Auto Majors and Big Tech Set a Busy Week

Wednesday kicks off the heavy lifting. Microsoft reports after the close, with its earnings call scheduled for 5:30 pm ET. Chipotle Mexican Grill and eBay follow on the same day. Amphenol holds its call at 1 pm ET on Wednesday, too.

Tuesday brings Coca-Cola before the open at 8:30 am ET and S&P Global shortly after at 7:15 am. Centene also drops results first thing Tuesday morning.

Thursday is the biggest day. Amazon releases Q3 numbers after the close. Intel holds its earnings call the same evening. Bristol-Myers Squibb reports before the open at 8 am ET, alongside BorgWarner at 9:30 am.

Auto earnings dominate the European schedule. Volkswagen and Renault both report Thursday. ORTEX Austrian car registration data, which leads Volkswagen revenue by 18 days with a moderate fit, is running 6% below year-ago levels through all three months of the quarter. For Mercedes-Benz, reporting Wednesday, Dutch registration data with a strong fit runs 6% below the same quarter last year.

No IPOs are scheduled in the next seven days per the database. The Russell 2000 ranking cut-off lands on Thursday October 30, with TuHURA Biosciences just 0.5% above the entry line and Health Catalyst needing a 1% gain to stay in play, according to ORTEX Index Rebalance Radar.