Saturday's strikes on Iran by the U.S. and Israel will likely shine an even bigger spotlight on defense stocks and drone makers. Kratos Defense, Draganfly up over 8%; RTX, Lockheed Martin up nearly 8%.
Palantir stock jumped over 3% in premarket trading. Modern defense doctrine emphasizes ongoing modernization rather than static platforms. Sensors are refreshed. Software evolves. Networks expand.
Software-native companies like Palantir Technologies (PLTR) operate directly in that layer, providing analytics and AI systems through mult-year government contracts.
Oil stocks surged in premarket trading. Indonesia Energy up about 38%; US Energy up over 23%; Occidental up over 6%.
Oil futures jumped as much as 13% at one time and rose around 8% now .
Precious metal shares and ETFs jumped in premarket trading. US Gold, Blue Gold up over 5%; UGL, HYMC up over 4%.
Gold prices rose as much as 2% on Monday after the U.S. and Israel launched major strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei, escalating geopolitical tensions and deepening global economic uncertainty.
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