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The Latest Breaking News from Fortune

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

Overall prediction market bets tied to the World Cup on Kalshi and Polymarket have collectively exceeded $29 billion in total trading volume.

Fortune

The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz

The coverage ratio for hyperscaler bond issuance tumbled from 5x in February 2026 to below 2x in July.

Fortune

With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises

Palantir CEO Alex Karp expects his fortune to grow to $300 billion thanks to AI—he says the U.S “biggest problem” is wealth going to unrelatable tech bros.

Fortune

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Fortune 500 Power Moves: Which executives gained and lost power this week (July 11–17, 2026)

See which Fortune 500 companies are making changes to their C-suite ranks.

Fortune

Netflix stock hits a 52-week low after earnings—but analysts say investors are missing the bigger picture

There may be a growth story brewing at Netflix that the market is missing.

Fortune

Esther Perel has a warning for executives: Your workforce is suffering from social atrophy and AI is making it worse

Europe's boardrooms have spent the past year fixated on productivity, AI adoption, and the search for growth in a stagnant economy. Esther Perel thinks they're missing a more urgent problem.

Fortune

Former Obama official on AI anxiety and the depression nobody remembers — and the training model that gives him hope

A 22-year-old with an AI assistant can now do what once took a consulting team. Anthropic is betting on its "Claude Corps."

Fortune

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Even before he was wealthy, Warren Buffett planned to give away all his money—now he doesn't check on his children's charities to see how they use it

"I tell the three children that it is theirs and it's their responsibility to get it done well," Buffett said.

Fortune

The VC betting $5.4 billion that Suno is the future of music

Menlo's Amy Wu Martin says the AI music startup's real business isn't hit songs—it's a new habit of making music just for yourself.

Fortune

Tech stocks lead steep global selloff as investors lose faith in AI chip trade

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

Fortune

The dollar's demise has been predicted for 55 years. The BCG Institute says it's still overstated

Everyone's writing the dollar's obituary. They're ignoring that every rival has bigger problems than America does.

Fortune

Current price of oil as of July 17, 2026

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

Fortune

American workers are retreating into silos. CEOs can bridge the gap

Also: All the news and watercooler chat from Fortune.

Fortune

How Apollo-owned Michaels turned two rivals' bankruptcies into a growth strategy

The arts and crafts retailer leaning on party supplies and fabric to end years of stagnation.

Fortune

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Fortune

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

Two organizations targeted by O’Leary say his comments caused “significant economic losses, severe emotional distress, and ongoing threats to their physical safety.”

Fortune

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

“The Middle East conflict is really driving more inflation…so we are going to use the majority of the tariff refund to offset these higher costs,” the McCormick & Company CFO said.

Fortune

Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory

“K3 stands as Moonshot AI's most powerful open-source coding model to date,” Moonshot AI wrote in a press release.

Fortune

Netflix used AI to make 17 minutes of a documentary 'twice as fast and at half the cost'—as streaming competition drives up content spending to $20 billion

The streaming company touted the efficiencies of AI in its Q2 earnings, while stressing that movies will still be 'made by people who make movies.'

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Fortune

Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack

Airbnb CEO Brian Chesky appears to have been the target of a cyberattack, sources tell Fortune.

Fortune

Jeff Bezos' Blue Origin is boosting employee pay to compete with SpaceX—but an advisor warns of 'golden handcuffs'

Jeff Bezos's space company is reportedly sweetening employee stock packages, but workers who leave for a competitor within 18 months could forfeit it all.

Fortune

Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, and reveals he was behind Berkshire’s $31 billion bet on Google

Buffett’s remarks helped push Google co-founder Larry Page’s net worth above $300 billion as he predicts Google dominating the AI race.

Fortune

Kalshi pulls plug on flight cancellation contracts after social media blowback

The prediction markets company has planned to offer the wagers as a way to hedge travel risks, but critics warned the contracts could be misused.

Fortune

Microsoft CEO Satya Nadella warns enterprises that AI labs are quietly mining customer data to build competing products

Microsoft's Satya Nadella and Palantir's Alex Karp are both warning enterprises that AI labs are quietly mining the data that makes them valuable.

Fortune

The global rich like Peter Thiel are eyeing the exit door. Argentina wants to be a ‘serious contender’ in the migration game

An incoming citizenship-by-investment scheme could turn Argentina into the next backup plan for the ultra-wealthy hedging against risks at home

Fortune

Trump has tried to decouple from China, but ending U.S. reliance on the country would cost America nearly $14 trillion, EY warns

“We're not going to achieve these levels of investments,” EY-Parthenon partner Mats Persson told Fortune.

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