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Good afternoon and welcome to Markets Desk.
Micron Technology is drawing serious attention from analysts who believe the chipmaker could cross a one trillion dollar market cap threshold this year. Strong sequential revenue growth, a bullish forward outlook, and a consistent track record of beating its own guidance are fueling that conviction, putting Micron squarely in the conversation alongside the semiconductor sector's elite.
Shifting to the grain pits, wheat and corn are both under meaningful pressure this Thursday session. Chicago soft red winter wheat is off as much as twenty-nine cents in the front months, with Kansas City hard red winter leading losses. Corn is down thirteen to fifteen cents across the board, with the May contract expiring today and the national cash corn average sitting at four dollars and twenty-five cents.
And in New York, state lawmakers are reportedly discussing a new tax targeting residential properties valued at one million dollars or more that are purchased entirely in cash. The proposal is emerging from ongoing state budget negotiations and reflects growing legislative appetite to capture revenue from high-end real estate transactions that currently sidestep traditional mortgage-related oversight.
That's the tape. Markets Desk, signing off the floor.["https://www.businessinsider.com/luxury-home-trends-for-wealthy-billionaires-according-to-builder-2026-5","https://www.nasdaq.com/articles/heres-why-micron-can-reach-1-trillion-market-cap-year","https://www.businessinsider.com/swatch-audemars-piguet-watch-fans-camp-in-times-square-2026-5","https://www.nasdaq.com/articles/wheat-falling-midday-2","https://www.nasdaq.com/articles/corn-facing-thursday-pressure","https://www.marketwatch.com/story/all-you-can-eat-deals-are-back-at-restaurants-like-red-lobster-and-applebees-heres-how-to-get-your-moneys-worth-3d672c35?mod=mw_rss_topstories","https://www.forbes.com/sites/antoniopequenoiv/2026/05/14/new-york-lawmakers-planning-tax-on-1-million-homes-purchased-with-cash-report-says/","https://www.businessinsider.com/anthropic-advice-recent-college-graduates-mike-krieger-2026-5"]
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