SpaceX Results Revive AI Trade; Meta Earnings in the Spotlight
US stock futures rose after strong results from SpaceX helped ease concerns over whether the massive global investment in artificial intelligence can be sustained. The upbeat numbers revived appetite for the AI trade and set a more constructive tone for the session ahead. Attention now turns to Meta, which reports quarterly results Wednesday after the market close. Investors will be watching for any updates on the company's AI spending plans and for signs that it is making progress offsetting those costs by monetizing its cloud business. The Opening Trade covers everything investors need to know as markets digest the SpaceX beat and position for a busy stretch of Big Tech earnings.