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The Business Economics

Iran strikes 85 U.S. military sites in the Gulf, sparking a global selloff in stocks and a spike in the price of oil

July 9, 20261 Mins read57 Views
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Iran strikes 85 U.S. military sites in the Gulf, sparking a global selloff in stocks and a spike in the price of oil

Good morning. On Fortune’s radar today:

  • Iran bombs 85 U.S.-allied sites in the Middle East.
  • Markets: Oil surges, stocks slide on war fears.
  • AI capex is hurting hyperscaler profits, ING says.
  • Fortune’s new AI podcast (made by humans!)
  • You are more likely to inherit a business than buy one.
  • Why you should know about Paris Hilton’s 11-month imprisonment.

? Would you prefer to receive this information in your email inbox every morning before the markets open in New York? Sign up here.

This story was originally featured on Fortune.com

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