Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
General Motors reports Monday, 20 October. Tesla follows Tuesday. Both are closely watched given the auto cycle and electric vehicle demand trends.
German car registration data tracked by ORTEX Alt Data, which leads GM's revenue by 15 days with a strong fit, is running 133% above the same quarter last year, all three months in. The same dataset leads Tesla's revenue by 43 days and is running 269% above year-ago levels, three of three months in. Those are readings, not forecasts. But the direction is clear.
Today, Nestlé and Schneider Electric both report in Europe. Regions Financial reports in the US. posts in Sweden.
Later in the week, Renault reports Wednesday. Austrian car data, a moderate-fit revenue lead, runs 6% above last year. Dutch car data runs 19% below.
Volvo Car reports Thursday. Finnish car data, a moderate-fit lead, sits 9% below year-ago levels.
No IPOs are scheduled in the next seven days.
On the index side, Fabrinet's deletion probability from MSCI World jumped from 8% to 49% overnight. Three sessions remain before Monday's ranking cut-off. That would force an estimated $826M of index 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.
