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Fortune 500 Digest Weekday

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Investing
Tech stocks lead steep global sell-off as investors lose faith in AI chip trade
By Jim EdwardsJuly 17, 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
Photo: President Trump.
Economy
Trump threatens Iran with more bombing as U.S. missile stockpiles decline, the Strait of Hormuz slams shut, and there’s no endgame in sight
By Jim EdwardsJuly 15, 2026
Photo: President Trump.
Economy
The price of oil shoots upward as Trump demands tolls in the Strait of Hormuz
By Jim EdwardsJuly 14, 2026
Ships go dark as the clock runs out on Trump’s ‘undeclared naval war’ in the Strait of Hormuz
Newsletters
Ships go dark as the clock runs out on Trump’s ‘undeclared naval war’ in the Strait of Hormuz
By Jim EdwardsJuly 13, 2026
Photo: President Trump.
Newsletters
Strait jacket: Wall Street is worried President Trump has no good options for ending the war with Iran
By Jim EdwardsJuly 10, 2026
Photo: President Trump.
Newsletters
Trump is set to rip up the ‘memorandum of understanding’ with Iran—and Wall Street doesn’t care
By Jim EdwardsJuly 9, 2026
Photo: President Trump.
Newsletters
Iran strikes 85 U.S. military sites in the Gulf, sparking a global selloff in stocks and a spike in the price of oil
By Jim EdwardsJuly 8, 2026
Photo: Asha Sharma
North America
Game over for 20% of Xbox staff as Microsoft hits reset: We ‘didn’t focus on the core business,’ CEO says. ‘We simply spread ourselves too thin.’
By Jim EdwardsJuly 7, 2026
Photo: Kwak Noh-jung, chief executive officer of SK Hynix.
AI
$29 billion stock offering going live this week will test investor appetite for AI companies 
By Jim EdwardsJuly 6, 2026
Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic 
AI
Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic 
By Jim EdwardsJuly 2, 2026
Photo: Rocks balancing on driftwood, sea in background.
AI
Leveraged stock bets are ‘very concentrated in the AI ecosystem,’ Goldman Sachs warns
By Jim EdwardsJuly 1, 2026
Mark Zuckerberg, CEO of Meta
Economy
AI stocks are in an ‘air pocket’ and Meta and Microsoft are being traded like ‘bear market names that cannot be owned,’ top analyst says
By Jim EdwardsJune 30, 2026
Photo: Kevin Warsh
Economy
President Trump will not get what he wants from Kevin Warsh, a source tells us, as inflation will force the Fed upwards
By Jim EdwardsJune 29, 2026
Photo: Sam Altman
Economy
‘Memory supply crisis’: Wall Street triggers huge selloff in fear of looming chip shortages
By Jim EdwardsJune 26, 2026
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Most Popular
Personal Finance
The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per yearplaceholder alt text
By Joshua HongAugust 27, 2026
Success
Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymoreplaceholder alt text
By Nick LichtenbergAugust 27, 2026
Cybersecurity
'You only get like two hours of alcohol or two hours of cigarettes a day': Former Meta engineer on child safety settlementplaceholder alt text
By Barbara Ortutay, Wyatte Grantham-Philips and The Associated PressAugust 27, 2026
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