The prospect of a prolonged Iran war and elevated oil prices is prompting stock investors to reassess a broader array of industries, including less obvious targets from food delivery firms to cosmetics makers as supply disruption intensifies.

Attempts to provide upgraded software for F-35 jets have “stagnated” and no new combat capability was delivered last year, according to the annual report by the Pentagon’s testing office, even as the fighter jets fly missions over Iran.

Also: Inside Apple’s smart home delays.

A metal used in weapons and semiconductors is finding itself the subject of geopolitical tensions as Chinese export limits and rising military demand squeeze supplies, sending prices to record highs.

Gold slid below $5,000 an ounce, as the war in the Middle East entered a third week and oil prices spiked after attacks on critical energy infrastructure over the weekend.

Oil climbed Monday after a US strike on Iran’s main export hub raised the risk the war may escalate and disrupt energy flows from the Middle East.

Oil rose as much as 3.3% after US attacks on Iran’s main export hub marked another escalation in the war that’s all but cut off global customers from the region’s energy supplies for more than two weeks.

China’s long-running effort to build out its energy sources is getting fresh momentum from the war in the Middle East, reinforcing a strategy that’s sent grid operators on a bond-selling binge and funneled hundreds of billions of dollars into the market.

The latest jobs data is pointing to a softer US labor market, even as overall economic conditions have remained relatively solid. Steven Rattner of Willett Advisers unpacks what is driving that disconnect, why tariffs may be adding pressure on employers, how AI is already influencing hiring decisions, and why the combination of forces could create a challenge for the Fed and for investors. (Source: Bloomberg)

Having recently updated the regular iPhone with a raft of meaningful upgrades, Apple Inc. set a high bar for its entry-level “e” series.