Middle East Ignites: Oil Up 9%, Gold Near Record, Stocks Slide

Markets Are on Edge. Oil Is Spiking. Gold Is Flying. Defense Stocks Are Ripping.

Overnight, Israel launched a major air strike on Iran’s nuclear facilities. In response, markets are moving fast:

• Oil up 9% — biggest jump since Ukraine war

• Gold near record highs

• Global stocks sliding

• Defense and energy stocks rallying

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Palantir Stock Soars—But Can It Justify a 210x Valuation?

Palantir Technologies (NYSE: PLTR) has raced well ahead of broader market averages, but its valuation remains sky‑high. The tech giant is banking on strong momentum behind its new Artificial Intelligence Platform (AIP) to justify those lofty multiples. Still, Citi Research, following a recent discussion with Palantir, maintains a Neutral stance on the stock—citing risks if the company can’t deliver breakthrough client contracts to support current pricing.

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