GoKawiilThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. With another decline yesterday, SpaceX has now relinquished the equivalent of Tesla 's entire market valuation. Yes, you read that correctly. Nasdaq-100 futures are falling this morning as chipmakers weigh on the index for a second straight day. The S&P 500 finished yesterday's session near flat. Here are five key things investors need to know to start the trading day:
1. On the move
Kelly Ortberg, chief executive officer of Boeing Co., during a media event at the Boeing Delivery Center in Seattle, Washington, US, on Wednesday, Jan. 7, 2026. M. Scott Brauer | Bloomberg | Getty Images
Transportation industry investors have a lot to analyze this morning. Boeing , JetBlue and UPS all reported quarterly results before the bell, kicking off what's slated to be one of the busiest earnings weeks of the season. Here's a recap: Boeing posted a wider-than-expected quarterly loss as costs tied to its delayed Air Force One program offset higher revenue and aircraft deliveries. The stock is up more than 1% before the bell.
Shares of UPS are also higher after the company beat expectations on the top and bottom lines. The delivery giant raised its full-year outlook as its turnaround strategy gained momentum.
JetBlue, meanwhile, posted a smaller-than-expected loss for the second quarter a day after the airline overhauled its fare choices.
Tune into CNBC today for interviews with the CEOs of all three companies. Catch Boeing's Kelly Ortberg at 9:05 a.m. ET, UPS's Carol Tomé at 10 a.m. ET and JetBlue's Joanna Geraghty at 2:15 p.m. Watch live on CNBC or CNBC+.
Plus: Keep an eye out for Ford
2. Downstream
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on July 27, 2026. Angela Weiss | Afp | Getty Images
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