{"id":62913,"date":"2026-06-09T23:08:29","date_gmt":"2026-06-10T03:08:29","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/iran-strikes-u-s-bases-in-middle-east-meta-inks-major-ai-data-center-deal-with-reliance\/62913\/"},"modified":"2026-06-09T23:08:29","modified_gmt":"2026-06-10T03:08:29","slug":"iran-strikes-u-s-bases-in-middle-east-meta-inks-major-ai-data-center-deal-with-reliance","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/iran-strikes-u-s-bases-in-middle-east-meta-inks-major-ai-data-center-deal-with-reliance\/62913\/","title":{"rendered":"Iran Strikes U.S. Bases in Middle East; Meta Inks Major AI Data Center Deal with Reliance"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Iran launched ballistic missiles and drones<\/strong> at U.S. military bases in <strong>Bahrain, Kuwait, and Jordan<\/strong>, causing air raid sirens to sound across the region.<\/li>\n<li><strong>Meta Platforms (<a href=\"\/stock\/META\">META<\/a>)<\/strong> signed a major agreement with <strong>Reliance Industries (<a href=\"\/stock\/RELIANCE\">RELIANCE<\/a>)<\/strong> to lease a <strong>168 MW AI-powered data center<\/strong> in Jamnagar, India.<\/li>\n<li><strong>Indonesia\u2019s Jakarta Composite Index<\/strong> surged as much as <strong>3.3% to 5,935.72<\/strong> following a surprise interest rate hike by the central bank to stabilize the rupiah.<\/li>\n<li><strong>The Philippine Navy<\/strong> is on high alert at <strong>Scarborough Shoal<\/strong> to prevent the construction of artificial islands after spotting a new floating structure.<\/li>\n<li><strong>China\u2019s Coast Guard<\/strong> expanded its &quot;law-enforcement patrols&quot; to waters <strong>east of Taiwan<\/strong>, a move Taiwanese officials have condemned as a &quot;provocative act.&quot;<\/li>\n<\/ul>\n<hr>\n<h2>Middle East Conflict Escalates with Strikes on U.S. Bases<\/h2>\n<p>Geopolitical tensions reached a boiling point on Wednesday as <strong>Iran\u2019s Islamic Revolutionary Guard Corps (IRGC)<\/strong> launched a wave of attacks targeting U.S. military installations. According to reports from <em>Axios<\/em>, the assault involved at least <strong>four ballistic missiles and several drones<\/strong> directed at bases in <strong>Bahrain, Kuwait, and Jordan<\/strong>.<\/p>\n<p>In <strong>Bahrain<\/strong>, the Interior Ministry confirmed that emergency sirens were activated as alerts were issued to residents. The IRGC claimed the strikes were in retaliation for recent U.S. military actions, specifically targeting the <strong>U.S. Fifth Fleet<\/strong> in Bahrain and the <strong>Al-Azraq base<\/strong> in Jordan, where they alleged damage to F-35 infrastructure.<\/p>\n<h2>Meta and Reliance Partner for Massive India AI Buildout<\/h2>\n<p>In a landmark deal for the global AI infrastructure race, <strong>Meta Platforms (<a href=\"\/stock\/META\">META<\/a>)<\/strong> has partnered with <strong>Reliance Industries (<a href=\"\/stock\/RELIANCE\">RELIANCE<\/a>)<\/strong> to lease a newly developed data center in <strong>Jamnagar, India<\/strong>. The facility will provide <strong>168 MW of capacity<\/strong>, with provisions for future expansion as Meta scales its AI operations in its largest user market.<\/p>\n<p>The project is backed by a robust renewable energy strategy, with Meta announcing partnerships with <strong>CleanMax<\/strong> and <strong>Fourth Partner Energy<\/strong> to support nearly <strong>1 gigawatt of green power<\/strong>. This collaboration follows a joint venture aimed at using open-source <strong>Llama AI models<\/strong> to develop tailored enterprise solutions for the Indian market.<\/p>\n<h2>Indonesia Markets Rally Despite Surprise Rate Hike<\/h2>\n<p>Indonesia\u2019s financial markets showed resilience on Wednesday, with the main stock index advancing <strong>3.3% to 5,935.72<\/strong>. The rally came after <strong>Bank Indonesia (BI)<\/strong> delivered a surprise <strong>25-basis-point interest rate hike<\/strong> to 5.50% in an off-cycle move intended to defend the struggling rupiah.<\/p>\n<p>Central bank officials held discussions with investors in <strong>Europe and the U.S.<\/strong> to explain the rationale behind the hike, citing the need to stay ahead of global volatility caused by Middle Eastern conflicts. Analysts noted that while the hike provided a temporary floor for the currency, <em>long-term stability will depend on fiscal signals from the government.<\/em><\/p>\n<h2>Maritime Tensions Rise in South China Sea and Taiwan Strait<\/h2>\n<p>The <strong>Philippine Navy<\/strong> has intensified its presence at <strong>Scarborough Shoal<\/strong> after a 6-by-6 meter floating structure with six individuals and an antenna was spotted inside the lagoon. A spokesperson for Philippine maritime affairs asserted that <strong>only the Philippines<\/strong> has the right to build structures in the area, vowing to prevent the shoal from being converted into a militarized artificial island.<\/p>\n<p>Simultaneously, the <strong>Taiwan Affairs Office of China<\/strong> announced that its coast guard is conducting &quot;legal patrols&quot; in waters <strong>east of Taiwan Island<\/strong>. Taiwan\u2019s Ministry of National Defense characterized these patrols as a provocative attempt to claim jurisdiction over international shipping lanes, reporting that Chinese vessels have begun harassing merchant ships by demanding cargo and destination information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Iran launched ballistic missiles and drones at U.S. military bases in Bahrain, Kuwait, and Jordan, causing air raid 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