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Fortune
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- 1Elon Musk's Trillionaire Path Stalls Before Key Tesla and SpaceX Events●Elon Musk’s Path to Trillionaire Stalls Ahead of Key Tesla and SpaceX Events
Reports say Elon Musk's route to becoming the world's first trillionaire has slowed, with attention turning to upcoming Tesla and SpaceX milestones that could revive his fortune. Observers point to Tesla's share price and SpaceX's next major events as decisive factors in whether his wealth climb resumes.
- 2US economy must outgrow its debt costs or risk spiral●The US economy is stuck on a hamster wheel as GDP must outrun borrowing costs—or risk a debt spiral
The US economy is trapped in a cycle where economic growth must continually outpace the government's borrowing costs, according to Fortune. If GDP growth falls below the interest rate on America's mounting debt, the country risks entering a debt spiral in which interest payments balloon and become increasingly hard to service. The piece frames this as a structural challenge facing policymakers amid high deficits and elevated interest rates.
- 317-year-old builds AI startup after school banned ChatGPT●Her school blocked ChatGPT. Now this 17-year-old high school senior runs an AI startup with 1,000 users
A 17-year-old high school senior has launched an AI startup that now has 1,000 users, according to Fortune. The story gained attention because her school had blocked ChatGPT, prompting her to build her own AI tool instead. It highlights a growing debate over schools banning AI tools while students increasingly turn to them, and in some cases, build businesses around the technology.
- 4S&P 500 outpaces housing market as investment bet●Thinking about buying stocks instead of a home? The S&P 500 has blown away the housing market
Fortune reports that the S&P 500 has significantly outperformed the US housing market as a long-term investment, prompting debate over whether aspiring homeowners would be better off renting and putting their savings into stocks instead. The comparison fuels a broader conversation about affordability, with home prices and mortgage rates keeping ownership out of reach for many buyers weighing alternatives.
- 5Tokenized stocks hit $20.9 billion in monthly DEX trading●Tokenized stocks just did $20.9 billion in DEX trading in 30 days
Tokenized stock trading on decentralized exchanges reached $20.9 billion in volume over the past 30 days, according to a report from Fortune. The figure marks a significant milestone for on-chain versions of publicly listed equities, which have drawn growing interest from crypto traders seeking exposure to traditional stocks around the clock, outside regular market hours.
- 6Cognition hits $1 billion annualized revenue as Devin adoption doubles●Cognition tops $1 billion in annualized revenue as Devin adoption doubles
AI startup Cognition has surpassed $1 billion in annualized revenue, with adoption of its Devin coding agent doubling, according to Fortune. The figures underscore rapid enterprise demand for autonomous software engineering tools and mark a major milestone for one of the most closely watched companies in the AI agent space.