Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
GM reports tomorrow, Tuesday 20 October, followed by TSLA on Wednesday. Both are the headliners in a week dense with auto and financial sector results across the US and Europe.
GM kicks things off first. Short interest sits at just 2.4% of free float. German car registrations, a dataset ORTEX measures as a leading indicator for GM revenue, are running 133% above the same quarter last year, all three months in. That is a strong backdrop for tomorrow's print.
Tesla follows on Wednesday. Its short interest is similarly low at 2.5% of free float. The same German car registration data, which leads Tesla revenue by 43 days with a strong fit, is running 269% above last year's equivalent quarter. That is the sharpest alt-data reading of any name reporting this week.
On the European side, Renault reports Thursday 22 October. Its alt-data signals are mixed. Austrian registrations point to 6% growth year-on-year. Dutch registrations point to a 19% decline.
Volvo Car also reports Thursday. Finnish registrations, a moderate-fit leading indicator for Volvo Car revenue, are running 9% below last year's quarter. India registrations point to 9% growth.
No IPOs are confirmed in the next seven days. The MSCI World rank date falls today, meaning today's closing prices determine index membership changes announced 11 November. Fabrinet faces a 90% probability of MSCI World deletion, implying $779M of forced selling. Moderna is the largest expected addition at $4.9B of forecast tracker buying.
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.
