Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Today the calendar is already busy. NFLX posts Q3 results after the close. TFC Truist Financial reported this morning. In Europe, Nestlé delivered its nine-month sales update today alongside Schneider Electric.
Monday brings GM. German car registration data, which leads GM revenue by 15 days, is running 133% above the same quarter last year across all three months of Q3. That is a strong tailwind heading into the print.
Tuesday is the week's centrepiece. Tesla reports after the close on 21 October. German car data leads Tesla revenue by 43 days and is running 269% above the year-ago quarter. Three of three months are in. Lam Research and Southwest Airlines also report that day.
ISRG Intuitive Surgical posts Monday. URI United Rentals and WAB Westinghouse Air Brake follow Tuesday.
Wednesday sees PG Procter & Gamble hold its earnings call. ROP Roper Technologies and R Ryder System also report. In Europe, Renault releases numbers Wednesday. Austrian car data leads Renault revenue and is running 6% above year-ago, while Dutch registrations are running 40% lower.
No IPOs are confirmed in the next seven days.
One index note: ORTEX Rebalance Radar puts ASTS AST SpaceMobile at 95% probability of MSCI World deletion, with the stock 17.7% below the exit line. A confirmed removal would trigger an estimated $674M of forced selling.
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.
