Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
The week opens with GM reporting Tuesday and Tesla following Wednesday. Both prints arrive in a strong read-through environment. German car registrations, a dataset that leads GM revenue by 15 days, are running 133% above the same quarter last year. For Tesla the same indicator runs 269% higher year on year, a rare triple-digit reading across all three months of the quarter.
Netflix reports Monday after the close. The streaming giant carries a $302 billion market cap into the print. Intuitive Surgical also reports Monday, with a $151 billion valuation on the line.
Tuesday brings ABB before European markets open. The $167 billion Swiss industrial group releases Q3 results at 3am New York time.
Wednesday sees Lam Research ($347 billion market cap) and Procter & Gamble ($365 billion). P&G's Q1 call starts at 8:30am. Southwest Airlines adds an aviation test mid-week, with US domestic passenger numbers rising for three consecutive months per airport traffic data.
On the index front, the MSCI World rank date falls Sunday 19 October. Fabrinet saw deletion odds jump from 8% to 49% overnight. A deletion would force $550M of selling, equal to 1.6 days of normal volume. No IPOs are scheduled in the next seven days.
Renault and Volvo Car report Thursday. Dutch car data, which leads Renault revenue by 43 days, is running 19% below last year's quarter. For Volvo Car, Finnish registrations point 9% lower.
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.
