Catalyst Calendar - March 13, 2026 (EOD)

 ## Today's Catalyst Results How did scheduled events play out? - **Adobe (ADBE) Q1 2026 Earnings** - Result: Adobe reported a revenue acceleration but faced concerns over a slowdown in Annual Recurring Revenue (ARR) and announced CEO transition plans. The stock dropped 7.28% to $250.15, reflecting investor caution despite solid top-line growth. - **American Public Education (APEI) Q4 2025 Earnings** - Result: APEI delivered strong Q4 results, prompting multiple price target raises from analysts, including Barrington Research and B. Riley Securities, with price targets raised to $56-$57. The stock surged 21.40% to $57.76, showing strong investor enthusiasm. - **Ulta Beauty (ULTA) Q4 2025 Earnings** - Result: Ulta reported weaker-than-expected earnings and issued a slower sales growth outlook for fiscal 2026. The stock declined 1.08% to $99.10 amid margin pressure and concerns over the new CEO’s TikTok push. - **VEON Ltd. Q4 2025 Earnings** - Result: VEON showed optimism in its Q4 results despite challenges, with the stock jumping 14.20% to $50.60, supported by analyst upgrades and strong market sentiment in telecom amid geopolitical tensions. - **Micron (MU) Ahead of Earnings** - Result: Micron shares rose 4.87% to $425.10 ahead of its Q2 earnings preview, reflecting bullish expectations for another strong quarter fueled by AI demand. ## Surprise News Today Unexpected developments that moved markets: - **ACXP (Acurx Pharmaceuticals)** - Stock plunged 22.55% to $3.88 despite no new earnings data, possibly due to investor concerns or sector rotation. - **DOUG (Douglas Elliman Inc.)** - Shares dropped 25.43% to $1.73 following a Q4 earnings beat but stock decline suggests profit-taking or concerns over guidance. - **PAR (PAR Technology Corporation)** - Stock tumbled 6.81% to $14.77 after announcing a $250 million convertible notes offering, diluting shares and pressuring price. - **SVCO (Silicon Valley Community Bancshares)** - Surged 50.00% to $4.95, likely on positive earnings or acquisition news, standing out as a notable outlier. - **SKIN (The Beauty Health Company)** - Jumped 23.58% to $1.31, possibly driven by strong Q4 earnings or analyst upgrades. - **LOCO (El Pollo Loco Holdings)** - Rose 16.27% to $12.65 after Q4 earnings call, signaling renewed investor confidence despite recent volatility. - **KRRO (Korro Bio)** - Gained 15.22% to $13.25, likely on positive clinical or corporate developments. - **KYIV (Kyivstar Group Ltd.)** - Increased 8.32% to $11.05 following strong digital revenue growth in Q4, beating estimates. - **LPRO (Open Lending Corporation)** - Up 18.18% to $1.43 after Q4 earnings call, indicating positive market reaction to results. ## After-Hours Catalysts Earnings and events happening tonight: - **Micron (MU)** - Q2 earnings preview expected; investors will focus on AI-driven demand and guidance updates. - **Adobe (ADBE)** - Additional details on CEO transition and ARR trends may surface in after-hours commentary. - **American Public Education (APEI)** - Continued analyst commentary and potential conference call insights to watch. - **Ulta Beauty (ULTA)** - Market will digest further management commentary on margin pressures and digital strategy. - **VEON Ltd. (VEON)** - Investors will monitor any guidance or geopolitical risk commentary post-earnings. - **PAR Technology (PAR)** - Watch for details on convertible notes offering and impact on capital structure. ## Tomorrow's Calendar Key events scheduled for tomorrow: - **Empire State Index and Industrial Production Data** - Time: Monday - Watch for: Economic growth signals amid geopolitical uncertainty, which could influence market sentiment and Fed outlook. - **Micron (MU) Earnings Call** - Time: Not specified - Watch for: Revenue and margin guidance, AI demand impact, and capital expenditure plans. - **Adobe (ADBE) Additional Commentary** - Time: Not specified - Watch for: CEO transition details and ARR outlook. ## This Week Ahead Other catalysts coming this week: - Monday: Release of Empire State Index and Industrial Production data, critical for gauging economic momentum. - Ongoing: Nvidia GTC 2026 conference expected to provide AI infrastructure insights, potentially impacting semiconductor and tech stocks. ## Highest Conviction Setup Based on today's action and upcoming catalysts: - Stock: **Micron (MU)** - Catalyst: Q2 earnings preview and Nvidia GTC 2026 AI conference - Thesis: Micron is positioned to benefit from sustained AI-driven semiconductor demand. The stock’s 4.87% gain today reflects strong investor optimism ahead of earnings. With AI infrastructure growth accelerating, Micron’s guidance and execution will be key drivers. The Nvidia GTC event may further validate the AI growth narrative, making Micron a high-conviction play in the semiconductor space. --- Overall, markets faced pressure with the S&P 500 down 0.56% and Nasdaq 100 down 0.64%, weighed by tech weakness and geopolitical tensions. Oil surged 2.88% to $121.80, reflecting supply concerns amid the Iran conflict, supporting energy stocks like **COP** (+0.97%) and **CVNA** (+2.57%). Gold declined 1.24%, indicating a shift away from traditional safe havens. Investors remain cautious ahead of key economic data and Fed signals, while earnings from tech and energy sectors continue to shape market direction.