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Week Ahead March 1 2021
An article by • Published Mar 1, 2021

Week Ahead: March 1st 2021

Retail companies are in focus this week as Target (ticker: $TGT) and Costco (ticker: $COST) are expected to announce their earnings results this week. Emergency approval of Johnson & Johnson (ticker: $JNJ) single shot vaccine late last week is expected to dominate headlines early this week.

IPO Watch - Oscar Health
Oscar Health, a New York based online-focused health insurance provider is expected to go public this week on NYSE with ticker "OSCR". Oscar was co-founded by Joshua Kushner of Thrive Capital and Mario Schlosser (currently the CEO of the company) in 2012. The company
announced
it is planning to raise about $1 billion at approximately $7 billion of market cap. A group of well-known investors - Tiger Global Management, Dragoneer Investment Group and Coatue Management LLC "
have indicated an interest in purchasing up to an aggregate of $125 million each (up to $375 million in the aggregate) in shares of our Class A common stock in this offering at the initial public offering price
" subject to a lock-up agreement.

Data Watch - Chinese EV Delivery
Chinese Electric Vehicle manufactures Li Auto (ticker: $LI), NIO (ticker: $NIO) and Xpenv (ticker: $XPEV) are expected to announce delivery data for February 2021 early this week. You can track delivery updates from these companies as they are available in the Press Releases widget on Unhedged's
EV & Autonomous View
.

Investor Events To Watch Out For:
•
March 1 - Logitech International (ticker: $LOGI) Investor Day
•
March 2 - Mark Papermaster, CTO of Advanced Micro Devices (ticker: $AMD) presents at Morgan Stanley TMT Conference
•
March 3 - ExxonMobil (ticker: $XOM) 2021 Investor Day
•
March 4 - Jason Kilar, CEO of WarnerMedia, an AT&T (ticker: $T) subsidiary, presents at Morgan Stanley TMT Conference

Key Earnings Announcements:
•
March 1 - NIO (ticker: $NIO), 3D Systems (ticker: $DDD), Zoom Video Communications (ticker: $ZM)
•
March 2 - Target (ticker: $TGT), Sea Ltd (ticker: $SE), Kohl's (ticker: $KSS), fuboTV (ticker: $FUBO)
•
March 3 - Dollar Tree (ticker: $DLTR), Snowflake (ticker: $SNOW), Okta (ticker: $OKTA)
•
March 4 - Costco (ticker: $COST), Kroger Co (ticker: $KR), Gap (ticker: $GPS)
•
March 5 - GSX Techedu (ticker: $GSX)

Major Economic Events:
•
March 3 - ADP Employment Report for February 2021
•
March 5 - U.S. Nonfarm Payroll data for February 2021 from Bureau of Labor Statistics