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Mornly

Thursday, June 25, 2026

Top news

  • Colombia's conservative outsider Abelardo de la Espriella won the presidency after his leftist rival conceded defeat.
  • UK Prime Minister Keir Starmer is resigning, with a fellow Labour Party lawmaker known as the "King of the North" widely expected to replace him.
  • An Ebola outbreak is spreading across eastern Democratic Republic of the Congo with more than 1,000 confirmed cases and 250 deaths in just over a month.

World

  • Colombia's conservative outsider Abelardo de la Espriella won the presidency after his leftist rival conceded defeat in a close race.
  • Trump claims Iran agreed to nuclear inspections of bombed nuclear sites, but Iran denies making such a commitment.
  • An Ebola outbreak spreading across eastern Democratic Republic of Congo has health experts warning it could become one of the largest in recent years, with over 1,000 confirmed cases and more than 250 deaths so far.

Business

  • Micron beat Q3 earnings expectations with EPS of $25.11 versus estimate of $20.20, a 24% upside surprise.
  • Micron guided Q4 revenue between $49-51 billion, well above Wall Street's projection of $43.2 billion.
  • Micron stock rose more than 6% on the earnings news, pushing chip stocks broadly higher after tumbling earlier this week.

Technology

  • Alphabet will replace Verizon in the Dow Jones Industrial Average effective June 29, expanding mega-cap tech presence in the blue-chip index.
  • Oracle cut 21,000 roles over the past year explicitly linking the reductions to AI adoption while capital spending surged 162% to $55.7 billion for infrastructure investment.
  • SK Hynix plans a $29 billion Nasdaq listing as South Korea's biggest chipmaker seeks public market access.

Science

  • Scientists discovered neurons in an ancient brain region that act as a focus filter, helping the brain ignore distractions and concentrate on what matters most.
  • Researchers uncovered why H5N1 bird flu attacks cows' udders instead of lungs: the virus's preferred receptors are concentrated in mammary tissue.
  • Scientists uncovered tiny "footprints of death" that dying cells leave behind, packed with newly discovered particles that may help viruses spread.

Economy

  • Federal Reserve held federal funds rate at 3.50%-3.75% on June 17, signaling focus on fighting inflation amid elevated energy prices.
  • Fed officials raised median inflation projections slightly while lowering 2026 economic growth expectations after their recent meeting.
  • Private employers added average of 117,000 jobs per month through May this year, compared to average of 10,000 per month in 2025, showing labor market stabilization.

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