Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Today delivers one of the heaviest single-day earnings slates of the quarter. JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, Johnson & Johnson, and UnitedHealth all report this morning. The bank prints will set the tone for credit conditions and dealmaking sentiment heading into year-end.
Tomorrow, ASML reports Q3 results. The Dutch chip equipment maker is closely watched for its order book, a proxy for semiconductor demand globally. and also report on Wednesday.
Thursday sees Charles Schwab, BNY Mellon, PNC Financial, U.S. Bancorp, and Nordea Bank all delivering Q3 numbers. Progressive releases its September data Wednesday after close.
Truist Financial wraps up the bank reporting run on Friday.
No significant IPOs are scheduled this week.
The MSCI November review ranking date falls on 19 October. Moderna sits 75% above the MSCI North America entry line, carrying an 81% probability of addition. A successful re-entry would force an estimated $3.3 billion of passive buying, according to ORTEX Index Rebalance Radar.
On the autos side, ORTEX Alt Data shows German car registrations running 133% above the same quarter last year. General Motors reports on 20 October. German car data leads GM revenue by roughly 15 days, so the current reading adds context ahead of that print.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
