{"id":64907,"date":"2026-07-16T14:38:17","date_gmt":"2026-07-16T18:38:17","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/us-military-strikes-iran-for-fifth-night-alphabet-shares-slide-on-gemini-delay\/64907\/"},"modified":"2026-07-16T14:38:17","modified_gmt":"2026-07-16T18:38:17","slug":"us-military-strikes-iran-for-fifth-night-alphabet-shares-slide-on-gemini-delay","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/us-military-strikes-iran-for-fifth-night-alphabet-shares-slide-on-gemini-delay\/64907\/","title":{"rendered":"US Military Strikes Iran for Fifth Night; Alphabet Shares Slide on Gemini Delay"},"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\/us-military-strikes-iran-for-fifth-night-alphabet-shares-slide-on-gemini-delay\/64907\/#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\/us-military-strikes-iran-for-fifth-night-alphabet-shares-slide-on-gemini-delay\/64907\/#US-Iran_Conflict_Intensifies_with_Fifth_Night_of_Strikes\" >US-Iran Conflict Intensifies with Fifth Night of Strikes<\/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\/us-military-strikes-iran-for-fifth-night-alphabet-shares-slide-on-gemini-delay\/64907\/#Alphabet_Shares_Retreat_Amid_Gemini_AI_Setbacks\" >Alphabet Shares Retreat Amid Gemini AI Setbacks<\/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\/us-military-strikes-iran-for-fifth-night-alphabet-shares-slide-on-gemini-delay\/64907\/#Lawmakers_Target_Chinese_Memory_Chip_Procurement\" >Lawmakers Target Chinese Memory Chip Procurement<\/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\/us-military-strikes-iran-for-fifth-night-alphabet-shares-slide-on-gemini-delay\/64907\/#Dassault_Systemes_Eyes_2_Billion_Life_Sciences_Deal\" >Dassault Syst\u00e8mes Eyes $2 Billion Life Sciences Deal<\/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\/us-military-strikes-iran-for-fifth-night-alphabet-shares-slide-on-gemini-delay\/64907\/#AXA_Exits_Ardian_Stake_in_Strategic_Realignment\" >AXA Exits Ardian Stake in Strategic Realignment<\/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>US Central Command (CENTCOM)<\/strong> launched a fifth consecutive night of airstrikes against <strong>Iranian military targets<\/strong>, focusing on degrading capabilities in the <strong>Strait of Hormuz<\/strong> as regional tensions escalate.<\/li>\n<li><strong>Alphabet Inc. (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>)<\/strong> shares fell <strong>2.3%<\/strong> following reports that the launch of its flagship <strong>Gemini 3.5 Pro<\/strong> AI model has been delayed due to failure to meet internal performance goals, particularly in coding.<\/li>\n<li><strong>US Lawmakers<\/strong> are pressuring Commerce Secretary <strong>Howard Lutnick<\/strong> to maintain strict bans on Chinese memory chips, specifically targeting <strong>CXMT<\/strong>, citing critical national security risks and supply chain dependencies.<\/li>\n<li><strong>Dassault Syst\u00e8mes (<a href=\"\/stock\/DSY\">DSY<\/a>)<\/strong> is reportedly in advanced talks to acquire drug trial software firm <strong>ArisGlobal<\/strong> for approximately <strong>$2 billion<\/strong>, marking a significant expansion into life sciences technology.<\/li>\n<li><strong>AXA (<a href=\"\/stock\/AXA\">AXA<\/a>)<\/strong> announced the sale of its remaining <strong>10% stake<\/strong> in private equity firm <strong>Ardian<\/strong>, with existing shareholders <strong>ACM<\/strong> and <strong>Wafra<\/strong> increasing their holdings to <strong>23%<\/strong> and additional capital respectively.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"US-Iran_Conflict_Intensifies_with_Fifth_Night_of_Strikes\"><\/span>US-Iran Conflict Intensifies with Fifth Night of Strikes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>United States<\/strong> military continued its campaign against <strong>Iran<\/strong> on Thursday, conducting a new wave of strikes at 2 p.m. ET. According to <strong>CENTCOM<\/strong>, the operations targeted command centers, air defense sites, and missile infrastructure near the <strong>Strait of Hormuz<\/strong> and the port city of <strong>Bandar Abbas<\/strong>. <em>The strikes aim to degrade Iran&#39;s ability to threaten commercial shipping, though Iranian authorities report at least 35 civilian casualties since the start of the week.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Alphabet_Shares_Retreat_Amid_Gemini_AI_Setbacks\"><\/span>Alphabet Shares Retreat Amid Gemini AI Setbacks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shares of <strong>Alphabet Inc. (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>)<\/strong> closed lower after reports surfaced that the company is months behind schedule on its <strong>Gemini 3.5 Pro<\/strong> model. Internal sources indicate that recent training runs failed to produce the desired improvements in coding capabilities, allowing rivals like <strong>OpenAI<\/strong> and <strong>Anthropic<\/strong> to maintain their lead in the enterprise AI sector. <em>Engineers are reportedly frustrated by multiple layers of internal stakeholders that have slowed the model&#39;s path to release.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Lawmakers_Target_Chinese_Memory_Chip_Procurement\"><\/span>Lawmakers Target Chinese Memory Chip Procurement<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>House Select Committee on China Chairman <strong>John Moolenaar<\/strong> and Congressman <strong>George Whitesides<\/strong> have urged the <strong>Department of Commerce<\/strong> to block U.S. companies from purchasing memory products from Chinese manufacturers. The warning specifically highlights <strong>Apple Inc. (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> and its reported interest in sourcing from <strong>CXMT<\/strong> during global shortages. <em>Lawmakers argue that easing these restrictions would directly subsidize the People&#39;s Liberation Army and undermine U.S. semiconductor independence.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dassault_Systemes_Eyes_2_Billion_Life_Sciences_Deal\"><\/span>Dassault Syst\u00e8mes Eyes $2 Billion Life Sciences Deal<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>French software giant <strong>Dassault Syst\u00e8mes (<a href=\"\/stock\/DSY\">DSY<\/a>)<\/strong> is in negotiations to acquire <strong>ArisGlobal<\/strong> from <strong>Nordic Capital<\/strong>. The deal, valued at roughly <strong>$2 billion<\/strong>, would be the company&#39;s largest since its $5.8 billion purchase of <strong>Medidata<\/strong> in 2019. <strong>ArisGlobal<\/strong> generates approximately <strong>$200 million<\/strong> in annual revenue, with half attributed to AI-driven drug safety and clinical development services.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"AXA_Exits_Ardian_Stake_in_Strategic_Realignment\"><\/span>AXA Exits Ardian Stake in Strategic Realignment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>AXA (<a href=\"\/stock\/AXA\">AXA<\/a>)<\/strong> is set to finalize its exit from <strong>Ardian<\/strong> by selling its final <strong>10% stake<\/strong>, ending a partnership that dates back to the firm&#39;s founding in 1996. <strong>Assurances du Cr\u00e9dit Mutuel (ACM)<\/strong> will raise its stake to <strong>23%<\/strong>, while <strong>Wafra Inc.<\/strong> will also increase its investment. <em>While AXA is divesting its equity, it intends to remain a principal fund investor in Ardian\u2019s products through 2027.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways US Central Command (CENTCOM) launched a fifth consecutive night of airstrikes against Iranian military targets, focusing on degrading 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