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Hormuz Crisis Escalates as US Airstrikes Strike Northern Iran, Ship Disabled During Blockade
📅 in about 5 hours

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…

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Stocks in Focus: Wipro, Tech Mahindra Shares Mixed Ahead of Q1 FY2027 Earnings; Wipro +1.61%, Tech Mahindra +1.83%
📅 in about 5 hours

Stocks in Focus: Wipro, Tech Mahindra Shares Mixed Ahead of Q1 FY2027 Earnings; Wipro +1.61%, Tech Mahindra +1.83%

Wipro stock and Tech Mahindra shares moved higher ahead of their Q1 results on July 16, 2026. Wipro stock gained 1.61%, while Tech Mahindra rose 1.83% in early trade. Both IT majors report earnings for the April-June 2026 quarter today. Wipro’s board meets after market hours, with Tech Mahindra following at 5:30 PM IST. Investors…

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ASX Midday: Telstra (ASX: TLS) Edges Higher as BHP (ASX: BHP) Drops Nearly 3% on $900M Iron Ore Project
📅 in about 3 hours

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…

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Costco Opens 7 Warehouses in August as Expansion Accelerates
📅 8 minutes ago

Costco Opens 7 Warehouses in August as Expansion Accelerates

Costco plans to open 7 new warehouses in August across Albany, Oconomowoc, Otsego, Mansfield, Celina, Stone Mountain, and Lee’s Summit as part of its 26-store 2026 expansion.

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Oil Surges to $81 as US-Iran Conflict Escalates Over Strait of Hormuz
📅 4 hours ago

Oil Surges to $81 as US-Iran Conflict Escalates Over Strait of Hormuz

WTI crude oil climbs to $81 per barrel as US launches fourth consecutive day of strikes on Iran and reimpose naval blockade of Iranian ports, disrupting global energy supplies.

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IBM Shares Crash 25% on July 14 as AI Spending Reshapes Enterprise Budgets
📅 6 hours ago

IBM Shares Crash 25% on July 14 as AI Spending Reshapes Enterprise Budgets

IBM stock crashed 25% after preannouncing Q2 results that missed estimates. Revenue came in at $17.2 billion versus $17.86 billion expected, as customers redirected spending to AI infrastructure.

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DeepSeek Seeks Fresh Funding at $74 Billion Valuation Ahead of Planned China IPO
📅 12 hours ago

DeepSeek Seeks Fresh Funding at $74 Billion Valuation Ahead of Planned China IPO

DeepSeek is back in the spotlight after reports said it is seeking fresh funding at a valuation of 500 billion yuan (about $74 billion) before a planned initial public offering (IPO) in China. The fundraising effort, reported on July 15, 2026, reflects rising investor interest in the country’s fast-growing artificial intelligence industry. As global competition…

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Gold Price Today: MCX Gold Falls 0.46% to ₹1,41,600 as Brent Crude Climbs to $85.75
📅 13 hours ago

Gold Price Today: MCX Gold Falls 0.46% to ₹1,41,600 as Brent Crude Climbs to $85.75

Gold prices moved lower in early trading on July 15, 2026, with MCX Gold futures dropping 0.46% to ₹1,41,600 per 10 grams as Brent crude oil climbed to $85.75 a barrel. The opposite movement in the two commodities has drawn attention from investors watching inflation and global market conditions. Higher crude oil prices can influence…

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Alphabet (NASDAQ: GOOG) Urges EU Court to Uphold Ruling That Scrapped $1.7 Billion Google Antitrust Fine
📅 13 hours ago

Alphabet (NASDAQ: GOOG) Urges EU Court to Uphold Ruling That Scrapped $1.7 Billion Google Antitrust Fine

Alphabet unit Google urged the EU’s top court on Wednesday, July 15, 2026, to dismiss antitrust regulators’ appeal against a ruling that scrapped a €1.49 billion ($1.7 billion) fine. The dispute centers on Google’s AdSense advertising platform and reached the Court of Justice of the European Union after the European Commission appealed a 2024 General…

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