Catalyst Calendar - March 30, 2026 (EOD)

 ## Today's Catalyst Results How did scheduled events play out? - **Federal Reserve Chair Jerome Powell’s remarks at Harvard** - Powell emphasized that long-term inflation expectations remain well-anchored and that the Fed is closely watching private credit risks. He noted the current tension between the Fed’s dual mandates of inflation and employment. - Market reaction: Treasury yields rallied (+1.02% on 20+ Year Treasuries), reflecting relief on inflation concerns, while equities showed mixed responses with the S&P 500 down 0.47% and Nasdaq 100 down 1.05%. - **Corporate Earnings and Transcripts** - Several companies reported Q4 2025 earnings or held earnings calls, including INmune Bio (INMB), CVD Equipment (CVV), Oxbridge Re Holdings (OXBR), HireQuest (HQI), Sangamo Therapeutics (SGMO), Sigma Lithium (SGML), and others. - Market reaction: Mixed, with some biotech and specialty firms seeing share price volatility (e.g., SGMO shares down 22.09% after earnings miss). - **Oil Prices** - Oil (USO) surged 6.26% to $131.97 amid escalating Middle East tensions and supply concerns. - Market reaction: Energy-related stocks showed mixed performance, with some pressure on industrials and tech due to higher input costs. ## Surprise News Today Unexpected developments that moved markets: - **$MU (Micron Technology)** - Shares plunged 11.26% following a sharp selloff triggered by concerns over competition and AI-related demand fatigue. This was a key drag on the semiconductor sector, which extended its losing streak. - **$BSX (Boston Scientific)** - Shares dropped 9.02% after the company reported underwhelming trial results, raising concerns about future growth prospects. - **$CVV (CVD Equipment Corporation)** - Shares fell 17.87% after Q4 earnings call transcript revealed challenges, contributing to sector weakness. - **$CNTB (Connect Biopharma Holdings)** - Shares plunged 19.42% following updates on clinical trial results and development setbacks. - **$ARM (Arm Holdings)** - Shares declined 5.65% despite a strong AI-driven market, reflecting profit-taking and broader semiconductor weakness. - **$PLTR (Palantir Technologies)** - Shares dropped 5.11%, pressured by AI sector rotation and competitive concerns. - **$ALK (Alaska Air Group)** - Shares fell 5.45% amid rising fuel costs and operational headwinds. - **$STX (Seagate Technology)** - Shares declined 5.19% as the semiconductor and data storage sectors face demand uncertainties. - **$VST (Vistra Corp.)** - Shares down 5.27%, reflecting energy market volatility and inflationary pressures. - **$SYY (Sysco Corporation)** - Shares tumbled 15.26% despite a major $29 billion acquisition announcement, as investors weighed integration risks and inflation impacts. - **$FRMI (Fermi Inc.)** - Shares dropped 13.43% due to wider losses and lack of tenant progress in AI data center projects, raising concerns about growth sustainability. - **$SGMO (Sangamo Therapeutics)** - Shares fell 22.09% after missing EPS and revenue estimates, disappointing investors. - **$NMRA (Neumora Therapeutics)** - Shares down 17.17% following development setbacks and analyst downgrades. - **$HSDT (Solana Company)** - Shares surged 18.23% after a positive Q4 earnings call transcript, bucking the broader biotech weakness. - **$OXBR (Oxbridge Re Holdings)** - Shares jumped 21.62% post Q4 earnings call transcript, signaling strong operational performance. - **$PANW (Palo Alto Networks)** - Shares rose 5.07% after CEO Nikesh Arora’s stock purchase, signaling confidence in cybersecurity growth. - **$NOW (ServiceNow)** - Shares surged 5.68% on strong earnings and guidance, highlighting resilience in enterprise software. - **$AJG (Arthur J. Gallagher & Co.)** - Shares gained 4.27% despite sector-wide pressure, benefiting from positive earnings momentum. - **$FDS (FactSet Research)** - Shares up 3.14% after strong Q4 results and optimistic outlook. - **$CRWD (CrowdStrike)** - Shares rose 2.45%, supported by analyst upgrades and strong AI security demand. - **$DIS (Disney)** - Shares gained 2.06% despite partnership setbacks, reflecting solid box office and streaming trends. - **$BIIB (Biogen)** - Shares up 2.03% on positive trial data and analyst upgrades. ## After-Hours Catalysts Earnings and events happening tonight: - **$AAPL (Apple Inc.)** - Watch for updates on product launches and AI integration after a 1.22% decline today amid sector rotation. - **$MSFT (Microsoft)** - Earnings and AI product expansion updates expected after a modest 0.54% gain today. - **$JBL (Jabil)** - Watch for earnings following a 5.22% drop today, reflecting supply chain concerns. - **$MRVL (Marvell Technology)** - Earnings to watch after an 8.09% decline amid semiconductor sector weakness. - **$INTC (Intel)** - Earnings closely watched after a 5.15% drop, amid competitive pressures in CPUs. - **$META (Meta Platforms)** - Earnings preview important after a 1.70% gain today, with focus on AI investments and ad market. - **$AMAT (Applied Materials)** - Earnings to watch following a 4.67% drop despite AI-driven demand optimism. - **$SGML (Sigma Lithium)** - Earnings call tonight after a 13.38% surge, signaling strong lithium demand. - **$INLX (Intellinetics)** - Q4 earnings call transcript released, watch for operational updates. - **$SPRU (Spruce Power Holding)** - Q4 earnings call tonight, with focus on renewable energy growth. - **$BMEA (Biomea Fusion)** - Q4 earnings call transcript available, watch for biotech pipeline updates. - **$PAVM (PAVmed Inc.)** - Q4 earnings call transcript, notable 13.03% share price rise today. - **$SGMO (Sangamo Therapeutics)** - Q4 earnings call transcript released, following a sharp share decline. - **$INMB (INmune Bio)** - Q4 earnings call transcript released, watch for clinical progress updates. - **$CVV (CVD Equipment Corporation)** - Q4 earnings call transcript released, following share price weakness. - **$OXBR (Oxbridge Re Holdings)** - Q4 earnings call transcript released, shares surged today. - **$HQI (HireQuest)** - Q4 earnings call transcript released, watch for labor market insights. - **$HSDT (Solana Company)** - Q4 earnings call transcript released, shares surged today. - **$PDSB (PDS Biotechnology Corporation)** - Q4 earnings call transcript released, watch for biotech updates. ## Tomorrow's Calendar Key events scheduled for tomorrow: - **Nike (NKE) Earnings** - Time: Before market open - Watch for: Impact of China market challenges and consumer demand. - **Restoration Hardware (RH) Earnings** - Time: Before market open - Watch for: Luxury retail sales trends amid inflation pressures. - **nCino (NCNO) Earnings** - Time: After market close - Watch for: SaaS growth and banking sector exposure. - **Micron Technology (MU) Earnings** - Time: After market close - Watch for: AI demand outlook and competitive positioning. - **Shopify (SHOP) Earnings** - Time: After market close - Watch for: E-commerce trends and AI integration. - **Jabil (JBL) Earnings** - Time: After market close - Watch for: Supply chain and manufacturing outlook. - **Marvell Technology (MRVL) Earnings** - Time: After market close - Watch for: Semiconductor design wins and AI chip demand. - **Intel (INTC) Earnings** - Time: After market close - Watch for: CPU market share and AI product pipeline. - **Meta Platforms (META) Earnings** - Time: After market close - Watch for: Ad revenue and AI investment updates. - **Applied Materials (AMAT) Earnings** - Time: After market close - Watch for: Semiconductor equipment demand. - **Sigma Lithium (SGML) Earnings** - Time: After market close - Watch for: Lithium sales and supply chain. ## This Week Ahead Other catalysts coming this week: - Tuesday: Multiple key tech earnings including **$NKE**, **$RH**, **$MU**, **$SHOP**, **$JBL**, **$MRVL**, **$INTC**, **$META**, **$AMAT**, and **$SGML**. - Wednesday: Continued earnings flow from industrials and consumer discretionary sectors. - Thursday: Economic data including payrolls report looms, critical for Fed rate expectations. ## Highest Conviction Setup Based on today's action and upcoming catalysts: - Stock: **$NOW (ServiceNow)** - Catalyst: Strong Q4 earnings and optimistic guidance amid enterprise software demand resilience. - Thesis: ServiceNow’s ability to deliver growth and margin expansion in a volatile market positions it well to outperform as AI adoption accelerates in corporate IT environments. The 5.68% gain today reflects renewed investor confidence ahead of further earnings updates. --- Overall, markets grappled with geopolitical tensions in the Middle East, which pushed oil prices sharply higher and fueled inflation concerns. The Fed’s messaging from Powell provided some reassurance on inflation control, but private credit risks remain under watch. The semiconductor sector faced pronounced weakness, led by **$MU**, **$INTC**, and **$MRVL**, amid competitive and demand concerns. Meanwhile, select software and biotech names showed resilience or sharp moves on earnings and clinical developments. Investors should monitor tomorrow’s heavy slate of tech earnings for further directional cues.