Nasdaq, S&P 500 Futures Climb As Wall Street Awaits AMD, SpaceX Earnings After Palantir Rally: Why SNAP, AMZN, SNDK, LCID, SLS, ASTS Are In Focus
U.S. stock futures rose early Tuesday after Monday’s earnings-led rally. Nasdaq futures were up 0.7% and S&P 500 futures up 0.1% at 4:00 a.m. ET. Investors focused on Palantir and Snap results, with AMD, Lucid and SpaceX set for after-hours earnings. Retail sentiment stayed bearish for SPY and QQQ.
How this was made

The 30-second read
Why it matters
Traders can use the article to identify near-term event risk (AMD, Lucid, SpaceX) and to gauge whether the market is rewarding earnings beats (Palantir, Snap) versus punishing supply or uncertainty (Amazon Form 144, rumor-driven Microsoft).
Market read
Overall futures are modestly higher, but the actionable trading focus is concentrated in a handful of earnings and event-driven catalysts.
What to watch
For AMD and Lucid, the market will likely trade the balance sheet and capex/liquidity details more than the headline loss/roadmap items; for Amazon, Form 144 is a supply overhang signal but not necessarily immediate selling.
Background
The piece is a pre-market market wrap centered on Monday’s earnings-driven rally and the next wave of after-hours earnings, plus several single-name catalysts.
Ticker impact
Palantir shares surged about 15% premarket after the company beat earnings expectations and raised its outlook.
Bullish bias into the open, with elevated volatility as traders digest the raised outlook.
The article cites a specific premarket move and attributes it to an earnings beat and outlook raise, which typically drives follow-through but can fade if guidance details disappoint.
Snap rose roughly 9% premarket on strong Q2 advertising and subscription growth, with CEO pointing to room for further subscription expansion.
Positive near-term bias, but expect choppy trading if the market focuses on monetization sustainability.
The article provides concrete drivers for the move (ads and subscription growth) and a forward-looking CEO comment, but lacks numeric guidance details.
AMD is set to report Q2 after the bell, with investors watching guidance, Helios AI roadmap updates, and data center momentum.
Volatility likely increases into the report; direction depends on guidance and data center commentary.
The article frames AMD as an upcoming earnings event with specific watch items, but does not disclose results or new guidance.
Lucid reports after the bell, with expectations of a $900 million quarterly loss and focus on liquidity and restructuring under new CEO Silvio Napoli.
High event risk, with downside skew if liquidity worsens or production guidance disappoints.
The article includes a specific loss expectation and names the decision points traders will parse, but provides no actual new company disclosure.
SpaceX is scheduled to release its first quarterly earnings as a listed company after-hours, with attention on Starlink profitability and AI-related capex.
Two-sided reaction risk; profitability and capex outlook will likely dominate, especially with the upcoming post-IPO share unlock.
The article highlights the earnings release timing and the share unlock proximity, but does not provide the earnings figures.
Amazon fell over 1% premarket after reports said Jeff Bezos filed a Form 144 to sell up to 15 million shares.
Mild-to-moderate bearish bias near term, with potential relief if selling is slow or smaller than feared.
The article cites a specific Form 144 filing size, which is a concrete supply overhang signal, but it does not confirm execution timing.
Microsoft dropped over 1% premarket after reports suggested Xbox 360 games may soon come to Windows PCs.
Short-term volatility likely; sustained upside depends on confirmation and commercial impact.
The catalyst is described as a report about potential availability, not a confirmed announcement or financial guidance change.
SanDisk rose about 3% premarket after SanDisk and SK Hynix released the first Open Compute Project technical specification for HBF standardization.
Mild bullish bias if traders view it as accelerating adoption of HBF in AI inference systems.
The article cites a concrete standards/spec release, which is a tangible development, but it does not quantify revenue impact.
Market effects
AI software and ad-tech earnings momentum (Palantir, Snap) can lift sentiment across data/AI and digital advertising, while memory/storage standardization (SanDisk) supports AI-inference infrastructure narratives.
Primarily US-focused risk appetite via futures and large-cap earnings, with limited direct regional spillover beyond US tech and semis.
SpaceX first public earnings and Starlink capex/profitability expectations can influence global satellite and connectivity investment sentiment.
Counterpoint
The article’s biggest movers (Palantir, Snap) may already be priced for the headline beat, so follow-through could fade if guidance details are less strong than traders expect.
Key entities
- equityPalantir
Beat earnings and raised outlook, driving a large premarket jump.
- equitySnap
Q2 advertising and subscription growth beat, lifting the stock premarket.
- equityAMD
Upcoming Q2 report, with focus on guidance and AI roadmap updates.
- equityLucid
Upcoming Q2 report, with liquidity and restructuring focus.
- equitySpaceX
First public earnings as a listed company, with Starlink profitability and capex in focus.




