Catalyst Watch: Alibaba earnings, AI anxiety, airline M&A, and a Burry teaser
2025-11-22 04:00
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 - November 24
- Volatility watch - Oklo (OKLO) and Strategy (MSTR) 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 Exact Sciences (EXAS), Blue Acquisition (BACC), and Magnitude International (MAGH). The most oversold stocks per their 14-day Relative Strength Index include Perrigo (PRGO), Greystone Housing Impact Investors (GHI), and Janus International (JBI). Sonnet BioTherapeutics (SONN) and Mobileye (MBLY) head into the week with a higher level of short interest outstanding than in the past.
- Dividend watch - Companies that have an ex-dividend date coming next week include Hyatt (H), Johnson & Johnson (JNJ), T-Mobile US (TMUS), and eBay (EBAY).
- Earnings watch - Notable companies due to report include Agilent Technologies (A), Zoom Communications (ZM), and Symbotic (SYM).
- All day - The TD Cowen Treatment Advancements in Obesity & Related Disorders Summit will take place. Participating companies include MBX Biosciences (MBX) and Aardvark Therapeutics (AARD).
- 8:00 a.m. Canadian National Railway (CNI) CFO Ghislain Houle will address the Desjardins Toronto Conference.
- 9:00 a.m. The changes from the MSCI Quarterly Index Review will take place. The largest additions to the MSCI World Index include CoreWeave (CRWV), Nebius Group (NBIS), and Insmed (INSM).
Tuesday - November 25
- Earnings watch - Notable companies due to report include Alibaba (BABA), Analog Devices (ADI), Dell Technologies (DELL), Best Buy (BBY), Autodesk (ADSK), Workday (WDAY), Zscaler (ZS), HP (HPQ), Dick's Sporting Goods (DKS), J.M. Smucker (SJM), and NIO (NIO). Options trading implies a double-digit move for Kohl's (KSS) and Abercrombie & Fitch (ANF) after they report.
- All day - Michael Burry has teased about a disclosure or release of some sort occurring during the day. There is speculation it could concern new warnings from the famed "The Big Short investor" about the U.S. stock market, particularly regarding the artificial intelligence boom and accounting practices of major tech firms such as Nvidia (NVDA), Oracle (ORCL), Meta (META), and Palantir (PLTR).
- All day - Mesa Air's (MESA) merger with Republic Airways (RJET) is expected to close. The combination will create one of the largest U.S. regional airline companies.
- All day - Shareholders of Hanesbrands (HBI) will vote on the proposed merger with Gildan Activewear (GIL).
- All day - The Nevada Gaming Control Board is expected to release gaming revenue numbers for October. Analysts will be watching the Las Vegas Strip numbers closely amid tourism concerns.
- 8:00 a.m. Best Buy (BBY) will hold its earnings conference call and give its outlook for the holiday quarter. Suppliers Netgear (NTGR), Turtle Beach (TBCH), and Sonos (SONO) all generate more than 10% of their revenue from Best Buy and have a high correlation to it on earnings day.
- 8:30 a.m. The delayed October Retail Sales report is expected to be released by the U.S. Census Bureau.
- 4:30 p.m. Dell Technologies (DELL) will hold a highly anticipated earnings conference call. Options trading implies a 10% swing for shares following the earnings release. Intel (INTC) will be on watch, since it has traded in the same direction as Dell after its last eight earnings reports.
- 4:30 p.m. Nasdaq will release its latest update on short interest positions.
Wednesday - November 26
- Earnings watch - Notable companies due to report include Deere (DE) and Li Auto (LI).
- All day - Starbucks (SBUX) and Costa Coffee (KO) are two of the notable companies participating in the European Coffee Symposium in Berlin, which is considered the most influential coffee industry conference on the continent.
- 8:00 a.m. Adobe will release season-to-date holiday sales data just ahead of the key Black Friday to Cyber Monday period.
- 8:00 a.m. The delayed October Durable Goods Orders will be released.
- 2:00 p.m. The Federal Reserve will release its Beige Book Report. The report will summarize current economic conditions across the Fed's districts.
Thursday - November 27
- All day - The U.S. stock market will be closed for observance of the Thanksgiving holiday.
- All day - Daimler Truck (OTCPK:DTRUY) will be one of the companies presenting at the Jefferies Paris Industrials Day event.
Friday - November 28
- Oil watch - The energy sector will be in the spotlight ahead of the OPEC+ alliance's major meeting scheduled for November 30, where both the full OPEC+ group and an eight-member subgroup will reassess oil production strategy amid evolving market conditions. OPEC+ is expected to review and potentially re-establish quotas for each member country with a focus on maintaining internal group cohesion, monitoring conformity, and reassessing the compensation mechanisms for any past overproduction.
- All day - The U.S. stock market will close at 1:00 p.m.
- All day - It is the FDA action date for Otsuka's (OTCPK:OTSKY) sibeprenlimab.
- 5:00 p.m. Salesforce will release sales data on Black Friday shopping.
Seeking Alpha Editor Josh Fineman contributed to this article.
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