Earnings live: Cleveland-Cliffs stock slides after revenue miss, Monday.com stock tanks

Group 1 - The S&P 500 is projected to achieve a 13% increase in earnings per share for the fourth quarter, marking the 10th consecutive quarter of annual earnings growth and the fifth consecutive quarter of double-digit growth [1] - Prior to the reporting period, analysts had anticipated an 8.3% increase in earnings per share, which was a decrease from the third quarter's 13.6% growth rate [3] - Recent increases in earnings expectations have been particularly notable for technology companies, which have been significant contributors to earnings growth in recent quarters [3] Group 2 - Major capital expenditures by Big Tech are influencing the AI trade, alongside ongoing themes such as the Trump administration's tariff and economic policies and a K-shaped consumer economy [4] - Upcoming earnings reports will include results from companies such as Coca-Cola, Spotify, Robinhood, Lyft, Ford, Rivian, Moderna, Airbnb, and Coinbase [4]