Catalyst Calendar - February 24, 2026 (EOD)

 ## Today's Catalyst Results How did scheduled events play out? - **AMD** - Result: Surged 9.18% to $214.65 after announcing a multi-year AI chip supply deal with Meta, validating its AI growth prospects. Market reaction: Strong positive, fueling tech sector gains. - **Keysight Technologies (KEYS)** - Result: Jumped 23.05% to $301.48 on strong orders and AI-related demand. Market reaction: Significant bullish momentum in AI-related tech stocks. - **PayPal (PYPL)** - Result: Rose 7.13% to $47.19 following reports of potential acquisition interest from Stripe, despite Wells Fargo lowering its price target. Market reaction: Positive speculative buying. - **Workday (WDAY)** - Result: Fell 8.30% to $118.49 after earnings revealed the cost of competing in AI, with weak revenue guidance. Market reaction: Negative sentiment on AI cost pressures in software. - **Keysight Technologies (KEYS)** - Result: Strong Q1 earnings and AI demand drove shares higher. Market reaction: Bullish on AI infrastructure plays. - **Helix Energy Solutions (HLX)** - Result: Surged 16.32% to $10.55 on strong Q4 earnings. Market reaction: Positive on energy sector. - **DigitalOcean (DOCN)** - Result: Gained 5.91% to $62.74 after beating Q4 estimates and raising outlook amid AI demand growth. Market reaction: Positive in cloud infrastructure space. - **Matson (MATX)** - Result: Shares rose 1.59% to $166.99 after beating Q4 estimates on strong China demand. Market reaction: Supportive for logistics and shipping sectors. - **Tarsus Pharmaceuticals (TARS)** - Result: Jumped 8.56% to $75.55 post Q4 earnings highlighting blockbuster potential. Market reaction: Positive biotech momentum. - **CIFR (Cipher Mining)** - Result: Surged 12.94% to $17.19 on strong Q4 earnings call. Market reaction: Positive in crypto mining space amid AI-related interest. - **Ardelrx (ARDX)** - Result: Rose 13.39% to $6.52 after Q4 earnings call and insider buying. Market reaction: Bullish biotech sentiment. - **Boise Cascade (BCC)** - Result: Up 7.60% to $86.66 despite profitability pressures, earnings beat expectations. Market reaction: Resilient industrials. - **American Tower (AMT)** - Result: Flat at $190.19 with stable outlook. Market reaction: Neutral in REITs. - **Home Depot (HD)** - Result: Rose 1.99% to $384.48 after beating quarterly sales estimates, signaling a turnaround in demand. Market reaction: Positive consumer discretionary. - **Nvidia (NVDA)** - Result: Modest gain of 0.61% to $192.72 ahead of earnings, reflecting cautious optimism. Market reaction: Tech sector focus on AI leader. - **Alphabet (GOOG/GOOGL)** - Result: Slight decline of 0.23% to ~$311.8 despite ongoing AI investments and new data center announcements. Market reaction: Mixed sentiment on AI capex. - **Amazon (AMZN)** - Result: Up 1.60% to $208.56 despite concerns over AI spending, seen as a buying opportunity. Market reaction: Positive on long-term AI investment thesis. - **IBM (IBM)** - Result: Gained 3.43% to $231.00 as analysts downplayed AI threat from Anthropic and highlighted mainframe resilience. Market reaction: Relief rally in legacy tech. - **Axon (AXON)** - Result: Rose 20.29% to $509.34 after earnings call targeting $6 billion in 2028 sales and downplaying AI fears. Market reaction: Strong bullish sentiment in defense/security tech. - **Keysight Technologies (KEYS)** - Result: Strong orders and AI demand drove a 23% surge. Market reaction: AI infrastructure stocks favored. - **Ziff Davis (ZD)** - Result: Fell 12.76% to $25.78 after missing Q4 EPS and revenue estimates. Market reaction: Negative reaction to earnings miss. - **CECO Environmental (CECO)** - Result: Plunged 22.80% to $59.97 despite Q4 earnings beat, possibly due to merger announcement and margin concerns. Market reaction: Volatile industrials. - **FSLR (First Solar)** - Result: Declined 11.98% to $213.13 after Q4 earnings transcript revealed challenges. Market reaction: Solar sector pressure. - **Fulcrum Therapeutics (FULC)** - Result: Dropped 20.20% to $8.69 on earnings call and cautious outlook. Market reaction: Negative biotech sentiment. - **Primoris Services (PRIM)** - Result: Fell 8.28% to $151.92 after Q4 earnings with margin pressures. Market reaction: Industrial caution. - **Tennant Company (TNC)** - Result: Declined 23.43% to $63.02 post Q4 earnings. Market reaction: Weakness in industrials. - **Shoals Technologies Group (SHLS)** - Result: Dropped 30.10% to $6.92 after Q4 earnings miss. Market reaction: Negative solar tech reaction. - **Avanos Medical (AVNS)** - Result: Fell 10.44% to $13.64 on earnings call. Market reaction: Healthcare sector pressure. - **Addus HomeCare (ADUS)** - Result: Declined 10.57% to $105.20 after Q4 earnings. Market reaction: Healthcare weakness. - **Atlas World Group (AWI)** - Result: Fell 9.61% to $174.30 on earnings call. Market reaction: Industrial caution. - **Axogen (AXGN)** - Result: Dropped 10.40% to $31.70 post earnings call. Market reaction: Biotech pullback. ## Surprise News Today Unexpected developments that moved markets: - **$PYPL** - PayPal surged nearly 7% on reports that Stripe is weighing an acquisition, sparking takeover speculation despite analyst caution. - **$AXON** - Axon shares soared 20.29% after the company dismissed AI fears and set ambitious 2028 sales targets, surprising investors with strong guidance. - **$KEYS** - Keysight Technologies jumped 23.05% on unexpectedly strong AI-related order flow, highlighting growing institutional interest in AI infrastructure. - **$ZD** - Ziff Davis tumbled 12.76% after missing earnings estimates, a surprise given the broader tech rally. - **$CECO** - CECO Environmental dropped sharply despite earnings beat, possibly due to merger-related uncertainty and margin concerns. - **$SHLS** - Shoals Technologies plummeted 30.10% on earnings miss, surprising the solar tech sector. - **$TARA** - Protara Pharmaceuticals fell 27.32% after interim Phase II results, disappointing investors. - **$RCKY** - Rocky Brands surged 29.69% on strong Q4 earnings call, a notable outlier in the retail sector. - **$IIPR** - Innovative Industrial Properties climbed 10.70% on earnings beat and dividend growth outlook, surprising given sector volatility. - **$VIR** - Vir Biotechnology jumped 23.15% on positive prostate cancer data and a new deal with Astellas. - **$IOVA** - Iovance Biotherapeutics surged 31.14% on positive sarcoma trial data, a strong biotech catalyst. - **$AMD** - Advanced Micro Devices rallied 9.18% on a new multi-year AI chip deal with Meta, reinforcing its AI leadership. - **$META** - Meta Platforms gained modestly despite mixed AI news, buoyed by the AMD partnership. - **$IBM** - IBM rose 3.43% as analysts downplayed AI competition fears from Anthropic, surprising some investors. - **$MSFT** - Data not available for exact price movement, but Microsoft was noted for a challenging AI positioning. - **$NVDA** - Nvidia saw a modest gain ahead of earnings, reflecting cautious optimism amid AI spending concerns. - **$BLZE** - Backblaze dropped 14.19% after earnings miss and valuation concerns, surprising cloud storage bulls. - **$WDAY** - Workday fell 8.30% on earnings and guidance that revealed AI cost pressures, disappointing investors. - **$FSLR** - First Solar declined nearly 12% on earnings transcript revealing headwinds, surprising clean energy investors. - **$FULC** - Fulcrum Therapeutics dropped 20.20% on cautious outlook, a sharp move in biotech. - **$PRIM** - Primoris Services fell 8.28% on margin pressures, unexpected in industrials. - **$TNC** - Tennant Company plunged 23.43% post earnings, a notable industrial selloff. - **$SHLS** - Shoals Technologies fell 30.10% on earnings miss, surprising solar tech investors. - **$AVNS** - Avanos Medical dropped 10.44% after earnings, a healthcare sector surprise. - **$ADUS** - Addus HomeCare declined 10.57% on earnings call, surprising healthcare bulls. - **$AWI** - Armstrong World Industries fell 9.61% on earnings call, surprising industrials. - **$AXGN** - Axogen dropped 10.40% after earnings, a biotech surprise. ## After-Hours Catalysts Earnings and events happening tonight: - **$NVDA** - Nvidia earnings report is highly anticipated as a key test of AI market leadership and spending outlook. - **$MSFT** - Microsoft earnings to be closely watched for AI strategy clarity and guidance. - **$CRM** - Salesforce earnings previewed, with focus on AI impact and profitability. - **$SNPS** - Synopsys earnings expected, relevant for semiconductor software sector. - **$AMD** - Further details on AI partnership with Meta expected in earnings. - **$BKNG** - Booking Holdings earnings report and stock split announcement to be monitored. - **$FSLR** - First Solar earnings call transcript released; further details expected. - **$WDAY** - Workday earnings call presentation available; guidance and AI cost impact to be analyzed. - **$DOCN** - DigitalOcean Q4 earnings call transcript released; AI demand growth in focus. - **$TARS** - Tarsus Pharmaceuticals Q4 earnings call transcript available. - **$RCKY** - Rocky Brands Q4 earnings call transcript available. - **$ARDX** - Ardelrx Q4 earnings call transcript available. - **$CIFR** - Cipher Mining Q4 earnings call highlights AI-related growth. - **$HLX** - Helix Energy Solutions Group Q4 earnings call transcript available. - **$MATX** - Matson Q4 earnings call transcript available. - **$SPXC** - SPX Technologies Q4 earnings call transcript available. - **$DRS** - Leonardo DRS Q4 earnings call transcript available. - **$CECO** - CECO Environmental Q4 earnings call transcript available. - **$ACVA** - ACV Auctions Q4 earnings call transcript available. - **$IIPR** - Innovative Industrial Properties Q4 earnings call transcript available. - **$VIR** - Vir Biotechnology Q4 earnings call transcript available. - **$IOVA** - Iovance Biotherapeutics Q4 earnings call transcript available. - **$BLZE** - Backblaze Q4 earnings call transcript available. - **$SHLS** - Shoals Technologies Group Q4 earnings call transcript available. ## Tomorrow's Calendar Key events scheduled for tomorrow: - **Nvidia (NVDA) Earnings Report** - Time: After market close - Watch for: AI spending outlook, revenue guidance, and margin trends. - **Microsoft (MSFT) Earnings Report** - Time: After market close - Watch for: AI strategy updates and fiscal guidance. - **Salesforce (CRM) Earnings Report** - Time: After market close - Watch for: AI impact on profitability and growth. - **Synopsys (SNPS) Earnings Report** - Time: After market close - Watch for: Semiconductor software demand. - **Booking Holdings (BKNG) Earnings Report** - Time: After market close - Watch for: Travel demand recovery and stock split details. - **First Solar (FSLR) Earnings Call** - Time: After market close - Watch for: Clean energy sector outlook and cost pressures. - **Workday (WDAY) Earnings Call** - Time: After market close - Watch for: AI cost impact and revenue guidance. - **DigitalOcean (DOCN) Earnings Call** - Time: After market close - Watch for: Cloud infrastructure growth and AI demand. - **Tarsus Pharmaceuticals (TARS) Earnings Call** - Time: After market close - Watch for: Biotech pipeline updates. - **Rocky Brands (RCKY) Earnings Call** - Time: After market close - Watch for: Retail sector momentum. - **Ardelrx (ARDX) Earnings Call** - Time: After market close - Watch for: Biotech growth prospects. - **Cipher Mining (CIFR) Earnings Call** - Time: After market close - Watch for: Crypto mining and AI synergy. - **Helix Energy Solutions (HLX) Earnings Call** - Time: After market close - Watch for: Energy sector dynamics. - **Matson (MATX) Earnings Call** - Time: After market close - Watch for: Shipping demand trends. - **SPX Technologies (SPXC) Earnings Call** - Time: After market close - Watch for: Industrial outlook. - **Leonardo DRS (DRS) Earnings Call** - Time: After market close - Watch for: Defense sector guidance. - **CECO Environmental (CECO) Earnings Call** - Time: After market close - Watch for: Merger impact and margins. - **ACV Auctions (ACVA) Earnings Call** - Time: After market close - Watch for: Auto auction market trends. - **Innovative Industrial Properties (IIPR) Earnings Call** - Time: After market close - Watch for: REIT dividend and growth outlook. - **Vir Biotechnology (VIR) Earnings Call** - Time: After market close - Watch for: Drug pipeline progress. - **Iovance Biotherapeutics (IOVA) Earnings Call** - Time: After market close - Watch for: Clinical trial updates. - **Backblaze (BLZE) Earnings Call** - Time: After market close - Watch for: Cloud storage growth. - **Shoals Technologies Group (SHLS) Earnings Call** - Time: After market close - Watch for: Solar tech challenges. ## This Week Ahead Other catalysts coming this week (only if dates mentioned): - No additional specific dates mentioned beyond tomorrow's earnings. ## Highest Conviction Setup Based on today's action and upcoming catalysts: - Stock: **$AMD** - Catalyst: Multi-year AI chip supply deal with Meta and upcoming earnings report. - Thesis: AMD's strong partnership with Meta validates its AI growth trajectory, supported by a 9.18% rally today. The upcoming earnings report will likely reinforce confidence in its AI infrastructure role, making it a key play in the tech sector's AI-driven rally. - Stock: **$KEYS** - Catalyst: Strong AI-related order growth and earnings beat. - Thesis: Keysight Technologies' 23% surge reflects robust demand for AI infrastructure testing and measurement solutions. With AI spending accelerating, KEYS is positioned to benefit from sustained growth, supported by strong earnings momentum. - Stock: **$PYPL** - Catalyst: Potential acquisition interest from Stripe. - Thesis: PayPal's nearly 7% jump on takeover rumors highlights market speculation about consolidation in fintech. Despite some analyst caution, the stock could see further upside if acquisition talks progress or strategic alternatives emerge. - Stock: **$AXON** - Catalyst