Jul. 11 at 6:57 AM
$RVLY (Revolut) is said to be raising about
$1 billion at a
$65 billion tag to fuel its US expansion.
$MDT jumps after a friendlier-than-expected CMS draft on renal denervation—analysts peg that market at
$5–10 billion.
$BYD cashes out of FanDuel, selling its 5 % stake to
$FLUT for
$1.8 billion; proceeds go toward debt reduction.
$LEVI beat hard: EPS
$0.22 vs
$0.13 est., revenue
$1.4 billion vs
$1.37 billion est.
📌*Economy*
UK GDP surprise: The economy fell 0.1 % in May—second straight monthly dip, against a 0.1 % growth call.
Jobless claims: 227 k—still low, but data noise is rising.
OPEC+ is talking about pausing October output hikes; oil is steady after
$XOM flagged a
$1.5 billion Q2 hit from lower prices.
📌 *Today’s Calendar – (UK / US ET)*
09:00 / 04:00 – IEA Monthly Oil Report
17:00 / 12:00 – USDA WASDE Report
18:00 / 13:00 – US Baker Hughes Oil Rig Count
18:00 / 13:00 – US Baker Hughes Total Rig Count
19:00 / 14:00 – US Federal Budget Balance (June)
