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United Rentals: A Full Valuation Given A Cloudy Macro
Macro

United Rentals: A Full Valuation Given A Cloudy Macro

United Rentals has seen a remarkable 56% increase in stock value over the past year, driven by its pivot towards specialty rentals and robust free cash flow. However, with current valuations appearing stretched and macroeconomic uncertainties looming, analysts suggest a cautious approach. This article explores the company’s operational shifts, financial metrics, and broader market implications. ## BODY: ### Introduction In the world of finance, the balance between growth potential and valuati

assetmarketcap.com · Jun 18, 2026 · 5 min read
Singapore punches above its weight on the Southeast Asia 500, capturing a third of total revenue
Macro

Singapore punches above its weight on the Southeast Asia 500, capturing a third of total revenue

Half of the top 10 companies on the SEA 500 are headquartered in Singapore. No. 1 goes to commodity giant Trafigura, with revenue of $240 billion.

fortune.com · Jun 18, 2026 · 1 min read
How to run a company when the AI agents vastly outnumber the humans
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How to run a company when the AI agents vastly outnumber the humans

Business leaders from Salesforce, DraftKings, Indeed, and other companies convened at Fortune Brainstorm Tech to discuss the challenges and benefits of using AI for jobs with no margin for error.

fortune.com · Jun 18, 2026 · 1 min read
LinkedIn research says half of C-suite leaders are flying blind on AI—and its CBO says they can’t fix it the way they’re trying
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LinkedIn research says half of C-suite leaders are flying blind on AI—and its CBO says they can’t fix it the way they’re trying

"Sometimes different parts of the org [are] less willing to change, maybe because it's their job not to," Mark Lobosco told Fortune.

fortune.com · Jun 18, 2026 · 1 min read
The average SpaceX buyer post-IPO is almost under water after two-day slide
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The average SpaceX buyer post-IPO is almost under water after two-day slide

Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.

cnbc.com · Jun 18, 2026 · 1 min read
‘Iran just basically put its wish list into this’: the Trump-Iran agreement gives Iran a free pass on nuclear treaty violations pending final deal
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‘Iran just basically put its wish list into this’: the Trump-Iran agreement gives Iran a free pass on nuclear treaty violations pending final deal

The memo’s minimum nuclear weapons requirement is just making Iran down-blend its close-to-bomb-status enriched uranium, which is reversible, nuclear weapons expert says

fortune.com · Jun 18, 2026 · 1 min read
Markets are set for a much more hawkish Warsh Fed than expected
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Markets are set for a much more hawkish Warsh Fed than expected

Fed Chairman Kevin Warsh's tough talk on inflation Wednesday reverberated through financial markets.

cnbc.com · Jun 18, 2026 · 1 min read
‘Make AI work for ordinary people’: Bernie Sanders wants to pay you $1,000 every year from a government stake in AI companies
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‘Make AI work for ordinary people’: Bernie Sanders wants to pay you $1,000 every year from a government stake in AI companies

The senator is introducing a bill that would give Americans 50% ownership of the country’s biggest AI companies if they become profitable.

fortune.com · Jun 18, 2026 · 1 min read
Exclusive: Son of pro-crypto New York Senator Kirsten Gillibrand raises $30 million to launch a derivatives exchange
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Exclusive: Son of pro-crypto New York Senator Kirsten Gillibrand raises $30 million to launch a derivatives exchange

Lux Capital led the investment, which values the Stanford graduate’s exchange at $300 million.

fortune.com · Jun 18, 2026 · 1 min read
Entry-level work didn’t disappear, PwC finds with ‘seniorization.’ It just morphed into something young workers can’t get
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Entry-level work didn’t disappear, PwC finds with ‘seniorization.’ It just morphed into something young workers can’t get

"Employers are changing what they ask for in entry-level roles," Dan Priest, PwC's U.S. chief AI officer, told Fortune.

fortune.com · Jun 18, 2026 · 1 min read
AI’s free-for-all era may be coming to an end—as companies start counting the cost
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AI’s free-for-all era may be coming to an end—as companies start counting the cost

Executives at VivaTech say the rush to deploy AI is giving way to tighter controls, a shift to cheaper models, and a growing focus on what actually delivers returns.

fortune.com · Jun 18, 2026 · 1 min read
Dario Amodei only has 1 direct report, his chief of staff—and everyone else reports to his sister: ‘It’s incredibly freeing’
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Dario Amodei only has 1 direct report, his chief of staff—and everyone else reports to his sister: ‘It’s incredibly freeing’

As $965 billion Anthropic prepares to IPO, the AI firm’s CEO Dario Amodei admits he’s only been managing one person—and passing the rest to his sister.

fortune.com · Jun 18, 2026 · 1 min read
Exclusive: Arizona senator warns ‘ghost jobs’ are warping labor data, presses Trump admin to investigate
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Exclusive: Arizona senator warns ‘ghost jobs’ are warping labor data, presses Trump admin to investigate

Sen. Ruben Gallego sent letters outlining his concerns on Thursday to the Department of Labor and Federal Trade Commission.

fortune.com · Jun 18, 2026 · 1 min read
Zohran’s primary of power: the Democrat that Republicans fear most runs New York City
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Zohran’s primary of power: the Democrat that Republicans fear most runs New York City

Six months into his mayoralty he's already toppling incumbents, defying Hakeem Jeffries, and giving the GOP a lot to think about.

fortune.com · Jun 18, 2026 · 1 min read
Pete Hegseth flew to NATO, told allies they might fail his review, and caught an early flight home
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Pete Hegseth flew to NATO, told allies they might fail his review, and caught an early flight home

"Instead of tanks and fighters and air defenses, the focus has been on gender equity and climate change and defense austerity," he said, inaccurately.

fortune.com · Jun 18, 2026 · 1 min read
Europe’s $29 billion Iran War bill is driving a scramble for new energy routes
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Europe’s $29 billion Iran War bill is driving a scramble for new energy routes

The EU is fast-tracking IMEC, undersea power cables and Gulf pipeline deals — but all options run through an Israel-Saudi normalization that may not come.

fortune.com · Jun 18, 2026 · 1 min read
Teen summer employment is headed for its worst year since 1948
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Teen summer employment is headed for its worst year since 1948

Challenger, Gray & Christmas projects record-low teen hiring this summer as inflation, cautious employers, and AI squeeze out entry-level jobs.

fortune.com · Jun 18, 2026 · 1 min read
Joshua Baer, the architect of Austin’s tech scene, dies at 50
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Joshua Baer, the architect of Austin’s tech scene, dies at 50

The self-described “Austinpreneur” founded the venture capital firm Capital Factory. He died when a small jet crashed on a Texas highway.

fortune.com · Jun 18, 2026 · 1 min read
Google DeepMind unveils plan to protect itself from its own rogue AI agents
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Google DeepMind unveils plan to protect itself from its own rogue AI agents

For years, AI safety research focused on 'alignment.' The Google DeepMind roadmap assumes some AI agents may go rogue, and focuses on monitoring and access control.

fortune.com · Jun 18, 2026 · 1 min read
Current price of oil as of June 18, 2026
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Current price of oil as of June 18, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

fortune.com · Jun 18, 2026 · 1 min read
The next-generation ‘Tiger Cubs’ who see the AI bubble risk—and know exactly where the next trade is
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The next-generation ‘Tiger Cubs’ who see the AI bubble risk—and know exactly where the next trade is

Maverick Capital's co-CIOs Ben Silver and David Tykocinski have spent four years quietly outperforming their peers.

fortune.com · Jun 18, 2026 · 1 min read
We’ve now got the full text of the U.S.-Iran peace deal—and allies are appalled at the gains it hands to Iran
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We’ve now got the full text of the U.S.-Iran peace deal—and allies are appalled at the gains it hands to Iran

Everything you need to know before you reach the office this morning.

fortune.com · Jun 18, 2026 · 1 min read
A $5.6 billion valuation and rapid global expansion—this AI European-scaler even threw in a free Jude Law
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A $5.6 billion valuation and rapid global expansion—this AI European-scaler even threw in a free Jude Law

Legora’s AI is shaking up the legal profession, while its Jude Law-fronted ad campaign has made law a dinner-party topic.

fortune.com · Jun 18, 2026 · 1 min read
Kevin Warsh’s hawkish tone: What CEOs need to know about rates today
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Kevin Warsh’s hawkish tone: What CEOs need to know about rates today

Also: All the news and watercooler chat from Fortune.

fortune.com · Jun 18, 2026 · 1 min read
Whatnot is worth $11.5 billion—and its sellers just hit one billion orders
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Whatnot is worth $11.5 billion—and its sellers just hit one billion orders

Whatnot—which in October raised a $225 million Series F, with an $11.5 billion valuation—has been in the midst of a serious growth spurt.

fortune.com · Jun 18, 2026 · 1 min read
A wave of CFO retirements is reshaping the Fortune 500—AT&T’s Pascal Desroches is the latest
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A wave of CFO retirements is reshaping the Fortune 500—AT&T’s Pascal Desroches is the latest

Jennifer Biry was named AT&T's next CFO, bringing a blend of telecom, tech, and operational experience.

fortune.com · Jun 18, 2026 · 1 min read