Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Q3 earnings season kicks off in earnest this week. BAC reports Wednesday at 6:45am ET, with the market watching closely for net interest income trends. SCHW follows Thursday, where margin pressure has been a running theme all year. The big week culminates on Monday when NFLX and GM report together. On GM, ORTEX Alt Data points to German car registration data running 133% above the same quarter last year. That dataset has led GM's revenue by 15 days with a strong historical fit across all three months of the quarter.
NVDA dominated the bearish options flow leaderboard Tuesday. The stock sits 21% off its 2026 highs. Geopolitical jitters added oil to the fire. Saudi Civil Defense alerts in Riyadh pushed crude-linked options sharply higher. Analyst Dan Ives argued the selloff was overdone, naming a basket of AI winners, but two-way flow remains elevated.
A separate story hit MSFT today. The DOJ confirmed the arrest of a Saudi national for allegedly installing a covert audio recording device at OpenAI. The implications for AI security and corporate espionage risk are drawing attention across the tech sector.
GME hit a 52-week high today as Ryan Cohen continued buying. That runs against the week's broader short-selling trend, which saw CHWY short interest jump 17.5 percentage points to 87.3% of free float.
On the index front, the MSCI November cut-off is six days away. MRNA stands 74% above the MSCI World entry line, with $4.8B of potential forced buying on a 90% forecast probability. On the deletion side, Flutter Entertainment saw its exit probability jump overnight from 29% to 86%, putting $589M of forced selling in play.
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.
