BofA Consumer Checkpoint (Jun): credit/debit card spening +6.3% Y/Y, the strongest growth in over four years. Increase almost entirely a discretionary story as gasoline prices fall.

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RTX (RTX) has been awarded a GBP 2bln contract from the UK for AI training

Delta Air Lines Inc. (DAL) Q2 2026 (USD) adj. EPS 1.56 (exp. 1.50), Revenue 19.8bln (exp. 18.85bln). Affirms current FY EPS guidance, 6.50-7.50 (exp. 5.92).

BofA Consumer Checkpoint (Jun): credit/debit card spening +6.3% Y/Y, the strongest growth in over four years. Increase almost entirely a discretionary story as gasoline prices fall.

UK has designated Amazon (AMZN) Web Services, Google (GOOG) Cloud, Microsoft (MSFT) & Oracle (ORCL) as Critical Third Parties from the 13th of July; will be subject to oversight by UK financial regulators

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  • Some strength was likely driven by the World Cup and online promotions. 
  • Convergence in wages and spending across incomes in recent months, whether this continues into H2 depends on whether underlying labour market momentum can be sustained.

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