5 things to know before the stock market opens Tuesday

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Here are five key things investors need to know to start the trading day:

Attention turns to Cupertino today, with Apple‘s launch event taking place at the company’s California headquarters at 1 p.m. ET. Investors, analysts and consumers alike will be watching for the latest releases from the tech titan.

Here’s what to know:

CEO Tim Cook and other company executives are expected to reveal the latest line of iPhones and Apple Watches.Following the event, Apple will drop the newest version of its operating system, called iOS 26, which features a visual redesign that the company dubbed “Liquid Glass.”Shares of the company ticked lower in premarket trading this morning ahead of the event, which has the tagline “Awe dropping.”Follow along all day with CNBC’s live coverage of the event.

The tech-heavy Nasdaq Composite surged to a fresh all-time closing high yesterday, and the good vibes didn’t stop there: The Dow and S&P 500 also both posted gains.

The moves come as investors await the release of closely followed inflation data on Wednesday and Thursday, which could help determine the Federal Reserve’s course of action when it meets next week. While Fed funds futures are largely pricing in a quarter-point interest rate cut, CNBC’s Jeff Cox reports that there’s a small chance of a larger, half-point decrease.

We’re also watching for annual revisions to employment data, which will come out at 10 a.m. The revisions will likely garner heightened attention following President Donald Trump’s removal of the Bureau of Labor Statistics commissioner in August. The revisions will entail the 12-month period preceding March 2025.

Follow live markets updates here.

It’s been one year since Brian Niccol took the helm at Starbucks, setting into motion his broad plan to revamp the embattled coffee chain. Niccol discussed his turnaround effort in an interview with CNBC’s Kate Rogers, saying he’s seen signs that Starbucks is “doing the right things.”

“What we’re really excited about is we’re seeing both non-Rewards customers come back in a big way, as well as Rewards customers. That is, to me, the sign that we’re doing the right things, both in the store and outside of the store,” he told Rogers.

Watch the full interview here.

StubHub is revealing new details about its plans to go public via IPO.

The ticket-selling platform said in a filling yesterday that it is looking to raise as much as $851 million, meaning its valuation could rise as high as $9.2 billion. The company plans to sell more than 34 million shares priced in a range of $22 and $25.

StubHub’s updates aren’t the only IPO news this week. Buy-now-pay-later loan provider Klarna and crypto firm Gemini are both set to make their public market debuts this week.

Private equity firm Carlyle inked a partnership with Formula 1 team Oracle Red Bull Racing, CNBC’s Leslie Picker exclusively reported this morning. As part of the deal, Carlyle branding will be seen on everything from the car to its garage.

Carlyle becomes to latest PE firm to partner with a sports franchise in hopes of raising brand awareness. The deal also comes amid a surge in interest for F1 in recent years.

A large-scale immigration raid at a Hyundai facility in Ellabell, Georgia, resulted in more than 400 arrests last week. A majority of those arrested were South Korean nationals. CNBC’s Laya Neelakandan has everything you need to know about the situation.

— CNBC’s Leslie Picker, Annie Palmer, Kate Rogers, Amelia Lucas, Sean Conlon, Kif Leswing and Laya Neelakandan contributed to this report. Josephine Rozzelle edited this edition.