Advertise

Get the App

Scan with your phone to download. 35,000+ assets in your pocket.

App Store

The global leaderboard of wealth: $1.2 Quadrillion of Assets ranked by Market Cap

News

A ‘MAGA Warrior’ Texas ag chief is publicly blasting the USDA over a flesh-eating pest threatening America’s beef supply
Macro

A ‘MAGA Warrior’ Texas ag chief is publicly blasting the USDA over a flesh-eating pest threatening America’s beef supply

The flesh-eating New World screwworm fly was found in Texas last week for the first time since 1966.

fortune.com · Jun 10, 2026 · 1 min read
Saudi economy redraws ambitions—‘going local’ is the new buzz phrase
Macro

Saudi economy redraws ambitions—‘going local’ is the new buzz phrase

Saudi Arabia's economy is undergoing a significant transformation as the Public Investment Fund (PIF) opts for local leadership and re-evaluates major giga projects like Neom. With the IMF downgrading the GDP growth forecast and projected deficits looming, the kingdom is shifting its focus towards domestic investment and sustainable value creation in an effort to align with its Vision 2030 goals. ## BODY: Saudi Arabia, a nation that has long relied on oil revenues to power its economy, finds i

assetmarketcap.com · Jun 10, 2026 · 5 min read
From the Trump administration to Kevin O’Leary, there’s a new narrative that China is to blame for plummeting data center popularity
Macro

From the Trump administration to Kevin O’Leary, there’s a new narrative that China is to blame for plummeting data center popularity

“China is a common and comfortable boogeyman in American politics, for right or for wrong,” one political scientist told Fortune.

fortune.com · Jun 10, 2026 · 1 min read
Health care’s AI dividend is real. The fight now is over who reaps the gains
Macro

Health care’s AI dividend is real. The fight now is over who reaps the gains

Also: All the news and watercooler chat from Fortune.

fortune.com · Jun 10, 2026 · 1 min read
Saudi economy redraws ambitions—‘going local’ is the new buzz phrase
Macro

Saudi economy redraws ambitions—‘going local’ is the new buzz phrase

After a decade of dizzying investments, Saudi Arabia is now focused on domestic priorities.

fortune.com · Jun 10, 2026 · 1 min read
America’s emergency oil reserve is about to hit its lowest level since Reagan was in office
Macro

America’s emergency oil reserve is about to hit its lowest level since Reagan was in office

The Trump Administration has drained 66 million barrels from the SPR since the war in Iran began.

fortune.com · Jun 10, 2026 · 1 min read
Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term
Macro

Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term

“I’m hesitant to lean into the stablecoin and agentic commerce narratives too much,” Chris Suh, Visa’s chief financial officer, tells Fortune.

fortune.com · Jun 10, 2026 · 1 min read
A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs
Macro

A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs

Only one bank can occupy the coveted lead underwriter position for this year's hottest AI IPOs.

fortune.com · Jun 10, 2026 · 1 min read
Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says
Macro

Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says

U.S. cybersecurity giant CrowdStrike said China-based entities made over half of state-sponsored cyberattacks on tech firms for artificial intelligence assets.

cnbc.com · Jun 10, 2026 · 1 min read
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
Macro

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

The Wonder founder is automating fast-casual food with machines that make salad and poke bowls, sauces, and eventually drinks but there are few roles for humans in these kitchens.

fortune.com · Jun 10, 2026 · 1 min read
Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim
Macro

Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim

After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP.

fortune.com · Jun 09, 2026 · 1 min read
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
Macro

Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint

A midday rout in the "Parabolic 7" chipmakers reversed by the close as money fled into the market's dullest corners.

fortune.com · Jun 09, 2026 · 1 min read
Texas ICE facility spent $11.5 million on guards, medical services, transportation and meals weeks before the camp even held detainees, GAO finds
Macro

Texas ICE facility spent $11.5 million on guards, medical services, transportation and meals weeks before the camp even held detainees, GAO finds

The Government Accountability Office found a detainee escaped in October and a security guard lost a loaded firearm inside the facility that was never recovered. Additionally, the contractor failed to administer tuberculosis skin tests to s

fortune.com · Jun 09, 2026 · 1 min read
AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO
Macro

AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO

As companies move beyond AI pilots, Hyatt says the technology is delivering measurable business results.

fortune.com · Jun 09, 2026 · 1 min read
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise
Macro

America’s grid is reeling. General Motors offers itself as a distributed utility in disguise

As AI data centers strain the grid, GM wants to turn its EVs and batteries into a solution. Ford has a simpler plan—and the two Detroit rivals are betting on very different futures.

fortune.com · Jun 09, 2026 · 1 min read
Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race
Macro

Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race

The U.S. must build much more power, storage, and better utilize the existing grid in order to keep the AI boom moving at pace said Tesla cofounder and Redwood Materials boss JB Staubel at the Fortune Brainstorm Tech conference.,

fortune.com · Jun 09, 2026 · 1 min read
Trump’s 80th birthday present is a UFC cage on the South Lawn of the White House
Macro

Trump’s 80th birthday present is a UFC cage on the South Lawn of the White House

The South Lawn is sometimes called America’s backyard.

fortune.com · Jun 09, 2026 · 1 min read
Trump’s $100,000 visa fee is dead in one court and alive in another, setting up Supreme Court brawl
Macro

Trump’s $100,000 visa fee is dead in one court and alive in another, setting up Supreme Court brawl

H-1B visas are meant for high-skilled jobs that are difficult to find American workers to fill.

fortune.com · Jun 09, 2026 · 1 min read
FIFA says ‘market rates’ explain World Cup prices. Economists say the market was rigged by design
Macro

FIFA says ‘market rates’ explain World Cup prices. Economists say the market was rigged by design

FIFA launched its own resale marketplace and collects 30% on every ticket resold. Economists say it was designed to extract revenue at every stage.

fortune.com · Jun 09, 2026 · 1 min read
The AI industry spent years chasing bigger models. Now it’s chasing efficiency
Macro

The AI industry spent years chasing bigger models. Now it’s chasing efficiency

After years of pursuing ever-larger models, AI leaders are increasingly focused on efficiency, adaptability, and the rising cost of inference.

fortune.com · Jun 09, 2026 · 1 min read
China’s exports to the US are surging at a pre-Liberation Day pace, defying Trump’s tariff goals
Macro

China’s exports to the US are surging at a pre-Liberation Day pace, defying Trump’s tariff goals

Chinese exports to the U.S. surged more than 35% from the year before, as analysts say the recent YOY improvement has to do Trump's tariffs.

fortune.com · Jun 09, 2026 · 1 min read
‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI
Macro

‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI

Since stepping into the Xbox CEO role, Asha Sharma has preached a "return of Xbox."

fortune.com · Jun 09, 2026 · 1 min read
Should Americans get an equity stake in AI? Trump and progressive Democrats float public ownership of AI
Macro

Should Americans get an equity stake in AI? Trump and progressive Democrats float public ownership of AI

In an unusual cross-ideological convergence, Trump and progressive Democrats like Bernie Sanders are both floating some form of public equity in AI.

fortune.com · Jun 09, 2026 · 1 min read
Kalshi trading in 'perps' crosses $1 billion in volume within a week of launch
Macro

Kalshi trading in 'perps' crosses $1 billion in volume within a week of launch

A spokesperson for the company said that the product is the fastest growing in the prediction market platform's history.

cnbc.com · Jun 09, 2026 · 1 min read
‘Getting control where we can’: Europe wants sovereign AI, but most of the chips are from the U.S.
Macro

‘Getting control where we can’: Europe wants sovereign AI, but most of the chips are from the U.S.

At Fortune Brainstorm Tech, Mistral’s Timothée Lacroix made the case for European control over the AI stack.

fortune.com · Jun 09, 2026 · 1 min read
A $200 million Boomer estate, millennial heir Nick Reiner, and the dark side of the Great Wealth Transfer
Macro

A $200 million Boomer estate, millennial heir Nick Reiner, and the dark side of the Great Wealth Transfer

The fight over a trust is a grim preview of what happens when the largest inheritance in history runs into a family at war.

fortune.com · Jun 09, 2026 · 1 min read