Hobbs Catalyst Watch - Week of February 24th
- Mike
- Feb 22
- 2 min read
Here’s a list summary of key market events and earnings reports scheduled for the week of February 24, 2025. Note that some events and earnings dates are based on historical patterns and preliminary schedules, as exact times or confirmations may still be pending:
Monday, February 24:
10:00 AM EST: New Home Sales data for January – Provides insight into the housing market’s strength, which can influence construction stocks and broader economic sentiment.
Earnings Reports:
After Market Close: Zoom Video Communications (ZM), Unity Software (U), Workday (WDAY) – Tech-focused companies that could sway sentiment in the software and remote work sectors.
Tuesday, February 25:
10:00 AM EST: Conference Board Consumer Confidence Index for February – A key indicator of consumer spending trends, impacting retail and consumer goods stocks.
Earnings Reports:
Before Market Open: AutoZone (AZO), JM Smucker (SJM)
After Market Close: Rivian Automotive (RIVN), Beyond Meat (BYND), eBay (EBAY) – Electric vehicle, plant-based food, and e-commerce sectors could see volatility based on these results.
Wednesday, February 26:
8:30 AM EST: Gross Domestic Product (GDP) Second Estimate for Q4 2024 – A critical measure of economic growth that could influence expectations for Federal Reserve policy.
Earnings Reports:
Before Market Open: TJX Companies (TJX), Bath & Body Works (BBWI)
After Market Close: NVIDIA (NVDA), Salesforce (CRM), Snowflake (SNOW) – Major tech earnings, particularly NVIDIA’s AI and chip performance, could significantly move markets.
Thursday, February 27:
8:30 AM EST: Personal Consumption Expenditures (PCE) Price Index for January – The Fed’s preferred inflation gauge, potentially affecting interest rate expectations and bond yields.
8:30 AM EST: Continuing and Initial Jobless Claims – Labor market data that could signal economic health or weakness.
Earnings Reports:
Before Market Open: Best Buy (BBY), Toronto-Dominion Bank (TD)
After Market Close: Dell Technologies (DELL), Autodesk (ADSK), HP Inc. (HPQ) – Tech hardware and software results that may influence sector trends.
Friday, February 28:
9:45 AM EST: S&P Global Preliminary PMI data (Manufacturing and Services) for February – Indicators of economic activity that could affect industrial and service sector stocks.
10:00 AM EST: Pending Home Sales for January – Another housing market metric that might impact real estate and related industries.
Earnings Reports:
Before Market Open: Foot Locker (FL)
Additional Notes:
Throughout the week, Federal Reserve speakers may provide commentary (exact times TBD), potentially influencing market expectations around monetary policy.
These events and earnings could drive volatility in equities, bonds, and currencies, depending on how results align with analyst expectations and broader economic narratives.
This list highlights events and companies likely to affect markets based on their economic significance or market cap, though unexpected developments (e.g., geopolitical news) could also play a role.