Catalyst Watch: Netflix, Taiwan Semi, Amazon, and HashiCorp are in the spotlight

Welcome to Seeking Alpha’s Catalyst Watch – a breakdown of some of next week’s actionable events that stand out. Check out Seeking Alpha’s earnings calendar for a full list of companies due to report.

Monday – July 15

• Volatility watch – Options trading volume is elevated on Cipher Mining (CIFR) and SoundHound AI (SOUN). The most overbought stocks per their 14-day relative strength index include Zapp Electric Vehicles Group (ZAPP), Tesla (TSLA), and Power Solutions (OTCPK:PSIX). The most oversold stocks per their 14-day Relative Strength Index include Helen of Troy (HELE), HilleVax (HLVX), and Indivior (INDV). Short interest has moved higher on Blue Star Foods (BSFC), Volcon (VLCN), and Guess? (GES).
• All week – The Communist Party of China will hold its Third Plenum policy meeting. The biggest impact for investors is expected updates on policies and reforms in the real estate property sector.
• Earnings watch – Notable companies due to report include Goldman Sachs (GS) and Blackrock (BLK).
• All day – Broadcom (AVGO) will begin trading on a split-adjusted basis after the company’s 10-for-1 stock split.
• All day – HashiCorp (HCP) shareholders will vote on the pending merger with IBM (IBM). Shares of HashiCorp traded about 4.2% below the deal price at the time of publication amid concerns over the regulatory process.
• All day – Notable investor events include Bristol-Myers Squibb (BMY) participating at the UBS’ Virtual Targeted Protein Degradation Day and Revolution Medicines’ (RVMD) business update on its RMC-6236 therapy.
• 10:00 a.m. Federal Reserve Chairman Jerome Powell will participate in an interview hosted by the Economic Club of Washington.
• 12:00 p.m. Robinhood Markets (HOOD) CEO Vlad Tenev will speak at the Fortune Live Media Conference in Park City, Utah.
• 3:35 p.m. San Francisco Federal Reserve Bank President Mary Daly will participate in a session called “The Bull, the Bear, and the Banker” before the Fortune Brainstorm Tech 2024.
• 4:00 p.m. The USDA will issue its crop condition report. Traders have the report circled as potentially more significant than normal for corn (C_1:COM), soybean (S_1:COM), and wheat (W_1:COM) futures.

Tuesday – July 16

• Earnings watch – Notable companies due to report include UnitedHealth (UNH), Bank of America (BAC), Progressive (PGR), Morgan Stanley (MS), PNC Financial (PNC), and JB Hunt Transport (JBHT).
• All day – Notable investor events include Charles Schwab’s (SCHW) business update call, Rio Tinto’s (RIO) Q2 operations review, Scotts Miracle-Gro’s (SMG) Investor Day, and an extraordinary shareholder meeting for Alcoa Corporation (AA).
• All day – Amazon Prime (AMZN) will hold its two-day Prime Day event. Target (TGT), Kohl’s (KSS), Nordstrom (JWN), Best Buy (BBY), and Walmart (WMT) all have shopping events either just before or overlapping with Prime Day.
• 8:30 a.m. The June Retail Sales report will be released.
• 9:50 a.m. Zoox CEO Aicha Evans will speak at the Fortune Live Media conference about how the Amazon (AMZN) autonomous vehicle subsidiary plans to make a robotaxi concept a practical reality.
• 2:45 p.m. Lucid Group (LCID) CEO Peter Rawlinson will speak at the Fortune Live Media Conference in Park City, Utah.

Wednesday – July 17

• Earnings watch – Notable companies due to report include Johnson & Johnson (JNJ), U.S. Bancorp (USB), Kinder Morgan (KMI), United Airlines (UAL), and Ally Financial (ALLY). Options trading implies a swing of 7% after ASML’s (ASML) earnings report drops.
• All day – The Mirage hotel casino will close in Las Vegas to end the run of one of the Strip’s most iconic properties. MGM Resorts International (MGM) and Caesars Entertainment (CZR) could benefit from higher room rates in the near term due to the combined reduction in total room supply on the Las Vegas Strip from the Tropicana and Mirage closings.
• All day – WTI crude June futures will expire. Crude oil futures have seen extra volatility over the last year on contract expiration dates.
• 11:00 a.m. JPMorgan (JPM) CEO Jamie Dimon will share his perspectives on the economy, interest rates, global politics, and other topics at an event for wealth management customers.
• 2:00 p.m. The Federal Reserve will release its Beige Book report.

Thursday – July 18

• Earnings watch – Notable companies due to report include Netflix (NFLX), Abbott Laboratories (ABT), Blackstone (BX), Domino’s Pizza (DPZ), and Taiwan Semiconductor Manufacturing (TSM).
• 7:45 a.m. The European Central Bank will release a policy statement. The ECB is expected to hold rates level, but the policy and press conference will be watched closely.
• All day – Hospital and healthcare clinic operator Ardent Health Partners (ARDT) and insurance services provider Twfg (TWFG) are expected to start trading after pricing their IPOs.
• 8:30 a.m. The ten-day Indonesia International Auto Show will begin. VinFast Auto (VFS) and BYD Company (OTCPK:BYDDF) are two of the notable Asian automakers that will be participating.
• 12:45 p.m. Dallas Federal Reserve Bank President Lorie Logan, San Francisco Federal Reserve Bank President Mary Daly and Federal Reserve Board Governor Michelle Bowman will all participate in the “Exploring Conventional Bank Funding Regimes in an Unconventional World” conference.

Friday – July 19

• Earnings watch – Notable companies due to report include American Express (AXP), Halliburton (HAL), and Travelers (TRV).
• All day – Shareholders of Hibbett (HIBB) will vote on the acquisition offer from JD Sports Fashion (OTCPK:JDSPY). Hibbett traded 1% below the takeover offer price at the time of publication.
• All day – It is the one-year anniversary of the Oddity Tech (ODD) IPO. The consumer tech stock traded at $42.33 at the time of publication, vs. the IPO pricing level of $35.00 and post-IPO high of $56.00.
• All day – The Federal Reserve and OCC will hold a joint hearing on the Discover Financial (DFS)-Capital One (COF) deal.
• All day – It is the last business day before the blackout period for FOMC participants ahead of the July 30-31 meeting. New York Federal Reserve Bank President John Williams and Atlanta Federal Reserve Bank President Raphael Bostic are both scheduled to make public appearances.
• All day – Biotech firm Lirum Therapeutics (LRTX) is expected to start trading after the company prices its IPO.

Seeking Alpha Editor Josh Fineman contributed to this story.