U.S.-Iran Tensions, AI Memory Pullback, AAPL Suing OpenAI Adds Pressure to Start Week

With geopolitical tensions flaring up once again between the U.S. and Iran, Tom White explains how the conflict is adding pressure on markets to start the trading week. AI memory stocks like Micron (MU) didn't get much help from SK Hynix (SKHY), which pulled back in overseas markets following its explosive U.S. ADR Nasdaq debut. Tom also discusses Apple (AAPL) and why it's mounting a lawsuit against OpenAI.

Morning Movers

13 Jul 2026

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