Global companies are already sitting on a $25 billion bill from the Iran war, and the meter keeps running as supply chains, energy costs, and shipping routes remain disrupted. We look at which industries are absorbing the biggest losses and what forward-looking investors need to watch in upcoming earnings reports. Today&#x27;s Stocks &amp; Topics: Coeur Mining, Inc. (CDE), Market Wrap, State of the U.S. Economy, War&#x27;s $25 Billion Tab: How the Iran Conflict Is Hitting Corporate Earnings, JPMorgan Chase &amp; Co. (JPM), Palantir Technologies Inc. (PLTR), POET Technologies Inc. (POET), Grab Holdings Limited (GRAB), Productivity. Our Sponsors: * Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com * Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me * Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai * Check out Progressive: https://www.progressive.com * Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com * Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com * Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com Advertising Inquiries: https://redcircle.com/brands

War's $25 Billion Tab: How the Iran Conflict Is Hitting Corporate Earnings

InvestTalk

# Full Transcript

**Podcast:** InvestTalk

## Participants

- **Justin Klein** (KPP Financial)
- **Luke Guerrero** (KPP Financial)

## Transcript

This is InvestTalk from KPP Financial, helping investors make sense of the markets one day at a time. Here's your host, Justin Klein. Justin Klein, Good afternoon, fellow investors, and welcome back to InvestTalk. This is our Wednesday, May 20th, 2026 edition of InvestTalk.

I'm excited for this hour with you to unpack what's going down in the market. There's a lot to unpack, a lot to discuss. Our main focus point is very interesting today because the war in Iran and the closure of the trade to Ramos has certainly upended a lot of what's happening in supply chains around the world.

The question is, what's the ultimate impact? We're starting to reveal that, or these companies are. We'll dig into that and much, much more on this hour. This hour will be dedicated to that and answering your finance and investment questions. So that's what we are here to do. We're here to give you data and context that you can bring it back to your own personal situation and make better decisions with your money.

That's what this hour is always about. So when you're ready, don't be afraid to pick up the phone. Now, as you know, we wrapped up our latest InvestTalk Wealth webinar on May 6th. The topic was inflation. We thank you all for participating and you can check it for free over on the InvestTalk YouTube channel right now. Now, in just a bit, we'll talk about today's market performance and run down the show topics. But first, let's tackle this caller question now.

Hi, Justin and Luke. I'm calling today about ticker CDE, Coeur Mining. I'm thinking there might be a silver rally coming up. And I was wondering if you think this is a good position to hold on to. Appreciate your time. Bye. All right. Looking at Coeur Mining. Oh, here's a D in there. So this is out of the United States out of Illinois. They're well diversified precious metal producer.

Producing about let me look at their. Yeah, 57% is here in the United States. 43% of the revenue comes from Mexico. So North American producer. Some silver, some gold. So you're getting a little bit. You're getting some diversity there. I like that. I like. I like silver. As well as gold.

But silver has some industrial applications that I think is making it a little more scarce at the moment. So I do like that. Earnings for this year. $1.84. After making 80 cents last year. Then 205 expected next year. And it's a $17.73. Docs. You're talking about less than 10 times forward looking earnings. Once again, like that.

Now the precious metal place space has, excuse me, space has pulled back as of late. But to me, it's, I think, reset. Sentiment. It's gotten people a little bared up. And when the structural factors behind the multi-year move in precious metals have remained intact and everyone else is bearish. Well, that's a time that I get a little more bullish.

And you had a ...

War's $25 Billion Tab: How the Iran Conflict Is Hitting Corporate Earnings

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

War's $25 Billion Tab: How the Iran Conflict Is Hitting Corporate Earnings

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.