Micron Technology (MU.O) CEO said he expects capex of about $10 billion in the fourth fiscal quarter.

China's 2026 year-to-date box office, including presales, surpassed 170 billion yuan as of 19:29 on June 24, according to Maoyan Pro. Leading titles are Pegasus 3, A Letter to Grandma and Biao Ren: Wind Rises in the Desert.

Trade sources and shipping data from Kpler and LSEG show Middle East fuel oil exports are expected to rebound in June to about 2.4 mln tonnes (508k bpd), up more than 20% from May and the highest in four months. The rise follows Iraq and Saudi Arabia diverting crude to other ports and expectations of resumed cargoes through the Strait of Hormuz; the extra supply could drive high-sulphur fuel oil prices sharply lower in Singapore and other hubs. Volumes remain well below pre-war monthly averages of roughly 5.5–6.0 mln tonnes. FGE NexantECA Middle East oil adviser Palash Jain said flows through the Strait of Hormuz are likely to increase over the next 60 days, but a material recovery is unlikely.