Catalyst Calendar - April 14, 2026 (EOD)

 ## Today's Catalyst Results How did scheduled events play out? - **JPMorgan Chase (JPM)** - Result: Reported Q1 2026 earnings with net income of $16.5 billion, beating expectations. Revenue topped estimates with strong trading and investment banking divisions. - Market reaction: Shares rose 2.11% to $909.63, reflecting investor confidence in earnings strength despite cautious commentary from CEO Jamie Dimon on economic risks. - **Equity Bancshares (EQBK)** - Result: Q1 adjusted EPS of $1.23 beat estimates of $1.16; sales of $83.151M beat $82.5M estimate. - Market reaction: Stock gained 0.87% to $46.51, supported by solid financials. - **SurgePays (SURG)** - Result: Q4 EPS $(0.69) missed $(0.16) estimate; sales $16.187M missed $21.157M estimate. - Market reaction: Despite misses, stock surged 14.6% in pre-market but closed down 14.6% at $0.61, showing volatility on earnings disappointment. - **Johnson & Johnson (JNJ)** - Result: Q1 earnings beat expectations with strong growth, raised guidance for 2026, despite some product headwinds. - Market reaction: Shares rose 0.9% to $240.10, reflecting solid fundamentals and dividend raise. - **Meta Platforms (META)** - Result: Announced multi-year AI chip partnership with Broadcom, committing to over 1GW of custom chips through 2029; also announced board departures of directors Hock E. Tan and Tracey T. Travis. - Market reaction: Shares jumped 5.12% to $667.00, boosted by AI infrastructure expansion and strategic partnership. - **Amazon (AMZN)** - Result: Stock surged 3.63% to $248.59 following announcement of $11.6 billion Globalstar acquisition to bolster satellite internet ambitions, challenging SpaceX’s Starlink. - Market reaction: Strong buying interest on deal news and growth outlook. - **Broadcom (AVGO)** - Result: Shares gained 3.71% to $393.85 on expanded AI chip partnership with Meta, signaling multi-year collaboration on next-gen AI accelerator chips. - Market reaction: Positive sentiment on AI growth exposure. - **Nvidia (NVDA)** - Result: Continued 10-day winning streak with shares up 3.45% to $195.84, driven by AI data center demand and strong earnings outlook. - **Oracle (ORCL)** - Result: Shares rallied 5.06% to $163.50 on AI-related software enhancements and growing cloud business momentum. - **Caterpillar (CAT)** - Result: Q4 2024 earnings call showed steady performance; shares edged up 0.32% to $794.25. - **Gold (GLD)** - Result: Gold prices rose 2.05% to $444.30 amid renewed US-Iran talks easing geopolitical risks. - **Oil (USO)** - Result: Oil prices fell 3.48% to $124.00 on optimism over US-Iran dialogue and easing supply concerns. ## Surprise News Today Unexpected developments that moved markets: - **Credo Technology Group (CRDO)** - Shares surged 18.12% to $158.70 following announcement of a significant silicon photonics acquisition, positioning the company as a key AI infrastructure player. - **Robinhood (HOOD)** - Stock jumped 15.69% to $82.92 on reports of strong positioning in prediction markets and crypto recovery outlook. - **Coinbase (COIN)** - Shares rose 6.16% to $185.28, benefiting from bullish sentiment on crypto exchange growth and prediction market expansion. - **Data Storage Corporation (DTST)** - Fell 9.00% to $3.84 despite Q4 2025 earnings call, reflecting concerns over revenue miss and outlook. - **Rent the Runway (RENT)** - Plunged 11.92% to $5.10 after Q4 earnings showed margin pressure and growth challenges, triggering investor caution. - **Allegro Microsystems (ALLO)** - Dropped 27.78% to $2.21 on disappointing earnings and guidance, marking a sharp selloff in the semiconductor supplier. - **KMX (CarMax)** - Fell 14.67% to $41.88 after earnings report showed goodwill charge and weak used-car demand, raising questions about turnaround prospects. ## After-Hours Catalysts Earnings and events happening tonight: - **Citigroup (C)** - Q1 2026 earnings call expected; analysts anticipate strong revenue and earnings beat given recent trading strength. - **Goldman Sachs (GS)** - Q1 2026 earnings call scheduled; recent reports show 19% rise in profit, but cautious outlook on market volatility. - **ASML (ASML)** - Earnings report due; market expects continued strength from AI-related semiconductor equipment demand. - **Bank of America (BAC)** - Q1 earnings to be released; focus on trading division performance amid market volatility. - **Morgan Stanley (MS)** - Earnings call tonight; recent 1.62% share gain reflects optimism on wealth management and trading revenue. - **Wells Fargo (WFC)** - Q1 2026 earnings call; shares down 5.71% today on revenue miss concerns, watch for guidance updates. - **Bloom Energy (BE)** - After-hours focus on AI data center power deal impact; stock soared 23% recently on Oracle partnership. - **Lucid Group (LCID)** - New CEO appointment and $750 million fresh funding from Saudi PIF and Uber to be discussed; shares down 4.33% today. ## Tomorrow's Calendar Key events scheduled for tomorrow: - **Producer Price Index (PPI) Data** - Time: Morning - Watch for inflation trends, especially after mixed recent data and geopolitical supply shocks. - **EIA Crude Oil Inventories Report** - Time: 10:30 AM ET - Monitor for inventory changes amid Iran war and supply disruptions. - **Tesla (TSLA) Q1 Earnings Preview** - Time: Pre-market - Market expects continued strength in EV sales; UBS recently upgraded stock. - **Alphabet (GOOGL) Q1 Earnings Preview** - Time: Pre-market - Anticipated strong beat on ad revenue and AI initiatives. - **Meta Platforms (META) Q1 Earnings Preview** - Time: Pre-market - Focus on AI infrastructure investments and advertising growth. - **Netflix (NFLX) Q1 Earnings** - Time: After market close - Watch for subscriber growth and ad revenue trends. - **Nvidia (NVDA) Earnings Preview** - Time: After market close - Key AI data center demand updates expected. ## This Week Ahead Other catalysts coming this week: - Wednesday: Earnings from **ASML**, **Bank of America**, **Morgan Stanley** - Thursday: Earnings from **Tesla**, **Alphabet**, **Meta**, **Netflix**, **Nvidia** - Friday: Economic data on retail sales and consumer sentiment ## Highest Conviction Setup Based on today's action and upcoming catalysts: - Stock: **Meta Platforms (META)** - Catalyst: Multi-year AI chip partnership with Broadcom and upcoming Q1 earnings report. - Thesis: Meta is aggressively expanding its AI infrastructure with Broadcom, committing to a multi-gigawatt rollout through 2029, positioning itself as a leader in AI compute. The stock’s 5.12% gain today reflects strong investor confidence ahead of earnings, where further AI investment details and ad revenue growth are expected to reinforce the bull case. --- Market sentiment remains optimistic as the S&P 500 and Nasdaq 100 posted gains of +1.20% and +1.80%, respectively, driven by strong tech earnings and easing geopolitical tensions. The energy sector remains volatile with oil down 3.48% amid US-Iran talks, while gold surged 2.05% on risk-off demand. Investors should monitor key earnings this week, especially in tech and financials, for guidance on growth and AI adoption trends.