Catalyst Calendar - March 05, 2026 (EOD)

 ## Today's Catalyst Results How did scheduled events play out? - **Costco Wholesale Corporation (COST)** - Result: Reported Q2 2026 earnings beat estimates but shares dipped slightly despite the beat. - Market reaction: COST shares declined 2.60% to $980.57 amid broader market weakness and tariff concerns. - **Atea Pharmaceuticals, Inc. (AVIR)** - Result: Q4 2025 earnings call presentation released. - Market reaction: Shares gained 4.67% to $5.21, reflecting positive investor sentiment on the report. - **Ecopetrol S.A. (EC)** - Result: Q4 2025 earnings call transcript showed strong results. - Market reaction: EC shares surged 8.80% to $12.61, boosted by energy sector strength amid rising oil prices. - **GoPro, Inc. (GPRO)** - Result: Q4 2025 earnings missed expectations according to transcript. - Market reaction: Shares dropped 15.28% to $0.92, reflecting investor disappointment. - **Grove Collaborative Holdings, Inc. (GROV)** - Result: Q4 2025 earnings call transcript indicated profitability achieved despite revenue decline. - Market reaction: Shares fell 3.03% to $1.28, suggesting cautious investor response. - **Ambiq Micro, Inc. (AMBQ)** - Result: Q4 2025 earnings beat forecasts with strong sales and narrowed loss. - Market reaction: Shares rose 7.09% to $30.06, supported by AI demand optimism. - **Marvell Technology, Inc. (MRVL)** - Result: Q4 2026 earnings beat with robust AI-driven demand. - Market reaction: Shares jumped 10.86% to $86.57, reflecting strong growth outlook. - **The Trade Desk, Inc. (TTD)** - Result: Shares surged 19.38% to $30.05 on reports of OpenAI ad sales talks and insider buying. - Market reaction: Strong positive momentum amid AI-related excitement. - **Shopify Inc. (SHOP)** - Result: Q4 2025 earnings showed strong results lifting shares. - Market reaction: Shares gained 3.93% to $134.75, boosted by AI and platform transformation themes. - **Veeva Systems Inc. (VEEV)** - Result: Q4 2026 earnings call transcript showed strong Vault CRM growth and AI opportunity despite price target cuts. - Market reaction: Shares rose 3.86% to $195.75, supported by long-term AI thesis. - **Broadcom Inc. (AVGO)** - Result: Q1 2026 earnings beat with AI infrastructure spending strength. - Market reaction: Shares rallied 4.71% to $332.48, a bright spot in chip sector amid market weakness. - **Okta, Inc. (OKTA)** - Result: Q4 2026 earnings beat estimates with fiscal 2027 outlook in line amid AI push. - Market reaction: Shares jumped 10.96% to $79.60, supported by multiple analyst upgrades and positive AI strategy commentary. - **Expedia Group, Inc. (EXPE)** - Result: Q4 2025 earnings beat with strong fiscal 2027 guidance. - Market reaction: Shares soared 13.45% to $251.55, reflecting travel sector relief rally. - **Boeing (BA)** - Result: Deliveries weakness highlighted as critical challenge. - Market reaction: Shares declined 2.31% to $222.06, pressured by industry headwinds. - **Applied Materials, Inc. (AMAT)** - Result: Shares down 3.29% to $346.00 amid chip sector pullback despite AI demand. - Market reaction: Reflects cautious sentiment on semiconductor supply chain. ## Surprise News Today Unexpected developments that moved markets: - **$ALTO** - Shares surged 53.46% to $3.99 on heavy volume (27.2M), a notable outlier in the market. The catalyst appears linked to earnings or strategic announcements but details are limited. - **$PDYN** - Palladyne AI stock jumped 27.86% to $9.50, likely driven by Q4 2025 earnings and strategic growth amid acquisitions. - **$PMTS** - CPI Card Group shares soared 41.25% to $17.60 after Q4 earnings beat and revenue topped estimates, signaling strong fintech momentum. - **$STEM** - Shares rallied 21.19% to $12.18 following Q4 earnings call presentation, suggesting renewed investor interest in energy storage or AI-related growth. - **$RTO** - Rentokil Initial shares jumped 11.27% to $31.99 on Q4 results showing strong North America growth, lifting investor confidence. - **$WLY** - Wiley shares surged 14.06% to $34.73 after Q3 2026 earnings call, indicating positive market reaction to recent results or guidance. - **$WMT** - Walmart shares fell 3.37% to $123.50 despite digital pricing rollout, weighed down by tariff pressures and cautious retail outlook. - **$AEO** - Abercrombie & Fitch shares dropped 13.90% to $19.33 despite 8% comparable store sales increase in February, reflecting margin or guidance concerns. - **$ACFN** - Acorn Energy shares plunged 15.65% to $18.32 after Q4 earnings, signaling investor disappointment. - **$CIEN** - Ciena shares fell 12.88% to $299.30 despite strong margin strength and raised price targets, showing sector rotation or profit taking. - **$ASTS** - AST SpaceMobile shares dropped 10.37% to $94.01, possibly due to earnings or sector volatility. - **$BWMN** - Bowman shares declined 11.96% to $29.00 after Q4 earnings, reflecting mixed results or outlook. - **$SES** - SES AI shares plunged 35.67% to $1.10, a sharp decline likely tied to earnings or strategic concerns. ## After-Hours Catalysts Earnings and events happening tonight: - **$AAPL** - Market awaits Apple’s next product announcements and potential AI strategy updates after today’s 0.89% decline to $260.19. - **$MSFT** - Microsoft’s recent 1.49% gain to $411.25 sets the stage for potential follow-up on AI initiatives in after-hours. - **$AMZN** - Amazon shares up 0.99% to $218.96, with investors watching for updates on online store performance and AI integration. - **$NVDA** - Nvidia’s slight decline of 0.34% to $182.41 contrasts with sector strength; after-hours focus on export control developments and AI demand. - **$META** - Meta Platforms down 1.01% to $661.00, with attention on AI deals and guidance following recent analyst downgrades. - **$BKNG** - Booking Holdings surged 8.46% to $4613.28, with after-hours focus on travel sector momentum and geopolitical risk impact. - **$IBM** - IBM shares rose 2.60% to $256.55, with after-hours interest in AI partnerships and generative AI solutions. - **$EPAM** - EPAM Systems up 2.61% to $144.58, investors will watch for further commentary on AI-driven growth. - **$ORCL** - Oracle shares gained 2.96% to $156.88, with after-hours focus on reported job cuts and data center cost management. ## Tomorrow's Calendar Key events scheduled for tomorrow: - **February Jobs Report (NFP)** - Time: Friday, March 6 - Watch for: Employment data critical for assessing economic momentum and Fed policy outlook amid Iran conflict and inflation concerns. - **Amazon (AMZN) Earnings Call** - Time: March 6 - Watch for: Updates on e-commerce performance, AWS growth, and AI strategy in the face of recent online store outages. - **Broadcom (AVGO) Earnings Call** - Time: March 6 - Watch for: Further insights on AI chip demand and guidance following today’s strong Q1 results. - **Costco (COST) Follow-up Commentary** - Time: March 6 - Watch for: Management’s take on tariffs, margin pressures, and consumer trends. ## This Week Ahead Other catalysts coming this week: - Friday: February jobs data release will be the focal point for market direction, especially given recent geopolitical tensions and inflation fears. - Ongoing: Morgan Stanley Technology, Media & Telecom Conference continues with multiple tech and AI-related presentations shaping sector sentiment. ## Highest Conviction Setup Based on today's action and upcoming catalysts: - Stock: **$OKTA** - Catalyst: Q4 earnings beat, fiscal 2027 outlook in line, multiple analyst upgrades, and AI-driven growth strategy. - Thesis: Okta’s strong earnings and AI integration position it well in cybersecurity and identity management, with positive analyst sentiment and a recent 10.96% jump signaling robust investor confidence ahead of broader tech sector volatility. --- Overall, the market faced pressure from geopolitical tensions in the Middle East driving oil prices to multi-year highs, which weighed on the Dow (-1.43%) and S&P 500 (-0.41%). However, select technology and AI-related stocks like Broadcom, Marvell, The Trade Desk, and Okta showed resilience and strong gains, highlighting the bifurcation between defensive and growth sectors. The upcoming February jobs report will be critical to gauge economic resilience amid inflation and geopolitical risks.