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The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

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The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

1

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

2

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

Big Tech

Big Tech

Chevron employees examine a new GE Vernova gas turbine.

How Chevron became the AI darling of Big Oil

Chevron’s West Texas data center deal with Microsoft may jumpstart a new Big Ol and AI trend.

By Jordan BlumAugust 8, 2026

People look at a Google Earth map of Paris,France on a screen as Google Earth.

Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images

By Joshua HongAugust 7, 2026

A customer tries out a newly-released Samsung Galaxy Z Fold8 smartphone at a Samsung store.

Samsung pre-orders for latest foldables jump 30% from last year

By Bloomberg and Chris WelchAugust 7, 2026

zuck

Meta hit with half-billion fine, compared by judge to polluting factory. Its stock fell half a percent

By Barbara Ortutay, Wufei Yu and The Associated PressAugust 7, 2026

‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?

‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?

By Kamal AhmedAugust 7, 2026

Meta becomes third major AI lab after Anthropic and OpenAI to admit its agents have gone rogue—one day after Muse Code launch

By Mia OsmonbekovAugust 6, 2026

Latest stories from Fortune

Southern Europe’s anti-immigrant attitude on display as Spain, Italy start checking each other’s passports

By The Associated PressAugust 8, 2026

el-sayed

Michigan Democrats try to convince voters they don’t hate each other after vicious, photo-finish primary

By Jacqueline Ganun and The Associated PressAugust 8, 2026

The U.S. archivist Trump fired last year got Obama, Bush and Clinton to write about giving up power

By Calvin Woodward and The Associated PressAugust 8, 2026

scalia

Waiting 26 years ‘for this shoe to drop’: Musk’s AI company joins the fight to strip citizens of their power to sue

By Michael Phillis and The Associated PressAugust 8, 2026

This 17-year-old grew up in ‘survival mode,’ then saw her college enrollment evaporate. ‘I’m definitely not really over that’

By Matt Brown, Terry Tang, Corey Williams and The Associated PressAugust 8, 2026

Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states

Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states

By Ty O'Neil, Dorany Pineda and The Associated PressAugust 8, 2026

Appeals court blocks Trump’s White House ballroom for now, saying it’s up to Congress and ‘not a matter for Executive self-help’

Appeals court blocks Trump’s White House ballroom for now, saying it’s up to Congress and ‘not a matter for Executive self-help’

By Darlene Superville, Michael Kunzelman and The Associated PressAugust 8, 2026

Samuel Alito defends his court decisions. ‘If that means a high correlation with what Trump wants, fine. If it means zero correlation…fine as well’

Samuel Alito defends his court decisions. ‘If that means a high correlation with what Trump wants, fine. If it means zero correlation…fine as well’

By The Associated PressAugust 8, 2026

More Big TechPage 43 of 69

How a 23-year-old former OpenAI researcher turned a viral AI prophecy into profit, with a $1.5 billion hedge fund and outsize influence from Silicon Valley to D.C.

By Sharon GoldmanOctober 8, 2025

Larry Ellison

Meet Larry Ellison, the 81-year-old tech billionaire-turned-media mogul

By Jessica CoacciOctober 8, 2025

Jensen Huang shrugs off Trump’s $100K visa fee, says Nvidia will foot the potential $147 million bill anyway: ‘Legal immigration remains essential’

Jensen Huang shrugs off Trump’s $100K visa fee, says Nvidia will foot the potential $147 million bill anyway: ‘Legal immigration remains essential’

By Marco Quiroz-GutierrezOctober 8, 2025

Meta AI on a laptop and phone.

Section 230 protected social media companies from legal responsibility for misinformation. AI chatbots could be about to change that.

By Beatrice NolanOctober 8, 2025

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Dec. 19, 2018.

Investors can’t hold back their AI bubble jitters anymore as gold pushes beyond $4,000 per ounce

By Elaine Kurtenbach, Matt Ott and The Associated PressOctober 8, 2025

Chris Bair

A world without data centers (404: your life not found)

By Chris BairOctober 8, 2025

Jensen Huang

75% of gains, 80% of profits, 90% of capex—AI’s grip on the S&P is total and Morgan Stanley’s top analyst is ‘very concerned’

By Nick LichtenbergOctober 7, 2025

Sam Altman

Dizzying deal delirium: How the AI bubble bursts

By Jeffrey Sonnenfeld and Stephen HenriquesOctober 7, 2025

OpenAI CEO Sam Altman on stage in front of a sign that says "GPT-5 Pro" at the company's DevDay on October 6, 2025.

OpenAI builds apps into ChatGPT, in a bold bid to make AI the ‘universal interface’ to our digital lives

By Jeremy KahnOctober 7, 2025

Kipp Deveer

Data center boom brings risks of overbuilding, Ares says

By Meg Short and BloombergOctober 7, 2025

Legendary Apple designer Jony Ive wants to fix our relationship with the phones he helped create—and has up to 20 different OpenAI gadgets to do so

Legendary Apple designer Jony Ive wants to fix our relationship with the phones he helped create—and has up to 20 different OpenAI gadgets to do so

By Marco Quiroz-GutierrezOctober 7, 2025

John Chambers

Former Cisco CEO John Chambers navigated the dot-com crash—now he sees the same red flags with AI

By Jessica CoacciOctober 7, 2025

Sarah Keohane Williamson

The public company isn’t dead, it’s misunderstood

By Sarah Keohane WilliamsonOctober 7, 2025

AI came from tech, but the most advanced AI businesses are in every industry

AI came from tech, but the most advanced AI businesses are in every industry

By John KellOctober 7, 2025

David Ellison

Arts & Entertainment

David Ellison says he’s confident Bari Weiss ‘will invigorate CBS News’ as new editor-in-chief

By David Bauder and The Associated PressOctober 6, 2025

Lisa Su gestures

AMD stock jumps on OpenAI deal as Big Tech seeks to reduce reliance on Nvidia

By Sharon GoldmanOctober 6, 2025

David Stout

The AI bubble will pop. Intelligence won’t

By David StoutOctober 6, 2025

ICE

ICEBlock creator devastated by Google, Apple decision to remove app after pressure from ‘authoritarian regime’

By Wyatte Grantham-Philips, Matt O'Brien, Kelvin Chan and The Associated PressOctober 5, 2025

two men in dark suits standing in front of a window

These co-CEOs swear by splitting the job: ‘The demands on a modern CEO are close to unsustainable’

By Amanda GerutOctober 5, 2025

‘We’re not guinea pigs’ — Cities fight plans for large battery energy storage systems over fears they will go up in flames

‘We’re not guinea pigs’ — Cities fight plans for large battery energy storage systems over fears they will go up in flames

By Michael Hill and The Associated PressOctober 4, 2025

Amazon's founder Jeff Bezos applauds as he speaks with Stellantis' Chairman John Elkann on stage during the Italian Tech Week 2025, at OGR Officine Grandi Riparazioni, in Turin, northern Italy, on October 3, 2025.

Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

By Nino PaoliOctober 4, 2025

Landlords

America’s landlords settle claim they used rent-setting algorithms to gouge consumers nationwide for $141 million

By R.J. Rico and The Associated PressOctober 3, 2025

Goldman Sachs’ David Solomon on whether AI is a bubble: Maybe, but ‘it’s not different’ from all the other market manias

Goldman Sachs’ David Solomon on whether AI is a bubble: Maybe, but ‘it’s not different’ from all the other market manias

By Marco Quiroz-GutierrezOctober 3, 2025

Fortune 500 Power Moves: Which executives gained and lost power this week, Sept. 27-Oct. 3, 2025

Fortune 500 Power Moves: Which executives gained and lost power this week, Sept. 27-Oct. 3, 2025

By Fortune EditorsOctober 3, 2025

Alexandr Wang

Gen Z billionaire Alexandr Wang tells 13-year-olds they should be more like Bill Gates, who snuck out of the house to code at night

By Jessica CoacciOctober 3, 2025

Elon Musk stands in front of a Cybertruck

Parents sue Tesla after their 19-year-old daughter died in her Cybertruck, alleging faulty door design made it impossible to escape the burning car

By Dave SmithOctober 3, 2025

stock broker

Paul Hastings partners: Key takeaways for public companies facing short-seller reports

By Tim Reynolds, Scott Carlton, Sean Donahue and Alyssa TapperOctober 3, 2025

Sam Altman

Sam Altman on AI bubble: ‘People make some dumb capital allocations’ from time to time

By Matt O'Brien and The Associated PressOctober 3, 2025

Mira Murati in a red dress in front of some trees

Meet Mira Murati, the 36-year-old tech prodigy who shot to fame at OpenAI and now runs a startup that’s a poaching target for Mark Zuckerberg

By Dave SmithOctober 3, 2025

Eva Roytburg shows off her friend.com necklace in front of a poster advertising the friend

I tried the viral AI ‘Friend’ necklace everyone’s talking about—and it’s like wearing your senile, anxious grandmother around your neck

By Eva RoytburgOctober 3, 2025

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Most Popular

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

placeholder alt text

By Jason MaAugust 7, 2026

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

placeholder alt text

By Eva RoytburgAugust 8, 2026

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

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By Sydney LakeAugust 8, 2026

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