Today's Pre-Market Movers and Top Ratings | XOM, LMT, UAL and More

$RH (RH.US)$ shares soared by 20% despite mixed first quarter results, with the increase attributed to the company's strategic plans to mitigate U.S. import tariffs.

Oil company stocks increased following Israel's strike on Iran, which caused a spike in crude prices due to Iran's significant role in global crude production and export. $Diamondback Energy (FANG.US)$ rose 5.1%, $Occidental Petroleum (OXY.US)$ advanced 4.5%, $Apache (APA.US)$ climbed 4.4%, and $Schlumberger (SLB.US)$ increased 4.1%, while $Chevron (CVX.US)$ grew 2.6% and $Exxon Mobil (XOM.US)$ went up 2.5%.

Defense contractors saw gains after Israel launched a comprehensive attack on Iran's nuclear facilities. $Lockheed Martin (LMT.US)$ increased by 3.0%, $Northrop Grumman (NOC.US)$ by 3.7%, $RTX Corp (RTX.US)$by 4.1%, and $L3Harris Technologies (LHX.US)$ by 3.0%.

$Adobe (ADBE.US)$ fell 3.6% despite the company increasing its yearly guidance after reporting better-than-expected second fiscal quarter results, which were bolstered by robust AI-driven demand in its digital media segment.

Airline and cruise line stocks dropped after Israel initiated a series of attacks on Iran's nuclear and missile sites, which caused oil prices to rise and sparked concerns over increased fuel costs for airplanes and cruise ships. $United Airlines (UAL.US)$, $Delta Air Lines (DAL.US)$ and $American Airlines (AAL.US)$ decreased by 5.2%, 5.1%, and 4.6%, respectively. Major cruise line stocks also experienced declines, with $Carnival (CCL.US)$ dropping 5.2%, $Norwegian Cruise (NCLH.US)$ decreasing by 4.2%, and $Royal Caribbean (RCL.US)$ falling 3.8%.