Good evening, you're listening to Markets Desk.
Micron Technology shares are under heavy pressure today, with the memory chipmaker seeing a sharp selloff despite its standing as one of the dominant suppliers of high-bandwidth memory powering the artificial intelligence hardware buildout. Analysts caution that near-term demand softness and inventory cycles are weighing on the outlook, and the dip may not yet represent a clear entry point for investors.
Shifting to geopolitics, which carries real macro weight here — President Trump has again pulled back from escalating military action against Iran, citing diplomatic pressure from U.S. allies. But experts are flagging a more troubling dynamic: Tehran has been using regional proxies to expand its strategic footprint, and some analysts believe Iran is reading Washington's repeated hesitation as an opening to press its advantage.
And on the Ukraine front, President Zelenskyy is actively lobbying the Trump administration for expanded access to Elon Musk's Starlink system — specifically to guide strikes inside Russian territory. Moscow has already identified Starlink as a serious battlefield threat, and this push signals Kyiv is looking for technological leverage as U.S. Patriot air defense commitments remain uncertain.
That's the tape. Markets Desk, signing off the floor.
