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Catalyst watch: Fed meeting, earnings blitz, Oracle AI event, and a pure-play hockey stock

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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.

Monday - October 26

  • Volatility watch - Applied Materials AMAT and Marvell MRVL have seen options volatility increase over the last week. The most overbought stocks per their 14-day Relative Strength Index include Hasbro HAS, AMN Healthcare AMN, and Box BOX. The most oversold stocks per their 14-day Relative Strength Index include Advasa Holdings ADBT, Glass House Brands GLAS, and Carpenter Tech CRS. Short interest is elevated again on Xponential Fitness XPOF and indie Semiconductor INDI.
  • Dividend watch - Companies that have an ex-dividend date coming next week include Caterpillar CAT, Alcoa AA, Costco COST, and Morgan Stanley MS.
  • Earnings watch - Notable companies due to report include Verizon VZ, Welltower WELL, Nucor NUE, Public Storage PSA, Brown & Brown BRO, and Celestica CLS.
  • IPO watch - The quiet period expires on Accelevation ACCV and Chilwa Materials CCHWM to free up analysts to post ratings. The IPO lockup period expires for blocks of shares of SpaceX SPCX and Pershing Square USA PSUS. The SpaceX SPCX share being released for sale represent 7% of the total restricted shares.
  • All day - Oracle's ORCL flagship AI conference will begin in Las Vegas. The main speakers at Oracle AI World will be co-CEOs Mike Sicilia and Clay Magouyrk.
  • All day - The three-day Intuit Connect conference will begin. Intuit INTU CEO Sasan Goodarzi will open the conference with a speech.
  • All day - Wayfair's W three-day Way Day sales event will wrap up.

Tuesday - October 27

  • Earnings watch - Notable companies due to report include Visa V, Coca-Cola KO, HSBC HSBC, Boeing BA, S&P Global SPGI, and UPS UPS. Options trading implies a double-digit share price move for JetBlue JBLU, Galaxy Digital GLXY, and NXP Semiconductors NXPI following their reports.
  • All day - Madison Square Garden Sports MMSGS will spin off the New York Rangers as MSG Rangers Corp. (MSGR), along with the Hartford Wolf Pack and the MSG Training Center. The remaining company will be renamed MSG Knickerbockers Corp. (MSGK) and keeps the Knicks and Westchester Knicks.
  • All day - Notable investor events include Celestica's CLS Investor Day and Aritzia's ATZAF Investor Day.
  • All day - The go-shop period ends on the acquisition offer from H.I.G. Capital for Mistras MG. The stock trades above the $20.35 offer price.
  • 8:30 a.m. The September Durable Goods Orders will be released by the U.S. Census Bureau.

Wednesday - October 28

  • Earnings watch - Notable companies due to report include Alphabet GOOGL GOOG, Microsoft MSFT, T-Mobile TMUS, Chipotle CMG, eBay EBAY, and GE Vernova GEV. Options trading implies a double-digit share price move for Frontier Group ULCC, Wingstop WING, and Tenable TENB following their reports.
  • All day - The New Orleans Investment Conference will begin. Described as the longest-running investment event in the world, the agenda features a focus on gold, silver, mining stocks.
  • All day - Apple AAPL will hold a product event. Macs are expected to be the main focus, led by the touchscreen MacBook Pro and the new M6 MacBook Pro and iMac. A redesigned OLED iPad mini is also expected.
  • 2:00 p.m. The Federal Reserve will announce its interest rate decision. Federal funds futures trading implies a 12% probability of a 25-point rate increase.
  • 2:30 p.m. Federal Reserve Chairman Kevin Warsh will hold a press conference.

Thursday - October 29

  • Earnings watch - Notable companies due to report include Amazon AMZN, Eli Lilly LLY, Mastercard MA, Intel INTC, Merck MRK, Caterpillar CAT, Shell SHEL, Anheuser-Busch InBev BUD, and Altria MO. Options trading implies a double-digit share price move for Xerox XRX, Reddit RDDT, and Roblox RBLX following their reports.
  • 8:30 a.m. The first read on Q3 GDP will be released by the Bureau of Economic Analysis. Economists forecast 3.0% growth.
  • 8:30 a.m. The October core PCE price index report will be released. Economists forecast a 3.1% increase for the headline rate in the closely watched inflation gauge.
  • 8:30 a.m. GFL Environmental GFL will hold its earnings conference call amid reports that a sale announcement could come during the week.
  • 5:00 p.m. Amazon AMZN will hold its earnings conference call. Key topics will include AI capex plans and the impact on free cash flow, AWS expectations, an update on advertising growth, and color on the Anthropic (ANTHRO) stake. Options trading implies a share price move of 8% after the report is released. Suppliers that generate more than 30% of their revenue from Amazon and usually move in tandem with it on earnings day include Pattern Group PTRN, Aterian ATER and Credo Technology CRDO.

Friday - October 30

  • Earnings watch - Notable companies due to report include ExxonMobil XOM, Abbvie ABBV, Chevron CVX, and BP BP. Options trading implies a double-digit share price move for Autonation AN and Capri Holdings CPRI following their reports.
  • All day - It is the rank date for the rebuild of the Russell U.S. Index.
  • All day - The antitrust waiting period for the MarineMax HZO acquisition by a Blackstone BX company ends.

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