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| | Welcome to Wall Street Breakfast, our preview of stock market events for investors to watch during the upcoming week. You can also catch this article a day early by subscribing to the Stocks to Watch account for Saturday morning delivery. Outlook  The political showdown over the government debt ceiling is likely to ramp up next week. While U.S. government shutdowns or debt ceiling battles in the past have had no consistent impact on the S&P 500 Index itself, certain stocks are sensitive to the heightened focus on government spending and underperformed during debt limit showdowns. With that in mind, the list of companies deriving more than 95% of their income from government contracts includes Huntington Ingalls Industries (NYSE:HII), Mercury Systems (NASDAQ:MRCY), Lockheed Martin (NYSE:LMT), Oak Street Health (NYSE:OSH), Northrop Grumman (NYSE:NOC), Science Applications International Corp. (NYSE:SAIC), Booz Allen Hamilton Holding (NYSE:BAH) and CACI International (NYSE:CACI). Outside of the DC drama, economic reports of note due out include updates on durable orders, consumer confidence, pending home sales, GDP and construction spending. Corporate events to watch include a key earnings report from Micron (NASDAQ:MU), a hardware event for Amazon (NASDAQ:AMZN) and a timely investor conference for TotalEnergies (NYSE:TTE). | | Earnings Earnings spotlight: Monday, September 27th: Jefferies (NYSE:JEF) and Aurora Cannabis (NASDAQ:ACB).
Earnings spotlight: Tuesday, September 28th: United Natural Foods (NYSE:UNFI), IHS Markit (IHS) and Micron (MU).
Earnings spotlight: Wednesday, September 29th: Jabil (NYSE:JBL) and Cintas (NASDAQ:CTAS).
Earnings spotlight: Thursday, September 30th: CarMax (NYSE:KMX), Bed Bath & Beyond (NASDAQ:BBBY), McCormick (NYSE:MKC) and New Oriental Education & Technology (NYSE:EDU). | | Sponsored By VantagePoint  Until midnight tonight, Vantagepoint AI experts are giving 200 people like you FREE access to their exclusive live demonstration of the A.I. that's helped retail traders across the globe maximize their gains. Not only does machine learning help you optimize your portfolio for the best opportunities, it also forecasts trend shifts up to 72 hours in advance so you can pull out of bad trades in time. No more panic selling, guessing games, and going off intuition…artificial intelligence is the revolutionary technology that was built for accurate predictive forecasting. Click here to gain free access and reserve your spot before it's too late. | | IPOs IPO watch: IPOs expected to start trading during the week include Allvue Systems ( ALVU) on September 29 and Olaplex ( OLPX) on September 30. Warby Parker ( WRBY) is scheduled to starts trading via a direct listing on September 30. The analyst quiet period ends on DoubleDown Interactive (NASDAQ: DDI) on September 27 to free up analysts to post ratings. | | M&A M&A tidbits: Shareholders vote on the GP Strategies Corporation (NYSE: GPX)-Learning Technologies Group, Cimarex Energy (NYSE: XEC)-Cabot Oil & Gas (NYSE: COG) and Zoom Video Communications (NASDAQ: ZM)-Five9 (NASDAQ: FIVN) deals. The Five9 deal is at risk due to a Department of Justice probe. | | Dividends Dividend watch: Companies forecast to boost their dividend payout include Starbucks S(BUX) to $0.50 from $0.45, American Express (NYSE:AXP) to $0.46 from $0.43, Honeywell (NASDAQ:HON) to $0.98 from $0.93, General Mills (NYSE:GIS) to $0.53 from $0.51 and Bank OZK (NASDAQ:OZK) to $0.29 from $0.285. | | Analysis Electric stuff: Lucid Group (NASDAQ: LCID) may stay in focus with investors watching the electric vehicle sector this week with the company holding a production preview events at its Advanced Manufacturing Plant (AMP-1) factory in Casa Grande. Invited guests will be able to observe the production processes for the Lucid Air and take a deep dive into Lucid's advanced EV technology with leading engineers. It will also be another busy week for electric truck developments with Sequoia-backed Embark Trucks continuing with its autonomous demonstrations, self-driving tech company Aurora (NASDAQ: RTPY) set to host analysts in Dallas on September 28 and TuSimple (NASDAQ: TSP) demonstrating its next-gen vehicle in Tuscon, Arizona on September 30. | | Events Corporate events: Facebook (NASDAQ:FB) holds it annual Gaming Developer Day. Bank of America thinks the event could be a share price catalyst with potential updates from the social media giant on gaming platform innovations and products anticipated. Other big investor events during the week include strategy updates from TotalEnergies (TTE), Hain Celestial (NASDAQ:HAIN) and Keurig Dr Pepper (NASDAQ:KDP). See Seeking Alpha's Catalyst Watch for a complete list of events that may spark share price moves.
Conference schedule: Recode's Code Conference is one of the bigger tech conferences of the year. The list of notable speakers for this year's event includes Salesforce's (NYSE:CRM) Marc Benioff, WarnerMedia (NYSE:T) CEO Jason Kilar, Waymo (NASDAQ:GOOG) Co-CEO Tekedra Mawakana, Microsoft (NASDAQ:MSFT) CEO Satya Nadella, Netflix (NASDAQ:NFLX) Chief Content Officer Ted Sarandos and AMD (NASDAQ:AMD) CEO Lisa Su. Tesla and SpaceX (SPACE) Chief (NASDAQ:TSLA) Elon Musk is also due to give a talk, although the timing is not known at the time of publication. Other conferences of note the week ahead include the Cantor Virtual Global Healthcare Conference, the BTIG Inaugural Cannabis Conference, the Bank of America Future Car Conference and The MedTech Conference.
Notable annual meetings: Annual meetings of note include Smith & Wesson Brands (NASDAQ:SWBI) and General Mills (GIS) on September 28, as well as XpresSpa Group (NASDAQ:XSPA) on September 30 and Elastic N.V. (NYSE:ESTC) on October 1. | | Stocks Barron's mentions: The cover story breaks down ways for investors to play the dawning of the golden era of medicine. Explosive change in the ability to diagnose, treat, and even cure many debilitating diseases are expected to lead to big gains in the pharma sector. Acceleron Pharma (NASDAQ:XLRN), Ascendis Pharma (NASDAQ:ASND), Alnylam Pharmaceuticals (NASDAQ:ALNY), Editas Medicine (NASDAQ:EDIT), BioCryst Pharmaceuticals (NASDAQ:BCRX), Eli Lilly (NYSE:LLY) and Argenx (NASDAQ:ARGX) are some of the companies with notable callouts. There are also favorable writeups on Scotts Miracle-Gro (NYSE:SMG) and Li-Cycle Holdings (NYSE:LICY) breaking down the upside potential for both stocks.
Sources: EDGAR, Bloomberg, CNBC, Reuters, Renaissance Capital | | | | | Seeking Alpha's Wall Street Breakfast Podcast Seeking Alpha's Wall Street Breakfast podcast brings you all the news you need to know for your market day. Released by 8:00 AM ET each morning, it is a quick listen that you can put on as you get ready to start your working day. | | | | |
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