Catalyst Calendar - March 14, 2026 (EOD)

 ## Today's Catalyst Results How did scheduled events play out? - **Adobe (ADBE) Q1 2026 Earnings** - Result: Adobe shares plunged 7.48% to $249.60 after missing revenue estimates and falling short on earnings. Market reaction: The miss weighed heavily on tech sentiment, contributing to broader Nasdaq weakness. - **AC Immune (ACN) Earnings** - Result: Earnings and revenue missed estimates, with shares barely moving, closing up 0.13% at $196.30. Market reaction: Limited impact, but added to cautiousness in biotech. - **Micron Technology (MU) Earnings Preview** - Result: Shares rallied 4.85% to $425.00, reflecting strong investor optimism ahead of earnings due next week. Market reaction: MU led semiconductor strength amid AI enthusiasm. - **S&P 500 (SPY)** - Result: Closed down 0.57% at $662.29, pressured by tech and AI-related stocks. Market reaction: Investors digesting geopolitical tensions and mixed earnings. - **Oil (USO)** - Result: Rose 1.27% to $119.89 on supply concerns from Middle East conflict. Market reaction: Energy stocks like COP and CVX gained modestly, supporting the sector. ## Surprise News Today Unexpected developments that moved markets: - **$HNRG** - Shares plunged 9.78% to $17.44 following a disappointing earnings transcript and heightened concerns about energy supply disruptions. - **$META** - Meta Platforms dropped 4.27% to $610.96 amid reports of potential 20% workforce cuts as the company doubles down on costly AI investments and data center spending. This fueled investor worries about profitability and execution risks. - **$SNDK** - Sandisk surged 6.56% to $659.40 after CEO comments on pursuing long-term supply agreements, signaling confidence in demand stability despite broader tech weakness. - **$PARA** - Paramount Global fell 4.94% to $11.17 amid mixed sentiment around its movie slate and competitive pressures in streaming. - **$VXRT** - Vaxart collapsed 23.86% to $0.33 after a shareholder call transcript revealed concerns, amplifying biotech sector volatility. - **$HNRG** - Fertitta Entertainment reportedly in talks to acquire Caesars for $6.5 billion, stirring speculation and volatility in casino stocks. ## After-Hours Catalysts Earnings and events happening tonight: - **$ADBE** - Watch for further analyst reactions and guidance updates following today's earnings miss. - **$MSFT** - Microsoft to participate at Nvidia GTC next week; investors will watch for AI-related announcements that could impact shares. - **$MU** - Micron earnings due next week, with strong pre-earnings momentum setting high expectations. - **$GEHC** - GE HealthCare recently received FDA clearance, watch for further updates on product launches. - **$CRWV** - CoreWeave earnings and partnership news may influence after-hours trading. ## Tomorrow's Calendar Key events scheduled for tomorrow: - **FOMC Meeting** - Time: Not specified - Watch for: Interest rate guidance and Fed commentary amid geopolitical tensions and inflation concerns. - **Micron Technology (MU) Earnings** - Time: Not specified - Watch for: Revenue and margin outlook, especially related to AI-driven memory demand. - **Alibaba (BABA) Earnings** - Time: Not specified - Watch for: China consumer trends and regulatory updates. - **FedEx (FDX) Earnings** - Time: Not specified - Watch for: Impact of rising fuel costs and supply chain dynamics. ## This Week Ahead Other catalysts coming this week: - Monday: Nvidia GTC event, expected to feature major AI announcements that could influence semiconductor and software stocks. - Thursday: Quadruple witching options expiration, potentially increasing volatility. ## Highest Conviction Setup Based on today's action and upcoming catalysts: - Stock: **$MU** (Micron Technology) - Catalyst: Upcoming earnings report and strong pre-earnings rally driven by AI memory demand expectations. - Thesis: Micron is positioned as the best-performing AI stock over the past year, up 318%, with momentum likely to continue if earnings confirm robust demand and margin expansion. Positive sentiment around AI spending and memory shortages supports a bullish outlook. --- Overall, markets grappled with geopolitical risks from the Iran conflict, pressuring oil prices and energy stocks while tech faced profit-taking after mixed earnings from major players like Adobe and Meta. The focus now shifts to the FOMC meeting and key earnings from Micron and Alibaba, which will provide further directional cues amid a cautious market environment.