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Fortune

Jim Edwards

'Memory supply crisis': Wall Street triggers huge selloff in fear of looming chip shortages

Photo: Sam Altman (Credit: Anna Moneymaker—Getty Images)

**Good morning. On Fortune’s radar today:**

Markets: Yikes. 😞
There’s a “memory supply crisis” among chipmakers, Deutsche Bank says.
Vanguard: AI is the new railroad boom—and we’re still laying track.
The Fed is reaching the end of its five-year rope.
Ray Dalio: The U.S. is re-enacting the Suez crisis .
Elon Musk wants to borrow $25 billion. Allianz has an issue with that.
Just how bad was Brexit? 10 years on, we have the numbers.
How TIAA’s CEO discovered her father didn’t have a 401(k) .

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Top stories on inkl right now

U.S. Soccer Officials Banned From USMNT World Cup Match vs. Belgium

There was a lot of controversy surrounding the round of 16 match in Seattle.

Sports Illustrated

Both engines flamed out before small jet crashed in June on Texas highway, according to NTSB report

Both engines flamed out on a small business jet that crashed on a Texas highway in June, killing one person and injuring six, preventing the pilots from being able to reach the Laredo airport

The Independent UK

Graham Platner officially withdraws candidacy for US Senate in Maine

Paperwork ends Democratic campaign laden with scandals, including most recently accusations of sexual assault

The Guardian - US

John Fetterman joins forces with Republican counterpart in Senate for fundraising committee

Venture between two Pennsylvania senators stokes speculation about Fetterman’s future in Democratic party

The Guardian - US

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Nicaragua strips lawyers from practicing in ongoing crackdown on dissent

Nicaragua's government has stripped many lawyers of their licenses to practice, according to a United Nations expert

The Independent UK

Graham Platner officially drops from Maine Senate race after sex assault claim, setting off mad dash for Democrats

ANALYSIS: Democrats feel like they have a better shot now that Platner is out of the picture, Eric Garcia writes. But it’s far from a slam dunk

The Independent UK

Top stories on inkl right now

U.S. Soccer Officials Banned From USMNT World Cup Match vs. Belgium

There was a lot of controversy surrounding the round of 16 match in Seattle.

Sports Illustrated

Both engines flamed out before small jet crashed in June on Texas highway, according to NTSB report

Both engines flamed out on a small business jet that crashed on a Texas highway in June, killing one person and injuring six, preventing the pilots from being able to reach the Laredo airport

The Independent UK

Graham Platner officially withdraws candidacy for US Senate in Maine

Paperwork ends Democratic campaign laden with scandals, including most recently accusations of sexual assault

The Guardian - US

John Fetterman joins forces with Republican counterpart in Senate for fundraising committee

Venture between two Pennsylvania senators stokes speculation about Fetterman’s future in Democratic party

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Nicaragua strips lawyers from practicing in ongoing crackdown on dissent

Nicaragua's government has stripped many lawyers of their licenses to practice, according to a United Nations expert

The Independent UK

Graham Platner officially drops from Maine Senate race after sex assault claim, setting off mad dash for Democrats

ANALYSIS: Democrats feel like they have a better shot now that Platner is out of the picture, Eric Garcia writes. But it’s far from a slam dunk

The Independent UK

Our Picks

Taylor Swift paid more than £120,000 of public spending on wedding, mayor says

Zohran Mamdani told reporters Swift has covered at least £120,000 of the city’s expenses for the event, such as security.

Evening Standard

After Firing Back At Body‑Shamers, Kelly Osbourne’s Dramatic Transformation Remains A Point Of Fierce Debate

“She looks 60 years old,” a netizen said.

Bored Panda

SpaceX launch creates colorful 'jellyfish' in the night sky | Space photo of the day for July 10, 2026

I promise it's not an alien.

Space

"Once we realised the guys with guns pointed to our heads were cops, we were relieved." The night that armed police gatecrashed David Bowie's end-of-tour party

"A bunch of guys broke down the door, shouting with handguns drawn"

Louder

Will Ferrell Had An A+ Response To His Sons Calling His SKIMS Campaign 'Super Sexy'

I'd expect nothing less from this comedy legend (and his kids).

Cinemablend

Psychology says people who specially learn to pronounce the name of their favorite dish of a foreign cuisine aren't showing off: What this behavior reveals?

Psychology says people who specially learn to pronounce the name of their favorite dish of a foreign cuisine aren't trying to impress others in every case. Psychology suggests this behavior can reflect curiosity, respect for culture, motivation to learn, and attention to detail. Experts say language, food, and identity are…

The Economic Times

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