Catalyst Calendar - March 24, 2026 (EOD)

 ## Today's Catalyst Results How did scheduled events play out? - **AAR Corp. (AIR) Q3 2026 Earnings Call** - Result: Strong quarter with shares up 4.17% to $107.81, reflecting positive reception to earnings and contract wins including a $450M U.S. Air Force pallet contract. Market reaction: Shares rallied on solid operational execution and contract momentum. - **Fractyl Health, Inc. (GUTS) Q4 2025 Earnings Call** - Result: Mixed results with cost-cutting efforts noted but stock dipped 11.73% to $0.50. Market reaction: Investors reacted cautiously to earnings despite operational improvements. - **Achieve Life Sciences, Inc. (ACHV) Q4 2025 Earnings Call** - Result: Earnings call transcript released; stock dropped sharply by 25.19% to $3.03, signaling disappointment or negative guidance. Market reaction: Significant selloff likely due to unmet expectations or trial delays. - **TELA Bio Q4 2025 Earnings Call** - Result: EPS beat at $(0.17) vs $(0.18) estimate, but sales missed $20.869M vs $21.047M estimate; FY2026 revenue guidance below consensus. Market reaction: Shares declined 10.19% to $0.75 on mixed results and cautious outlook. - **KB Home Q1 2026 Earnings** - Result: Missed earnings by $0.03 and revenue fell short; margin pressure noted. Market reaction: Shares slid, reflecting concerns over cost pressures despite strategic gains. - **MaxCyte Q4 2025 Earnings Call** - Result: Missed earnings and revenue forecasts; stock reaction muted but cautious. - **BioStem Technologies, Inc. Q4 2025 Earnings** - Result: Missed forecasts; stock fell on earnings call. - **Core & Main Q4 2025 Earnings** - Result: Beat EPS estimates but shares dipped, possibly due to cautious guidance. - **Smithfield Foods Q4 2025 Earnings** - Result: Strong EPS growth and record profits; shares steady. - **Cadeler A/S Q4 2025 Earnings** - Result: Strong results beat guidance; shares up 1.54% to $23.11. - **Braze (BRZE) Q4 2026 Earnings Call** - Result: Shares surged 13.37% to $21.45, indicating strong earnings or outlook. ## Surprise News Today Unexpected developments that moved markets: - **Arm Holdings (ARM)** - Unveiled a new AI chip targeting $15 billion in annual sales; Meta Platforms is the lead partner for the AGI CPU, with collaboration on design. Shares soared 5.19% to $144.00. Market reaction: Strong enthusiasm for Arm’s strategic AI push and partnership with Meta, fueling optimism on AI chip market growth. - **Meta Platforms (META)** - Ordered to pay $375 million in New Mexico trial over child exploitation law violations; shares down 1.06% to $597.63. Market reaction: Legal risks weighed on shares despite ongoing AI deal momentum. - **Palantir Technologies (PLTR)** - Shares fell 2.70% to $156.50 amid tech weakness despite new government contract wins, reflecting investor caution on AI disruption fears. - **Coinbase (COIN)** - Shares plunged 8.67% to $183.23 on fears of stablecoin yield restrictions and regulatory concerns. Market reaction: Crypto sector volatility intensified. - **Circle Internet Group (CIRC)** - Shares tumbled 16% on draft legislation threatening stablecoin rewards, triggering crypto sell-off. - **FICO (FICO)** - Shares dropped 6.43% to $995.00 amid Senate investigation over mortgage credit score pricing, raising regulatory risk concerns. - **Microsoft (MSFT)** - Despite a BofA analyst reinstating a Buy rating with a $500 price target citing AI dominance, shares declined 2.14% to $374.80, reflecting mixed investor sentiment. - **Oracle (ORCL)** - Shares fell 4.01% to $148.15 despite BofA reinstating coverage with a Buy rating, possibly due to broader tech weakness. - **Adobe (ADBE)** - Shares declined 3.09% to $239.99 amid leadership transition concerns despite strong earnings. - **Dell Technologies (DELL)** - Shares jumped 7.49% to $176.91, reflecting strong earnings and private credit fund buying amid market turmoil. - **Globe News: Oil prices fell sharply on reports of a proposed U.S. cease-fire to Iran, with oil futures retreating from recent highs. Market reaction: Oil prices slipped but stocks futures climbed modestly, supporting a cautious risk-on tone.** - **Gold (GLD)** - Gained 1.79% to $411.29 as investors sought safe haven amid geopolitical uncertainty and inflation concerns. ## After-Hours Catalysts Earnings and events happening tonight: - **Arm Holdings (ARM)** - Watch for further details on AI chip launch and revenue guidance impact. - **Meta Platforms (META)** - Monitor legal developments and AI partnership updates. - **TELA Bio (TELA)** - Follow up on Q4 earnings details and FY2026 guidance. - **Achieve Life Sciences (ACHV)** - Watch for further commentary on Q4 results and pipeline progress. - **Braze (BRZE)** - Earnings follow-up and outlook commentary. - **Fractyl Health (GUTS)** - Additional insights from Q4 earnings call. - **KB Home (KBH)** - Further details on margin pressures and strategic initiatives. ## Tomorrow's Calendar Key events scheduled for tomorrow: - **No specific earnings or economic events with confirmed times were mentioned for March 25.** - Watch for continued market reaction to geopolitical developments, especially U.S.-Iran talks and oil price movements. ## This Week Ahead Other catalysts coming this week (only if dates mentioned): - **March 24:** Multiple Form DEF 14A filings from companies including CH Robinson, Quanex Building Products, Simpson Manufacturing, Vornado Realty Trust, and Vulcan Materials Company, which may signal upcoming shareholder meetings or proxy votes. - **March 24:** Form 144 filings for Freightos Limited, Clene Inc, Redwire Corporation, and others, indicating insider or institutional trading activity. ## Highest Conviction Setup Based on today's action and upcoming catalysts: - Stock: **Arm Holdings (ARM)** - Catalyst: Launch of new AI CPU chip with $15 billion annual sales target and strategic partnership with Meta Platforms. - Thesis: Arm’s bold entry into AI chip manufacturing, combined with marquee partners like Meta and OpenAI, positions it to capitalize on the accelerating AI supercycle. The strong after-hours price surge reflects investor confidence in its growth trajectory and market share gains in AI semiconductors. --- In summary, today’s market was shaped by mixed earnings results with notable strength in AI-related names such as Arm Holdings, which unveiled a new AI chip and secured Meta as a lead partner. Legal and regulatory pressures weighed on Meta and FICO, while the crypto sector faced headwinds from stablecoin regulation fears. Oil prices retreated on cease-fire hopes in Iran, supporting a modest rally in stock futures. Investors should monitor ongoing geopolitical developments, AI sector earnings, and regulatory updates as catalysts for near-term market direction.