AUR - Catalyst watch: AI talk from Salesforce and AMD Shell event and Oracle earnings

2023-06-09 15:00:43 ET

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 - June 12

• Volatility watch - Short interest has moved even higher on Beyond Meat ( BYND ) and Upstart Holdings ( UPST ) setting up the two stocks for outsized moves. Options trading volume is elevated on Peloton Interactive ( PTON ) and Sientra ( SIEN ).
• Earnings watch - Notable companies due to report include Oracle ( ORCL ).
• All day - Pegasystems ( PEGA ) will hold an investor session at its PegaWorld iNspire event.
• All day - New Street Research will hold its inaugural Future of Transportation Conference with presentations and meetings with Nvidia ( NVDA ), Uber Technologies ( UBER ), Infineon Technologies ( OTCQX:IFNNY ), Mobileye Global ( MBLY ), Wolfspeed ( WOLF ), Aurora ( AUR ), and Aeva Technologies ( AEVA ). Conference-shy Tesla ( TSLA ) is also sending IR reps to the event.
• All day - The FTC regulatory review on the Seagen ( SGEN )-Pfizer ( PFE ) merger will expire. The FTC also has two closed door meetings that could lead to some M&A news.
• Data reports - The closely-watched Manheim Used Vehicle Value Index for May will be released. Used auto prices cooled slightly in April.
• All day - Salesforce ( CRM ) will hold an AI Day event. CEO/Co-Founder Marc Benioff and other AI visionaries will discuss the future of trusted enterprise AI and present live demos.
• 8:00 a.m. Intellia Therapeutics ( NTLA ) will conduct an investor webcast to review data from the ongoing phase 1/2 study of NTLA-2002. Shares of NTLA have rallied in the past off positive NTLA-2002 developments.

For further details see: