Catalyst Calendar - February 24, 2026 (Morning)

 ## Major Catalysts Mentioned **Trump’s New Global Tariffs** - Date: Effective February 24, 2026 (10% rate for 150 days) - Why it matters: The implementation of new 10% global tariffs by the Trump administration introduces significant uncertainty and potential cost pressures across multiple sectors, especially manufacturing, technology, and consumer goods. The Supreme Court ruling on tariffs and the subsequent market reaction highlight the importance of this event. - Stocks affected: **$AA**, **$ACN**, **$AAPL**, **$AMD**, **$AMZN**, **$HD**, **$LOW**, **$TXN**, **$WDC**, **$XOM** **Nvidia Q4 Earnings and AI Buildout** - Date: Earnings preview suggests report on or around February 25, 2026 (exact date TBD) - Why it matters: Nvidia is a key AI infrastructure player, with expectations of a 72% surge in earnings and a multi-gigawatt GPU deal with Meta worth over $100 billion. This earnings report is a critical test for the AI market's growth and competitive dynamics. - Stocks affected: **$NVDA**, **$AMD**, **$META** **Accenture Acquisition of Verum Partners** - Date: Announcement date TBD - Why it matters: Accenture’s acquisition aims to supercharge Latin America mega-projects with AI, signaling strategic expansion and AI integration in infrastructure projects, potentially boosting Accenture’s growth in emerging markets. - Stocks affected: **$ACN** **Pfizer FDA Approval for Braftovi in Colon Cancer** - Date: Approval date not specified, recent event - Why it matters: Full FDA approval for Pfizer’s Braftovi in colon cancer strengthens Pfizer’s oncology portfolio and could drive revenue growth in a competitive pharmaceutical market. - Stocks affected: **$PFE** **Home Depot Q4 Earnings Beat** - Date: Q4 2025 earnings reported recently - Why it matters: Home Depot’s better-than-expected Q4 results with margin expansion and strong comps indicate resilience in the home improvement sector and may signal a turnaround in consumer spending patterns. - Stocks affected: **$HD**, **$LOW** **Supreme Court Tariff Ruling Impact** - Date: Recent ruling affecting tariff strategy, ongoing implications - Why it matters: The Supreme Court decision has thrown the Trump administration’s tariff strategy into flux, impacting trade policy and market sentiment on tariffs and international supply chains. - Stocks affected: Broad market impact, including **$SPY**, **$QQQ** ## Earnings on Deck - **$NVDA** - Earnings preview around February 25, 2026 - Key watch: AI-related revenue growth and earnings surge - **$HD** - Q4 2025 reported - Key watch: Sales growth and margin expansion - **$LOW** - Q4 2025 upcoming - Key watch: Comparable sales and margin trends - **$ACN** - Q4 2025 reported - Key watch: Impact of acquisition and AI integration - **$PFE** - Recent FDA approval supports growth outlook; earnings date not specified - **$EXPD** - Q4 2025 reported - Key watch: Impact of Supreme Court IEEPA tariff decision - **$NRG** - Q4 2025 reported - Key watch: Earnings beat and revenue trends - **$WLKP** - Q4 2025 reported - Key watch: Earnings beat and revenue stability - **$IIPR** - Q4 2025 reported - Key watch: Earnings beat and growth outlook - **$RGEN** - Q4 2025 reported - Key watch: Earnings and pipeline progress - **$AWI** - Q4 2025 reported - Key watch: Earnings and margin trends - **$ADUS** - Q4 2025 reported - Key watch: Earnings miss and revenue trends - **$ACVA** - Q4 2025 reported - Key watch: Earnings miss and stock reaction ## Economic Events No specific dated economic data releases or Fed events explicitly mentioned in the headlines. ## Regulatory & Legal - **$PFE** - FDA full approval for Braftovi in colon cancer - Recent event - US SEC - Update to enforcement manual to give probe subjects more notice - Date TBD - US Federal government - Critical alert to specific real estate buyers effective March 1 - Important regulatory change - US Supreme Court - Tariff ruling impacting Trump administration’s tariff strategy - Recent event - Bayer sues J&J over prostate cancer drug ads citing false claims - Date TBD - Tesla - Must face lawsuit alleging anti-American bias in hiring - Date TBD ## What's NOT Dated But Worth Tracking - AI infrastructure buildout and partnerships, especially involving Nvidia, AMD, Meta, and Microsoft - Watch for earnings updates and contract announcements. - Continued tariff uncertainty and trade policy developments, including potential scaling back of steel and aluminum tariffs by the EU. - AI disruption fears impacting software stocks and discount chains - Monitor sector rotation and valuation shifts. - Defense contract awards and Pentagon vendor activity, including companies like Kratos Defense, Leonardo DRS, and Booz Allen Hamilton. - Cryptocurrency regulatory developments and sanctions impacting crypto-funded software tools. - Accenture’s AI-driven expansion in Latin America infrastructure projects. - Meta and AMD’s multi-billion-dollar AI chip deal and its impact on semiconductor supply chains. - Home Depot and Lowe’s performance as indicators of consumer spending resilience. - Private credit and real estate debt market dynamics amid AI and economic uncertainty. - Social Security changes expected in March and their potential market impact. ## Highest Conviction Catalyst - What: Implementation of Trump’s new 10% global tariffs effective February 24, 2026, following a Supreme Court ruling that disrupts the administration’s tariff strategy. - When: February 24, 2026 (effective date) - Why it matters: This tariff imposition introduces renewed trade tensions and cost pressures across multiple sectors, potentially affecting corporate margins, supply chains, and consumer prices. The market reaction to this event has already been significant, with volatility in industrials, technology, and consumer discretionary stocks. The 150-day clock on these tariffs adds a timeline for potential further developments or adjustments, making it a critical event for investors to monitor. - Trade idea: Consider hedging exposure to sectors sensitive to import costs such as manufacturing, technology, and retail. Watch for opportunities in companies that may benefit from tariff relief or have strong pricing power. Monitor stocks like **$AA**, **$ACN**, **$AAPL**, **$AMD**, **$HD**, and **$LOW** for volatility and potential entry points. --- This briefing highlights the explicit dates and significant market-moving events from the provided headlines, focusing on tariffs, AI earnings, regulatory approvals, and sector-specific developments.