Check out the companies that make headlines in pre-market transactions. Oil Stocks – Energy stocks have been registered amid a surge in oil prices after Israel launched airstrikes against Iran without US support, raising concerns about the prospects for supply from the oil-rich Persian Gulf. The Chevron and Exxon Mobil each rotated about 3%, while the Conoco Phillips jumped over 4%. EOG resources earned over 3%. Gold Stocks – Stocks tied to gold as investors flock to safe shelters perceived in geopolitical escalations. Newmont and SSR Mining both rose by more than 1%, and so did Vaneck Gold Miners ETF (GDX). Defense Stocks – Arms makers rose amid rising geopolitical risks after Israel was attacked on Iran. Both RTX and Northrop Grumman surged by over 4%, Lockheed Martin earned 3.5%, while L3Harris technology added 2.2%. Cruise lines and airlines – Travel agencies slipped as investors worried that increased risk would block vacations and surges in oil prices would damage profits. Carnival fell more than 4%, while Norwegian cruise line and Royal Caribbean cruises each fell more than 3%. United Airlines fell by more than 5%, while Delta and American Airlines each fell by more than 4%. Southwest Airlines has flowed more than 2%. Hotel Inventory – Hotel and resort stocks fell as traders overwhelmed the prospects of a decline in travel demand after Israel attacked Iran. Hilton Worldwide and Intercontinental Hotels Group each skid over 2%, while Marriott pulled back nearly 2%. RH – Furniture retailers rose 19% after posting surprise adjusted profits in the first quarter. RH scored 13 cents adjusted per share, but analysts surveyed by LSEG were expecting a loss of 9 cents per share. The $8 million net profit overturned a $3.6 million loss per year, but revenue dragged street estimates. RH stocks were down more than 50% per year than reported. Stocks in the DraftKings – Sports Betting app lost almost 3% after imposing a 50-cent trading fee in Illinois in September after state lawmakers handed over budgets that included what they described as a surprising increase in online gambling taxes. Adobe – Stocks fell more than 3% after the graphic design software company posted second-quarter earnings that exceeded expectations. StreetAccount cited concerns over a slight slowdown in subscriptions and CRPO growth rates [and] In the most recent quarter, Adobe won $5.06, adjusted to earnings of $5.87 billion per share. Wolfe Research. After earning more than 48% on the stock in 2025, Nigel Coe cited concerns about Ge Vernova’s “challenging valuation.”
