would as an entrepreneur
    SuccessBillionaire tech founder Joe Liemandt says getting an MBA isn’t worth it and you don’t learn a ‘fraction’ of what you would as an entrepreneur
    By Sydney LakeNovember 18, 2025
AI’s power and water consumption is worrying the agriculture sector: ‘Don’t forget that it is also required for us to grow food’
EnvironmentAI’s power and water consumption is worrying the agriculture sector: ‘Don’t forget that it is also required for us to grow food’
By Angelica AngNovember 19, 2025
Nvidia CEO Jensen Huang
AINvidia says it has ‘visibility to a half a trillion dollars’ in revenue through 2026. That would make it one of America’s biggest companies
By Matthew HeimerNovember 19, 2025
Nvidia CEO Jensen Huang.
AIJensen Huang pours cold water on an AI bubble, and says ‘Nvidia is unlike any other accelerator’ in the boom
By Amanda GerutNovember 19, 2025
Nvidia founder and CEO Jensen Huang reacts during a meeting with South Korean President Lee Jae Myung on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju on October 31, 2025 in Gyeongju, South Korea.
Big TechNvidia blows past revenue targets and forecasts trillions in AI infrastructure spending by end of decade
By Sharon GoldmanNovember 19, 2025
Swoly as best creatine gummies
HealthThe Best Creatine Gummies: Expert Approved
By Christina SnyderNovember 19, 2025
  • NYSE broker
    InvestingScott Galloway fears a market crash or social crisis in the next year. A top finance professor recommends putting money into baseball cards
    By Nick LichtenbergNovember 18, 2025
Jensen Huang
Investing‘Saying this is the most important stock in the world is an understatement’: Market holds its breath as Nvidia offers AI progress report
By Michael Liedtke and The Associated PressNovember 19, 2025
Google’s Sundar Pichai says the job of CEO is one of the ‘easier things’ AI could soon replace
AIGoogle’s Sundar Pichai says the job of CEO is one of the ‘easier things’ AI could soon replace
By Marco Quiroz-GutierrezNovember 19, 2025
Why big pharma is teaming up with AI giants to speed up drug discovery and make work easier for health care workers
NewslettersWhy big pharma is teaming up with AI giants to speed up drug discovery and make work easier for health care workers
By John KellNovember 19, 2025
Alex Bouaziz, Deel's CEO
SuccessDeel’s CEO was told to sack his entire leadership team—he ignored other founders, kept the original $0 crew and is now running a $17 billion giant
By Orianna Rosa RoyleNovember 19, 2025
Tsinghua University sit outside in graduation regalia, smiling and waving
SuccessMove over Harvard and MIT—this university might be winning the AI race, and you’ve probably never heard of it
By Preston ForeNovember 19, 2025
  • NYSE
    InvestingFor the first time in 20 years, AI bubble fears have fund managers saying companies are overdoing it
    By Nick LichtenbergNovember 18, 2025
Sundar Pichai holds his hands together and smiles
AIGemini 3 and Antigravity, explained: Why Google’s latest AI releases are a big deal
By Dave SmithNovember 19, 2025
Traders work as the market opens on the floor of the New York Stock Exchange (NYSE) on November 18, 2025 in New York City.
Big TechAll eyes on Wall Street turn to Nvidia with AI superstar finally due to report earnings
By Yuri Kageyama, Matt Ott and The Associated PressNovember 19, 2025
Kenneth Schlenker is the founder and CEO of Opal
Future of WorkI helped build the architecture of addiction for social media and I see warning labels coming. That’s just a start
By Kenneth SchlenkerNovember 19, 2025
phone
CommentaryThe emerging threat lurking within the holiday shopping rush: ghost tapping
By Paolo Dal Cin and Ryan WhelanNovember 19, 2025
Frank Nagle
CommentaryOur research shows it’s a profound strategic error to cut entry-level jobs—those workers are likely to get the best results from AI
By Frank NagleNovember 19, 2025
Exclusive: Doppel raises $70 million Series C at more than $600 million valuation to fight AI-powered social engineering attacks
NewslettersExclusive: Doppel raises $70 million Series C at more than $600 million valuation to fight AI-powered social engineering attacks
By Allie GarfinkleNovember 19, 2025
Photo: Representative Jake Ellzey, a Republican from Texas, James Danly, US deputy secretary of energy, Greg Abbott, governor of Texas, Sundar Pichai, chief executive officer of Alphabet Inc., and Amanda Peterson Corio, global head of data center energy at Google, left to right, during a media event at the Google Midlothian Data Center in Midlothian, Texas, US, on Friday, Nov. 14, 2025. Alphabet Inc.'s Google plans to invest $40 billion in three new Texas data centers, ramping up its footprint as competitors such as OpenAI and Anthropic PBC map out their own multibillion-dollar bets in the state. Photographer: Jonathan Johnson/Bloomberg via Getty Images
InvestingBig 5 AI ‘hyperscalers’ have quadrupled their use of debt to fund operations, Bank of America says
By Jim EdwardsNovember 19, 2025
Google CEO Sundar Pichai on July 9, 2025 in Sun Valley, Idaho. (Photo: Kevin Dietsch/Getty Images)
NewslettersGoogle launches Gemini 3, its ‘most intelligent’ AI model
By Andrew NuscaNovember 19, 2025
The stock market is barrelling toward a ‘show me the money’ moment for AI—and a possible global crash
MagazineThe stock market is barrelling toward a ‘show me the money’ moment for AI—and a possible global crash
By Jim EdwardsNovember 19, 2025
Photo: Theau Peronnin
AIQuantum computers could be powerful enough to crack Bitcoin a few years after 2030, CEO of Nvidia’s quantum partner says 
By Jim EdwardsNovember 19, 2025
A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition
RetailA tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition
By Phil WahbaNovember 19, 2025
OpenAI CEO of Applications Fidji Simo is heading the company's mental health initiative.
AIOpenAI’s Fidji Simo says Meta’s team didn’t anticipate risks of AI products well—her first task under Sam Altman was to address mental health concerns
By Nino PaoliNovember 18, 2025
Mark Zuckerberg
LawMeta prevails in historic FTC antitrust case, won’t have to break up WhatsApp, Instagram
By Barbara Ortutay and The Associated PressNovember 18, 2025
Arjun Sethi on stage in Singapore.
CryptoExclusive: Crypto exchange Kraken raises $200 million from Ken Griffin’s Citadel Securities to notch $20 billion valuation
By Ben WeissNovember 18, 2025
iPhone Air models on display in an Apple Store
Big TechThe iPhone Air can’t catch a break: The key designer behind the struggling ultrathin phone just left Apple for an AI startup
By Dave SmithNovember 18, 2025
AI politics breaks into a New York congressional race — and signals more fights to come
AIAI politics breaks into a New York congressional race — and signals more fights to come
By Sharon GoldmanNovember 18, 2025
Adam Mosseri
SuccessInstagram boss says new AI engineers have 2 qualities driving their success, and you don’t need an Ivy League degree: ‘A lot of them are in their 20s’
By Jessica CoacciNovember 18, 2025
Cityblock Health’s unicorn founder explains why health care is broken—and how to fix it
NewslettersCityblock Health’s unicorn founder explains why health care is broken—and how to fix it
By Emma HinchliffeNovember 18, 2025
Google releases its heavily hyped Gemini 3 AI in a sweeping rollout—even Search gets it on day one
AIGoogle releases its heavily hyped Gemini 3 AI in a sweeping rollout—even Search gets it on day one
By Sharon GoldmanNovember 18, 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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