Swatch & Tool Names don't appear when I pause/hover the cursor over them.
MacOs Monterey 12.0.1
Adobe Illustrator 26.2.1
When you hover over a swatch or tool & leave the cursor there for a second, the name of the swatch/tool always showed along with keyboard shortcuts for many of the tools.
I was searching the Pantone colors & two colors came up. Rather than just one quick step, I had to do several.
What should happen:
I hover the cursor over the colors for a second to see which was which. Then I pick the one I was looking for.
What happens now:
I hover the cursor over the colors & nothing shows up. I had to click on the swatch, then open the color window & see which one it is.
For someone who uses Illustrator most of the day every day for work, this is really annoying & messes up my workflow. I'm also trying to explore & get used to the new version of Illustrator. Little stuff like this creates soooooooo much frustration.

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Gregory, can you make a list of tools which don't have tooltips?
Does it change if you go to Preferences > General and disable Show Rich Tool Tips option? -
Gregory Voskin commented
I am having the very same issue. And what is most interesting is that some of the tool names do show up whilst hovering, but the majority do not. I have been plagued with this issue for quite some time though never had this problem with older versions. I use 2022 Illustrator Desktop on an M1 Mac. I would imagine if this was a hardware or software error, then nothing would show up when hovering, but to see some and not others makes no sense. I've tried all the setting fixes; relaunched; uninstalled and reinstalled... the same issue. I certainly want to get better with recognizing each tool and other options but this issue has given me a lot of grief and has slowed down my progress significantly.
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Liam, does not happen for me on Mac, I see all the tooltips on hover, with tools, swathes and Pantone swatches as well. I have to ask this – have you tried to to relaunch?