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The Latest Breaking News from Fortune

We need more capitalists, not necessarily more capitalism

Is the world already nostalgic for American capitalism? The image of America as the land of opportunity may no longer match the economic reality.

Fortune

What should business leaders say about Alex Pretti’s death?

History will judge business leaders not just for their silence, but for their platitudes.

Fortune

Palantir’s blockbuster earnings fired a starting gun on a global rally in stocks

Companies are reporting capital expenditure plans that suggest AI companies won’t run out of money anytime soon.

Fortune

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From Wall Street to Washington: The CEO who is overhauling the IRS and SSA

Frank Bisignano brings a corporate playbook to two of the federal government’s largest agencies.

Fortune

President Trump just missed a key deadline to share his spending plans: Fears are mounting about what that means for $38.5 trillion national debt

“We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work. And we can’t count on heroic growth rates or crashing interest rates,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB).

Fortune

Why President Trump’s latest crypto scandal could spell disaster for the blockchain industry

A bombshell report revealed that an Abu Dhabi royal bought a 49% stake in Trump’s flagship crypto project.

Fortune

What happened at Davos was a warning to CEOs: their companies are designed for a world that no longer exists

When allies hedge, CEOs must decide.

Fortune

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Researchers say viral AI social network Moltbook is a 'live demo' of how the new internet could fail

“If toy agents on a Reddit clone can create this much chaos, what happens when agentic systems manage enterprise infrastructure or financial transactions?”

Fortune

Did Target’s CEO miss the mark by ignoring Minnesota?

Also: All the news and watercooler chat from Fortune.

Fortune

AI is changing the CEO's role—and could lead to a changing of the guard

Even seasoned CEOs must show they can match the speed of technological change—and generate tangible returns from investments in it.

Fortune

Target’s new CEO isn’t acknowledging the anti-ICE protests

Pressure is mounting on the brand-new CEO to speak out against ICE.

Fortune

Indonesia's Danantara bets a new $6B SOE can save a textile industry from Trump tariffs and foreign competition

Yet some experts worry the new state textile giant could end up being a "dominant rival" to smaller players in the industry.

Fortune

Elon Musk’s SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO

“My estimate is that within two to three years, the lowest cost way to generate AI compute will be in space,” Musk wrote in a post on SpaceX’s website on Monday.

Fortune

Oracle said it was ‘highly confident in OpenAI’s ability to raise funds and meet its commitments.’ Cue the stock fall

Oracle’s plan to raise $50 billion had shares rising. Then a tweet about its confidence in OpenAI triggered a selloff that spoke volumes.

Fortune

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Fortune

‘We are an n of 1’: Palantir hails ‘incredible’ earnings as stock rockets nearly 8% after hours

CEO Alex Karp hailed “one of the truly iconic performances” by any company while warning it was putting “enormous political pressure on our institutions.”

Fortune

Devon Energy CEO: 'Stars align' to acquire Coterra for nearly $26 billion in combo of near equals as merger mania returns to the oilfield

The massive Permian Basin merger creates a combined Devon with a $58 billion enterprise value.

Fortune

Meet Matt Schlicht, the man behind AI’s latest Pandora’s box—a social network where AI agents talk to one another

Schlicht moved to Silicon Valley in 2008 without a college degree, long before he created Moltbook.

Fortune

If AI is roiling the job market, the data isn’t showing it, Yale Budget Lab report says, raising questions of ‘AI-washing’ to justify mass layoffs

Some analysts have projected AI will displace 7% of U.S. workers. Yale economists said it’s just too early to tell.

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news in one place.

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Fortune

Why Bitcoin is in a bear market: Analyst points to 3 factors after currency swoons below $75,000

The original cryptocurrency recovered slightly on Monday.

Fortune

California Gov. Gavin Newsom doubles down on his criticism of the proposed billionaire wealth tax

The California governor said the wealth tax “actually will reduce investments” in education, child care, and public safety.

Fortune

Nvidia CEO denies ‘nonsense’ report he’s unhappy with OpenAI: ‘I really love working with Sam’

“We will invest a great deal of money,” Jensen Huang said, while clarifying that Nvidia’s potential $100 billion investment was “never a commitment.”

Fortune

Top AI leaders are begging people not to use Moltbook, a social media platform for AI agents: It’s a ‘disaster waiting to happen’

Moltbook might be fake, but even worse, it’s dangerous to run on your personal computer, experts say.

Fortune

Trump is channeling Ford in his plan for a U.S. strategic rare earths reserve

Trump’s latest move to secure U.S. supply of irreplaceable materials is a callback to a Nixon-era strategy.

Fortune

OpenAI launches Codex app to bring its coding models, used to build OpenClaw, to more users

OpenAI is locked in an increasingly intense battle with rival Anthropic over tools to create AI agents. The debut of the Codex app comes weeks after Anthropic launched a similar Claude Cowork product.

Fortune

How a ‘spy sheikh’ bought 49% of the Trump family’s flagship crypto company: ‘We’ve got some pretty meaningful investors’

Investors with ties to the Abu Dhabi royal family signed a deal to inject $500 million into World Liberty Financial.

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