Catalyst Calendar - July 25, 2026 (Morning)

 ## Major Catalysts Mentioned **Amazon Earnings Preview** - Date: Q2 2026 (exact date not specified) - Why it matters: Amazon’s upcoming earnings report will provide insight into its growth trajectory amid evolving consumer behavior and competitive pressures. Investors should watch for revenue growth, margin trends, and commentary on cloud and retail segments. - Stocks affected: **$AMZN** **Apple Earnings and Market Impact** - Date: Q2 2026 earnings referenced, with Apple earnings specifically noted in Dow Jones futures context (exact date TBD) - Why it matters: Apple’s earnings release is a key market event, especially as AI stocks sell off and geopolitical tensions impact tech valuations. Apple's performance will influence broader tech sector sentiment. - Stocks affected: **$AAPL** **SpaceX Starship Test Flight and IPO Performance** - Date: Recent 13th test flight mentioned; IPO performance context (date TBD) - Why it matters: SpaceX’s Starship test flight progress and IPO performance are critical for investor sentiment, especially given the large losses some investors have taken on **$SPCX**. The company’s ability to execute on its ambitious plans will be closely watched. - Stocks affected: **$SPCX** **Nvidia and SK Group $500 Billion AI Infrastructure Partnership** - Date: Announced recently, no specific future date provided - Why it matters: This massive AI infrastructure deal signals strong demand for AI hardware and memory, reinforcing Nvidia’s leadership in AI chips and boosting SK Group’s foundry ambitions. It could drive significant revenue growth for both. - Stocks affected: **$NVDA**, **$SKHX** **Warren Buffett’s Berkshire Hathaway and Estate Tax Commentary** - Date: No specific date provided - Why it matters: Buffett’s views on estate tax and investment strategy often influence market perceptions of value stocks and tax policy implications. His stance may affect investor sentiment towards Berkshire Hathaway and related sectors. - Stocks affected: **$BRK.B** (implied) ## Earnings on Deck - **$AMZN** - Q2 2026 earnings preview; key watch on revenue growth and margin expansion amid macro challenges. - **$AAPL** - Q2 2026 earnings expected soon; focus on product sales, services growth, and AI-related commentary. - **$JINDAL STEEL** - Q1 FY27 results showing margin improvement despite volume dip; earnings call transcript available. - **$AU SMALL FINANCE BANK** - Q1 FY27 results with 37% profit growth and AI initiatives highlighted. - **$TF1 SA** - Q2 2026 earnings call transcript available. - **$FIRST HAWAIIAN, INC.** - Q2 2026 earnings call presentation. - **$FIRST WESTERN FINANCIAL, INC.** - Q2 2026 earnings call presentation. - **$KB FINANCIAL** - 1H26 slides showing record returns and securities surge driving profit. - **$CHEdRAUI** - Q2 2026 slides showing margin gains despite sales headwinds. - **$SIGNIFY N.V.** - Q2 2026 earnings call presentation. - **$SAMSUNG ELECTRONICS** - No specific earnings date, but recent $200 billion Broadcom AI chip partnership announced. - **$LADDER CAPITAL** - Q2 results showing 9%+ dividend yield and capital appreciation potential. - **$SAMSUNG AND SK HYNIX** - Announced $950 billion US chip supply partnerships; earnings dates not specified. - **$JINDAL STEEL** - Q1 FY27 earnings call transcript available. - **$TF1 SA** - Q2 2026 earnings call transcript available. - **$SOUTH SIDE BANCSHARES** - Q2 2026 earnings call transcript. - **$WOORI FINANCIAL** - Q2 2026 earnings call transcript. - **$TENET HEALTHCARE** - Q2 2026 earnings call transcript. - **$KINDER MORGAN** - Q2 2026 earnings call transcript. - **$CNI** - Q2 2026 earnings call transcript. - **$FIRST HAWAIIAN, INC.** - Q2 2026 earnings call presentation. - **$FIRST WESTERN FINANCIAL, INC.** - Q2 2026 earnings call presentation. ## Economic Events - Dow Jones futures mention Apple earnings, Iran news, and Fed meeting looming, but no specific Fed meeting date provided. - Chicago Fed National Activity Index shows economic growth increased in June, indicating ongoing economic momentum. - U.K. Flash PMI signals faster growth and lower inflation in July, suggesting easing inflation pressures overseas. - Japan Flash PMI signals strongest manufacturing output growth since 2014 amid persistent inflation risks. - New Home Sales unexpectedly rose 1.6% in June, indicating resilience in the housing market. ## Regulatory & Legal - China fined Trip.com $700 million for abusing online travel dominance; no specific date mentioned. - Israeli troops roundup in West Bank village after shootout; geopolitical tensions continue but no market date. - Saudi military strikes Houthi targets in Yemen following attacks on Red Sea shipping; geopolitical risk factor. - Kuwait signs $16 billion oil pipeline deal with Blackstone, KKR, and Brookfield, a major infrastructure investment. - U.S. lawmakers accuse Leon Black of acting in ‘bad faith’ in Epstein probe; legal risk for involved parties. ## What's NOT Dated But Worth Tracking - Investor losses and ongoing bets on SpaceX (**$SPCX**) highlight volatility and long-term potential in space tech. - Alphabet’s AI spending concerns and capex plans ($205 billion projected) could pressure margins but fuel AI growth. - Nvidia’s ongoing AI leadership, including memory supply deals and physical AI coalition signings, remains a key growth driver. - Warren Buffett’s investment moves and commentary on estate tax and Berkshire Hathaway’s cash pile could influence value investing trends. - The evolving autonomous vehicle landscape with Waymo’s split from Uber reshaping robotaxi competition. - The impact of rising oil prices above $100 on energy and broader markets amid Middle East tensions. - The growing coalition of AI skeptics and regulatory scrutiny around AI development and deployment. ## Highest Conviction Catalyst - What: Amazon Q2 2026 Earnings Report - When: Q2 2026 (exact date TBD) - Why it matters: Amazon’s earnings will be a critical barometer for the tech and e-commerce sectors amid challenging macroeconomic conditions and intensifying competition. The report will provide clarity on consumer demand, cloud computing growth, and profitability in a high-spending AI environment. Given Amazon’s market influence, the results could set the tone for broader market sentiment and tech sector performance. - Trade idea: Consider positioning for volatility around the earnings release with options strategies or selective exposure to **$AMZN** shares, focusing on cloud and AI-related segments that may drive upside surprises.