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'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

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Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

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'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

2

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
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‘We expect it to leak so we’re just announcing it’: OpenAI files confidential SEC paperwork for IPO

“We expect it to leak so we’re just announcing it,” the company said in a statement.

By The Associated PressJune 9, 2026
Gen Z hiring manager says CEOs are right about her generation’s ‘attitude’ problem after a candidate took the interview from her phone
Gen Z hiring manager says CEOs are right about her generation’s ‘attitude’ problem after a candidate took the interview from her phone
By Orianna Rosa RoyleJune 9, 2026
How Michael Saylor’s preferred stock gamble could trigger a death spiral for Strategy
How Michael Saylor’s preferred stock gamble could trigger a death spiral for Strategy
By Shawn TullyJune 9, 2026
Chinese beauty brands flock to Southeast Asia as their first step in going global
Chinese beauty brands flock to Southeast Asia as their first step in going global
By Angelica AngJune 9, 2026
Brian Schimpf gestures with both hands as he speaks on stage.
Anduril CEO Brian Schimpf says economic warfare is the ‘new normal’ for military conflicts—and the U.S. needs to get serious
By Lily Mae LazarusJune 8, 2026
Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military
Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
News
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As America nears its 250th, roughly half thinks the American Dream isn’t true anymore
As America nears its 250th, roughly half thinks the American Dream isn’t true anymore

Americans feel it’s harder to get ahead, and more than half of them under 30 believe democracy isn’t essential to the country’s identity.

By The Associated Press, Gary Fields, Linley Sanders and Nicholas RiccardiJune 8, 2026
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

“Don’t read too much into it,” one international trade expert said. “See, this isn’t serious.”

By Sasha RogelbergJune 8, 2026
SoFi Stadium workers vote to authorize a strike as Los Angeles prepares to host World Cup games

Stadium workers near Los Angeles have voted to authorize a strike as the venue prepares to host the U.S. men’s soccer team’s opening World Cup match. It doesn’t guarantee that the 2,000 bartenders, servers, cooks and dishwashers at SoFi Stadium in Inglewood, California, will walk off the job. But it gives them the option to […]

By The Associated Press and Amy TaxinJune 8, 2026
Pope Leo receives seven-minute standing ovation after calling for the public’s ‘moral renewal’ to respect migrants

This is the first papal visit to Spain since Pope Benedict visited in 2011, and drew an estimated 1.5 million people for mass on Sunday.

By The Associated Press, Suman Naishadham and Nicole WinfieldJune 8, 2026
More in News
North America
More in North America
Child struggling with schoolwork
70% of fourth-graders aren’t reading proficiently, report finds—one of several areas where education is failing America’s kids

A new report on childhood well-being finds the U.S. education system is still reeling from COVID—but the learning crisis started long before the pandemic hit.

By Tristan BoveJune 8, 2026
Gen Z might be the flakiest generation when it comes to career and life decisions. They might also be the most intentional

Young people are playing a careful and cautious game in today’s economy.

By Tristan BoveJune 8, 2026
Inside Trump’s Oval Office deal machine

From tariffs and rate cuts to Intel and Iran, Fortune reports from the room where America’s economic agenda is being hashed out.

By Alyson ShontellJune 8, 2026
Walmart CEO John Furner says even wealthy shoppers are now shopping at the discount grocery chain as high prices stretch six-figure earners

Walmart CEO John Furner says wealthy customers are shopping at the budget grocery chain as high prices stretch family finances to a breaking point.

By Emma BurleighJune 8, 2026
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Europe
More in Europe
Spotify’s secret to winning the hiring war? Keep your talent moving and growing
Spotify’s secret to winning the hiring war? Keep your talent moving and growing

External hiring is no longer a reliable way to build capability. Spotify’s answer: create an internal talent marketplace that keeps top performers moving—and staying.

By Francesca CassidyJune 8, 2026
The women running Europe in 2026 

Twenty of the leaders celebrated in Fortune’s Most Powerful Women list are from Europe. Their roles reveal where power is concentrated across the continent and what it takes to reach the top of European business.

By Sam BirchallJune 8, 2026
In this AI-driven world, Todd Boehly has spotted the best test for leadership. Someone who is willing to say “I don’t know”

When considering investments and whom to work with, Boehly says two things matter— the ability to say “no” and “I don’t know”.  

By Kamal AhmedJune 8, 2026
Tech leaders are moving beyond AI hype: Here’s what’s actually working

Senior technology leaders from Mars, Orange, Reckitt, and Saint-Gobain discuss how to turn AI ambition into enterprise transformation.

By Francesca CassidyJune 8, 2026
More in Europe
Asia
More in Asia
AXA launches a new insurance and wealth platform for HNWIs as Hong Kong wealth surges past Switzerland
AXA launches a new insurance and wealth platform for HNWIs as Hong Kong wealth surges past Switzerland

Hong Kong insurance policies have become a popular investment option for wealthy mainland Chinese.

By Nicholas GordonJune 8, 2026
Nvidia’s CEO says new Vera chip will use SK Hynix’s memory chips

“We had a very big year this year with SK Hynix, and we are preparing for a very, very large second half of the year and next year.”

By Yoolim Lee and BloombergJune 7, 2026
‘The next China is still China’: McKinsey’s Joe Ngai and Nick Leung on why global business can’t write off the Chinese economy

“You can’t find another China. There’s no other China out there now,” Greater China chair Joe Ngai says.

By Nicholas GordonJune 4, 2026
Asia turns to U.S. oil and gas amid Iran war: ‘We get too much into that tree-hugging mode’

Singapore looks to U.S. supplies as it builds out its natural gas importing infrastructure.

By Jordan BlumJune 4, 2026
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Middle East
More in Middle East
The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic
The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic

Iran’s grip on the Strait of Hormuz is adding $100 billion to airlines’ collective fuel bill this year.

By Marco Quiroz-GutierrezJune 8, 2026
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 8, 2026
Iran fires missiles at Israel in first such bombardment since ceasefire as Trump says ‘I’m not happy about’ Israeli strikes on Lebanon

Tehran had warned of retaliation after Israel struck Beirut’s southern suburbs without warning earlier Sunday in defiance of Washington’s request days ago to stand down.

By Kareem Chehayeb, Samy Magdy, Melanie Lidman and The Associated PressJune 7, 2026
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’

“The attack drones posed an immediate threat to regional maritime traffic,” U.S. Central Command said.

By Jason MaJune 6, 2026
More in Middle East
Global
More in Global
Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming
Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming

Dan Clancy, CEO of the Amazon-owned company, spoke at Fortune Brainstorm Tech in Aspen on Monday.

By Sebastian HerreraJune 8, 2026
Your career needs a ‘gym membership’ to keep up with continuous AI advancements, says Campus founder Tade Oyerinde

“I’m sorry if you’re exhausted,” said Campus founder and chancellor Tade Oyerinde.

By Amanda GerutJune 8, 2026
ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic

The AI tech leader told investors it was planning to spend about $600 billion on AI infrastructure by 2030.

By Bloomberg, Shirin Ghaffary and Bailey LipschultzJune 8, 2026
Best private student loans for grad school in June 2026

You’ve conquered your undergraduate degree—but you’re not quite done yet. Which lender best suits your grad school goals?

By Joseph HostetlerJune 8, 2026
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Personal FinanceMortgage rates today, June 9, 2026
By Glen Luke FlanaganJune 9, 2026
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Anthropic’s Boris Cherny, creator of Claude Code, says there are days he manages tens of thousands of AI agents at once
AIAnthropic’s Boris Cherny, creator of Claude Code, says there are days he manages tens of thousands of AI agents at once
By Sharon GoldmanJune 8, 2026
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AIApple debuts Siri AI at WWDC as Tim Cook prepares to hand over the reins
By Beatrice NolanJune 8, 2026
Kaged Pre-Workout Review (2026): Athlete Approved
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PoliticsTravel guru Rick Steves is happy to pay more taxes
By Catherina GioinoApril 3, 2026
Artemis II’s moonbound astronauts capture Earth’s brilliant blue beauty as they travel more than 110,000 miles from home
InnovationArtemis II’s moonbound astronauts capture Earth’s brilliant blue beauty as they travel more than 110,000 miles from home
By Marcia Dunn and The Associated PressApril 3, 2026
Checking a bag on United Airlines now costs $10 more as Iran war sends jet fuel costs up nearly 100% in major hubs
Travel & LeisureChecking a bag on United Airlines now costs $10 more as Iran war sends jet fuel costs up nearly 100% in major hubs
By Rio Yamat and The Associated PressApril 3, 2026
At least one crew member still missing after Iran shoots down 2 U.S. aircraft while Trump says ‘it’s war’
PoliticsAt least one crew member still missing after Iran shoots down 2 U.S. aircraft while Trump says ‘it’s war’
By Sam Mednick, Konstantin Toropin, Seung Min Kim and The Associated PressApril 3, 2026
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CybersecurityInternet Watch Foundation finds 260-fold increase in AI-generated CSAM in just one year, and ‘it’s the tip of the iceberg’
By Catherina GioinoApril 3, 2026
6 Best Vitamins to Boost Energy (2026): Top Recommendations From Experts
Health6 Best Vitamins to Boost Energy (2026): Top Recommendations From Experts
By Emily PharesApril 3, 2026
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HealthWhat Is NMN: Everything You Need to Know From Experts
By Katie MooreApril 3, 2026
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HealthHers Hair Growth Review 2026: Pros, Cons, and More From Hands-On Testing
By Emily PharesApril 3, 2026
The Benefits of Red Light Therapy: Expert-Approved Advice
HealthThe Benefits of Red Light Therapy: Expert-Approved Advice
By Katie MooreApril 3, 2026
trump
PoliticsTrump just raised the $39 trillion national debt with the largest budget hike since World War II—and nobody can figure out how to pay for it
By Nick LichtenbergApril 3, 2026
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AIMIT created duplicate AI workers to tackle thousands of different tasks. The verdict? Most of the time AI is still just ‘minimally sufficient’
By Tristan BoveApril 3, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week, March 28–April 3, 2026
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week, March 28–April 3, 2026
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EconomyJamie Dimon says the U.S. was right to go to war with Iran: ‘Why the Western world put up with all these proxy wars for 45 years is kind of beyond me’
By Tristan BoveApril 3, 2026
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AIThe AI kill switch just got harder to find: LLM-powered chatbots will defy orders and deceive users if asked to delete another model, study finds
By Sasha RogelbergApril 3, 2026
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PoliticsBernie Sanders calls out Bezos, Musk, Bloomberg, and Buffett in billionaire tax push: ‘The richest people in America have never ever had it so good’
By Catherina GioinoApril 3, 2026
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EconomyThe jobs report looks good ‘for the wrong reasons,’ top economist warns: It’s hiding how many Americans are giving up
By Eva RoytburgApril 3, 2026
Energy markets are having a Wile E. Coyote moment as oil supplies go off a cliff, expert says
EnergyEnergy markets are having a Wile E. Coyote moment as oil supplies go off a cliff, expert says
By Jason MaApril 3, 2026
Microsoft is spending billions on AI—but even NASA astronauts can’t escape Outlook headaches
LawMicrosoft is spending billions on AI—but even NASA astronauts can’t escape Outlook headaches
By Marco Quiroz-GutierrezApril 3, 2026
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SuccessStarbucks is offering $1,200 bonuses, expanded tipping, and weekly payouts to boost the pay of its U.S. baristas
By Emma BurleighApril 3, 2026
Red Lobster is reportedly bringing back Endless Shrimp 2 years after the CEO vowed it would never return
RetailRed Lobster is reportedly bringing back Endless Shrimp 2 years after the CEO vowed it would never return
By Sydney LakeApril 3, 2026
donald trump
PoliticsA $10 billion ‘slush fund’ to pay TSA agents: Trump’s latest unilateral loophole, explained
By Jake AngeloApril 3, 2026
newt
EnvironmentNewt Gingrich wants to drop a nuke on the Strait of Hormuz. America actually looked at the same thing in 1977 in Latin America
By The Conversation and Christine KeinerApril 3, 2026
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I helped build Uber and Discord and now my tools help fuel billion-dollar unicorns. But Silicon Valley is losing the AI race to itself
CommentaryI helped build Uber and Discord and now my tools help fuel billion-dollar unicorns. But Silicon Valley is losing the AI race to itself
By Sumeet VaidyaApril 3, 2026
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By Teuila Hanson and Mohak ShroffApril 3, 2026
Top CD rates from major banks April 3, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
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'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPOplaceholder alt text
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Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduatesplaceholder alt text
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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazonplaceholder alt text
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