Catalyst Watch: CPI, major bank earnings, Amazon Prime Day and CAVA ratings
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Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week, or the Seeking Alpha earnings calendar for companies due to report.
Monday - July 10


Volatility watch - Short interest on both Coinbase Global (COIN) and Arhaus (ARHS) stands at more than 20% of total float. Options trading volume is elevated on Nikola (NKLA) and FingerMotion (FNGR) once again. The judge in the settlement hearing on AMC Entertainment's (AMC) plan to convert preferred equity units (APE) could issue a ruling, which could give shares a jolt.

Earnings watch -  Notable companies due to report include Helen of Troy (HELE), WD-40 Company (WDFC), and PriceSmart (PSMT).

Healthcare watch - Notable events in the healthcare sector include Phase 3 topline data being reported by Journey Medical Corporation (DERM) and Phase 4 PK data from Fortress Biotech (FBIO) on the safety of DFD-29. The 2nd Annual RNA Therapeutics Summit will include participation from Sarepta Therapeutics (SRPT), Avidity Biosciences (RNA), and Ionis Pharmaceuticals (IONS).

All day -  Sell-side analysts can begin to post ratings on CAVA Group (CAVA) following the expiration of the quiet period on the stock.

10:00 a.m. Federal Reserve Vice Chair for Supervision Michael Barr will speak on bank supervision and capital rule.

Tuesday - July 11


All day - Novanta (NOVT), Navitas Semiconductor (NVTS), Materion Corporation (MTRN) will present at the CJS Securities New Ideas Summer Conference.

All day - Amazon's (AMZN) Prime Day event will run for 45 hours alongside dueling shopping promotions from retailers such as Walmart (WMT), Target (TGT), Newegg Commerce (NEGG), Overstock.com (OSTK), Macy's (M), and Best Buy (BBY).

All day - Daimler Truck (OTCPK:DTRUY) will hold its first Capital Markets Day as a standalone company. Deutsche Bank expects the German trucking giant to provide a tech update that includes profitability indicators for diesel versus electric trucks, as well as a roadmap until 2030. An announcement of a buyback plan is seen as a potential share price catalyst.

8:30 a.m. REGENXBIO (RGNX) will host a virtual investor day. During the event, members of REGENXBIO's management team and external experts will provide an update to the investment community on the company's pipeline, with a focus on programs with expected interim clinical trial data to be presented in the second half of 2023. Shares of RGNX have rallied after similar events in the past.

8:30 a.m. ReWalk Robotics (RWLK) will host a conference call and webcast to discuss the recent proposal from the Centers for Medicare & Medicaid Services to include personal exoskeletons in the Medicare benefit category for braces.

Wednesday - July 12


Earnings watch -  Notable companies due to report include Millerknoll (MLKN) and Angiodynamics (ANGO).

All day - DoorDash (DASH), Just Eat Takeaway's (OTCPK:JTKWY) Grubhub, and Uber Eats (UBER) will be on watch to see if a judge lifts or extends the temporary halt on new legislation covering minimum wages for delivery workers.

All day - The IPO lockup period expires on a block of shares of Skyward Specialty Insurance Group (SKWD).

8:30 a.m. Investors will have the June Consumer Price Index report fall into their laps. Economists forecast headline inflation to fall to 3.0% from 4.0% in May and core inflation to be reported at 5.0% from 5.3% in May.

10:00 a.m. Sprinklr (CXM) will hold an Investor Day event with top executives set to provide an overview of the companyâs market opportunities, new product innovations, various use cases, and Sprinklrâs financial outlook

12:35 p.m. Acurx Pharmaceuticals (ACXP) will present at the Emerging Growth Conference.

2:00 p.m. The Federal Reserve will release its Beige Book report.

4:00 p.m. Federal Reserve Bank of Cleveland President Loretta Mester will speak about FedNow. The FedNow real-time payment system is set for a late July launch and has signed on 57 financial institutions and service providers, including JPMorgan Chase (JPM), Wells Fargo (WFC), U.S. Bank (USB), Fiserv (FI), and Jack Henry (JKHY). PayPal Holdings (PYPL) and Block (SQ) are stocks that could be impacted by FedNow in the future.

Thursday - July 13


Earnings watch -  Notable companies due to report include PepsiCo (PEP), Delta Air Lines (DAL), and Conagra Brands (CAG).

All day - Federal Trade Commission Chair Lina Khan is set to testify before the House Judiciary Committee for the first time. The hearing comes after House Judiciary Committee Chairman Jim Jordan (R-OH) subpoenaed Khan in April for documents related to the agency's alleged actions against Twitter.

All day -  OPEC will publish its monthly Oil Market Report.

All day -  Reed's (OTCQX:REED) will participate in the upcoming OTC Markets Small Cap Growth Virtual Investor Conference. The interactive online event will allow investors to ask the company questions in real-time.

8:30 a.m. The Producer Price Index report is expected to show a 0.2% month-over-month increase. Producer prices continue to ease as supply chains improve and demand softens.

10:00 a.m. Delta Air Lines (DAL) will hold its earnings call. United Airlines (UAL) and Alaska Air Group (ALK) are the two airline sector peers that correlate the tightest to Delta during earnings week.

Friday - July 14


Earnings watch -  Notable companies due to report include UnitedHealth Group (UNH), JPMorgan Chase (JPM), Wells Fargo (WFC), Blackrock (BLK), and Citigroup (C).

All day -  Rocket Lab (RKLB) is scheduled to launch its Electron rocket for NASA's Starling mission out of Launch Complex 1, Mahia Peninsula, New Zealand.

All day - Shareholders with Cadeler (OTCPK:CADLF) will vote on the all-stock merger Eneti (NETI) set to create a leading offshore wind turbine and foundation installation company.

10:00 a.m. The University of Michigan consumer sentiment survey is expected to show a continued rebound. The one-year inflation expectations component dropped to a two-year low in June, and long-run inflation expectations index also ticked lower.