WWE NXT Results: Winners, Grades, Reaction and Highlights from March 4

WWE has been losing the weekly ratings battle against All Elite Wrestling with NXT, but this week's show had the kind of stacked lineup that could swing things back toward Vince McMahon's company.

Two Steel Cage matches were the main attractions as The Velveteen Dream took on Roderick Strong and Tegan Nox took on Dakota Kai.

The show also featured Oney Lorcan and Danny Burch taking on The Undisputed Era's Kyle O'Reilly and Bobby Fish.

The next TakeOver special takes place April 4 in Tampa, Florida, so beginning the buildup for that event was another top priority.

Let's take a look at everything that happened on Wednesday's episode of NXT.

This week's NXT started off strong with the Steel Cage match between former best friends Dakota Kai and Tegan Nox. Raquel Gonzalez accompanied the former to the ring but had to remain outside the cage.

The crowd chanted for both women as they traded words before throwing the first punches. They took each other down as they brawled for control with a series of strikes.

The pace slowed a little when the New Zealand native took control and began punishing The Girl with the Shiniest Wizard. Nox had a brief comeback before Kai whipped her into the cage as the show cut to a break.

When it returned, the tide had changed, and it was the Welsh Superstar who was throwing her opponent into the cage over and over.

The woman known as Lady Kane hit a chokeslam from the top rope that sent Kai crashing to the mat. It was even more impressive when she leaped off the cage to take her rival down with a crossbody.

Kai ended up getting the win when Gonzalez pinned Nox between the cage and the door so her friend could escape.

Grade: A

Analysis

One thing NXT has done well since debuting on USA in September is featuring non-title feuds. Kai vs. Nox is another example of management giving a storyline the attention it deserves with a major stipulation.

This feud has been fun to watch, especially for those who have followed the wrestlers' friendship in NXT. Their match at TakeOver: Portland was great, and this was a worthy follow-up.

The pace was a bit slow during the first half, but they picked things up after the commercial. The crowd was invested and vocal the entire time. Gonzalez played her part well at ringside without distracting from the action in the ring.

Everything about this was done well, and the ending will likely lead to another showdown in the future. Nox will not let this stand.

Shotzi Blackheart rode into the NXT arena in her mini tank for her bout against Chelsea Green. The winner would earn a spot in a match at TakeOver: Tampa.

Robert Stone introduced his client and hung out at ringside to watch as she and Blackheart started hot with a fast pace.

Unfortunately, a few slow spots and miscommunications hurt the flow. Green scored the win relatively quickly with her version of the Unprettier.

Grade: C

Analysis

Green is great at oozing confidence and has grown into her new character quickly, while Blackheart continues to gain new fans with every appearance.

This match could have been better and probably suffered a bit from being rushed. Green and Blackheart could have taken things a little slower, and it may have looked smoother.

These are two tag teams made up of proficient strikers, so it shouldn't surprise anyone to hear this match quickly turned into an exchange of punches, kicks, elbows and knees.

After the break, Bobby Fish and Oney Lorcan were still trading strikes. A missed senton from Fish led to Danny Burch getting the hot tag. He turned the match in his team's favor with a few brutal uppercuts.

They traded control back and forth without either team keeping the upper hand for too long. It led to a competitive bout that seemed like it could go either way at any time.

Lorcan was in control when Fish and Kyle O'Reilly hit their finisher out of nowhere to score the win. They gave a promo after the match and challenged Pete Dunne and Matt Riddle to a rematch for the tag titles.

The champs came out to respond, but The Grizzled Young Veterans attacked them.

Grade: B

Analysis

These two teams work very well together. Their styles mesh perfectly, and all four men bring something a little different to the table.

Most wrestling matches rely on holds, suplexes and slams. This one was all about hitting each other as hard as possible. It was a fun change from the usual technical stuff we see a lot of in NXT. Lorcan was especially good here.

Isaiah "Swerve" Scott and Austin Theory had an exchange outside the arena that led to this match, but it looked like both men came into this with a level of respect for each other.

As expected with two Superstars like this, they started at a fast pace and never seemed to slow down. Swerve controlled a lot of the action before and after the break.

Theory kept himself in the fight, but he was unable to put Scott away with one of his signature moves.

After raking the eyes of his opponent, though, Theory picked up the win with the ATL.

Grade: B-

Analysis

Both of these men are working their way up the ladder in NXT, and having solid performances like this one will help them get ahead.

Theory is still a newcomer, but the NXT Universe has already embraced him. As usual, Scott was precise with everything he did. Only one or two small spots stood out as being mistimed.

This could be a decent feud if WWE wants to make it last more than one match. The pair had good chemistry, and it should only get better with more time.

Johnny Gargano gave an interview with Mauro Ranallo before the main event Steel Cage match between Roderick Strong and The Velveteen Dream.

They wasted no time going after each other as soon as they were both inside the cage. Strong showed up in street clothes to show he meant business.

Marina Shafir ran down to give her husband a kendo stick, and Strong used it to hit a modified backbreaker. As he tried to escape, Dream pulled his rival's pants down.

Roddy took Dream down from the top of the cage with an Olympic slam but failed to get the pin. After two Dream Valley Drivers, Velveteen had to fend off the rest of The Undisputed Era.

In a shocking turn of events, Dream shoved Strong out of the cage and locked himself inside with Adam Cole. Roddy was the winner, but his opponent got what he wanted in the end.

Grade: B+

Analysis

This feud has been going since Strong defeated Dream for the North American Championship on the September 18 episode of NXT, but Dream's injury kept him out of the ring for a few months.

Since they reignited their rivalry, The Master of the Backbreaker has been on the warpath. This feud has been good for both men, and Wednesday's match gave them the main event spotlight they deserved.

Having Dream feud with the entire UE is a good way to keep everyone busy while other people fight over the tag team and North American titles.

Dream appears to be the next challenger for the NXT Championship. He and Cole should have a great showdown eventually.