Micron jumped 17 percent after crushing earnings. But Apple fell 6 percent and Microsoft fell 3 percent on price-hike news, and the S&P 500 and Nasdaq still closed lower. The same memory shortage is both a windfall and a wound.
Apple raised prices on Macs and iPads by up to $300. Microsoft is hiking Xbox prices from August. Both blamed the same thing: a memory chip shortage driven by the AI boom, and it could last well into 2027.
US District Judge Indira Talwani blocked key parts of Trump’s executive order limiting mail voting, siding with 23 states and DC. Her reasoning, that the president has no authority over voter rolls, is the part that matters most.
Ukrainian forces struck the Orenburg gas processing plant, one of the largest in the world, plus two Russian satellite communications centers. The targets sit more than 750 miles from the front. The war’s geography has changed.
A magnitude 7.2 quake hit near Caracas on Wednesday evening. Less than a minute later, a 7.5 followed. At least 188 people are dead, more than 1,500 are injured, and seismologists warn the final toll could run far higher.
A federal appeals court ruled 2-1 that the Trump administration can resume expedited removal of undocumented immigrants anywhere in the country, not just near the border. For millions of people, the question of who gets due process just changed.