Crypto and Tech Earnings Impact S&P 500 Outlook, Feb 6

As of February 6, 59% of S&P 500 (^GSPC) companies have released fourth-quarter earnings, according to FactSet. Analysts estimate a 13% increase in earnings per share for Q4, on pace for the 10th consecutive quarter of annual earnings growth and the fifth consecutive quarter of double-digit gains. Expectations for Q4 EPS growth stand at 8.3%, down from 13.6% in the third quarter, reflecting higher forecasts, especially for technology firms. Key themes—AI investment, policy shifts under the Trump administration, and a K-shaped consumer economy—continue to shape market expectations. This week’s reports from Coca-Cola (KO), Spotify (SPOT), Robinhood (HOOD), Lyft (LYFT), Ford (F), Rivian (RIVN), Moderna (MRNA), Airbnb (ABNB), and Coinbase (COIN) will be closely watched.