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What bubble? JPMorgan says the $5.5 trillion AI capex explosion is profitable–for now
Macro

What bubble? JPMorgan says the $5.5 trillion AI capex explosion is profitable–for now

JPMorgan's midyear outlook argues the hyperscalers are profitable, the debt markets are holding, and the cycle has room to run.

fortune.com · Jun 25, 2026 · 1 min read
Reddit COO targets 1 billion users as internet’s ‘odd duck’ aims for new heights
Macro

Reddit COO targets 1 billion users as internet’s ‘odd duck’ aims for new heights

Reddit accidentally built one of the world's most valuable archives of human conversation. Now it wants to turn that into a billion-user business

fortune.com · Jun 25, 2026 · 1 min read
Fed's Tough Talk on Inflation Contrasts with Surging Money Supply
Macro

Fed's Tough Talk on Inflation Contrasts with Surging Money Supply

Despite the Federal Reserve's stern rhetoric on combating inflation, the money supply has seen unprecedented growth since November 2022. This article delves into the implications of these contrasting trends and their potential impact on markets, particularly precious metals.

assetmarketcap.com · Jun 25, 2026 · 5 min read
Bill Ackman, David Tepper, and other billionaire fund managers are quietly piling into Amazon
Macro

Bill Ackman, David Tepper, and other billionaire fund managers are quietly piling into Amazon

Even as Warren Buffett’s Berkshire Hathaway exited the stock, big institutions bought 253 million more shares of Amazon during the past 12 months.

fortune.com · Jun 25, 2026 · 1 min read
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Macro

Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

Despite being one of the richest men alive, Ikea's billionaire founder Ingvar Kamprad would even steal packets of salt and pepper from restaurants

fortune.com · Jun 25, 2026 · 1 min read
Gen Z graduates are blaming AI for their unemployment woes when they should be looking somewhere else
Macro

Gen Z graduates are blaming AI for their unemployment woes when they should be looking somewhere else

While AI companies sow anxiety around their technologies, there’s evidence elsewhere of different economic factors actually driving employment challenges.

fortune.com · Jun 25, 2026 · 1 min read
MacKenzie Scott alone accounted for one-third of America’s $19.2 billion in megagifts last year
Macro

MacKenzie Scott alone accounted for one-third of America’s $19.2 billion in megagifts last year

MacKenzie Scott donated $7 billion in 2025, bringing her five-year total to $26.2 billion, even as she stays out of the spotlight.

fortune.com · Jun 25, 2026 · 1 min read
Walmart’s $1.4 billion Vibe.co deal is a direct shot at Amazon’s booming ad business
Macro

Walmart’s $1.4 billion Vibe.co deal is a direct shot at Amazon’s booming ad business

With a $1.4 billion deal for Vibe.co, Walmart is aiming to capture the ad dollars of smaller brands.

fortune.com · Jun 25, 2026 · 1 min read
Fortune 500 bosses demanding staff return to the office share one trait: narcissism, research finds
Macro

Fortune 500 bosses demanding staff return to the office share one trait: narcissism, research finds

A six-year Wharton study suggests leaders who crave status and attention are driving the push back to the office—despite mixed evidence on productivity.

fortune.com · Jun 25, 2026 · 1 min read
Investors still seek a human touch even with AI tools at hand: HSBC
Macro

Investors still seek a human touch even with AI tools at hand: HSBC

Investors are still turning to the judgment of a professional adviser in their last investment decision, despite using AI tools, a HSBC survey found.

cnbc.com · Jun 25, 2026 · 1 min read
Getting past the pilot: Why so many AI test projects have trouble scaling
Macro

Getting past the pilot: Why so many AI test projects have trouble scaling

Business leaders from Salesforce, Amgen, and Thomson Reuters took a hard look at AI pilot projects to understand why some thrive and some flail.

fortune.com · Jun 24, 2026 · 1 min read
JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test
Macro

JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test

The announcements followed the release of the Federal Reserve's annual stress test, which found that all 32 large banks weathered a hypothetical recession.

cnbc.com · Jun 24, 2026 · 1 min read
US says chemical maker Chemours will pay $450M in penalties and relief programs to three states to settle ‘forever chemicals’ case
Macro

US says chemical maker Chemours will pay $450M in penalties and relief programs to three states to settle ‘forever chemicals’ case

The company will mitigate forever chemicals pollution in West Virginia, North Carolina and New Jersey via implementing controls and supplying clean drinking water.

fortune.com · Jun 24, 2026 · 1 min read
1,000-year-old massive textile factory unearthed in Denmark—and it belonged to the Vikings
Macro

1,000-year-old massive textile factory unearthed in Denmark—and it belonged to the Vikings

Archaeologists found a huge textile site in Denmark that gives them a new look into Viking society.

fortune.com · Jun 24, 2026 · 1 min read
‘Godmother of AI’ and tech entrepreneurs draw investors by pivoting from chatbots to ‘world models’ saying AI has to read the room, not just books
Macro

‘Godmother of AI’ and tech entrepreneurs draw investors by pivoting from chatbots to ‘world models’ saying AI has to read the room, not just books

World models that react to the physical environment are "one of the most important" concepts in AI today as scientists shift away from chatbots.

fortune.com · Jun 24, 2026 · 1 min read
Trump’s Iran war provoked the Senate enough to get it to symbolically vote to curb his war powers for the first time
Macro

Trump’s Iran war provoked the Senate enough to get it to symbolically vote to curb his war powers for the first time

It was the 10th time the Senate tried to stop the war and comes as Republicans are disgruntled with Trump's deal with Iran to end the war.

fortune.com · Jun 24, 2026 · 1 min read
‘We are in agony’: Today Show host Savannah Guthrie begs public for help as reports surface her missing 84-year-old mom might be dead
Macro

‘We are in agony’: Today Show host Savannah Guthrie begs public for help as reports surface her missing 84-year-old mom might be dead

Guthrie pleaded with viewers for tips a day after repots that she received a ransom note that her mom Nancy, 84, was dead.

fortune.com · Jun 24, 2026 · 1 min read
Asia’s defense boom is rewiring the global arms supply chain
Macro

Asia’s defense boom is rewiring the global arms supply chain

Asia, once an arms importer, is now emerging as a hardware manufacturer and arms exporter, driving the global defense industry in a more multipolar world.

fortune.com · Jun 24, 2026 · 1 min read
A big look at the state of housing in America: Boomers won’t sell, millennials can’t buy, and Gen Z gets to watch the whole thing sort itself out
Macro

A big look at the state of housing in America: Boomers won’t sell, millennials can’t buy, and Gen Z gets to watch the whole thing sort itself out

A new forecast says housing supply will finally outpace demand by 2035. Congratulations to everyone who wasn't born before 1997.

fortune.com · Jun 24, 2026 · 1 min read
How ‘Ozempic face’ is pushing Gen X, already the biggest Botox and filler consumers, to the facelift table a decade early
Macro

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.com · Jun 24, 2026 · 1 min read
Congress’s landmark housing bill could backfire on millions of renters
Macro

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.com · Jun 24, 2026 · 1 min read
Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules
Macro

Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules

The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.

cnbc.com · Jun 24, 2026 · 1 min read
‘Heinous actions’: New York City teen sentenced to more than 5 years after admitting he set a sleeping homeless man on fire on the subway
Macro

‘Heinous actions’: New York City teen sentenced to more than 5 years after admitting he set a sleeping homeless man on fire on the subway

Judge Lewis J. Liman gave Hiram Carrero, 19, a sentence that was longer than the mandatory minimum required for arson, after the teen plead guilty in March to the charge.

fortune.com · Jun 24, 2026 · 1 min read
CEO of $8 billion Flexport blasts remote work as ‘white-collar fraud’ and a ‘total fantasy’ for highly paid employees
Macro

CEO of $8 billion Flexport blasts remote work as ‘white-collar fraud’ and a ‘total fantasy’ for highly paid employees

“The idea that I could do any work at my house is like a total fantasy,” said CEO Ryan Petersen.

fortune.com · Jun 24, 2026 · 1 min read
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
Macro

Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy

Half of America’s STEM workers with PhDs are foreign-born, a talent pipeline that is quickly drying up.

fortune.com · Jun 24, 2026 · 1 min read
How Home Depot is rebuilding retailing with AI
Macro

How Home Depot is rebuilding retailing with AI

Amid a turbulent housing market, Home Depot has steadily invested in AI use cases for shoppers and workers.

fortune.com · Jun 24, 2026 · 1 min read