NASDAQ:RRGB 20 May 2026 - 16 July 2026

The S&P 500 advanced +1.66%, Dow Jones added +1.19%, and Nasdaq 100 jumped +3.36%, buoyed by Microsoft's +15% surge after Q4 Azure revenue exceeded forecasts with +43% growth. Robust earnings propelled semiconductor and AI infrastructure shares higher. Meta Platforms slid -7% on disappointing guidance. Treasury yields climbed, with the 10-year T-note yield reaching 4.67%. US data was mixed, showing slower Q2 GDP at +1.5% and a drop in core PCE inflation to +3.3%.

JetBlue (NASDAQ:JBLU) shares climbed 6.2% to $6.07 after reporting a 14.5% revenue gain in Q2, with fare increases of 8.6% and passenger traffic up 5.1%. Fuel expenses jumped 80.7%, leading to a deeper net loss of $247 million. The stock is valued at roughly 6.1 times estimated 2028 earnings, while significant debt (net debt 2.8 times its market capitalization) and an average fuel price of $4.23/gal-above the $3/gal target-continue to weigh on the outlook.

Amazon reported Q2 earnings that exceeded forecasts, as net sales climbed 20% and AWS revenue rose 37% to $42 billion. The firm increased its infrastructure investments, putting $173 billion into property and equipment, and lifting its 2026 capital expenditure outlook to $220 billion. Though free cash flow remained negative, sentiment stayed positive, reflecting strong demand for cloud capacity driven by AI.