Morning Edition · Thursday, June 25, 2026

Markets
Micron's Memory Boom Reverses a Global Chip Selloff
Quarterly revenue and guidance far above estimates from the US memory maker pushed semiconductor shares higher across Asia, Europe and the United States.

Geopolitics
US Presses Iran Truce and Rejects Tolls on the Strait of Hormuz
Secretary of State Marco Rubio toured the Gulf as Iran's Revolutionary Guard warned against unauthorized passage through the waterway.
Markets
Brent Falls Below $74 as Hormuz Shipping Resumes
Oman opened temporary corridors through the Strait of Hormuz with no tolls, and tankers returned, pushing crude prices lower.

World
Twin Earthquakes Kill at Least 32 in Venezuela
Two quakes above magnitude 7 struck north-central Venezuela seconds apart, collapsing buildings in Caracas as the government declared a state of emergency.

Macro
Europe Sends First Tranche of €90 Billion Loan to Ukraine
The European Commission disbursed an initial €3.2 billion as Washington reduces its support, shifting the financial burden of the war onto Europe.

Macro
Warsh's Fed Weighs Whether AI Justifies Easier Money
The new Federal Reserve chair is drawing selective lessons from the 1990s technology boom as investors weigh hard assets against a firmer dollar.

World
Kenya's Gen Z Protesters Return to Nairobi Two Years On
Police sealed off the capital as Kenyans marked the anniversary of the 2024 tax revolt and pressed for accountability.

Tech
Russia Urges Users Off Apple After VK Apps Pulled From App Store
The Kremlin advised switching to Android and domestic systems after Apple removed applications from the state-linked social network VK.

Geopolitics
Germany Takes Control Stake in Tankmaker as Allies Rearm
Berlin will buy 40% of KNDS, while Canada explores joining a major fighter program, signs of state-led consolidation in defense manufacturing.

Geopolitics
US Says Israel Pulled Back in South Lebanon, Both Sides Deny It
An American official described a partial Israeli withdrawal as a goodwill gesture, but officials in Beirut and Jerusalem said no such pullback had occurred.

Markets
Eleven EU States Seek Pause on Methane Rules Over Gas Supply Fears
A group of member states warned that new methane regulations could raise costs for foreign gas suppliers and threaten energy security.
Tech
Japan's Kioxia Plans US Listing to Tap AI Memory Demand
The flash-memory maker aims to list in the United States next spring and split its shares at home, joining a series of technology offerings.