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.
Monday – February 2
- Volatility watch – Coinbase Global (COIN) and Reddit (RDDT) are set up for a volatile week of trading based on options volume. The most overbought stocks per their 14-day relative strength index include Goldsky Resources (GSKRF), Amerigo Resources (ARREF), and Precipitate Gold (PREIF). The most oversold stocks per their 14-day Relative Strength Index include Roper (ROP), Commerce.com (CMRC), and Flutter Entertainment (FLUT). Traders also expect more outsized swings for spot gold (XAUUSD:CUR) (GLD) and silver (XAGUSD:CUR) (SLV). Warner Bros Discovery (WBD) and Netflix (NFLX) could be active with the Senate antitrust hearing set.
- Earnings watch – Notable companies due to report include Palantir (PLTR), Disney (DIS), NXP Semiconductors (NXPI), Tyson Foods (TSN), Rambus (RMBS), and Teradyne (TER).
- IPO watch – A busy week for IPOs will see the trading debuts for VeraDermics (MANE), Once Upon a Farm (OFRM), Eikon Therapeutics (EIKN), Bob’s Discount Furniture (BOBS), Liftoff Mobile (LFTO), and Forgent Power Solutions (FPS). The IPO lockup period expires for blocks of shares of Firefly Aerospace (FLY).
- Dividend watch – Companies that have an ex-dividend date coming next week include Citigroup (C), MetLife (MET), Valero (VLO), and JB Hunt (JBHT).
- Oil watch – Oil futures could be active after eight OPEC+ nations reviewed the decision to pause oil production increases in Q1.
- All day – Lululemon (LULU) CFO Meghan Frank and Chief Commercial Officer André Maestrini will start to share leadership duties as co-CEOs while the company continues its search for a full-time replacement for Calvin McDonald.
- All day – The National Automobile Dealers Association’s annual four-day convention in Las Vegas begins. The event brings together dealers, manufacturers, and technology vendors. Marchex (MCHX), Faraday Future Intelligent Electric (FFAI), and Pinewood.AI (PINWF) are some of the companies participating.
- 2:00 p.m. The Federal Reserve’s Senior Loan Officer Opinion Survey on Bank Lending Practices will be released. The SLOOS report will provide an update on the conditions, supply and demand of bank loans extended to customers in the U.S. Tightening standards can signal stress in the banking system or broader economy, impacting financial stocks.
Tuesday – February 3
- Earnings watch – Notable companies due to report include AMD (AMD), Merck (MRK), PepsiCo (PEP), Amgen (AMGN), Suncor Energy (SU), Mondelez International (MDLZ), Electronic Arts (EA), PayPal (PYPL), and Chipotle (CMG). Options trading implies a double-digit swing in share price for Galaxy Digital (GLXY) and fuboTV (FUBO) after they report.
- All day – Western Digital Corporation (WDC) will hold its Innovation Day event in New York City. At the event, the company will highlight key innovations designed to support the growing demand for data storage by customers in the AI-driven data economy.
- All day – Shareholders with Semrush (SEMR) vote on the acquisition offer from Adobe (ADBE). Semrush traded at less than 1% from the deal price at the time of publication.
- 8:15 a.m. PepsiCo (PEP) will hold its earnings conference call. Key topics will include the guidance update, organic revenue and volume trends, North America snacks and beverages elasticity, and execution on the new shareholder-value plan. Key suppliers Celsius Holdings (CELH) and McCormick (MKC) trade directionally with PepsiCo about 75% of the time after earnings.
- 10:30 a.m. The two-day Oppenheimer Emerging Growth Conference will begin. Aeva Technologies (AEVA), GrowGeneration (GRWG), and Aehr Test Systems (AEHR) are some of the notable companies participating.
Wednesday – February 4
- Earnings watch – Notable companies due to report include Alphabet (GOOG), Eli Lilly (LLY), AbbVie (ABBV), Uber Technologies (UBER), and Qualcomm (QCOM). Options trading implies a double-digit swing in share price for Boot Barn (BOOT) and Snap (SNAP) after they report.
- All day – Shareholders with Noodles & Company (NDLS) vote on a proposed reverse stock split.
- All day – General Motors (GM) CFO Paul Jacobson will give comments at the Federal Reserve Bank of Chicago Automotive Insights Symposium.
- Postmarket – Costco (COST) will issue its January sales report.
Thursday – February 5
- Earnings watch – Notable companies due to report include Amazon (AMZN), Shell (SHEL), ConocoPhillips (COP), Bristol-Myers Squibb (BMY), Barrick Mining (B), and ArcelorMittal (MT). Options trading implies double-digit swings for Reddit (RDDT), Gold.com (Gold), and Roblox (RBLX) after they report.
- All day – American Axle & Manufacturing (AXL) will begin trading under its new name and symbol of Dauch Corporation (DCH). The name change is tied to the transformational strategic milestone of its planned acquisition of Dowlais Group and to reposition the business under a broader, less product-specific corporate identity.
- All day – Shareholders with Veeco Instruments (VECO) and Axcelis Technologies (ACLS) vote on the planned merger between the companies.
- 7:45 a.m. The European Central Bank will release its policy statement.
- 8:30 a.m. European Central Bank President Christine Lagarde will hold a press conference.
- 10:50 a.m. Atlanta Federal Reserve Bank President Raphael Bostic will participate in a moderated conversation and Q&A on monetary policy.
- 1:30 p.m. St. Louis Federal Reserve Bank President Alberto Musalem will speak on the U.S. economy and monetary policy and participate in a moderated discussion before the University of Arkansas Center for Business and Economic Research.
- 5:00 p.m. Amazon (AMZN) will hold its earnings conference call. Key topics will include AWS growth and competitive positioning, how investors should view surging AI-driven capex, and 2026 investment plans that could include OpenAI (OPENAI). Suppliers that have a high trading correlation with Amazon on earnings day include Hamilton Beach (HBB), Marvell Technology (MRVL), and Aterian (ATER).
Friday – February 6
- Earnings watch – Notable companies due to report include Toyota Motor (TM), Philip Morris (PM), Centene (CNC), and Autonation (AN).
- All day – Immunovant (IMVT) will hold a business update call.
- 8:30 a.m. The January jobs report will be released. Economists expect 65K job additions for the month and for the unemployment rate to remain at 4.4%.