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Fortune
Fortune
Jim Edwards

Iran strikes 85 U.S. military sites in the Gulf, sparking a global selloff in stocks and a spike in the price of oil

Photo: President Trump. (Credit: Photo by Win McNamee/Getty Images)

Good morning. On Fortune’s radar today:

  • Iran bombs 85 U.S.-allied sites in the Middle East.
  • Markets: Oil surges, stocks slide on war fears.
  • AI capex is hurting hyperscaler profits, ING says.
  • Fortune ’s new AI podcast ( made by humans !)
  • You are more likely to inherit a business than buy one.
  • Why you should know about Paris Hilton’s 11-month imprisonment .

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