Catalyst Watch: Eyes on Jackson Hole, Walmart report, Google event, and Foot Locker-Dick's vote

Volatility and Earnings Reports: Investors should watch for volatility in stocks like Opendoor Technologies and Tilray, and key earnings reports are expected from companies such as Palo Alto Networks and Home Depot throughout the week.

Special Events and Corporate Actions: Lucid Group will hold a shareholder vote on a reverse stock split and other companies like Costco are launching significant new developments, including a new store and Disney's new ESPN streaming service.

Economic Indicators and Fed Announcements: The week includes important economic indicators like global PMIs and the release of Federal Reserve meeting minutes, along with key speeches from Fed officials at the Jackson Hole Symposium.

Technology Conferences: Notable conferences will take place, such as the EnerCom Denver Energy Investment Conference and the Needham Virtual Semiconductor & Semicap Conference, showcasing advancements and major firms in their respective industries.

Catalyst Watch: Key Events Shaping the Week Ahead

Explore our analysis of significant events anticipated in the upcoming week that could influence stock prices.

Monday - August 18

• Volatility Alerts: Investors should monitor Opendoor Technologies (OPEN) and Tilray (TLRY), expected to experience considerable trading volatility based on options volume. Among the most overbought stocks, as indicated by their 14-day relative strength index, are Celcuity (CELC), Rigel Pharma (RIGL), and Indivior (INDV). Conversely, Spirit Aviation (FLYY), Vtex (VTEX), and Monday.com (MNDY) are identified as the most oversold stocks.

• Earnings Reports: Key companies reporting earnings this day include Palo Alto Networks (PANW) and Fabrinet (FN).

• IPOs: The quiet period for NIQ Global Intelligence (NIQ) concludes, allowing analysts to release their ratings.

• Dividends: Notable firms with upcoming ex-dividend dates are Wynn Resorts (WYNN), Applied Materials (AMAT), and Microsoft (MSFT).

• Special Events: Lucid Group (LCID) is set to conduct a special shareholder vote to approve a proposed 1-for-10 reverse stock split. At 11 a.m., Sitio Royalties (STR) shareholders will vote on the sale to Viper Energy (VNOM).

Tuesday - August 19

• Earnings Reports: Noteworthy companies for earnings unveilings include Home Depot (HD) and XPeng (XPEV). Options trading suggests a significant movement for Viking Holdings (VIK) post-earnings release.

• Conferences: The EnerCom Denver Energy Investment Conference will feature prominent firms such as EOG Resources (EOG), Sandridge Energy (SD), and Oklo (OKLO). Additionally, the Rosenblatt Age of AI Technology Summit will take place, showcasing advancements in AI technology with participants like Nvidia (NVDA), Applied Optoelectronics (AAOI), Fabrinet (FN), and Rambus (RMBS).

Wednesday - August 20

• Earnings Reports: Companies set to report earnings include Target (TGT), Lowe's (LOW), Baidu (BIDU), TJX Companies (TJX), Estee Lauder (EL), and Analog Devices (ADI).

• Conferences: The Needham Virtual Semiconductor & Semicap Conference will see participation from Ultra Clean Holdings (UCTT), Navitas Semiconductor (NVTS), and Tower Semiconductor (TSEM).

• Key Events: At 1:00 p.m., Google (NASDAQ:GOOG) will host a Pixel event in New York City, streamed live on YouTube. Announcements are expected for the Pixel 10 lineup, Pixel Watch 4, Pixel Buds 2a, and innovations featuring the new Tensor G5 chip.

At 2:00 p.m., the Federal Reserve will release minutes from its latest meeting, followed by remarks from Atlanta Federal Reserve Bank President Raphael Bostic regarding the economic outlook at the Fintech South 2025 event.

Thursday - August 21

• Earnings Reports: Important earnings reports will come from Walmart (NYSE:WMT), Intuit (INTU), Workday (WDAY), and Ross Stores (ROST).

• Monetary Policy Symposium: The Federal Reserve's Jackson Hole Symposium will attract attention, themed "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy."

• Corporate Developments: Costco (COST) is launching a new store in Las Vegas, marking its sixth location in the Valley and the first since 2018. Additionally, it is the FDA's action date for Ionis Pharmaceuticals' (IONS) Donidalorsen for hereditary angioedema.

• Streaming Launch: Disney's ESPN will introduce a direct-to-consumer streaming service priced at $29.99 per month, providing access to ESPN's networks and 47,000 live events annually.

• Economic Indicators: Global flash PMIs for August will be released, offering insight into the state of the global economy amidst recent U.S. tariffs.

• Shareholder Meetings: At 10:00 a.m., Foot Locker (NYSE:FL) will hold an extraordinary meeting for shareholders to vote on a merger with Dick's Sporting Goods (NYSE:DKS). Additionally, a trial is set to begin regarding the Federal Trade Commission's move to block GTCR's acquisition of Surmodics (SRDX).

Friday - August 22

• Earnings Reports: BJ's Wholesale (BJ) and RLX Technology (RLX) are among the companies reporting earnings.

• Key Addresses: Federal Reserve Chairman Jerome Powell is scheduled to deliver a highly anticipated speech at Jackson Hole, focusing on the economic outlook and the Fed's policy strategy while avoiding pressure from the White House concerning interest rate policy.

• Presentations: Bandwidth (BAND) will participate in the Piper Sandler Voice AI Day event.

This week promises various significant events that could influence market dynamics and investor sentiment as trading volumes and earnings reports take center stage. Editor Josh Fineman provided contributions to this overview.