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Meta stock cuts losses after major executive hire confirmed
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Retail CEOs see a holiday paradox: shoppers are anxious but still willing to spend
In today’s CEO Daily: A look ahead at the 2026 holiday season. The big leadership story: Meta’s Muse AI takes off—and draws backlash. The markets: Mixed after Trump reported having a ‘very good meeting’ with Iran. Plus: All the news and watercooler chat from Fortune. Good morning. Phil Wahba writing from New York this morning.…
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Memo smearing Anthropic’s Amodei circulated in White House before CEO’s dinner with President Trump
Good morning. On Fortune’s radar today: Anthropic’s Amodei targeted in smear memo ahead of White House dinner. Prize crude: $600 million of seized Iranian oil heads for the U.S. U.S. factories are shrinking, except for tech. Markets: Oil up, stocks down. Why the stock market is ignoring the bond market. Solar gets cheap and takes…
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How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia
Hi, it’s Preston Fore, in for Allie. Earlier this month, defense tech firm Mach Industries raised $600 million in a Series C extension at a $3.7 billion valuation. That’s more than double the $1.8 billion valuation Mach reached just three months earlier when it raised its initial $300 million Series C led by Ribbit Capital,…
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The economist who coined the phrase ‘Magnificent 7’ says the very thing that made them extraordinary is under threat
It was May 2023 when Bank of America’s Michael Hartnett took inspiration from the Wild West, coining the phrase “Magnificent 7” for a group of American companies that have proved to be the main driver of the stock market during an AI boom. And while the Mag 7—Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla—remain…
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U.K. government’s AI lead has a message on frontier risks—it’s time to ‘harden and build defenses’
The U.K. government’s minister for artificial intelligence has warned that nations will need to “harden their defenses” against AI risk after a former Anthropic employee said that a human extinction-level event could happen in the next decade. Answering a question from Fortune on the claim by former Anthropic worker, Jacob Coxon, Kanishka Narayan said he took the warnings seriously. Coxon warned in a post…
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Streamsong’s New Bone Valley Course Stands Apart From Golf Neighbors
Streamsong’s new Bone Valley course designed by David McLay Kidd opens with smaller greens, a fossil-inspired name and a strategic test that rewards precision over power.
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Monday, September 28. Russia’s War On Ukraine: News And Information From Ukraine
Dispatches from Ukraine. Day 1676.
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ALPHA DRIVE ONE Brings Their ‘Unbreakable: Fragile Beast’ To U.S. Fans
ALPHA DRIVE ONE talks about their U.S. takeover, KCON LA, meeting international fans, their latest EP Unbreakable: Fragile Beast, and bringing music to the American fans.