Business News Update — June 25, 2026 6 PM Eastern

Clockwise Business News — Micron Technology's blowout earnings are fueling a major rally in AI stocks today. This is Clockwise business news, 6 PM Eastern. The leading chipmaker announced an impressive 17% pre-market surge today after delivering results that dramatically exceeded expectations. Its robust outlook significantly boosted confidence across the entire artificial intelligence sector. However, the Federal Reserve's preferred inflation gauge climbed to a new three-year high in May, creating economic headwinds.