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U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

2

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

1

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

2

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

Tech

Tech

Startups & Venture

A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says

A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says

“I think those names are going to bounce later this year. So I don’t think that the trade is over.”

By Jason MaJuly 18, 2026

A Chinese Pink Floyd fan is giving Claude and Chat their own DeepSeek moment — an AI model just as good and half the price

By Matt O'Brien and The Associated PressJuly 18, 2026

ives

‘I’m an example of what I’ve preached’: Dan Ives knows AI has a ‘PR problem’ but it led to his massive career change after 25 years on Wall Street

By Nick LichtenbergJuly 18, 2026

SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’

SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’

By Shawn TullyJuly 18, 2026

Peter Thiel just gave the public its closest look yet at his ‘Antichrist’ theory—and it’s a tech and climate regulator

By Nick LichtenbergJuly 18, 2026

Svenja Gudell, Chief Economist, Indeed

Indeed chief economist: Aging Baby Boomers are America’s real labor problem, not AI

By Svenja GudellJuly 18, 2026

More in Big Tech

Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders

Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders

The Nvidia CEO’s Tom Ford jacket, photomatched to a 2023 Taipei appearance, carried a $40,000-$60,000 estimate.

By Sydney LakeJuly 17, 2026

Netflix stock hits a 52-week low after earnings—but analysts say investors are missing the bigger picture

There may be a growth story brewing at Netflix that the market is missing.

By Sheryl EstradaJuly 17, 2026

Netflix used AI to produce 17 minutes of a documentary ‘twice as fast and at half the cost’—as streaming competition drives up content spending to $20 billion

The streaming company touted the efficiencies of AI in its Q2 earnings, while stressing that movies will still be ‘made by people who make movies.’

By Amanda GerutJuly 16, 2026

Tech stocks lead steep global sell-off as investors lose faith in AI chip trade

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

By Jim EdwardsJuly 17, 2026

More in Big Tech

Startups & Venture

More in Startups & Venture

Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album

Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album

K3 might undermine the conventional wisdom that U.S. firms can maintain their extended lead by simply outspending Chinese competitors on computing power.

By Nicholas GordonJuly 17, 2026

The VC betting $5.4 billion that Suno is the future of music

Menlo’s Amy Wu Martin says the AI music startup’s real business isn’t hit songs—it’s a new habit of making music just for yourself.

By Lily Mae LazarusJuly 17, 2026

Big Tech’s top executives warn enterprises are giving away too much to AI labs

Microsoft’s Satya Nadella and Palantir’s Alex Karp are both warning enterprises that AI labs are quietly mining the data that makes them valuable.

By Beatrice NolanJuly 16, 2026

Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory

“K3 stands as Moonshot AI’s most powerful open-source coding model to date,” Moonshot AI wrote in a press release.

By Nicholas GordonJuly 16, 2026

More in Startups & Venture

Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive

Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive

Lower costs and open-source availability are prompting some companies to experiment with Chinese AI models, even as security concerns remain.

By Tatiana SatauaJuly 17, 2026

OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off

Forget cost per token. Sarah Friar argues CFOs should judge AI by the work it actually completes.

By Sheryl EstradaJuly 17, 2026

Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’

“The development of artificial intelligence should not be a solo performance by any single country,” the Chinese president said at an event in in Shanghai.

By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026

The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz

The coverage ratio for hyperscaler bond issuance tumbled from 5x in February 2026 to below 2x in July.

By Jason MaJuly 17, 2026

More in Innovation

merck

The cholesterol shot you couldn’t afford is now a pill

The FDA has cleared Merck’s Lipfendra for patients whose artery‑clogging cholesterol remains high despite statins.

By Matthew Perrone and The Associated PressJuly 16, 2026

Runaway Tesla that crashed into a grandmother’s living room was actually being steered by a human, investigators find

Federal investigators say a Model 3 in Katy, Texas was on Full Self-Driving (Supervised) when the driver slammed the accelerator to 100%.

By Bernard Condon and The Associated PressJuly 16, 2026

Meet the AI employee that convinced Sequoia to invest $45 million in Sable

Startup Sable says its AI agent acts like a sales engineer and onboarding specialist, helping companies like Notion and Decagon automate customer conversations.

By Lily Mae LazarusJuly 16, 2026

‘Japan’s excellence is a philosophy, a way of life’: Jensen Huang wants robots to take care of an aging society with a labor shortage

The push pairs Nvidia’s chips with Japan’s manufacturing giants Fanuc, Yaskawa and Kawasaki, backed by a $2.3 trillion national tech plan.

By Yuri Kageyama and The Associated PressJuly 16, 2026

More in Innovation

More in Cybersecurity

Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts

Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts

Fans looking to avoid paying for World Cup broadcasts are fueling a booming black market for stolen streaming accounts worth nearly $220 million, according to new research from HUMAN Security.

By Tatiana SatauaJuly 18, 2026

Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack pushing crypto tokenization

Airbnb CEO Brian Chesky appears to have been the target of a cyberattack, sources tell Fortune.

By Rachel VentrescaJuly 16, 2026

Meta Oversight Board study: AI chatbots may be the most perfect propaganda machine ever invented

The study found bots even answer differently based on language too — ChatGPT calls China “not a democracy” in English, but hedges in Chinese.

By Didi Tang and The Associated PressJuly 16, 2026

‘I want to cry, I want to vomit’: Meet a 43-year-old who lost $90,000 to an online boyfriend she never met

It lasted for over 237 days and 10,449 messages, and she’s not alone: U.S. losses to romance scams hit $1.3 billion last year.

By Juliet Linderman and The Associated PressJuly 16, 2026

More in Cybersecurity

Latest stories from Fortune

Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’

Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’

By Jon Gambrell, Toqa Ezzidin and The Associated PressJuly 18, 2026

Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election

By Bernard Condon and The Associated PressJuly 18, 2026

bank

Citizens Bank drops links with private prison companies, citing ‘changed commercial circumstances’

By Ken Sweet and The Associated PressJuly 18, 2026

tourism

Travel & Leisure

‘They put 100% effort into looking after you’: Wary soccer fans stunned by a look at the real America, not the image they’ve been sold by the media

By Sarah Raza and The Associated PressJuly 18, 2026

dna

‘My mind was just completely blown’: 2 families sue hospital after DNA proves their kids were switched at birth 38 years ago

By Mikella Schuettler, Thomas Peipert, Gene Johnson and The Associated PressJuly 18, 2026

Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history

Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history

By Will Weissert and The Associated PressJuly 18, 2026

Desalination plants, a vital source of Mideast drinking water, come under attack as renewed U.S.-Iran war escalates to target infrastructure

Desalination plants, a vital source of Mideast drinking water, come under attack as renewed U.S.-Iran war escalates to target infrastructure

By Jon Gambrell, Toqa Ezzidin and The Associated PressJuly 18, 2026

time

It’s time to dump time zones

By Steve H. HankeJuly 18, 2026

More TechPage 36 of 100

America’s productivity boom started before AI, and a Stanford economist who decoded the Great Resignation says working from home is the reason why

America’s productivity boom started before AI, and a Stanford economist who decoded the Great Resignation says working from home is the reason why

By Marco Quiroz-GutierrezMay 15, 2026

North America
After nearly a year of delays, Trump Mobile’s CEO says the gold-plated Trump phone will begin shipping to buyers this week
By Marco Quiroz-GutierrezMay 13, 2026

A man stands looking out over his front porch where a sign reads, "No data centers."

Startups are installing tiny data centers in people’s homes to reduce strain on the beleaguered electrical grid

By Sasha RogelbergMay 15, 2026

US hedge fund manager Bill Ackman, CEO of Pershing Square Capital Management, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026.

Bill Ackman has been quietly buying Microsoft since February, when AI fears were dragging the stock

By Eva RoytburgMay 15, 2026

leo

Pope Leo warns of ‘spiral of annihilation’ as AI warfare leads to symphony of destruction

By Nicole Winfield, Paolo Santalucia and The Associated PressMay 15, 2026

Americans would rather live near a nuclear power plant than a data center—by a lot

Americans would rather live near a nuclear power plant than a data center—by a lot

By Catherina GioinoMay 15, 2026

Cisco’s AI orders forecast just hit $9 billion—and the stock surged

Cisco’s AI orders forecast just hit $9 billion—and the stock surged

By Sheryl EstradaMay 15, 2026

AI
‘Maybe me too’: Elon Musk accepts some of the blame for Claude learning to blackmail users from ‘evil’ online AI stories
By Sasha RogelbergMay 13, 2026

chase

San Francisco has $2 trillion in AI wealth and can’t fix its own city. That’s every city’s problem

By Chase GarbarinoMay 15, 2026

Andrew Feldman, co-founder of Cerebras

Cerebras soars almost 70% by market close in a true blockbuster IPO

By Allie GarfinkleMay 15, 2026

larry

Startups & Venture

Meet the California cheese mogul who turned to AI agents to save his iconic $50 million business

By Nick LichtenbergMay 15, 2026

michael

AI is wiping out entry-level jobs. Here’s how colleges can fill the gap

By Michael HansenMay 15, 2026

OpenAI CEO Sam Altman (left) and Apple CEO Tim Cook in Washington, D.C., on Sept. 4, 2025. (Photo: Will Oliver/EPA/Bloomberg/Getty Images)

OpenAI may take legal action against Apple over Siri’s ChatGPT integration

By Andrew NuscaMay 15, 2026

Newsletters
How HubSpot got all engineers to use AI without any mandates
By John KellMay 13, 2026

Wall Street sees ‘nothing of real substance’ in Trump’s China trade deal—and stocks sell off globally

Wall Street sees ‘nothing of real substance’ in Trump’s China trade deal—and stocks sell off globally

By Jim EdwardsMay 15, 2026

Chuck Robbins, chief executive officer of Cisco

‘Critical infrastructure for the AI era’: Cisco’s CEO on the earnings beat that sent shares to a record

By Sheryl EstradaMay 15, 2026

krishna

The U.S. has 1,200 AI bills and no good test for any of them

By Jeffrey Sonnenfeld, Gary Marcus and Stephen HenriquesMay 15, 2026

Claude is telling users to go to sleep mid-session and nobody, including Anthropic, seems to fully understand why it keeps doing it

Claude is telling users to go to sleep mid-session and nobody, including Anthropic, seems to fully understand why it keeps doing it

By Marco Quiroz-GutierrezMay 14, 2026

Peter Thiel, wearing a white shirt and in front of a red background, holds up a dollar bill.

Peter Thiel is leading investment in an ocean data center powered by waves—and the startup is reportedly worth $1 billion

By Sasha RogelbergMay 14, 2026

data center

Meta’s $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state’s entire police budget

By Jake AngeloMay 14, 2026

Cerebras Systems ad on a billboard.

Cerebras CEO says AI chip demand is ‘not speculative’ as shares double in blockbuster IPO debut

By Beatrice Nolan and Sharon GoldmanMay 14, 2026

The AI boom sidelined sustainability. Two researchers want to change that

The AI boom sidelined sustainability. Two researchers want to change that

By Sharon GoldmanMay 14, 2026

Jon Gray, Blackstone

Blackstone COO Jon Gray predicts ‘huge boom’ in blue-collar jobs—his own data center company is hiring 30,000 new roles

By Preston ForeMay 14, 2026

A European central bank has signed a mega deal with a cloud service provider. The problem for Google, Microsoft and Amazon? It’s not with them

A European central bank has signed a mega deal with a cloud service provider. The problem for Google, Microsoft and Amazon? It’s not with them

By Kamal AhmedMay 14, 2026

student

Parents want less screen time in schools. Administrators say opting out isn’t feasible

By Sharon Lurye and The Associated PressMay 14, 2026

gene

I helped design the original Tesla battery. Here’s how America can lead the world again

By Gene BerdichevskyMay 14, 2026

Man with glasses and beard before a microphone

North Korean operatives stole $2 billion last year—and financial firms are the next target

By Amanda GerutMay 14, 2026

Furientis missile launches from the ground during a test.

Startups & Venture

Exclusive: ‘We’re spending millions to stop threats that cost thousands’: Startup Furientis aims to revolutionize defense

By Lily Mae LazarusMay 14, 2026

Cisco CEO Chuck Robbins, interviewed by Fortune’s Andrew Nusca, at Fortune Brainstorm Tech 2016 in Aspen, Colo. (Photo: Stuart Isett/Fortune)

Cisco shares soar almost 20% as AI infrastructure orders jump

By Andrew NuscaMay 14, 2026

Wall Street no longer believes Kevin Warsh can do what President Trump wants

Wall Street no longer believes Kevin Warsh can do what President Trump wants

By Jim EdwardsMay 14, 2026

Steve Jobs used a ‘beer test’ for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job

Steve Jobs used a ‘beer test’ for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job

By Orianna Rosa RoyleMay 14, 2026

The earth beneath your feet just minted a $10 billion company to power America’s AI boom

The earth beneath your feet just minted a $10 billion company to power America’s AI boom

By Jordan BlumMay 14, 2026

Boeing lost China. Trump—and 500 jets—may be about to win it back

Boeing lost China. Trump—and 500 jets—may be about to win it back

By Shawn TullyMay 14, 2026

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Most Popular

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

placeholder alt text

By Sasha RogelbergJuly 17, 2026

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

placeholder alt text

By Fortune EditorsJuly 15, 2026

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

placeholder alt text

By Marco Quiroz-GutierrezJuly 17, 2026

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