Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
SCHW and BNY report this morning. Charles Schwab releases figures at 8:30am ET. Bank of New York Mellon posted before the open. Both follow a strong run for US financials.
Tomorrow, TFC reports at 8am ET. The regional bank carries a $56 billion market cap and is one of the largest lenders yet to update the market this season.
The main event is Monday through Tuesday. GM reports pre-market on Monday 20 October. NFLX and ISRG post that evening. NOC holds its call Monday morning. German car registration data tracked by ORTEX Alt Data, a series that leads GM revenue by 15 days with a strong model fit, is running 133% above the same quarter last year across all three months. That is a sharp backdrop for GM's print.
Tuesday 21 October is the busiest day. TSLA reports after the close. The same German registration dataset leads Tesla revenue by 43 days and is up 269% year-on-year for three consecutive months. LRCX, TXN, IBM and TMO all report the same evening. T and WAB report Tuesday morning. SAP releases European results after Tuesday's close.
ABB in Switzerland reports Monday. Sector watchers will compare its industrial automation numbers against US peers.
No IPOs are confirmed in the seven-day window. The macro backdrop adds weight to every print: core CPI fell to 2.6% year-on-year in September, its smallest September reading in five years, even as the all-items CPI index reached its highest level since the series began in 1997.
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.
