Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Three of the most closely watched prints of the quarter land in the next five sessions. GM reports Tuesday and TSLA follows Wednesday. Both arrive against a backdrop of rising US inflation. Core CPI hit 339.287 in September, its highest reading since the series began in 1997. The annual rate climbed to 3.7%, the steepest September print in two years.
For GM, ORTEX alternative data adds texture. German car registration data, which leads GM revenue by 15 days with a strong measured fit, is running 133% above the same quarter last year across all three months. GM auto loan delinquencies are also 1.2 standard deviations above their own history as of 29 September, a credit stress signal worth watching alongside the revenue line.
Tesla's picture looks brighter on registrations. The same German car dataset leads TSLA revenue by 43 days and is running 269% above year-ago levels, three months out of three. Short interest in both names is modest: GM sits at 2.4% of free float, TSLA at 2.5%.
On the index radar, FN faces pressure this week. Fabrinet's MSCI World deletion probability jumped from 8% to 49% overnight. The ranking cut-off is Monday. Trackers linked to MSCI World face $826M of forced selling if Fabrinet falls through. Three sessions remain.
No IPOs are scheduled in the next seven days. The week belongs entirely to earnings and index mechanics.
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.
