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The Latest Breaking News from Fortune

AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council

The council brings together finance leaders from tech-forward and legacy companies.

Fortune

Will ServiceNow’s strong Q2 earnings beat finally allow the company to escape the SaaSpocalypse?

ServiceNow beat Q2 Wall Street consensus estimates and raised revenue forecasts. The company’s shares now show signs of escaping the “SaaSpocalypse.”

Fortune

Coinbase invests in tokenized version of Abu Dhabi’s sovereign wealth fund

Infrastructure provider KAIO will build the architecture necessary to tokenize Mubadala’s private‑markets fund.

Fortune

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Moonshot, DeepSeek, and the Great Chinese AI IPO Rush

Beijing's AI leaders are rushing toward the public markets, using IPOs to fund an escalating arms race against U.S. frontier models.

Fortune

The GLP-1 paradox: too expensive to cover, too effective to cut

A founder and a former HHS CTO agree: GLPs are breaking the healthcare system. We need to move away from drug-first or diet-first obesity care.

Fortune

Teneo & Thoughtworks CEOs: the AI race will be won with governance, not speed

Something's about to break: 53% of investors want AI payback in six months. Only 16% of CEOs think they can deliver it.

Fortune

General James 'Spider' Marks: there's a strategic risk hidden inside closed AI systems

The escalating friction between Washington and Silicon Valley’s frontier AI giants shows just how fragile trust between has become.

Fortune

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Michael Muthukrishna: The 'lone genius' myth is wrong and it’s holding back your business

LSE and NYU Professor Michael Muthukrishna on the "collective brain" and how Darwin wasn't first, neither was Newton. Here's why that matters for leaders.

Fortune

Trump faces a catch-22 on Iran because of midterms, says his former commerce secretary: Face inflation furor or withdraw and look weak

“The war itself, in a kind of technical sense, is over … The question is, can we win the peace? And that’s what Hormuz is about,” Trump’s former commerce secretary, Wilbur Ross, exclusively tells Fortune.

Fortune

The hidden cost of AI: Why your town is negotiating with Amazon and Microsoft

Hobart’s tax levy is $25 million, yet it secured $200 million in commitments from Amazon — as $130 million in data centers were blocked over three months.

Fortune

Current price of oil as of July 23, 2026

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

Fortune

Google just posted the biggest quarterly profit ever—$112 billion—and Wall Street is punishing it for doing so

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

Fortune

CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple

Also: All the news and watercooler chat from Fortune.

Fortune

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

The $75 million gift to establish an art, architecture and design college is the largest Huang has ever made to a university.

Fortune

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Fortune

Europe does not need more ambition. It needs to stop hiding it

Thijn Lamers says European humility, not weak products, is holding back the next Adyen.

Fortune

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

Spain may have won the 2026 FIFA World Cup, but for many players the celebration comes with an unexpected opponent.

Fortune

How GE CEO Larry Culp pulled off the turnaround of the century

GE was teetering on collapse when Culp arrived. Eight years later, its three successor companies are worth nearly $700 billion combined.

Fortune

Hasbro’s growth strategy isn’t just about kids anymore—it’s about ‘kidults’

CEO Chris Cocks is betting the toymaker’s future on grownup collectors, card games, and nostalgia—and Wall Street likes what it’s seeing.

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Fortune

Anthropic and SpaceX just handed Google the biggest profit quarter in company history—on paper

A $99 billion markup on stakes in Anthropic and SpaceX delivered more than two-thirds of Alphabet's stunning $112 billion profit.

Fortune

'It's called StreetEasy, not StreetHard': Mamdani cracks down on scourge of 'housefishing’ and 'real estate slop'

The New York mayor's proposal would require landlords, brokers and listing platforms to disclose AI-generated or digitally altered rental photos.

Fortune

As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned

The Nvidia CEO said open source AI models could fuel more demand for chips and data centers.

Fortune

OpenAI’s rogue hacking incident was a warning shot. Will it be a wake-up call to finally create AI safety regulation?

AI policy experts and safety researchers call the AI agents’ attack on Hugging Face “a wake-up call.”

Fortune

Meet ‘Memi,’ the $3 trillion memory boom powering small-caps, emerging markets, and Japan

Micron Technology, SK Hynix, and Samsung hit $1 trillion or more in market cap this year due to surging demand for memory chips.

Fortune

OpenAI's models went rogue and hacked Hugging Face. More concerning behavior may be next

AI safety researchers warn that smarter models are getting better at gaming the system to get what they want—and could start hiding their intentions.

Fortune

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

The Treasury Secretary says he hasn’t been to Fort Knox, but said all $600 billion in gold there is “present and accounted for.”

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