5 Things to Know Before the Stock Market Opens on Tuesday

Palantir shares surged Tuesday after the software company's quarterly results exceeded Wall Street expectations. The stock jumped in premarket trading as investors digested the earnings beat, contributing to broader market strength that saw stock futures rise following a record Dow close on Monday.

The rally came amid a wave of corporate earnings reports hitting the market Tuesday morning. Palantir's results topped consensus estimates, though specific revenue and earnings-per-share figures were not disclosed in the initial report. The company, which provides data analytics software to government agencies and commercial enterprises, has been closely watched by traders as artificial intelligence spending trends continue to shape technology sector performance.

Stock futures pointed to a higher open across major indices, with the Dow building on Monday's record close. Investors also awaited SpaceX's first public earnings release later Tuesday, adding to the market focus on technology and aerospace names.