U.S. equity futures traded modestly higher Tuesday, extending Monday's record-setting rally as investors focused on another busy day of earnings and economic data. Strong AI-related earnings continued to support technology stocks, while reports of potential U.S. restrictions on Chinese AI networking components added another catalyst for domestic AI infrastructure companies. 📊 Market Snapshot Dow Futures: +0.52% S&P 500 Futures: +0.15% Nasdaq Futures: +0.69% Brent Crude: $85.78 (+2.40%) U.S. 10-Year Treasury Yield: 4.702% VIX: 15.65 Gold: +0.36% Bitcoin: -0.62% 🔥 Key Market Highlights 🤖 AI Rally Continues Technology stocks remained in focus after another strong round of AI-driven earnings. #PLTR surged more than 17% premarket after reporting strong quarterly results and raising full-year guidance, reinforcing confidence in enterprise AI spending. ⚡ Semiconductor Momentum Builds #ON gained roughly 7% premarket after issuing stronger-than-expected revenue guidance, citing continued AI data center demand. The positive outlook also supported AI semiconductor names including #NVDA, #MU, and #MRVL. 🚀 SpaceX Earnings in Focus Investors are awaiting #SPACEX's first quarterly earnings report as a public company after today's market close. The report is expected to provide updates on launch operations, Starlink growth, profitability, and future outlook. 🌐 AI Infrastructure Supply Chain Reports indicate the U.S. is preparing restrictions on Chinese-made optical transceivers used in AI data centers over national security concerns. If implemented, the proposal could benefit U.S. optical networking companies including #LITE, #COHR, #GLW, #AAOI, and #CIEN. 🛢 Oil Prices Rebound Brent crude recovered above $85 per barrel as uncertainty surrounding Middle East negotiations and the Strait of Hormuz continued to support energy prices. Energy sector earnings are expected to remain strong as elevated oil prices continue benefiting producers. 📈 Earnings Season Remains Strong Corporate earnings continue exceeding expectations, with approximately 85% of S&P 500 companies reporting second-quarter results beating Wall Street estimates. Investors are also watching today's earnings from #AMD, #PFE, #MRK, #CAT, and #MCD. 📌 Market Theme Markets remain supported by strong AI-driven earnings, resilient corporate fundamentals, and improving investor sentiment. With SpaceX's first public earnings, AI infrastructure developments, key economic data, and corporate guidance all in focus, investors will continue looking for confirmation that AI investment and earnings momentum can sustain the market's advance.