Catalyst Calendar - March 03, 2026 (Morning)

 ## Major Catalysts Mentioned **Carnival Corporation (CCL)** - Date: TBD - Why it matters: Carnival reports strong sailings which offset higher expected fuel costs amid rising oil prices driven by Middle East tensions. This could impact travel and leisure sector sentiment. - Stocks affected: **$CCL** **Viking Holdings Ltd (VIK)** - Date: Q4 2025 earnings call presentation on 3 March - Why it matters: Viking Holdings is facing cruise declines due to U.S. naming certain destinations unsafe, a geopolitical risk impacting travel demand and bookings. - Stocks affected: **$VIK** **Pinterest (PINS)** - Date: TBD - Why it matters: Pinterest authorized a new $3.5 billion share repurchase program and saw a $1 billion investment from activist Elliott Management, signaling potential shareholder value initiatives. - Stocks affected: **$PINS** **Accenture (ACN)** - Date: TBD - Why it matters: Accenture agreed to acquire Ookla in a network data deal for $1.2 billion in cash, enhancing its data and analytics capabilities, which may impact its growth outlook. - Stocks affected: **$ACN** **MongoDB (MDB)** - Date: Q4 2025 earnings reported recently, with Q1 guidance below estimates - Why it matters: MongoDB’s stock fell sharply after reporting earnings and weak guidance, highlighting ongoing challenges in the software sector. - Stocks affected: **$MDB** ## Earnings on Deck - **$VIK** - Reports Q4 2025 earnings on 3 March - Key watch: impact of cruise declines and geopolitical risks on bookings and revenue. - **$AZO** (Autozone) - Reports Q4 2025 earnings on 3 March - Key watch: profit trends amid inflationary headwinds. - **$TGT** (Target) - Reports Q4 2025 earnings on 3 March - Key watch: sales rebound prospects and margin performance under new CEO. - **$SE** (Sea Ltd) - Reports Q4 2025 earnings on 3 March - Key watch: revenue growth in internet retail. - **$ONON** (On Holding AG) - Reports Q4 2025 earnings on 3 March - Key watch: footwear sales and growth outlook. - **$BBY** (Best Buy) - Reports Q4 2025 earnings on 3 March - Key watch: holiday sales and full-year outlook. - **$AMRC** (Ameresco) - Reports Q4 2025 earnings on 3 March - Key watch: growth in renewable energy solutions. - **$DAVE** (Dave Inc.) - Reports Q4 2025 earnings on 3 March - Key watch: user growth and profitability. - **$ASTS** (AST SpaceMobile) - Reports Q4 2025 earnings on 3 March - Key watch: progress in satellite communications. - **$SOPH** (SOPHiA GENETICS SA) - Reports Q4 2025 earnings on 3 March - Key watch: health information services growth. - **$SRAD** (Sportradar Group AG) - Reports Q4 2025 earnings on 3 March - Key watch: revenue growth in sports data services. - **$SRRK** (Scholar Rock Holding Corp) - Reports Q4 2025 earnings on 3 March - Key watch: biotech pipeline progress. - **$SRTA** (Strata Critical Medical Inc) - Reports Q4 2025 earnings on 3 March - Key watch: medical care facilities performance. - **$BBAI** (BigBear.ai) - Reports Q4 2025 earnings on 3 March - Key watch: AI growth and market positioning. - **$NUVB** (Nuvation Bio Inc.) - Reports Q4 2025 earnings on 3 March - Key watch: biotech development. - **$SENS** (Senseonics Holdings, Inc.) - Reports Q4 2025 earnings on 3 March - Key watch: medical device sales. - **$QUBT** (Quantum Computing Inc.) - Reports Q4 2025 earnings on 3 March - Key watch: quantum computing growth. - **$RIOT** (Riot Platforms) - Reports Q4 2025 earnings on 3 March - Key watch: cryptocurrency mining performance. - **$PLUG** (Plug Power) - Reports Q4 2025 earnings on 3 March - Key watch: hydrogen fuel cell market growth. - **$CHWY** (Chewy) - Reports Q4 2025 earnings on 3 March - Key watch: pet e-commerce growth. - **$ZM** (Zoom Communications) - Reports Q4 2025 earnings on 3 March - Key watch: pricing tailwinds and user growth. - **$ASAN** (Asana) - Reports Q4 2025 earnings on 3 March - Key watch: software profitability and growth. - **$TREE** (LendingTree) - Reports Q4 2025 earnings on 3 March - Key watch: mortgage origination trends. - **$MNTN** (MNTN, Inc.) - Reports Q4 2025 earnings on 3 March - Key watch: advertising technology growth. - **$ASTS** (AST SpaceMobile) - Reports Q4 2025 earnings on 3 March - Key watch: satellite communications progress. - **$AMRC** (Ameresco) - Reports Q4 2025 earnings on 3 March - Key watch: renewable energy expansion. ## Economic Events - **ISM Manufacturing PMI** - 3 March 3:00 PM - Market to watch for manufacturing sector health amid geopolitical tensions. - **S&P Global Services PMI Final** - 4 March 2:45 PM - Important for assessing service sector momentum. - **ADP National Employment Report** - 4 March 1:15 PM - Key labor market indicator ahead of official payrolls. - **MBA Mortgage Rates and Points** - 4 March 12:00 PM - Insight into housing market financing costs. - **API Weekly Oil Inventory Data** - 3 March 9:30 PM - Critical given oil price volatility amid Middle East conflict. ## Regulatory & Legal - No specific regulatory or legal events with explicit dates mentioned. ## What's NOT Dated But Worth Tracking - Middle East conflict and Iran war escalation impacting oil prices, energy stocks, and inflation expectations. Watch for developments in the Strait of Hormuz and geopolitical risk premiums. - U.S.-Israel military actions and broader regional instability could continue to pressure energy markets and global supply chains. - Activist investor Elliott Management’s $1 billion stake in Pinterest and share buyback program could drive stock volatility and potential strategic shifts. - Accenture’s acquisition of Ookla signals continued consolidation in network data and analytics, a sector to monitor for M&A activity. - Software sector challenges highlighted by MongoDB’s earnings miss and guidance cut, signaling caution in tech growth stocks. - Rising gas prices in the U.S. and globally due to supply disruptions, which could affect consumer spending and inflation. - Cruise and travel sector risks due to geopolitical safety concerns, notably impacting Viking Holdings and Carnival. ## Highest Conviction Catalyst - What: Q4 2025 Earnings Reports on 3 March, particularly from key consumer and tech companies such as Target (**$TGT**), AutoZone (**$AZO**), Viking Holdings (**$VIK**), and Best Buy (**$BBY**). - When: 3 March 2026 - Why it matters: These earnings will provide critical insight into consumer demand resilience amid inflationary pressures and geopolitical risks. Target’s performance under a new CEO and Viking’s exposure to travel disruptions are especially pivotal. Additionally, software and tech earnings will shed light on sector momentum after recent volatility. - Trade idea: Consider positioning for potential volatility around these reports. Defensive consumer names like **$TGT** and **$BBY** may offer opportunities if earnings beat expectations. Conversely, travel-related stocks such as **$VIK** and **$CCL** warrant caution given geopolitical headwinds. Monitor software stocks like **$MDB** for further downside or recovery signals. --- This catalyst summary integrates explicit dates and events from the headlines and earnings calendar, focusing on actionable market-moving developments.