Sector
McDonald’s (MCD) reported stronger-than-expected fourth-quarter results, with global comparable sales accelerating and U.S. traffic rebounding as value promotions and menu innovation helped drive sector leadership.
Earnings
Zillow Group (ZG) shares fell sharply on Wednesday after the company warned that elevated legal expenses will weigh on 2026 earnings, despite 18% fourth-quarter revenue growth and expanding rentals and mortgage segments.
Earnings
Datadog shares surged after a fourth-quarter earnings beat and upside revenue guidance, as investors responded to signs of reaccelerating cloud demand and improving usage trends despite mixed margin expectations.
Business Trends
Charles Schwab shares edged higher as investors responded to the firm’s clear rejection of gamified trading, steady client growth, rising dividends, and signals of continued retail engagement despite a competitive fintech landscape.
Earnings
Fortinet reported better-than-expected fourth-quarter earnings and revenue, but shares slipped as investors weighed guidance and broader volatility across technology and cybersecurity stocks.
Earnings
Amazon delivered solid fourth-quarter results led by accelerating AWS growth, but the market reaction turned negative as investors focused on the scale and implications of the company’s $200 billion capital spending plan.
Earnings
Arm (ARM) reversed higher Thursday after an initial post-earnings drop, while Qualcomm (QCOM) slid on a cautious outlook tied to memory supply constraints—keeping AI infrastructure strength and handset uncertainty at the center of the chip narrative.
Sector
Alphabet’s earnings beat was overshadowed by a sharp increase in planned AI spending, driving renewed rotation within Big Tech as investors reassessed where capital intensity and returns now diverge.
Earnings
Chipotle (CMG) shares stabilized after an initial post-earnings drop, as investors balanced better-than-expected results against declining same-store sales and a cautious outlook for 2026.
Earnings
Shares of Eli Lilly surged while Novo Nordisk fell sharply and Amgen advanced after earnings, highlighting how guidance and demand visibility—not just results—are shaping investor reaction across obesity and biotech stocks.
Price Action
Advanced Micro Devices (AMD) reported better-than-expected fourth-quarter results and issued upside guidance for the current quarter, yet the stock sold off sharply. The reaction highlighted a disconnect between earnings strength and price behavior as investors reassessed near-term conviction.
Sector
Microsoft (MSFT) and Nvidia (NVDA) moved lower as investors rotated away from technology stocks, reflecting growing caution around software valuations, AI competition risks, and the durability of recent earnings momentum across the sector.