Yahoo Finance·2026-01-26 13:35Core Insights - The fourth quarter earnings season is highlighted by major tech companies such as Microsoft, Meta, Tesla, and Apple, which are expected to significantly influence market trends [1] - A consensus among analysts indicates an estimated 8.2% increase in earnings per share for the S&P 500 in the fourth quarter, marking the potential for the 10th consecutive quarter of annual earnings growth [2] - Analysts had initially projected an 8.3% increase in earnings per share, a decrease from the previous quarter's 13.6% growth rate, with recent adjustments reflecting increased optimism, particularly for tech firms [3] Group 1: Earnings Reports - The earnings season will feature reports from a diverse range of companies, including notable names like UnitedHealth, Boeing, General Motors, IBM, Starbucks, and several others across various sectors [5] - The performance of Big Tech is expected to set the tone for the earnings season, which will also test the improved stock market breadth observed at the beginning of 2026 [4] Group 2: Market Themes - Key themes influencing the market include advancements in artificial intelligence, the economic policies from the Trump administration, and the dynamics of a K-shaped consumer economy, which will continue to be relevant for investors [4]