Catalyst Calendar - February 16, 2026 (Morning)

 ## Major Catalysts Mentioned **Anthropic** - Date: TBD - Why it matters: Ongoing negotiations with potential penalties could impact Anthropic's financial outlook and market positioning, particularly in the AI sector. - Stocks affected: **$GOOGL** (as a major investor in Anthropic) **Patterson-UTI Energy (PTEN)** - Date: TBD - Why it matters: The decision by Aristotle Small Cap Equity Fund to liquidate its holdings indicates a bearish outlook on the small-cap energy sector, which could impact investor sentiment and stock performance. - Stocks affected: **$PTEN** **Wendy's** - Date: TBD - Why it matters: A significant decline in profit due to lower US sales could raise concerns about the company's operational efficiency and market competitiveness, impacting investor confidence. - Stocks affected: **$WEN** **GoDaddy** - Date: TBD - Why it matters: Discussion around GoDaddy as a potential hidden value stock indicates renewed interest in its fundamentals and growth prospects amidst broader market challenges. - Stocks affected: **$GDDY** ## Earnings on Deck - **$TSRYY (Treasury Wine Estates)** - Reports: TBD - Key watch: Revenue performance amidst US market challenges ## Economic Events - **US Inflation Details** - Date: TBD - Expected impact: Potential for deeper Fed rate cuts based on inflation data ## Regulatory & Legal - **$HIMS** - Regulatory scrutiny following a brief launch of a Wegovy copy - Date: TBD ## What's NOT Dated But Worth Tracking - Anthropic's revenue run-rate has reportedly doubled in India in four months, signaling potential for growth in emerging markets. - The ongoing impacts of AI market disruptions are creating significant volatility across tech sectors, especially for companies reliant on traditional growth models. ## Highest Conviction Catalyst - What: Ongoing negotiations regarding penalties on Anthropic - When: TBD - Why it matters: The outcome of these negotiations could significantly affect Anthropic's market position and investor confidence in AI investments. Given the heightened interest in AI, any negative developments could lead to a broader sell-off in tech stocks associated with AI. - Trade idea: Consider short positions on major tech investors like **$GOOGL** if penalties are imposed, or long positions in companies poised to gain market share from potential setbacks at Anthropic.