Bitcoin down 20% since May as Strategy fallout spooks investors Worries over Strategy and interest rates have pressured crypto, but Bitwise’s Matt Hougan argues the shakeout is setting up a new rally. Fortune · Jun 26
How marketers are balancing broader remits and tighter budgets Marketing leaders at Cannes Lions discuss their expanding list of responsibilities, AI’s threat to creativity and the importance of having a CMO on the C-suite Fortune · Jun 26
Two former governors launch a bipartisan coalition to confront the coming AI jobs shock Also: All the news and watercooler chat from Fortune. Fortune · Jun 26
Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire A national debt, fading empire and military victory that wasn't: Has America met its Suez Crisis with the Hormuz affair? Fortune · Jun 26
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging Crude prices are back to prewar levels. Gas prices aren’t. Now Trump is pointing fingers at his own biggest donors. Fortune · Jun 25
Ex-wife of Amazon boss Jeff Bezos donated one third of US megagift donations last year all on her own MacKenzie Scott has vowed to give away her fortune ‘until the safe is empty’ The Independent UK · Jun 25
Private equity gets cut of two of Taylor Swift’s biggest pop hits through Max Martin’s catalog sale HarbourView’s deal for select Max Martin and Shellback publishing rights doesn’t touch Swift’s masters. Fortune · Jun 25
Larry Ellison quietly gave $45 million to a pro-Trump group—then Oracle landed a starring role in a $500 billion AI buildout While Big Tech's biggest names have publicly courted President Donald Trump, Oracle's billionaire cofounder took a quieter route—one that has reportedly tracked with major wins for his company and his son's media empire. Fortune · Jun 25
Softbank CEO dismisses Elon Musk’s extraterrestrial data center idea in favor of maximizing Earth-side construction now: ‘He who strikes first wins’ Son’s Softbank committed $19 billion last year to the Stargate project that aims to build AI infrastructure in the U.S. Fortune · Jun 25
Exclusive: A former Apple engineer thinks AI infrastructure is built for the wrong future. Investors just gave him $80 million to fix it Backed by Kleiner Perkins and Sequoia, Sail Research is betting the coming explosion of AI agents will force enterprises to rethink the economics of computing from the chip up. Fortune · Jun 25
A 6 year study shows which CEOs are pushing RTO mandates: The ones with the biggest egos Also: All the news and watercooler chat from Fortune. Fortune · Jun 25
How 'Ozempic face' is pushing Gen X, already the biggest Botox and filler consumers, to the facelift table a decade early “I just started to feel like I was seeing more lines around my eyes or something, and thought I would just go check out this doctor," one Gen Xer said. Fortune · Jun 24
Why Zohran Mamdani's big night as the Democratic party's new kingmaker matters for every Fortune 500 CEO in every city and state New York City Mayor Zohran Mamdani went three for three in Tuesday's primary elections. What happens next could be a sign for corporate America. Fortune · Jun 24
Congress’s landmark housing bill could backfire on millions of renters The bipartisan bill hopes to bridge the gap between high home prices and Americans desperate for affording housing. But the ban on institutional investors could take away rentals millions rely on. Fortune · Jun 24
Fortune · Jun 24 Robert Wright sees an 'earthquake' coming from AI that goes far beyond jobs: 'cultural, political, personal, family, psychological' The Nonzero founder is out with a new book, "The God Test," in a moment that calls for "enlightenment." The longtime Buddhist sees short supply.
Fortune · Jun 24 ‘Wipe out and change are different': Amazon exec slams AI job apocalypse fears as he hires thousands of Gen Z grads Matt Garman, CEO of Amazon Web Services, is rejecting predictions of an entry-level job bloodbath, as he hires thousands of Gen Z talent.
Fortune · Jun 24 Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less The world's biggest shopping event is breaking records—but shrinking cart sizes, debt-fueled checkouts and a bid for younger customers tell another story.
Fortune · Jun 24 Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’ “Over the past few months there has been a big shift in the world order,” the hedge fund billionaire wrote. He sees a “tribute” system rising in the East.
Fortune · Jun 24 Exclusive: Vinod Khosla wanted ‘every available dollar’ of Runlayer's funding round. It just raised $30 million to govern the agent workforce The startup already counts Instacart, Gusto, Opendoor, and a Fortune 500 bank among its customers.
Fortune · Jun 24 As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever At Fortune's Fuel Up in Cannes, marketing leaders from Manchester United Football Club, Uber, Kraft Heinz and content creator Gstaad Guy explored how brands can create connections that feel genuine
Fortune · Jun 24 Exclusive: Seltz, a startup trying to reinvent web search for AI agents, raises $12.5 seed round VC firms Speedinvest and Capital B led the funding round for the web search startup founded by a veteran of Amazon and Pinecone.
Fortune · Jun 24 Business is moving past the tech bro era and learning to value 'real people, real places' Also: All the news and watercooler chat from Fortune.
Fortune · Jun 24 Reid Hoffman says SpaceX ‘isn’t an AI company,’ xAI is ‘a complete train wreck’—and there’s room for both OpenAI and Anthropic The LinkedIn cofounder and investor in both Anthropic and OpenAI offers his most pointed public assessment yet of Elon Musk’s AI ambitions.
Fortune · Jun 24 The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting Over time, the conflict will likely cost more than $1 trillion, according to one Harvard economist.
Fortune · Jun 24 Tesla cofounder JB Straubel’s failed pitch to Elon Musk led to a $1.3 trillion success story JB Straubel was the architect of Tesla’s core tech, but his first pitch to Elon Musk fell flat.