Catalyst Watch: Nvidia earnings, Amazon product event, PayPal Investor Day and Buffett's letter (SPY:NYSEARCA)
Catalyst watch preview of key stock market events in the coming week.
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Catalyst Watch: Nvidia earnings, Amazon product event, PayPal Investor Day and Buffett's letter
Feb. 21, 2025 3:00 PM ETSPDR® S&P 500® ETF Trust (SPY)AAPL, OKE, IBM, EBAY, BYON, AMZN, HD, HPQ, INTC, AMAT, NVDA, CRM, ADBE, LOW, MMM, TJX, FRO, USM, DBD, INTU, ADSK, DPZ, DE, TD, TTEK, PSA, PRGO, WILC, ALNY, WBD, SMCI, LFUS, OMI, CATX, TYEKF, FN, RNMBF, VIPS, WDAY, AMBA, FANG, CHGG, PWRMF, PYPL, RUN, CART, DELL, VREX, ZYME, KDP, IMXI, FTDR, RAMP, PD, PRMB, LMND, SNOW, QBTS, LCID, FFIE, HIMS, HOLO, ZVIA, DUOL, OMGA, CCIRBy: Clark Schultz, SA News Editor
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Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more about the events that may impact stock prices next week.
Saturday - February 22
Monday - February 24
- Berkshire Hathaway (BRK.A) (BRK.B) CEO Warren Buffett will release his annual shareholder letter alongside the company's earnings report.
- Volatility watch - Super Micro Computer (SMCI) and D-Wave Quantum (QBTS) have a high level of implied volatility based on options trading. Sunrun (RUN) and Omega Therapeutics (OMGA) head into the new week with a high level of short interest outstanding on them. The most overbought stocks per their 14-day relative strength index include Power Metals Corp (OTCQB
WRMF), Cohen Circle Acquisition Corp. I (CCIR), and Hims & Hers Health (HIMS). The most oversold stocks per their 14-day Relative Strength Index include Tetra Tech (TTEK) and Owens & Minor (OMI). In Europe, defense stocks Rheinmetall AG (OTCPK:RNMBF) and Thyssenkrupp (OTCPK:TYEKF) are seeing rising short covering amid concerns about European security.
- Earnings watch - Notable companies due to report include Domino's Pizza (DPZ), Oneok (OKE), Pure Storage (PSA), and Diamondback Energy (FANG). Options trading implies a double-digit share price swing for Chegg (CHGG) and Beyond (BYON) following their reports.
- All day - The post-IPO quiet period expires on Smithfield Foods (SFD) and Beta Bionics (BBNX) to free up analysts to post ratings.
- All day - The tender offer for QXO's hostile takeover bid of Beacon Roofing (BECN) will expire.
- 4:00 p.m. Applied Materials (AMAT) management will participate in a panel discussion during the SPIE 2025 conference.
Tuesday - February 25
- Earnings watch - Notable companies due to report include Home Depot (HD), Intuit (INTU), Maplebear (CART), Keurig Dr Pepper (KDP), and Workday (WDAY). Options trading implies a double-digit share price swing for Lemonade (LMND) and Lucid Group (LCID) following their reports.
- All day - Apple (AAPL) will hold its annual meeting. Shareholders will vote on a proposals covering diversity, artificial intelligence, child safety, and charitable topics.
- All day - Notable investor events include PayPal (PYPL) Investor Day, LiveRamp's (RAMP) Investor Day and Alnylam Pharmaceuticals' (ALNY) R&D Day.
- 1:00 p.m. Richmond Federal Reserve Bank President Thomas Barkin will speak on "Inflation Then and Now" before the Rotary Club of Richmond.
Wednesday - February 26
- Earnings watch - Notable companies due to report include Nvidia (NVDA), Salesforce (CRM), Lowe's (LOW), TJX Companies (TJX), eBay (EBAY), and Snowflake (SNOW). Options trading implies a double-digit share price swing for Zevia (ZVIA) and Ambarella (AMBA) after their reports.
- All day - Notable investor events include 3M Company's (MMM) Investor Day, Littelfuse's (LFUS), Investor Day, Deere & Company's (DE) annual meeting with several shareholder proposals going to a vote, International Money Express' (IMXI) Investor Day, and Diebold Nixdorf's (DBD) Investor Day.
- All day - Shareholders of Charter (CHTR) and Liberty Broadband (LBRDA) will vote on their planned merger.
- 10:00 a.m. Amazon (AMZN) will hold a product event. The tech giant is expected to announce a major artificial intelligence upgrade for its voice assistant Alexa. There is also speculation that a new smart home product could be introduced.
- 12:00 p.m. Atlanta Federal Reserve Bank President Raphael Bostic will participate in conversation on the economic outlook and housing before the Urban Land Institute's annual Housing Opportunity Conference.
- 5:00 p.m. Nvidia (NVDA) will hold its earnings conference call. Options trading implies a 7% share price swing after the report is released. Notably, over the last two years, Nvidia has seen its two biggest earnings day moves following the February release of the Q4 results. Fabrinet (FN) is the supplier that has had the closest trading correlation to Nvidia over the last three years, moving in tandem with the chip giant 88% of the time.
Thursday - February 27
- Earnings watch - Notable companies due to report include Dell Technologies (DELL), HP (HPQ), Warner Bros. Discovery (WBD), Toronto-Dominion Bank (TD), and Autodesk (ADSK). Options trading implies a double-digit share price swing for Duolingo (DUOL) and Sunrun (RUN) after their reports are released.
- All day - The two-day Pre-PDAC Mining Showcase will feature keynote speakers and a long list of mining companies presenting.
- All day - Notable investor events include Frontdoor's (FTDR) Investor Day, Primo Brands' (PRMB) Investor Day, and G. Willi-Food International's (WILC) special meeting to vote on leadership appointments and compensation policy.
- All day - Perspective Therapeutics (CATX), Varex Imaging (VREX), and Zymeworks (ZYME) are some of the companies participating in the B. Riley Securities Precision Oncology & Radiopharma Conference.
- All day - The Information's AI Agenda Live event in San Francisco will include participation by Anthropic, PagerDuty (PD), Adobe (ADBE), and IBM (IBM).
- 2:00 p.m Intel (INTC) will participate in a fireside chat on the company's business and foundry strategy at the Bernstein Technology, Media & Telecom Forum.
Friday - February 28
- Earnings watch - Notable companies due to report include Frontline (FRO).
- All day - Notable investor events include Perrigo Co.'s (PRGO) Investor Day.
- 8:30 a.m. The core PCE price index report for January will be released. The Fed's favored inflation gauge was up 2.8% year-over-year in both December and November.
Seeking Alpha Editor Josh Fineman contributed to this story.
