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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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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

Southeast Asia is “closer to home and encompasses many emerging economies with young populations.” 

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
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
By Sebastian HerreraJune 8, 2026
Two men sitting on chairs on a stage
Your career needs a ‘gym membership’ to keep up with continuous AI advancements, says Campus founder Tade Oyerinde
By Amanda GerutJune 8, 2026
ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic
ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic
By Bloomberg, Shirin Ghaffary and Bailey LipschultzJune 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
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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
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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
Best private student loans for grad school in June 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
Anthropic’s Boris Cherny, creator of Claude Code, says there are days he manages tens of thousands of AI agents at once

As Claude Code increasingly writes, tests, reviews, and proposes improvements to itself, Cherny says developers are becoming managers of vast fleets of AI agents.

By Sharon GoldmanJune 8, 2026
Apple debuts Siri AI at WWDC as Tim Cook prepares to hand over the reins

At WWDC 2026, Apple unveiled a rebuilt Siri, new AI photography tools, and a stand-alone assistant app in its most ambitious AI push to date.

By Beatrice NolanJune 8, 2026
Kaged Pre-Workout Review (2026): Athlete Approved

Workout and nutrition experts weigh in for our Kaged pre-workout review

By Christina SnyderJune 8, 2026
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Latest Stories
Liquid IV Review (2026): Our Personal Experience
HealthLiquid IV Review (2026): Our Personal Experience
By Christina SnyderJune 8, 2026
Biotics 8 Review (2026): Expert Tested
HealthBiotics 8 Review (2026): Expert Tested
By Emily PharesJune 8, 2026
Jacked Factory Authentic Whey Protein Review (2026)
HealthJacked Factory Authentic Whey Protein Review (2026)
By Emily PharesJune 8, 2026
Can AI level the playing field for early-stage female founders? Their optimism about fundraising is increasing
NewslettersCan AI level the playing field for early-stage female founders? Their optimism about fundraising is increasing
By Emma HinchliffeJune 8, 2026
gfhsg
AI‘We may be flying blind’: AWS wants to fix the problem of AI agents straying off task
By Nick LichtenbergJune 8, 2026
A trader works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Friday, June 5, 2026.
InvestingThe AI trade’s worst day in a year became a buying opportunity by Monday
By Eva RoytburgJune 8, 2026
How retail investors can participate in the SpaceX IPO
InvestingHow retail investors can participate in the SpaceX IPO
By Jason MaJune 8, 2026
Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices
SuccessJeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices
By Sydney LakeJune 8, 2026
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dressel
CommentaryAI can’t remember what your company learned the hard way 
By Jason DresselApril 1, 2026
Late Apple cofounder Steve Jobs
SuccessSteve Jobs sold his Volkswagen to raise $1,300 for Apple’s first computer. He became a millionaire just two years later at 23
By Emma BurleighApril 1, 2026
An Athens listing has created the world’s second largest gaming company. Finally, Europe has a No. 2 global player 
EuropeAn Athens listing has created the world’s second largest gaming company. Finally, Europe has a No. 2 global player 
By Kamal AhmedApril 1, 2026
Steve Jobs behind a Nemo sign
SuccessSteve Jobs didn’t actually become a billionaire thanks to leading Apple—but rather from his work with a film company he bought off George Lucas
By Preston ForeApril 1, 2026
Over the shoulder view of young woman managing finance and investment, analyzing stock market data on laptop at desk. Stock exchange, banking, finance, investment, financial trading concept. Smart banking with technology
NewslettersMore people are using AI to manage their money— but they won’t let it make decisions alone
By Sheryl EstradaApril 1, 2026
pelosi
CommentaryCongress has a lower approval rating than Hitler in some polls. And we just keep voting for the same 2 parties
By Stu StrumwasserApril 1, 2026
Photo: Donald and Melania Trump.
PoliticsTrump has no good options in Iran—here are 5 of them ahead of his speech to the nation tonight
By Jim EdwardsApril 1, 2026
HR leaders are drowning in decisions: Here’s how the best ones are getting ahead
EuropeHR leaders are drowning in decisions: Here’s how the best ones are getting ahead
By Francesca CassidyApril 1, 2026
AI success is a leadership test—and the 100 Best Companies lead the way
SuccessAI success is a leadership test—and the 100 Best Companies lead the way
By Michael Bush and Great Place To WorkApril 1, 2026
As AI reshapes the office, the Fortune Best Companies to Work For are doubling down on the most human perks
MagazineAs AI reshapes the office, the Fortune Best Companies to Work For are doubling down on the most human perks
By Orianna Rosa RoyleApril 1, 2026
gen z
CommentaryGen Z is engineering an analog future — and it’s at least a $5 billion opportunity
By Luba KassovaApril 1, 2026
The Iran war is accelerating plans for Southeast Asia to go nuclear. Experts say it won’t be easy
EnergyThe Iran war is accelerating plans for Southeast Asia to go nuclear. Experts say it won’t be easy
By Angelica AngApril 1, 2026
The more women earn, the more housework they do: Inside the paradox a Wharton economist calls ‘an existential problem for men’
SuccessThe more women earn, the more housework they do: Inside the paradox a Wharton economist calls ‘an existential problem for men’
By Catherina GioinoApril 1, 2026
sheryl
HealthSheryl Sandberg tapped a 25-year-old to run Lean In. Here’s her plan to close the AI gender gap
By Jacqueline MunisApril 1, 2026
MUSCAT, OMAN - MARCH 22: The Albina Bulk carrier sits anchored on March 22, 2026 at Sultan Qaboos Port in Muscat, Oman.President Donald Trump had threatened to attack Iran's energy infrastructure if it did not end its de facto blockade of the Strait of Hormuz by just before midnight GMT of March 23. A subsequent statement from President Trump said the U.S. and Iran had held "very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East," and that he would postpone any attacks on Iranian energy infrastructure for five days. Maritime traffic through the strait, which conveys about 20% of the world's oil and gas, has mostly come to a halt after the joint U.S.-Israeli war with Iran that began on February 28.
EnergyTrump has a labyrinth of bad options in the Strait of Hormuz. Here’s why some warn that walking away could transcend ‘our defeat in Vietnam’
By Jordan BlumMarch 31, 2026
Wall Street just had its best day in nearly a year over a rumor
EconomyWall Street just had its best day in nearly a year over a rumor
By Eva RoytburgMarch 31, 2026
Bobby Witt Jr. throws a baseball. He is standing in front of a FanDuel sign on a baseball field.
BankingCredit card delinquencies among millennials and Gen Z have soared because of sports betting—even in states where it’s illegal, new Fed study finds
By Sasha RogelbergMarch 31, 2026
hegseth
Energy‘Go get your own oil’: Trump’s message to allies who haven’t backed war in Iran
By Jon Gambrell, Mike Corder, Darlene Superville and The Associated PressMarch 31, 2026
walmart shoppers
EconomyA Wall Street vet’s Walmart recession indicator just hit its highest point since 2008—and he says the fear ‘just keeps multiplying’
By Jake AngeloMarch 31, 2026
brian
CommentaryThe real engine of innovation is trust
By Brian DoublesMarch 31, 2026
artemis
PoliticsNASA is finally going back to the moon, with Artemis II. What took so long?
By Emily A. Margolis and The ConversationMarch 31, 2026
houthi
EnergyThe Strait of Hormuz crisis is drawing eyes to another point nearby: ‘the Gate of Tears’
By Flavio Macau and The ConversationMarch 31, 2026
A man points to a white board during a meeting
Workplace CultureLiking corporate BS may be a sign you’re bad at decision-making, Cornell expert finds
By Jacqueline MunisMarch 31, 2026
Mother and daughter using laptop at swimming pool area
SuccessMore parents are done pushing college. 1 in 3 are now betting on trade school instead
By Sydney LakeMarch 31, 2026
Nutricost Probiotic Complex Review (2026): Expert Approved
HealthNutricost Probiotic Complex Review (2026): Expert Approved
By Christina SnyderMarch 31, 2026
man plays bass on stage
CryptoFresh off victory over cops in ‘Lemon Pound Cake’ trial, Afroman heads to address Bitcoin’s biggest gathering
By Carlos GarciaMarch 31, 2026
Hiring just hit a level not seen since the economy was ‘closed down literally’ during COVID, top economist says
EconomyHiring just hit a level not seen since the economy was ‘closed down literally’ during COVID, top economist says
By Eva RoytburgMarch 31, 2026
The green head of what appears to be an alien pokes out from behind a rock set against a rural landscape with a power pylon in the background.
NewslettersAI’s ability to see ‘mirages’ shows how alien machine brains really are
By Jeremy KahnMarch 31, 2026
Anthropic mistakenly leaks its own AI coding tool’s source code, just days after accidentally revealing an upcoming model known as Mythos
AIAnthropic mistakenly leaks its own AI coding tool’s source code, just days after accidentally revealing an upcoming model known as Mythos
By Beatrice NolanMarch 31, 2026
The beauty counter is now on your For You page as Ulta Beauty joins TikTok Shop, betting on the platform reshaping how America consumes
RetailThe beauty counter is now on your For You page as Ulta Beauty joins TikTok Shop, betting on the platform reshaping how America consumes
By Catherina GioinoMarch 31, 2026
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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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