Big Tech

Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

Musk’s wealth, which peaked at about $1.33 trillion on June 16, now stands at $684 billion.

By Tom Maloney and BloombergAugust 1, 2026

Trump to start selling early access to his social media: ‘For the big guys, it’s going to be something they need’

By Bernard Condon, Brian Slodysko and The Associated PressAugust 1, 2026

Golfer in white hat

Amazon’s Andy Jassy sees a $1 trillion cloud built on businesses like the PGA Tour—which swapped its server trucks for AI broadcasts

By Amanda GerutAugust 1, 2026

LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months

LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months

By Marco Quiroz-GutierrezJuly 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

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

By Fortune EditorsJuly 31, 2026

Latest stories from Fortune

Trump backs off from new strikes on Iran, claiming Mideast allies have outlines of an emerging deal to reopen the Strait of Hormuz

Trump backs off from new strikes on Iran, claiming Mideast allies have outlines of an emerging deal to reopen the Strait of Hormuz

By Aamer Madhani and The Associated PressAugust 1, 2026

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

By Jason MaAugust 1, 2026

Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating

Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating

By Michael Casey and The Associated PressAugust 1, 2026

Trump blasts Pirro after she admitted Reflecting Pool damage was caused by botched installation and blamed Interior Dept. for not sharing information

Trump blasts Pirro after she admitted Reflecting Pool damage was caused by botched installation and blamed Interior Dept. for not sharing information

By Aamer Madhani, Matthew Daly and The Associated PressAugust 1, 2026

Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’

Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’

By Jason MaAugust 1, 2026

Spain puts up a 1,600-foot sea barrier between Ceuta and Morocco after EU states warn against ‘uncontrolled mass crossings’

Spain puts up a 1,600-foot sea barrier between Ceuta and Morocco after EU states warn against ‘uncontrolled mass crossings’

By Suman Naishadham and The Associated PressAugust 1, 2026

Trump vows to restore his ‘Anti-Weaponization Fund’ a day after declaring it dead, while Tillis slams it as a ‘payout pot for punks’

Trump vows to restore his ‘Anti-Weaponization Fund’ a day after declaring it dead, while Tillis slams it as a ‘payout pot for punks’

By Eric Tucker and The Associated PressAugust 1, 2026

Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality

Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality

By Jason MaAugust 1, 2026

More Big Tech

Jensen Huang speaks into a microphone

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?’

By Preston ForeJuly 31, 2026

An Apple flagship store

Apple shows that AI winners don’t have to build the biggest models

By Sheryl EstradaJuly 31, 2026

Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls

Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls

By Barbara Ortutay and The Associated PressJuly 31, 2026

ipo

Microsoft’s best day in markets since 2008 shows the AI trade isn’t dead, just pickier

By Stan Choe and The Associated PressJuly 31, 2026

Ferrari’s Jony Ive–designed model was mocked by the internet, but it’s selling like hotcakes

Ferrari’s Jony Ive–designed model was mocked by the internet, but it’s selling like hotcakes

By Marco Quiroz-GutierrezJuly 31, 2026

Man in a suit gesturing

Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity to meet demand

By Amanda GerutJuly 30, 2026

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

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

By Alexei OreskovicJuly 30, 2026

nyse

Microsoft’s $480 billion rally fuels a debate: Financial nihilism or the true AI moat finally coming into view?

By Nick LichtenbergJuly 30, 2026

Man with glasses and a black collared shirt

Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms

By Amanda GerutJuly 30, 2026

Startups & Venture

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

By Eva RoytburgJuly 30, 2026

‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world

‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world

By Sarah GlodekJuly 30, 2026

Businessman text messaging on smart phone

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

By Preston ForeJuly 30, 2026

People pass the New York Stock Exchange on the street.

Microsoft leads stock comeback from Wednesday carnage

By Stan Choe and The Associated PressJuly 30, 2026

Meta earnings reveal cash flow drops 91% — while Zuckerberg writes op-eds about superintelligence

By Barbara Ortutay and The Associated PressJuly 30, 2026

Samsung posts record $62 billion profit — and investors sell off anyway

By Kim Tong-Hyung and The Associated PressJuly 30, 2026

Flirting with $5 trillion, Apple has never been more valuable—or more risky for investors

Flirting with $5 trillion, Apple has never been more valuable—or more risky for investors

By Shawn TullyJuly 30, 2026

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Friday, July 10, 2026.

Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at launching cloud business with few details

By Eva RoytburgJuly 29, 2026

Man in glasses gesturing

Microsoft’s cloud just hit a new milestone—Azure crosses $100 billion in annual revenue

By Amanda GerutJuly 29, 2026

Sam Altman walking

The runaway OpenAI models that hacked Hugging Face also breached a customer at a second tech company during a weeklong spree

By Beatrice NolanJuly 29, 2026

Elon Musk

Elon Musk said money doesn’t matter. Then he rolled out X Money and admitted he’s a ‘former trillionaire’

By Catherina GioinoJuly 29, 2026

TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

By Angelica AngJuly 28, 2026

Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2026 in New York.

‘A lot of panic around the AI investment’: How a chip slump is driving the Nasdaq toward correction

By Eva RoytburgJuly 28, 2026

Instagram cracks down on growing ‘pervert glasses’ problem with Meta Ray-Bans

Instagram cracks down on growing ‘pervert glasses’ problem with Meta Ray-Bans

By Tatiana SatauaJuly 28, 2026

The IPO hype cycle returns

The IPO hype cycle returns

By Sam ForsdickJuly 28, 2026

arnault

Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story

By Mia OsmonbekovJuly 28, 2026

No. 1 on the Fortune Global 500: Amazon’s Jeff Bezos on how his garage startup became the largest company in the world by revenue

No. 1 on the Fortune Global 500: Amazon’s Jeff Bezos on how his garage startup became the largest company in the world by revenue

By Kristin StollerJuly 28, 2026

How Wistron’s early Nvidia bet made it an unsung winner of the AI boom—and one of the biggest risers on this year’s Global 500

How Wistron’s early Nvidia bet made it an unsung winner of the AI boom—and one of the biggest risers on this year’s Global 500

By Nicholas GordonJuly 28, 2026

small keyboard

OpenAI’s first hardware device debuted at $230. Now, it’s on eBay for $1,850

By Emily ForliniJuly 27, 2026

The war between competing AI models could end up more like Apple vs. Android than VHS vs. Betamax

The war between competing AI models could end up more like Apple vs. Android than VHS vs. Betamax

By Jason MaJuly 27, 2026

Workers help a traveler at a Trip.com tabling session booth.

Trip.com struck with $765 million penalty from China over monopoly allegations

By The Associated PressJuly 27, 2026

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Most Popular

Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

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By Preston ForeAugust 1, 2026

Personal Finance

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

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By Nick LichtenbergJuly 31, 2026

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

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By Tatiana SatauaJuly 31, 2026