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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

3

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

3

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
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Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized
Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized

LemonLime’s cofounder apologized following a flurry of online backlash and offered to cover removal costs for the tattoos

By Marco Quiroz-GutierrezJuly 31, 2026
Studio portrait of Leopold Aschenbrenner
The power couple of AI is getting married in Carmel, days after groom Leopold Aschenbrenner’s hedge fund nearly blew up
By Eva RoytburgJuly 31, 2026
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
By Catherina GioinoJuly 31, 2026
bernie
16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer
By Patrick J. Schena and The ConversationJuly 31, 2026
var
The World Cup’s VAR fights are a preview of every company’s AI rollout problem
By Pooya Tabesh and The ConversationJuly 31, 2026
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion
By Jason MaJuly 31, 2026
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Big Tech
More in Big Tech
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026

See which Fortune 500 companies are making changes to their C-suite ranks.

By Fortune EditorsJuly 31, 2026
Jensen Huang says this is the greatest time in history to start a business—and his advice is to stop overthinking it: ‘How hard can it be?’

The billionaire CEO has spent the last three decades building Nvidia —but says one simple mindset helped turn a diner-booth idea into a $4.7 trillion giant.

By Preston ForeJuly 31, 2026
Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls

Apple beat estimates on every metric, but memory-chip costs and no more tariff refunds spooked investors into a 2.3% drop after hours.

By Barbara Ortutay and The Associated PressJuly 31, 2026
Apple shows that AI winners don’t have to build the biggest models

A Fortune analysis looks at Apple’s strategy of skipping the AI infrastructure arms race.

By Sheryl EstradaJuly 31, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
ronnen
The competition passed on a flying toy. We built it into $100 million dollar business

In his new book, Spin Master’s Ronnen Harary explains how three founders in their 20s took a toy everyone rejected and turned it into Air Hogs.

By Ronnen HararyJuly 31, 2026
Sports teams have gone from trophies to trillion-dollar investment targets

Since 2014, overall total returns for the NBA, NFL, NHL, and MLB have outperformed the S&P 500.

By Allie GarfinkleJuly 31, 2026
A tech podcast inspired AI workers to donate $40 million to improve the lives of chickens, pigs, and other factory-farmed animals

Factory farming has historically been an overlooked cause. Now, tech workers at companies like OpenAI are pouring millions into changing that.

By Preston ForeJuly 30, 2026
‘I’m just stuck’: Meet the former OpenAI researcher sitting on $700K of equity that he says is overvalued

Andrew Ho worked at OpenAI for eight months but said he had to leave after realizing how tremendously overvalued the AI labs are. And he doesn’t think it’s a bubble.

By Eva RoytburgJuly 30, 2026
More in Startups & Venture
AI
More in AI
Dario Amodei speaking into a microphone.
Anthropic says its Claude models escaped a testing environment and hacked three real companies

Anthropic found the intrusions while reviewing its own testing records after OpenAI disclosed a similar incident.

By Beatrice NolanJuly 31, 2026
Brussels responds to explosion of AI risks with a new team of 38 bureaucrats

Brussels’ new AI Act enforcement team launches the same day Anthropic disclosed its models hacked three organizations during testing.

By Sam McNeil and The Associated PressJuly 31, 2026
Fed study: AI’s slow productivity story fits a century-old historical pattern

Researchers at the St. Louis Fed looked through 490,000 earnings calls and saw AI productivity surged—but only in talk.

By Nick LichtenbergJuly 31, 2026
Anthropic discloses that Claude broke out of its cage and hacked 3 companies — and 2 didn’t even notice

Claude broke into sealed-off test environments using weak passwords, the second such AI breach disclosed this month after OpenAI’s incident.

By Chan Ho-Him and The Associated PressJuly 31, 2026
More in AI
Innovation
More in Innovation
zoox
A robotaxi with no steering wheel just got the green light to charge you for a ride

Amazon’s Zoox can now sell rides in wheel-less, four-seat vehicles. Safety advocates say the data behind the approval is thin.

By Josh Funk, Ty O'Neil and The Associated PressJuly 31, 2026
Ferrari’s Jony Ive–designed model was mocked by the internet, but it’s selling like hotcakes

When the Luce was released, Ferrari’s former president and chairman said he hoped “they take the prancing horse off that car, at least.”

By Marco Quiroz-GutierrezJuly 31, 2026
Should AI be formally recognized as a national and global security threat? In London, politicians increasingly think so 

More than 125 U.K. lawmakers support ControlAI’s campaign, led by Luciana Berger, to have nonhuman superintelligence officially recognized as a national and global security threat.

By Kamal AhmedJuly 30, 2026
425-year-old Austrian bell foundry survives on 3D printing and lasers

Grassmayr Bell Foundry has cut polishing time by 90% with modern tools, even as bronze prices nearly triple and church demand shrinks.

By Philipp Jenne and The Associated PressJuly 30, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
mn
Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it

Over 30 Minnesota systems were hit this week, and investigators say it “walks like a duck” that looks a lot like Iran.

By Jamie Stengle, Eric Tucker and The Associated PressJuly 31, 2026
As the AI industry calls for help to “pace” AI development. Has OpenAI already hit pause on some development?

Between meetings on Capitol Hill this week, Sam Altman confirmed OpenAI deactivated a model after last month’s Hugging Face breach.

By Beatrice NolanJuly 30, 2026
Hugging Face drops in-depth hack report, while OpenAI gives us 7 bullets. Here’s what we know now, and what remains a mystery

The timeline, models involved, and other juicy details are starting to become more clear—nearly 20 days after the attack began.

By Emily ForliniJuly 29, 2026
xAI sues Minnesota over law banning AI ‘nudification’ tech

Musk’s company faces $500,000-per-violation penalties under a first-in-the-nation law it calls overly broad, days before it takes effect Saturday.

By Marc Levy, Barbara Ortutay and The Associated PressJuly 30, 2026
More in Cybersecurity
Latest stories from Fortune
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
Commentary
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
By Runchana Pongsaparn and Koon Hui TeeJuly 31, 2026
Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought
Health
Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought
By Christina SnyderJuly 31, 2026
Mike Wirth, chief executive officer of Chevron.
Energy
Chevron posts largest quarterly profit ever, and Exxon income surges as Iran war squeezes oil supply
By Jordan BlumJuly 31, 2026
Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump
Retail
Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump
By Catherina GioinoJuly 31, 2026
NY AG Letitia James speaks into a microphone.
North America
New York sues to shut down Kalshi, seeks $100,000 for each unauthorized bet
By Camila Grigera NaónJuly 31, 2026
Mark Cuban’s cofounder once told him: ‘We don’t get as much done because people are afraid of you’
C-Suite
Mark Cuban’s cofounder once told him: ‘We don’t get as much done because people are afraid of you’
By Sarah GlodekJuly 31, 2026
chad
Arts & Entertainment
The Black Panther’s tragic coda: Chadwick Boseman’s brothers want his widow removed from his estate — and held in contempt
By Reid Kress Weisbord, Naomi Cahn and The ConversationJuly 31, 2026
cuban
Arts & Entertainment
Mark Cuban’s Las Vegas A’s investment is his ‘Sports 2.0’ Dallas Mavericks playbook all over again — with one key change
By Joshua HongJuly 31, 2026
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Morgan Stanley headquarters building in New York City.
Banking
Morgan Stanley is riding high on the IPO boom with 70% of the top 100 unicorns in its pipeline, CFO says
By Sheryl EstradaJuly 16, 2026
  • IBM CEO Arvind Krishna looks on as U.S. President Donald Trump signs an executive order in the Oval Office of the White House in Washington, DC, on June 22, 2026. (Photo: Mandel Ngan/AFP/Getty Images)
    Newsletters
    We may have just witnessed the biggest share drop in the modern history of IBM
    By Andrew NuscaJuly 15, 2026
dario
AI
Meta Oversight Board study: AI chatbots may be the most perfect propaganda machine ever invented
By Didi Tang and The Associated PressJuly 16, 2026
Pascal cofounders Matthew Downey (left) and Ivo Crnkovic-Rubsamen (right) stand side by side against a brick wall.
Crypto
Exclusive: Prediction market startup Pascal raises $9 million to challenge heavyweights Kalshi and Polymarket
By Camila Grigera NaónJuly 16, 2026
eu
AI
EU orders Google to share search data with rivals by 2027; search giant complains about ‘unfamiliar companies’ in your grill
By The Associated PressJuly 16, 2026
Marc Lore smiles
Startups & Venture
Exclusive: Marc Lore says Wonder is gearing up for an IPO after raising $650 million at a $9 billion valuation
By Lily Mae LazarusJuly 16, 2026
tsmc
North America
Taiwan’s chip superpower just pledged another $100 billion to help the U.S. get its act together
By Chan Ho-Him and The Associated PressJuly 16, 2026
  • New experimental Alzheimer’s drug shows potential after study shows slower cognitive decline
    Health
    New experimental Alzheimer’s drug shows potential after study shows slower cognitive decline
    By Lauran NeergaardJuly 14, 2026
tony
Commentary
Genesys CEO: We can see firsthand how AI is changing — not replacing — work
By Tony BatesJuly 16, 2026
h
AI
‘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
By Yuri Kageyama and The Associated PressJuly 16, 2026
Aiden, an AI bot cartoon, poses next to Nim Ravid.
Startups & Venture
Meet the AI employee that convinced Sequoia to invest $45 million in Sable
By Lily Mae LazarusJuly 16, 2026
Bunkerhill Health raises $55 million to put AI agents to work inside hospitals
Newsletters
Bunkerhill Health raises $55 million to put AI agents to work inside hospitals
By Allie GarfinkleJuly 16, 2026
Southeast Asia ‘has not really moved up the value chain’ and risks missing the AI boom, says Standard Chartered’s chief ASEAN economist
Asia
Southeast Asia ‘has not really moved up the value chain’ and risks missing the AI boom, says Standard Chartered’s chief ASEAN economist
By Angelica AngJuly 16, 2026
  • U.S.-Russia space crew arrives at the ISS despite bitter space race past
    North America
    U.S.-Russia space crew arrives at the ISS despite bitter space race past
    By Vladimir Isachenkov and The Associated PressJuly 14, 2026
Stripe co-founder and CEO Patrick Collison at Fortune Brainstorm Health 2022 in Los Angeles. (Photo: Stuart Isett/Fortune)
Newsletters
Why Stripe might want to acquire PayPal
By Andrew NuscaJuly 16, 2026
Elon Musk loses trillionaire status as SpaceX stock deflates—and Wisconsin officials want him investigated for election ‘bribery’
Newsletters
Elon Musk loses trillionaire status as SpaceX stock deflates—and Wisconsin officials want him investigated for election ‘bribery’
By Jim EdwardsJuly 16, 2026
Klook cofounder Ethan Lin thinks the U.S. can help grow one of Asia’s largest travel platforms
Asia
Klook cofounder Ethan Lin thinks the U.S. can help grow one of Asia’s largest travel platforms
By Angelica AngJuly 15, 2026
ibm
Big Tech
‘We did not adapt and move quickly enough’: IBM CEO’s admission of weakness fails to prevent historic 25% stock crash
By Tatiana SatauaJuly 15, 2026
usa
AI
Why IBM just suffered its worst stock crash of all time—and what it says about the market’s two bubbles
By Nick LichtenbergJuly 15, 2026
mark
Law
YouTube appeals verdict, argues it isn’t a social media platform
By Kaitlyn Huamani and The Associated PressJuly 15, 2026
A woman at a police commission meeting stands behind a podium speaking animatedly.
North America
LAPD was one of Flock Safety’s biggest government customers. Now it’s renegotiating its partnership over ‘serious concerns around civil liberties’
By Sasha RogelbergJuly 15, 2026
OpenAI wants its speaker to feel alive. Apple says it’s a stolen idea
AI
OpenAI wants its speaker to feel alive. Apple says it’s a stolen idea
By Marco Quiroz-GutierrezJuly 15, 2026
Murati’s Thinking Machines releases first AI model for broad use
AI
Murati’s Thinking Machines releases first AI model for broad use
By Shirin Ghaffary and BloombergJuly 15, 2026
Job interview in office
Success
The $21 billion company behind Eventbrite, Vimeo, and AOL has just revealed how it picked 286 out of 800,000 job applications
By Emma BurleighJuly 15, 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’
C-Suite
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’
By Fortune EditorsJuly 15, 2026
19 of Cyclops' members stand smiling at the camera from their offices in Vienna, Austria.
Crypto
Exclusive: Cyclops raises $20 million to help payment companies settle faster with stablecoins
By Camila Grigera NaónJuly 15, 2026
zuck
Law
26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave
By Barbara Ortutay, Alexandra Olson and The Associated PressJuly 15, 2026
Bank of America CFO Alastair Borthwick
Banking
Bank of America’s AI bet is starting to pay off, its CFO says
By Sheryl EstradaJuly 15, 2026
Is your AI really working? Why productivity isn’t the same as progress
Future of Work
Is your AI really working? Why productivity isn’t the same as progress
By Jamie GarverickJuly 15, 2026
UCSF medical center
Startups & Venture
Kleiner Perkins, John Doerr, and UCSF Health think healthcare AI has been built all wrong
By Lily Mae LazarusJuly 15, 2026
Salar al Khafaji stands while Sebastiaan Visser sits on a stool in front of a robotics warehouse
Innovation
He sold his last company to Palantir. Now he’s betting $32 million that robots can fix construction’s labor crisis
By Lily Mae LazarusJuly 15, 2026
Current price of Ethereum for July 15, 2026
Personal Finance
Current price of Ethereum for July 15, 2026
By Joseph HostetlerJuly 15, 2026
Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets
Newsletters
Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets
By Allie GarfinkleJuly 15, 2026
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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in lineplaceholder alt text
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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricingplaceholder alt text
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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity insteadplaceholder alt text
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