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Alphabet (NASDAQ: GOOG) Stock Falls 3.79% on July 16: What Investors Need to Know
Alphabet (NASDAQ: GOOG) came under renewed selling pressure on July 16, 2026, with its Class C shares declining 3.79% during the trading session. The move stood out because the broader Software & IT Services sector gained 0.82%, highlighting company-specific concerns rather than a broad technology selloff. Investors closely watched regulatory developments, AI competition, and changing…
ISRO Loses 100+ Scientists as Gaganyaan Mission Faces Brain Drain on July 16
ISRO loses 100+ scientists including Gaganyaan project staff to private space startups. India’s Department of Space tightens exit rules on July 14 to protect critical missions.
Trump’s DNI Pick Jay Clayton Refuses to Say Biden Won 2020 Election at Hearing
Jay Clayton, Trump’s pick for director of national intelligence, refused to say Biden won 2020 at his Senate confirmation hearing on July 15, prompting Democrats to call his testimony lacking credibility.
Gold Price Today: MCX Gold Falls 0.45% to ₹1,41,205 as Brent Crude Slips to $84.77
Gold price on MCX slipped 0.45% Thursday, trading near ₹1,41,205 per 10 grams. That decline came even as Brent crude eased slightly to $84.77 a barrel. Gold has now fallen for a second straight session amid mixed inflation signals. Fresh US airstrikes against Iran kept oil prices elevated through Thursday’s trading. Spot gold globally slipped…
Uber (NYSE: UBER) to Acquire Delivery Hero (ETR: DHER) in $14.8 Billion Cash Deal
On 16 July 2026, Uber (NYSE: UBER) announced a $14.8 billion cash offer to acquire Delivery Hero (ETR: DHER), one of the biggest food delivery acquisitions ever announced. If the deal goes through, Uber will expand its delivery business across dozens of international markets and strengthen its position in an increasingly competitive industry. Investors reacted…
MRPL (NSE: MRPL) Shares Surge After Q1 Profit Jumps to ₹945.68 Crore and Revenue Rises 46%
MRPL shares rallied after the company posted a consolidated net profit of ₹945.68 crore for Q1 FY27, reversing a loss of ₹270.66 crore in the same quarter last year. Revenue from operations climbed 46.12% year-on-year to ₹41,608.96 crore, results the board approved on July 15, 2026. MRPL closed at ₹156.96 on July 14, just ahead…
South Korea Eyes New ETF Regulations as Leveraged Funds Face Increased Scrutiny
South Korea’s ETFs tracking single stocks are facing a fresh regulatory crackdown. Financial Services Commission Chairman Lee Eog-weon confirmed Thursday, July 16, 2026, that new measures on leveraged ETFs are coming soon. The announcement follows weeks of market turmoil tied to products built around Samsung Electronics and SK Hynix, Korea’s two largest chipmakers. President Lee…
Hormuz Crisis Escalates as US Airstrikes Strike Northern Iran, Ship Disabled During Blockade
The Hormuz crisis intensified on July 16, 2026, after the United States launched airstrikes in northern Iran and disabled a vessel while enforcing the Strait of Hormuz blockade. The latest military action has increased concerns about a wider regional conflict and possible disruptions to global energy supplies. With nearly one-fifth of the world’s oil moving…
ASX Midday: Telstra (ASX: TLS) Edges Higher as BHP (ASX: BHP) Drops Nearly 3% on $900M Iron Ore Project
ASX midday trading on July 16, 2026, showed a mixed picture across major sectors. Telstra edged higher, building on Wednesday’s close near $4.89. BHP fell nearly 3% after unveiling a $900 million iron ore investment. The S&P/ASX 200 stayed roughly flat, down 0.3% in early Asia-Pacific trading. This ASX midday session highlights how commodity spending…