Iran’s Revolutionary Guard named 18 companies for retaliation after strikes against its companies:
CiscoHPIntelOracleMicrosoftAppleGoogleMetaIBMDELPalantirNvidiaJP MorganTesla
GE Spire Solution G42Boeing
It’s not clear if this is a warning about striking its companies or something else but Iran warned employees and civilians within 1Km to leave and vowed to strike these corporate facilities in retaliation for any assassinations in Iran.
We are seeing a selloff in these names but it coincides with a broader pullback in today’s market rally. The S&P 500 had been up 110 points but that’s down to 62 points with everything under pressure.
For Palantir, Microsoft, and Google, Iran specifically cited their involvement in defense contracts (like Project Maven or cloud services for the IDF) and AI-driven intelligence gathering used to coordinate strikes.
This article was written by Adam Button at investinglive.com.