The Brutalist Report

Fortune

• AI is primarily a blue state problem, and Democrats have the most to lose amid brewing voter ‘techlash’ [1h]
• SpaceX and Anthropic are about to go public—and your 401(k) may be forced to buy in [1h]
• What Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain [1h]
• Walmart CEO John Furner worked his way up from the garden center. After 30 years, he’s sharing the one trait that matters most in his job [2h]
• What Christie’s $1.45 billion blockbuster art auction tells us about the ‘Great Wealth Transfer’ [2h]
• A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return [2h]
• American Airlines is suspending some summer routes thanks to the cost of jet fuel [2h]
• 10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy [2h]
• Gen Zers are more disconnected and distrustful of coworkers than their older colleagues—and they’re so lonely they’re taking days off work [3h]
• Europe wants more control over global AI services. America is warning them to take care—and history is on their side [3h]
• Amazon and Google have billions riding on Anthropic. The IPO will finally reveal how much. [4h]
• I bought peptides with crypto. How my purchase helped fuel a $100 million gray-market, ‘looksmaxxing’ economy [4h]
• Scott Bessent says America’s in a ‘manufacturing renaissance,’ so where are the jobs? [4h]
• Jamie Dimon sees ‘gung-ho’ attitude and ‘exuberance’ in markets—just like 1972, 1986, 2000 and 2007. Uh Oh. [4h]
• Ray Dalio warns the stock market is approaching 1929 and 2000 bubble levels—but another crisis is ‘past the point of no return’ [4h]
• ‘If not now, when?’: Melinda French Gates on acting without fear as a philanthropist in the Trump era [5h]
• Current price of oil as of June 4, 2026 [5h]
• Albanian protesters are furious about a giant development on a virgin beach that Jared Kushner and Ivanka Trump discovered on vacation [5h]
• ‘My first response is, it started in 1968 — not a bad run’: Some see the death of 60 Minutes after Pelley’s firing, ‘murder’ comments [5h]
• Flesh-eating fly found in Texas cattle for first time in decades [5h]
• Scott Bessent on whether Trump is immune from IRS audits: ‘I’m unable to comment on ongoing litigation’ [5h]
• Melinda French Gates launches menopause initiative with $215 million pledge [5h]
• Why SpaceX is breaking the IPO playbook with a $75 billion fixed-price offering [6h]
• BT’s CEO is bringing football logic to Britain’s digital future [7h]
• What Alix Earle knows about business that many of my Harvard Business School students don’t get [7h]
• Exclusive: Investors bet $40 million on Honeycomb’s no-inspection home insurance AI [7h]
• Buried in SpaceX’s IPO: a Tesla merger clue and a $3.75 billion insider windfall for friends and family [8h]
• These COOs became CEOs. Here’s what they wish everyone knew about the tricky transition [8h]
• CEO says anyone who works from home is grabbing groceries or at the vet 30% of the time—and shows off his busy office at Friday 5 p.m. to prove it [11h]
• Inside the $9 billion World Cup: How Gianni Infantino built a FIFA-dom with a tight grip on soccer’s biggest global event [11h]
• A single new sentence in SpaceX’s amended IPO filing could signal the biggest merger in history [11h]
• SpaceX reveals its share price and record valuation: 555.6 million shares at $135 apiece, at a $1.77 trillion valuation [20h]
• Republicans defy Trump in shock move, passing resolution in Congress to limit Iran war powers [20h]
• Live updates from the NYC bar that promised to cover everyone’s tabs if the Knicks won, and used Kalshi to hedge their bets [21h]
• What is a Fortune 500 company? The story behind the list [21h]
• Nick Saban to Congress: college sports is the biggest, baddest Ferrari’ going 150 mph toward the Grand Canyon. ‘Somebody needs to tap the brakes’ [21h]
• SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later [21h]
• ‘I hope she’s ready’: Spencer Pratt throws down the gauntlet to Karen Bass [22h]
• Exclusive: Nvidia snaps up Kumo AI in latest acquisition [22h]
• Polymarket cuts ties with former Rep. George Santos as feds investigate if he illegally bet against his own actions on Kalshi [22h]
• NASA says the elephant-sized meteor that landed on New England is totally normal [22h]
• An Iowa farm has been in his family for a century. He just beat Trump’s pick by running against pesticides and big ag [22h]
• The two most powerful conferences in college sports just pulled the rug on Congress [22h]
• Two government virologists smuggled Mpox vials into the U.S. It’s not clear why [22h]
• Support for same-sex marriage hits lowest point in years as GOP acceptance collapses, Gallup finds [22h]
• Tariff man rides again as Trump slaps 10% duties on key trading partners — except the ones who get 12.5% [22h]
• $215 million later, Tom Steyer is running third. California’s Governor race is still anyone’s [22h]
• These Fortune 500 companies are bigger than most national economies—here’s where they’d rank as countries [22h]
• OECD warns of ‘scarring effects,’ recession scenarios—but finds ‘no signs of widespread labour displacement’ from AI [23h]
• By every measure, U.S. companies are winning on AI adoption—but a series of high-profile snafus shows they’re getting pummeled by costs [23h]
• ‘A landmark moment for homebuying’: A San Francisco seller wants OpenAI or Anthropic stock for their $3 million home [23h]
• Bernie Sanders wants Americans to own a piece of AI. The Trump White House seems to agree [23h]
• Trump retreats on $1.8 billion slush fund for DOJ after rare Republican resistance [23h]