Catalyst Calendar - March 02, 2026 (Morning)

 ## Major Catalysts Mentioned **AES Corporation Buyout** - Date: TBD (announcement reported) - Why it matters: BlackRock and EQT plan to take AES private in a $10.7 billion deal, leading to a sharp share price drop. This buyout could reshape the utility sector and impact related infrastructure and energy stocks. - Stocks affected: **$AES** **Iran Conflict and Middle East Geopolitical Tensions** - Date: Ongoing, with key developments on March 2, 2026 - Why it matters: U.S.-Israel strikes on Iran and escalating conflict have triggered a surge in oil prices, disrupted global air travel, and rattled markets worldwide. This geopolitical risk is driving volatility in energy, defense, airline, and commodity sectors. - Stocks affected: **$XOM**, **$COP**, **$NFLX**, **$NCLH**, **$EQIX**, among others **Nvidia Photonics Investments** - Date: TBD - Why it matters: Nvidia plans to invest $4 billion in two photonics companies (Lumentum and Coherent) to bolster AI processor capabilities. This highlights Nvidia’s strategic push in AI hardware innovation, potentially impacting semiconductor and AI-related stocks. - Stocks affected: **$NVDA**, **$LITE** (Lumentum), **$COHR** (Coherent) **Norwegian Cruise Line Holdings Q4 2025 Earnings** - Date: March 2, 2026 (after market close) - Why it matters: The company forecasts weak annual profit on subdued demand amid geopolitical tensions affecting travel. This earnings report will be closely watched for insights into the travel sector’s recovery trajectory. - Stocks affected: **$NCLH** **Kaspi.kz Q4 2025 Earnings** - Date: March 2, 2026 (after market close) - Why it matters: As a leading fintech and e-commerce player in Kazakhstan, Kaspi.kz’s earnings will provide signals on emerging market consumer demand and fintech adoption trends. - Stocks affected: **$KSPI** ## Earnings on Deck - **$ACHR** (Archer Aviation Inc) - Reports March 2, 2026 (after market close) - Key watch: EPS estimate of -0.2369, revenue $0M, focus on aerospace/defense outlook. - **$AES** (AES Corp) - Reports March 2, 2026 (after market close) - Key watch: EPS estimate 0.6219, revenue $3.07B, critical given buyout news. - **$ALG** (Alamo Group Inc) - Reports March 2, 2026 (after market close) - Key watch: EPS estimate 2.1225, revenue $403M. - **$AMRC** (Ameresco Inc) - Reports March 2, 2026 (after market close) - Key watch: EPS estimate 0.3268, revenue $556M. - **$ASAN** (Asana Inc) - Reports March 2, 2026 (after market close) - Key watch: EPS estimate 0.0705, revenue $205M. - **$ASTS** (AST SpaceMobile Inc) - Reports March 2, 2026 (after market close) - Key watch: EPS estimate -0.1725, revenue $42M. - **$BBAI** (BigBear.ai Holdings Inc) - Reports March 2, 2026 (after market close) - Key watch: EPS estimate -0.06, revenue $33M. - **$BEEP** (Mobile Infrastructure Corp) - Reports March 2, 2026 (after market close) - Key watch: EPS estimate -0.11, revenue $9M. - **$AAON** (AAON Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.4475, revenue $371M. - **$ADT** (ADT Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.215, revenue $1.3B. - **$ASTH** (Astrana Health Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.1125, revenue $930M. - **$CGEN** (Compugen Ltd) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate -0.075, revenue $2M. - **$CRC** (California Resources Corporation) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.5113, revenue $774M. - **$GASS** (StealthGas Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.32, revenue $40M. - **$GTBP** (GT Biopharma Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate -0.22, revenue $0M. - **$KOS** (Kosmos Energy Ltd) - Reports March 2, 2026 (before market open) - Key watch: EPS -0.16 vs est -0.128, revenue $296M vs est $330M. - **$KSPI** (Kaspi.kz JSC ADR) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 3.3448, revenue $2.4B. - **$NCLH** (Norwegian Cruise Line Holdings Ltd) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.2655, revenue $2.35B. - **$NEXT** (NextDecade Corporation) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate -0.679. - **$QURE** (uniQure N.V) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate -0.9167, revenue $5M. - **$SATS** (EchoStar Corp) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate -0.643, revenue $3.79B. - **$SEE** (Sealed Air Corp) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.736, revenue $1.34B. - **$SNN** (Smith & Nephew plc ADR) - Reports March 2, 2026 (before market open) - Key watch: EPS 1.1848 vs est 1.155, revenue $3.18B vs est $2.77B. - **$TPB** (Turning Point Brands Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.87, revenue $120M. - **$UNIT** (Uniti Group Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate -0.3571, revenue $877M. - **$URGN** (UroGen Pharma Ltd) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate -0.5024, revenue $40M. - **$VG** (Venture Global Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.3427, revenue $4.39B. - **$WHF** (WhiteHorse Finance Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.2583. - **$XERS** (Xeris Biopharma Holdings Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate 0.0277, revenue $82M. - **$ZYME** (Zymeworks BC Inc) - Reports March 2, 2026 (before market open) - Key watch: EPS estimate -0.4611, revenue $19M. ## Economic Events - **ISM Manufacturing PMI** - March 2, 2026, 3:00 PM - Expected to provide insight into manufacturing sector health amid geopolitical tensions. - **S&P Global Manufacturing PMI Final** - March 2, 2026, 2:45 PM - Will confirm manufacturing activity trends. - **All Car and Truck Sales** - March 2, 2026, 3:00 PM - Important for assessing consumer demand in automotive sector. - **ADP National Employment Report** - March 4, 2026, 1:15 PM - Key labor market indicator with forecast of 50K jobs. - **MBA Mortgage Rates and Points** - March 4, 2026, 12:00 PM - Will influence housing market sentiment. - **S&P Global Services PMI Final** - March 4, 2026, 2:45 PM - Service sector health indicator. ## Regulatory & Legal - **$CAD-1005 (Cadrenal)** - FDA meeting scheduled (Date TBD) for HIT drug CAD-1005, critical for regulatory approval progress. ## What's NOT Dated But Worth Tracking - Continued escalation in the U.S.-Iran conflict impacting oil prices, global supply chains, and market volatility. - Nvidia’s strategic investments in photonics to accelerate AI processing capabilities. - BlackRock and EQT’s planned acquisition of AES and its implications for utility sector consolidation. - Travel and cruise industry recovery amid geopolitical tensions, with Norwegian Cruise Line as a bellwether. - Emerging fintech trends highlighted by Kaspi.kz’s performance and outlook. - Shifts in energy markets as oil prices surge above $80, with supply risks from Middle East conflicts. - Market rotation away from U.S. tech stocks toward energy and defense sectors due to geopolitical risks. ## Highest Conviction Catalyst - What: Escalation of U.S.-Iran conflict and its impact on global oil markets and geopolitical risk. - When: Intensifying as of March 2, 2026, with ongoing developments. - Why it matters: The conflict has triggered the largest oil price spike since 2022, disrupted global air travel, and caused significant market volatility. Energy stocks like **$XOM** and **$COP** have rallied sharply, while travel and tech sectors face pressure. The situation poses risks to global supply chains and inflation outlooks, influencing central bank policies and investor sentiment. - Trade idea: Consider exposure to U.S. energy majors benefiting from higher oil prices, such as **$XOM** and **$COP**, while monitoring travel-related stocks like **$NCLH** and **$NFLX** for downside risks. Defensive sectors and safe-haven assets like gold (**$GLD**) may also see inflows amid uncertainty.