The fourth quarter earnings season is in full swing, with results from tech giants like Alphabet, Amazon, AMD, Qualcomm, and Palantir taking the spotlight this week. So far, 33% of S&P 500 companies have reported their fourth quarter results, with an estimated 11.9% increase in earnings per share. Analysts are optimistic, expecting the 10th consecutive quarter of annual earnings growth and the fifth consecutive quarter of double-digit growth for the index. Big Tech results are setting the tone for the rest of the earnings season, as investors keep an eye on key themes like artificial intelligence and economic policies.

Novo Nordisk stock is down after a downbeat sales forecast, while Enphase Energy and Supermicro both see stock jumps after beating analysts’ estimates. Uber, on the other hand, faces a stock drop after missing Q4 estimates and issuing disappointing guidance. Eli Lilly sees a stock jump after forecasting 2026 profit above estimates. Match Group also shines with an upbeat revenue forecast, while Amgen, AMD, Chipotle, and Mondelez face different challenges and outcomes in their earnings reports. Galaxy Digital suffers a huge loss after the crypto crash, while Teradyne’s stock soars on upbeat quarterly results. PayPal, Pfizer, and NXP also have mixed results in their earnings reports. Palantir’s CEO remains confident in the company’s unique position, as the stock surges on strong Q4 earnings. More earnings reports and analysis are expected in the coming days.

Read more at Yahoo Finance: Supermicro, Eli Lilly stocks pop on upbeat forecasts, AMD and Uber slide