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 TechPage 2 of 68

Man in a polo shirt gives a thumbs up

Amazon and Microsoft are spending $400 billion on AI—and investors are low on patience

By Amanda GerutJuly 27, 2026

China is using the steel playbook on AI—and America’s tech billionaires are standing in the blast zone

By Nick LichtenbergJuly 27, 2026

Big Tech earnings slam into a market in revolt over AI spending

Big Tech earnings slam into a market in revolt over AI spending

By Jeran Wittenstein, Ryan Vlastelica and BloombergJuly 26, 2026

Jeff Bezos says being lazy, not working hard, is the root of anxiety: ‘The stress goes away the second I take that first step’

Jeff Bezos says being lazy, not working hard, is the root of anxiety: ‘The stress goes away the second I take that first step’

By Sydney LakeJuly 26, 2026

The Trump administration has accrued roughly $26.7 billion across 30 equity or quasi-equity deals

The U.S. government invested $27 billion in corporate stakes. Good luck finding them

By Eva RoytburgJuly 26, 2026

Samsung wins $200 billion order to supply chips to Broadcom

Samsung wins $200 billion order to supply chips to Broadcom

By Hooyeon Kim and BloombergJuly 25, 2026

Nvidia CEO Jensen Huang denies the chip boom will go bust soon and actually utters the infamous phrase ‘this time is different’

Nvidia CEO Jensen Huang denies the chip boom will go bust soon and actually utters the infamous phrase ‘this time is different’

By Jason MaJuly 25, 2026

Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?

Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?

By Sebastian HerreraJuly 25, 2026

Schools across America are quietly admitting that screens in classrooms made students worse off and are reversing years of tech-first policies

Schools across America are quietly admitting that screens in classrooms made students worse off and are reversing years of tech-first policies

By Marco Quiroz-GutierrezJuly 25, 2026

SpaceX may have missed its window to buy Tesla

SpaceX may have missed its window to buy Tesla

By Shawn TullyJuly 25, 2026

EU strikes Google with $1 billion fine in major crackdown on antitrust regulations even as Trump threatens retaliation

By The Associated Press and Sam McNeilJuly 24, 2026

Jensen Huang just used his first ever X post to warn the AI industry not to make the mistake that software narrowly avoided in the 1980s

By Nick LichtenbergJuly 24, 2026

Nvidia, Microsoft lead call for open-weight AI models after Kimi

By Michael Shepard and BloombergJuly 24, 2026

grandparents grandkid on a tablet

Kids don’t ‘Google it’ anymore. AI chatbots taught them to ‘search it up’ instead

By Catherina GioinoJuly 24, 2026

EU says TikTok failed to shield minors’ accounts from adults, exposing kids to predators

EU says TikTok failed to shield minors’ accounts from adults, exposing kids to predators

By Sam McNeil and The Associated PressJuly 24, 2026

South Korea’s ‘divorce of the century’ results in order for SK chair to pay ex-wife $640 million

By The Associated PressJuly 24, 2026

tim

NYU Stern pricing expert: There’s a hidden ‘AI tax’ hitting Apple, Dell — and your next phone

By Srikanth JagabathulaJuly 24, 2026

Alphabet Inc. and Google CEO Sundar Pichai speaks during the inauguration of a Google Artificial Intelligence (AI) hub in Paris on February 15, 2024. (

AI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates it

By Eva RoytburgJuly 23, 2026

Photo of Mark Zuckerberg

‘Call us whatever the hell you want’: Mark Zuckerberg just launched an AI optimism blitz using nostalgia to sell Meta’s AI future amid backlash

By Mia OsmonbekovJuly 23, 2026

sam altman speaks

OpenAI debuts ChatGPT Voice so you can have ongoing conversations, ask the AI to complete tasks while hands-free

By Emily ForliniJuly 23, 2026

Alphabet’s SpaceX stake fuels a $98 billion gain, beating estimates

Alphabet’s SpaceX stake fuels a $98 billion gain, beating estimates

By Barbara Ortutay and The Associated PressJuly 23, 2026

AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council

AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council

By Sheryl EstradaJuly 23, 2026

ServiceNow CEO Bill McDermott pumping his fist.

Wall Street is finally starting to buy ServiceNow CEO Bill McDermott’s story as the company beats Q2 earnings forecasts

By Jeremy KahnJuly 23, 2026

data

The hidden cost of AI: Why your town is negotiating with Amazon and Microsoft

By Melody BirminghamJuly 23, 2026

Jensen Huang made his $172 billion fortune on AI chips. His family’s $75 million gift to Vanderbilt argues art decides what technology is for

Jensen Huang made his $172 billion fortune on AI chips. His family’s $75 million gift to Vanderbilt argues art decides what technology is for

By Sydney LakeJuly 23, 2026

Man holding his hands open

A new group of stocks is transforming global equities markets. Meet ‘Memi,’ the $3 trillion sector fueled by AI’s insatiable hunger for memory chips

By Amanda GerutJuly 22, 2026

Sam Altman getting into a car

OpenAI’s models went rogue and hacked Hugging Face. It’s a wake-up call, experts say, but more concerning behavior may be next

By Beatrice NolanJuly 22, 2026

Larry Page and Sergey Brin

Larry Page and Sergey Brin splash $225 million in Miami property as billionaires flee California’s tax—and Google is expanding its office there too

By Emma BurleighJuly 22, 2026

A woman observes stock trends on her smartphone while a computer screen displays financial graphs.

Beyond SpaceX: Why great IPOs depend on more than first-day demand

By Sheryl EstradaJuly 22, 2026

L-R: Elon Musk and Ray Dalio.

Ray Dalio warned Elon Musk against betting all his money on Mars exploration: The SpaceX CEO invested $100m anyway, and had to borrow cash for rent

By Eleanor PringleJuly 22, 2026

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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