Check out the companies making the biggest moves in premarket trading: Oil stocks — Shares of energy companies jumped alongside the move higher in oil prices , which surged more than 7% after President Donald Trump’s speech Wednesday night indicated the war in Iran would continue. APA gained 4.3%, while Diamondback Energy , ConocoPhillips , Devon Energy , Exxon Mobil and Chevron all added about 3%. Cruise stocks — Major cruise operators tumbled after President Donald Trump’s speech failed to outline a clear path to end the war in Iran, leading oil prices to surge and reigniting demand fears. Carnival , Royal Caribbean and Norwegian Cruise Line all fell about 4%. Airliners — Higher oil prices also sent airline stocks tumbling, with Delta Air Lines , United Airlines , Southwest Airlines and Alaska Air all fell about 4% Gold miners — Gold prices shed 1% after Trump’s speech. Shares of gold miners followed suit, with Newmont and Kinross Gold losing about 5% and Iamgold shedding nearly 6%. General Motors — The auto manufacturer slipped more than 1% after it revealed on Wednesday that first quarter sales fell 9.7% compared to the same three months a year ago. General Motors and other car makers were also weighed down by rising oil prices on Thursday, on fears it could lead to shifts in consumer spending that weaken demand in the auto market. Globalstar — The mobile satellite services provider rallied 15% following a Financial Times report that Amazon was in talks to acquire the company. Shares of Amazon were down more than 2%. Amazon declined to comment and Globalstar didn’t immediately respond to a request for comment. — CNBC’s Davis Giangiulio contributed reporting.
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