Auto Week: GM, Tesla, Meta Lead Packed Calendar

Today is one of the busiest mornings of the earnings season. GM reports Q3 results before the open, joined by GE, RTX, HAL, and MMM. NFLX and ISRG follow after the close. ORTEX alt data adds context for GM: German new-car registrations, which lead GM revenue by 15 days with a strong fit, are running +133% on the same quarter last year.

Tomorrow, TSLA and META both report after the bell. Tesla's quarter carries particular weight. German car registrations, a leading indicator for Tesla revenue, are running +269% year-on-year across all three months of the quarter. IBM, AT&T, LUV, LRCX, and GGG also report Tuesday.

Wednesday brings PG, LMT, ROP, and Ryder System. SLB follows Thursday. CDNS, VZ, and CLS close the week Monday.

No IPOs are scheduled in the next seven days.

On the index radar, the MSCI World November review has its rank date locked as of yesterday. Textron's deletion probability fell sharply overnight, from 89% to 53%. The announcement lands 11 November, with $780M of potential forced selling at stake. McCormick sits at 80% deletion odds, with $692M of selling in play.

European earnings add to the mix. Thales reports nine-month sales Wednesday, and Renault posts results Thursday.