GoKawiilThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. Planning a road trip this summer? If Kalshi traders are right, you could once again be shelling out $4 a gallon for gas. Stock futures are mixed this morning as semiconductor stocks weigh on the market. All three major averages closed higher yesterday. Here are five key things investors need to know to start the trading day:
1. Aisle clean-up
People shop for groceries at a store in Arlington, Virginia, the United States, on June 10, 2026. Li Rui | Xinhua News Agency | Getty Images
2. United we fall
A United Airlines plane taxis at Los Angeles International Airport on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images
United Airlines beat Wall Street's second-quarter expectations on both lines. But as CNBC's Leslie Josephs reports, the air carrier's adjusted earnings forecast for the current period came in below analyst estimates as it warned it could see nearly $6 billion in additional fuel costs this year. The Chicago-based airline said its fuel costs in the second quarter were 84% higher than a year ago. United said it would cover as much as 90% of the elevated costs in the current quarter and all of it in the final three months of the year. Shares of the airline are more than 3% lower before the bell.
3. Time for a checkup
UnitedHealth Group Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images
Shares of UnitedHealth are nearly 6% higher in premarket trading after the insurer blew past Wall Street's expectations for the second quarter and raised its profit outlook for the full year. As Annika Kim Constantino reports, the healthcare giant said its turnaround is gaining momentum as it exits unprofitable contracts, reduces membership and reins in medical costs. It is also investing $1.5 billion into artificial intelligence to boost efficiency. Still, CFO Wayne DeVeydt said medical costs remained elevated in the quarter, and the company warned that rising premiums are pushing more customers out of its plans.
4. D.C. dispatch
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