Catalyst Calendar - March 05, 2026 (Morning)

 ## Major Catalysts Mentioned **Valero Energy Corporation** - Date: March 5 - Why it matters: Valero is filing Form 424B5, indicating potential new securities offering or refinancing activity. This could impact its capital structure or funding for growth initiatives. - Stocks affected: **$VLO** **Aqua America Inc.** - Date: March 5 - Why it matters: Filing Form 424B5 suggests Aqua America may be raising capital or restructuring debt, which could influence its financial flexibility and stock performance. - Stocks affected: data not available **Splash Beverage Group Inc.** - Date: March 5 - Why it matters: Filing Form 8K often signals material events or disclosures that could affect the stock price. Investors should monitor for details. - Stocks affected: data not available **Rentokil Initial plc (RTO)** - Date: March 5 - Why it matters: Q4 2025 earnings call transcript released, with shares jumping 12% on North America growth. Indicates strong operational momentum and potential for further upside. - Stocks affected: **$RTO** **Booking.com (BKNG)** - Date: Date TBD (no explicit date) - Why it matters: Stock gains favor at Mizuho after ChatGPT checkout shift, highlighting AI-driven innovation in e-commerce and travel booking. Could drive revenue growth and market share gains. - Stocks affected: **$BKNG** **Core Scientific** - Date: Date TBD - Why it matters: Secured up to $1 billion loan facility from Morgan Stanley, providing significant liquidity to expand operations in the blockchain and crypto mining sector. - Stocks affected: data not available **Stem, Inc. (STEM)** - Date: Date TBD - Why it matters: Q4 EPS beat estimates with $47.2M sales beating $38.29M estimate, signaling operational improvement and potential investor confidence boost. - Stocks affected: **$STEM** **OpenAI** - Date: Date TBD - Why it matters: Reported annualized revenue surpassing $25 billion as of last month, underscoring rapid growth in AI sector and potential spillover benefits to AI-related stocks. - Stocks affected: Indirectly impacts **$AMZN**, **$GOOG**, **$MSFT**, **$NVDA** **Bill Gates-Backed TerraPower** - Date: Date TBD - Why it matters: U.S. Nuclear Regulatory Commission approval for Natrium reactor construction marks a historic milestone in nuclear energy, potentially boosting related energy and tech stocks. - Stocks affected: data not available **Middle East Conflict Impact** - Date: Ongoing, no specific date - Why it matters: Escalating Middle East tensions are driving aluminum prices to a 4-year high due to supply disruptions, impacting commodity markets and aluminum-related stocks. - Stocks affected: Aluminum producers, **$AA** **Berkshire Hathaway (BRK.B)** - Date: Date TBD - Why it matters: CEO Greg Abel states no plans to reduce Kraft Heinz stake despite disappointment; Berkshire resumes share buybacks and CEO purchased $15 million in stock, signaling confidence in the company. - Stocks affected: **$BRK.B**, **$KHC** **Coinbase Global (COIN)** - Date: Date TBD - Why it matters: Price action weighed on Q4 performance despite a 14.32% stock rise, reflecting volatility in crypto markets and investor sentiment shifts. - Stocks affected: **$COIN** **Okta, Inc. (OKTA)** - Date: Date TBD - Why it matters: Q4 earnings beat estimates with fiscal 2027 outlook in line amid AI push, suggesting growth potential in cybersecurity and AI integration. - Stocks affected: **$OKTA** ## Earnings on Deck - **Valero Energy Corporation (VLO)** - March 5 - Watch for capital raising details and impact on financials. - **Aqua America Inc.** - March 5 - Earnings and capital structure updates expected. - **Rentokil Initial plc (RTO)** - March 5 - Q4 earnings call highlights strong North American growth. - **Aligos Therapeutics Inc (ALGS)** - March 5 - EPS estimate of -2.4867; biotech sector focus. - **Altimmune Inc (ALT)** - March 5 - EPS estimate of -0.234; potential biotech catalyst. - **Autohome Inc ADR (ATHM)** - March 5 - EPS estimate 0.3329; internet content sector. - **Bilibili Inc ADR (BILI)** - March 5 - Reported EPS beat and revenue beat; positive momentum. - **BJ's Wholesale Club Holdings Inc (BJ)** - March 5 - EPS estimate 0.9344; retail sector watch. - **Brilliant Earth Group Inc (BRLT)** - March 5 - EPS estimate 0.0245; luxury goods sector. - **Burlington Stores Inc (BURL)** - March 5 - EPS estimate 4.7606; apparel retail sector. - **Bioventus Inc (BVS)** - March 5 - EPS estimate 0.2158; medical devices. - **Capital Clean Energy Carriers Corp (CCEC)** - March 5 - EPS estimate 0.4768; marine shipping. - **CIENA Corp (CIEN)** - March 5 - EPS estimate 1.1662; communication equipment. - **Canadian Natural Resources Ltd (CNQ)** - March 5 - EPS estimate 0.4853; oil & gas. - **CorMedix Inc (CRMD)** - March 5 - EPS estimate 0.8162; biotech. - **Distribution Solutions Group Inc (DSGR)** - March 5 - EPS estimate 0.19; industrial distribution. - **FTC Solar Inc (FTCI)** - March 5 - EPS estimate -0.2606; solar sector. - **Gaotu Techedu Inc ADR (GOTU)** - March 5 - EPS beat with 34.9% surprise; education services. - **Global Ship Lease Inc (GSL)** - March 5 - EPS estimate 2.31; marine shipping. - **HUTCHMED (China) Limited ADR (HCM)** - March 5 - EPS estimate 2.5; specialty drug manufacturers. - **Ituran Location And Control Ltd (ITRN)** - March 5 - EPS estimate 0.752; scientific instruments. - **Invivyd Inc (IVVD)** - March 5 - EPS estimate -0.0833; biotech. - **JD.com Inc ADR (JD)** - March 5 - EPS estimate 0.0527; internet retail. - **Kroger Co (KR)** - March 5 - EPS estimate 1.2011; grocery stores. - **Kura Oncology Inc (KURA)** - March 5 - EPS estimate -0.639; biotech. - **Liquidia Corp (LQDA)** - March 5 - EPS estimate 0.2356; biotech. - **Lexicon Pharmaceuticals Inc (LXRX)** - March 5 - EPS estimate -0.069; biotech. - **MediWound Ltd (MDWD)** - March 5 - EPS estimate -0.6499; biotech. - **Myers Industries Inc (MYE)** - March 5 - EPS estimate 0.23; packaging. - **Olaplex Holdings Inc (OLPX)** - March 5 - EPS estimate 0.0099; specialty retail. - **PBF Energy Inc (PBF)** - March 5 - Watch for earnings and capital activity. - **Precigen (PGEN)** - March 5 - Watch for clinical and regulatory updates. - **The Kroger Co. (KR)** - March 5 - Earnings call; watch EPS and revenue trends. - **Stem, Inc. (STEM)** - Q4 2025 earnings call transcript available; EPS beat noted. - **OmniAb, Inc. (OABI)** - Q4 2025 earnings call transcript available. - **Rentokil Initial plc (RTO)** - Q4 2025 earnings call transcript available. - **Bilibili Inc. (BILI)** - Q4 2025 earnings call transcript available. - **Broadcom Inc. (AVGO)** - Q1 2026 earnings call transcript available; AI chip growth focus. - **Okta, Inc. (OKTA)** - Q4 2026 earnings call transcript available; AI strategy highlighted. - **Veeva Systems Inc. (VEEV)** - Q4 2026 earnings call transcript available. - **Pegasystems Inc. (PEGA)** - Morgan Stanley conference presentation; AI and subscription growth focus. - **MagnaChip Semiconductor Corporation (MX)** - Q4 2025 earnings call transcript available. - **BandWidth Inc. (BAND)** - Morgan Stanley conference presentation. - **Ciena Corp (CIEN)** - Q4 earnings report due March 5; strong data center orders noted. - **Alto Ingredients, Inc. (ALTO)** - Q4 2025 earnings call transcript available. - **American Eagle Outfitters, Inc. (AEO)** - Q4 2025 earnings call transcript available. - **Hudson Technologies, Inc. (HDSN)** - Q4 2025 earnings call transcript available. - **MicroVision, Inc. (MVIS)** - Q4 2025 earnings call transcript available. - **Red Violet, Inc. (RDVT)** - Q4 2025 earnings call transcript available. - **Scandinavian Tobacco Group A/S (STBGY)** - Q4 2025 earnings call transcript available. - **Elementis plc (ELMTY)** - Q4 2025 earnings call transcript available. - **Reckitt Benckiser Group plc (RBGLY)** - Q4 2025 earnings call transcript available. - **PageGroup plc (MPGPY)** - Q4 2025 earnings call transcript available. - **Linamar Corporation (LNR:CA)** - Q4 2025 earnings call transcript available. - **StubHub Holdings, Inc. (STUB)** - Q4 2025 earnings call transcript available. - **Elekta AB (publ) (EKTAY)** - Q3 2026 earnings call transcript available. - **Cab Payments Holdings Limited (CABPF)** - Q4 2025 earnings call transcript available. - **Admiral Group plc** - Q4 2025 earnings beat; shares up. - **Bath & Body Works, Inc.** - Q4 2026 earnings call presentation. - **Harbor International Compounders Fund** - Q4 2025 commentary. - **Natera, Inc. (NTRA)** - Presentation at Raymond James conference. - **Taylor Wimpey** - Profit guidance and payout structure update. - **Walmart Inc. (WMT)** - Morgan Stanley conference presentation. - **T-Mobile US, Inc. (TMUS)** - Morgan Stanley conference presentation. - **Atlassian Corporation (TEAM)** - Morgan Stanley conference presentation. - **Dell Technologies Inc. (DELL)** - Morgan Stanley conference presentation. - **Lamar Advertising Company (LAMR)** - Morgan Stanley conference presentation. - **Cadence Design Systems, Inc. (CDNS)** - Morgan Stanley conference presentation. - **Amplitude, Inc. (AMPL)** - Morgan Stanley conference presentation. - **Cogent Communications Holdings, Inc. (CCOI)** - Morgan Stanley conference presentation. - **ChargePoint Holdings, Inc. (CHPT)** - Q4 2026 earnings call transcript. - **Veeva Systems Inc. (VEEV)** - Q4 2026 earnings call presentation. - **Symrise AG (SYIEY)** - Q4 2025 earnings call transcript. - **Nexi S.p.A. (NEXXY)** - Analyst/investor day presentation. - **Form 4 filings for multiple companies on March 4 and 5** - indicative of insider activity. ## Economic Events - US Initial Jobless Claims - March 5, 1:30 PM - Important for labor market health; recent data shows unchanged claims and a 55% decline in layoffs in February, signaling labor market resilience. - ADP National Employment - March 4, 1:15 PM - Actual 63K vs forecast 50K; a key labor market indicator influencing market sentiment. - ISM Non-Manufacturing PMI - March 4, 3:00 PM - Actual 56.1 vs forecast 53.5; indicates service sector strength. - S&P Global Composite and Services PMI - March 4 - Slight declines but still above 50, signaling expansion. - MBA Mortgage Rates and Applications - March 4 - Rates slightly up; housing market impact. - EIA Weekly Crude and Ethanol Stocks - March 4, 3:30 PM - Crude stocks rose more than forecast, impacting oil prices. ## Regulatory & Legal - No explicit FDA or court rulings with dates mentioned. ## What's NOT Dated But Worth Tracking - OpenAI's rapid revenue growth beyond $25 billion annualized could continue to drive AI sector momentum and impact related tech stocks. - Middle East conflict continues to disrupt commodity markets, particularly aluminum and oil, with potential for further supply chain shocks. - Bill Gates-backed TerraPower's nuclear reactor approval could catalyze a renaissance in nuclear energy investments. - Berkshire Hathaway's resumption of share buybacks and CEO insider buying signals confidence amid market uncertainty. - Coinbase and crypto sector volatility remain a key theme, with institutional investors still engaged despite recent drawdowns. - AI integration in cybersecurity (Okta) and enterprise software (Pegasystems) is a growing theme to watch. - The impact of geopolitical tensions on global supply chains, energy prices, and inflation expectations remains a critical market driver. ## Highest Conviction Catalyst - What: US Initial Jobless Claims and ISM Non-Manufacturing PMI releases on March 4 and 5 - When: March 4 (ADP, PMI), March 5 (Jobless Claims) - Why it matters: These labor market and service sector data points will provide crucial insight into the health of the US economy amid ongoing geopolitical tensions and inflation concerns. Strong employment data could reinforce expectations for steady Fed policy, supporting risk assets, while weakness could heighten recession fears and volatility. - Trade idea: Monitor financials and cyclicals for reaction to labor data; consider positioning in defensive sectors if data disappoints or in tech and growth if data supports economic resilience.