Mega-Cap Week: Microsoft, Amazon, Apple Queue Up

Today Porsche AG kicks off a busy week for auto earnings. The German carmaker reports alongside a slate of Asian banks. Later today, Société Générale will also be watched after a mixed year.

Tomorrow is the week's busiest day. Microsoft ($3.95 trillion market cap) releases after the close. Amazon follows on Wednesday alongside Intel. Chipotle Mexican Grill and Align Technology also post Tuesday. Amphenol holds its earnings call Tuesday morning.

European auto results dominate mid-week. Mercedes-Benz reports Tuesday. Dutch car registrations ran 6% below year-ago levels through all three months of the quarter, per ORTEX alt data, a strong-fit leading indicator for Mercedes revenue. Volkswagen follows Wednesday. Austrian car registrations, a moderate-fit lead for VW revenue, also ran down 6% year-on-year. Renault reports Wednesday too. Its Dutch registration signal, a moderate-fit lead, ran 19% below year-ago levels.

Bristol-Myers Squibb posts Wednesday morning. BorgWarner reports the same day.

Thursday brings Apple ($5 trillion market cap) after the close. Check Point Software and Aehr Test Systems also report that day.

No confirmed IPOs are scheduled in the next seven days on the ORTEX calendar.

The MSCI World November review announcement is due 11 November. Moderna sits 75% above the MSCI World entry line. ORTEX forecasts an 88% probability of addition, with tracker buying estimated at $4.4 billion.