Palantir Technologies rose in early U.S. trading on Monday after the data-analytics company secured an enterprise software contract with the U.S. Army valued at up to $10 billion over the next decade. The agreement consolidates several existing deals into a single framework, giving the Army broader, faster access to Palantir’s artificial-intelligence-driven platforms while cutting procurement delays and fees. The award comes as Palantir’s stock trades near record levels, having more than doubled this year on expectations that government and corporate demand for AI applications will accelerate. The shares gained about 2 percent pre-market, extending last week’s outperformance. At roughly 277 times forward earnings, Palantir carries the richest multiple in the S&P 500, leaving investors sensitive to any sign of slower growth. Attention now turns to second-quarter results due after Monday’s closing bell. Analysts surveyed by Wall Street expect earnings of $0.12 a share on revenue of roughly $938 million, implying year-over-year growth of about 38 percent. Options pricing suggests the stock could swing about 12 percent on the report—well above its historical average—underscoring the heightened scrutiny of the company’s ability to deliver another ‘beat-and-raise’ quarter while digesting its newest military win.