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The Latest Breaking News from Fortune

Two mystery customers alone were responsible for nearly 40% of Nvidia's quarterly revenue

Nvidia saw a 56% jump in year-over-year revenue in the second quarter.

Fortune

Forget the golden age of fraud, the billionaire investor who shorted Enron warns we might be in the ‘diamond or platinum level’ amid the AI boom

“When it comes to financial fraud specifically, there’s no question we’re seeing more of it—especially riding the wave of the current AI-driven market boom,” short-seller Jim Chanos said.

Fortune

Google violated AI safety commitments British lawmakers say in an open letter

An open letter signed by 60 U.K. politicians accuses Google DeepMind of breaking international AI safety commitments by delaying the release of Gemini 2.5 Pro’s safety report.

Fortune

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Millions of student loan borrowers are bracing to have up to 15% of their wages garnished by the government

Some student loan borrowers could be left with only $217 per week.

Fortune

PCE data paints a solid picture, but hidden cracks show tariffs quietly squeezing U.S. consumers—and weak job growth could put them over the edge

Never underestimate the U.S. consumer, economists say.

Fortune

'AI shame' is running rampant in the corporate sector—and C-suite leaders are most worried about getting caught, survey says

“Companies are not educating enough about this whole thing,” WalkMe’s CHRO Sharon Bernstein told Fortune. “You want people not to fear to admit that they use it, right?”

Fortune

The first battle in the war on Fed independence takes shape today at Lisa Cook’s emergency hearing

Trump’s bid to oust Fed governor Lisa Cook faces a legal showdown as she sues to block her removal, escalating the fight over Fed independence.

Fortune

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What’s better than a $100 million job offer?

Vibrant corporate cultures, meaningful missions, and strong teams help companies keep their best employees from defecting. (But better pay helps, too.)

Fortune

Trump’s EV tax credit cuts are fueling a U.S. battery surplus that could lead to factory cancellations, ‘a poison pill for U.S. manufacturing hopes’

“If you believe—as many people do—that batteries are a key technology as the world moves towards more electrification, that’s not a good scenario,” one expert said.

Fortune

$16 billion Twilio CEO has been waking up and working from 4:30 a.m. since college—he says it’s why he was CFO of a multi-billion-dollar brand by 31

EXCLUSIVE: Running a $16 billion company looks like 4:30 a.m. starts, working on Sundays and running laps around the house to blow off steam—and Twilio’s CEO says all his peers have similarly strict routines.

Fortune

There's an upside to Trump tariff disruptions that could boost the bottom line for American businesses, global supply chain expert says

Kerim Kfuri outlines five ways businesses can tackle tariffs.

Fortune

Don’t envy Nvidia CEO Jensen Huang—he’s hamstrung by Washington and Beijing

Also: All the news and watercooler chat from Fortune.

Fortune

New home inventory is at its highest level since just before the housing market collapse that led to the Great Recession, but that doesn't mean it's the same market

Since roughly 2022, ResiClub co-founder Lance Lambert told Fortune, "the national power dynamic has slowly been shifting from sellers to buyers."

Fortune

Nvidia’s China-based rival posts 4,300% revenue jump as chipmaker’s earnings reported no H20 chip sales to the country

The sales surge reflects Beijing’s push for local players amid geopolitical tensions.

Fortune

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Windows Central

The AI bubble may be about to pop — here’s what MIT’s 95% failure stat means

Billions of dollars are being poured into AI development, but most pilot programs don't succeed.

Fortune

Over half of professionals think AI trainings feel like a second job, LinkedIn survey finds

The mounting pressure to upskill in AI is “fueling insecurity,” LinkedIn says, with a third admitting they “feel embarrassed by how little they understand it.”

Fortune

A tax company in Kansas City gave thousands of workers the afternoon off to celebrate Taylor Swift and Travis Kelce’s engagement

Taylor Swift and Travis Kelce’s engagement didn’t just break the internet—it paused the workday for thousands at H&R Block’s Kansas City headquarters.

Fortune

In a frozen luxury housing market, buyers are asking to 'try before you buy' and having sleepovers in multimillion-dollar mansions

Sellers are trying new tactics to get the most money for their homes.

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news in one place.

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Benzinga

Do You Want Kevin O'Leary To Invest In Your Business? Check These Three Boxes

You may not like "Shark Tank" star and billionaire Kevin O'Leary, but you can't deny he knows a good investment when he sees one. O'Leary discussed the three traits he looks for in a founder before investing in their startup during a recent interview with Fortune.

Fortune

Crypto startup M0 raises $40 million to build out stablecoin network

Polychain and Ribbit Capital led the round, with participation from existing investors like Pantera and Bain Capital Crypto.

Fortune

Crypto hoarding brings a stock pop for small firms—and in some cases shows patterns of possible insider trading

Cancer drug developer MEI Pharma saw its stock almost double in the days before it committed to a crypto treasury strategy.

Fortune

Investors like Kohl’s turnaround plan despite risk that cuts will hurt sales in the long run

Also: All the news and watercooler chat from Fortune.

Fortune

‘It’s like when you see the tsunami coming in’: Agricultural economists are sounding the alarm about produce prices doubling

Consumers “don’t have a clue what’s going on,” said Raymond Robertson, a labor economist.

Fortune

George Kurtz on CrowdStrike’s $290 million Onum acquisition and cybersecurity M&A

CrowdStrike, which went public in 2019, is a longtime acquirer, and has acquired data observability startup Onum for about $290 million.

Fortune

Investors are looking at bargains in China, says HSBC investment boss, pushed by AI discounts and fears over Trump 2.0

HSBC’s Willem Sels tells Fortune in an exclusive interview that while U.S. markets remain resilient, geopolitical uncertainty is pushing investors to diversify portfolios—particularly into China.

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