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Bank of America and Morgan Stanley kick off a packed earnings week today. BofA reports Q3 before the open at 6:45 AM ET. Morgan Stanley follows at 7:30 AM. Both are among the largest US lenders. Their results set the tone for the financial sector.
Tomorrow, Charles Schwab releases its Q3 numbers at 8:30 AM ET. Brokerage revenues and interest margins will be in focus. Nordea Bank also reports from Europe.
Mid-week, Truist Financial holds its Q3 earnings call on Thursday. Steel Dynamics and follow on Sunday evening for Monday morning effect.
Monday closes with a high-profile double. Netflix reports Q3 results after the bell. Intuitive Surgical does the same. Northrop Grumman holds its earnings call Monday morning.
General Motors reports Tuesday October 20. German car registration data, a dataset ORTEX measures as a 15-day lead on GM revenue, is running 133% above the same quarter last year across all three months. That reading will sharpen attention on the top line.
Tesla closes the week on Tuesday October 21 after the bell. The same German car data, which ORTEX measures as a 43-day lead on Tesla revenue, is running 269% above the prior-year quarter. No IPOs are scheduled in the coming seven days.
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.