Catalyst watch: Tesla event, Microsoft talks OpenAI, Rivian earnings and Chevron
da-kuk

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 - February 27


Volatility watch - Offerpad Solutions (OPAD) and PMV Pharmaceuticals (PMVP) begin the week with an elevated percentage of short interest outstanding. Options trading has spiked over the last week on Praxis Precision Medicines (PRAX).

All week - Proxy advisory firms are expected to issue recommendations in regard to the proposed merger between IAA (IAA) and Ritchie Bros. Auctioneers (RBA).

All day -  The Deutsche Bank Annual Media, Internet and Telecom Conference will be in the spotlight with presentations expected from AT&T (T), FuboTV (FUBO), Expedia (EXPE), Comcast (CMCSA), Warner Music (WMG), and Paramount Global. The event has been the springing board for major media announcements in the past.

All day -  The Mobile World Congress will take place out of Barcelona during the week. Telecom giants Verizon (VZ), Ericson (ERIC), T-Mobile (TMUS), and AT&T (T) will be watched closely as always, while tech giant Microsoft (NASDAQ:MSFT) has previewed that it will discuss its extended partnership with OpenAI. In addition, Synchronoss (SNCR) will showcase an AI-powered personal cloud platform at Mobile World Congress. Other companies that will make appearance include Analog Devices (ADI), CEVA (CEVA), Airgain (AIRG), EPAM Systems (EPAM), OnePlus, Xiaomi, RealMe, ZTE, and TruPhone.

All day -  Rent-A-Center (RCII) will switch its corporate name to Upbound Group and will trade under the ticker UPBD.

Tuesday - February 28


Earnings watch -  Notable companies due to report include Target (TGT), Bank of Montreal (BMO), AutoZone (AZO), J.M. Smucker (SJM), HP (HP), Coupang (CPNG), Ross Stores (ROST), and Rivian Automotive (NASDAQ:RIVN). Options trading implies a +20% swing up or down for AMC Entertainment (AMC) and Nerdy (NRDY) after their reports.

Healthcare watch -  FDA action dates will arrive for Reata Pharmaceuticals' (RETA) Omaveloxolone for patients With Friedreich's Ataxia, and for Cytokinetics (CYTK) with Omecamtiv mecarbil. The advisory committee voted against approval in December.

All day -  Banco Santander (SAN) will hold an Analyst Day event.

8:00 a.m. Goldman Sachs (GS) will host an Investor Day in New York City with presentations from CEO David Solomon and the senior leadership team.

8:00 a.m. Perrigo Company plc (PRGO) will host its Virtual Investor Day.

8:00 a.m. Chevron Corporation (NYSE:CVX) will hold its annual investor day. CEO Mike Wirth and other top execs are scheduled to provide an update.

11:30 a.m. Luminar (LAZR) will host Luminar Day at its headquarters for investors, consumers, customers and suppliers. At the event, Luminar will unveil its long-term product and technology roadmap for existing and new OEM customers. Shares of Luminar have rallied after similar events in the past.

12:00 p.m. Shutterstock (SSTK) will host an Investor Day event.

5:00 p.m. Hormel (HRL) will hold a webcast to go over recasted historical information in light of the new GoFWD operating model.

Wednesday - March 1


Earnings watch -  Notable companies due to report Lowe's (LOW), Nio (NIO), Dollar Tree (DLTR), Kohl's (KSS), Royal Bank of Canada (RBC), Saleforce (CRM), Splunk (SPLK), and Snowflake (SNOW). Watch for potential fireworks with Tupperware Brands (TUP). Options trading is implying a swing of more than 20% for TUP and the stock plummeted more than 40% immediately after its last earnings report.

All day -  Data reports expected in include updates on discount broker DARTs, Macau gross gaming revenue, and deliveries reports for Chinese automakers Li Auto (LI), Nio (NIO), and XPeng (XPEV).

All day -  Barstool founder Dave Portnoy has promised to make a big announcement. It is possible the announcement could have some relevance for Penn Entertainment (PENN) shareholders if it involves the Barstool business.

All day - Tesla (NASDAQ:TSLA) will holds its highly-anticipated Investor Day event, with analysts buzzing over what Elon Musk and gang will highlight. The automaker's "generation 3 platform" is anticipated to lead to cheaper electric vehicles in the future, although it is unclear if a new mass-market model will be unveiled. A tease from the electric vehicle maker about capital allocation news has some investors focused on more details on a stock buyback plan.

Thursday - March 2


Earnings watch -  Notable companies due to report include Kroger (KR), Anheuser-Busch InBev (BUD), Best Buy (BBY), Macy's (M), Six Flags Entertainment (SIX), Costco (COST), Broadcom (AVGO), and Dell (DELL). Options trading implies a double-digit swing up or down when C3.ai (AI) reports.

9:00 a.m. Frontdoor (FTDR) will follow up its earnings report with an Investor Day event. Execs will provide an in-depth discussion of the companyâs vision, strategy, and innovative new service offerings.

Friday - March 3


Earnings watch -  Notable companies due to report include Hibbett (HIBB).

All day - The tender offers expires on Sun Pharma's deal for Concert Pharmaceuticals (CNCE).

All day - Ford Motor (F) could be in the spotlight if it issues yet another negative update on the F-150 Lightning production halt. Production at Ford's Rouge Electric Vehicle Center in Dearborn, Michigan was expected to be stopped until at least the end of the week.