{"id":64484,"date":"2026-07-09T05:38:18","date_gmt":"2026-07-09T09:38:18","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-us-strikes-iranian-infrastructure-as-nvidia-probe-nears-end\/64484\/"},"modified":"2026-07-09T05:38:18","modified_gmt":"2026-07-09T09:38:18","slug":"global-markets-update-us-strikes-iranian-infrastructure-as-nvidia-probe-nears-end","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-us-strikes-iranian-infrastructure-as-nvidia-probe-nears-end\/64484\/","title":{"rendered":"Global Markets Update: US Strikes Iranian Infrastructure as Nvidia Probe Nears End"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-us-strikes-iranian-infrastructure-as-nvidia-probe-nears-end\/64484\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-us-strikes-iranian-infrastructure-as-nvidia-probe-nears-end\/64484\/#Tech_and_Antitrust_Nvidia_Probe_Nears_Conclusion\" >Tech and Antitrust: Nvidia Probe Nears Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-us-strikes-iranian-infrastructure-as-nvidia-probe-nears-end\/64484\/#Geopolitical_Escalation_US_Strikes_and_Kuwaiti_Interceptions\" >Geopolitical Escalation: US Strikes and Kuwaiti Interceptions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-us-strikes-iranian-infrastructure-as-nvidia-probe-nears-end\/64484\/#Corporate_Restructuring_Vestel_Seeks_Debt_Relief\" >Corporate Restructuring: Vestel Seeks Debt Relief<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-us-strikes-iranian-infrastructure-as-nvidia-probe-nears-end\/64484\/#Energy_and_Environment_Chinas_2030_NEV_Vision\" >Energy and Environment: China\u2019s 2030 NEV Vision<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-us-strikes-iranian-infrastructure-as-nvidia-probe-nears-end\/64484\/#Diplomatic_Oddities_NATO_Summit_Gifts\" >Diplomatic Oddities: NATO Summit Gifts<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> faces the imminent conclusion of a high-stakes antitrust probe by the <strong>French Competition Authority<\/strong>, which could lead to formal charges regarding its dominance in the AI chip market.<\/li>\n<li><strong>US Central Command (CENTCOM)<\/strong> launched a major wave of strikes against <strong>90 military sites<\/strong> in Iran, including critical railway infrastructure, in response to threats against commercial shipping in the <strong>Strait of Hormuz<\/strong>.<\/li>\n<li><strong>Kuwait<\/strong> successfully intercepted a barrage of <strong>ballistic missiles and drones<\/strong> in its airspace, reporting damage to power infrastructure from falling shrapnel but no casualties.<\/li>\n<li><strong>China<\/strong> has set a new national target for <strong>New Energy Vehicles (NEVs)<\/strong> to account for <strong>30% of total vehicle ownership by 2030<\/strong>, as part of a broader push to accelerate the adjustment of its energy mix.<\/li>\n<li><strong>EU Foreign Ministers<\/strong> are prepared to approve a fresh round of sanctions on <strong>July 13<\/strong> targeting companies and individuals involved in the supply chain for Russian attack drones.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Tech_and_Antitrust_Nvidia_Probe_Nears_Conclusion\"><\/span>Tech and Antitrust: Nvidia Probe Nears Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>French Competition Authority<\/strong> announced on Thursday that its long-running investigation into chipmaker <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) is nearing its end. The agency\u2019s general rapporteur, <strong>Umberto Berkani<\/strong>, confirmed the development following a probe into alleged anti-competitive practices that began with a dawn raid in 2023.<\/p>\n<p>The investigation has focused on <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a>&#39;s overwhelming dominance in the <strong>Artificial Intelligence (AI)<\/strong> chip sector and its cloud partnership agreements. If the authority finds evidence of market abuse, the company could face significant fines or be forced to modify its business practices in the European market.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Escalation_US_Strikes_and_Kuwaiti_Interceptions\"><\/span>Geopolitical Escalation: US Strikes and Kuwaiti Interceptions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tensions in the Middle East reached a new peak as the <strong>United States<\/strong> conducted extensive strikes against Iranian targets. According to <strong>CENTCOM<\/strong>, the operation targeted <strong>90 sites<\/strong>, including air defense systems and drone storage. Reports from Iran\u2019s <strong>Fars News Agency<\/strong> indicated that a critical <strong>railway bridge<\/strong> in northern Iran, used for trade routes with China and Russia, was among the infrastructure hit.<\/p>\n<p>Simultaneously, the <strong>Kuwaiti Army<\/strong> announced the interception of <strong>3 ballistic missiles, a cruise missile, and 10 hostile drones<\/strong>. While the interceptions prevented direct hits on major targets, the <strong>Ministry of Electricity<\/strong> reported that shrapnel caused temporary outages by damaging overhead power lines.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_Restructuring_Vestel_Seeks_Debt_Relief\"><\/span>Corporate Restructuring: Vestel Seeks Debt Relief<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In Turkey, electronics giant <strong>Vestel Elektronik (<a href=\"\/stock\/VESTL.IS\">VESTL.IS<\/a>)<\/strong> and its subsidiary <strong>Vestel Beyaz Esya (<a href=\"\/stock\/VESBE.IS\">VESBE.IS<\/a>)<\/strong> have officially applied for financial restructuring. The companies aim to align their repayment schedules and maturity structures with current cash flows to manage a debt burden estimated at approximately <strong>$4 billion<\/strong>.<\/p>\n<p>The move follows a credit rating downgrade by <strong>Fitch Ratings<\/strong>, which recently lowered Vestel&#39;s long-term foreign-currency rating to <strong>&#39;CCC-&#39;<\/strong>. Investors responded positively to the restructuring news, with shares of both companies surging nearly <strong>10%<\/strong> on the Istanbul exchange as the market anticipates a more sustainable financial structure.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Energy_and_Environment_Chinas_2030_NEV_Vision\"><\/span>Energy and Environment: China\u2019s 2030 NEV Vision<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>State Council of China<\/strong> has unveiled an ambitious plan to increase the share of <strong>New Energy Vehicles (NEVs)<\/strong> to <strong>30% of total vehicle ownership by 2030<\/strong>. This target represents a significant leap from the <strong>12%<\/strong> ownership level recorded at the end of 2025.<\/p>\n<p>The policy shift is part of a broader <strong>Xinhua<\/strong> report detailing China&#39;s intent to accelerate the adjustment of its energy mix. The government is also considering new tax measures to curb the trend of &quot;vehicle obesity&quot;\u2014the increasing weight of EVs\u2014to reduce road wear and resource waste.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Diplomatic_Oddities_NATO_Summit_Gifts\"><\/span>Diplomatic Oddities: NATO Summit Gifts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a lighter but notable diplomatic development, British Prime Minister <strong>Keir Starmer<\/strong> was among the NATO leaders gifted a <strong>personalized revolver and live ammunition<\/strong> by Turkish President <strong>Recep Tayyip Erdogan<\/strong>. Due to strict UK firearm laws, the weapon remains with British officials in Turkey and must be <strong>decommissioned<\/strong> before it can be legally transported to the United Kingdom.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Nvidia (NVDA) faces the imminent conclusion of a high-stakes antitrust probe by the French Competition Authority, which could 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