Flight to Safety
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5 Things to Know Before the Market Opens Monday
U.S. stock futures plunged as geopolitical tensions escalated following Iran’s retaliatory strikes after the death of its leader, Ayatollah Khamenei, in a U.S.-Israeli operation. Crude oil prices surged, and safe-haven assets like gold climbed. In corporate news, Berkshire Hathaway reported quarterly earnings with a leadership transition to Greg Abel. The AI landscape saw OpenAI secure a DoD deal after Anthropic’s tech was reportedly halted. Economic divergence was highlighted by contrasting reports from premium and budget gym chains.
