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Iran warns of crushing retaliation if US targets its infrastructure amid escalating strikes.

Market News
16 Jul 2026
CNBC
View Source
Bearish
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Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian military sites to reduce threats to commercial shipping in the Strait of Hormuz, a critical oil shipping route. Iran vows to defend its regional influence and the Strait, calling US interference a red line. Experts predict a tactical stalemate with ongoing strikes but no strategic resolution, as Iran's military remains resilient. Oil prices have fluctuated amid the tensions, reflecting market uncertainty over the conflict's duration and impact.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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2 hours ago
Immuron reports FY26 sales growth with 10% rise in Australia and strong gains in Canada and the US.

Immuron reports FY26 sales growth with 10% rise in Australia and strong gains in Canada and the US.

Immuron Limited announced a 6% increase in global sales for FY26, reaching AUD$7.7 million, driven by a 10% rise in Australian sales and significant growth in Canada and the US markets. The growth in Australia is attributed to enhanced digital market...

Company Fundamentals
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4 hours ago
Ragnarok: The New World MMORPG launches in Southeast Asia on July 16, 2026.

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Others
Bullish
4 hours ago
Zymeworks to report Q2 2026 results on August 6, no earnings call due to Theravance Biopharma acquisition plans

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Zymeworks Inc. will release its second quarter 2026 financial results after market close on August 6, 2026. The company will not hold an earnings call following the release due to its pending acquisition of Theravance Biopharma. This acquisition will...

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Neutral
4 hours ago
Global Net Lease to release Q2 2026 results on August 5, with a conference call on August 6.

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Global Net Lease, Inc. announced it will release its financial results for the second quarter ending June 30, 2026, on August 5 after the NYSE closes. The company will hold a conference call and webcast on August 6 at 11:00 a.m. ET to discuss the res...

Company Fundamentals
Neutral
4 hours ago
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