The iPhone maker Apple and the social media giant Facebook is scheduled to announce their latest quarterly earnings on Wednesday. On Tuesday, the Alphabet (NASDAQ: GOOGL) shares climb to a fresh all-time in after-hours trading following the strong Q1 results. The company posted earnings-per-share of $26.29 and revenue of $55.31 billion. At the time of writing, the Alphabet stock trading 5% higher in the pre-market trading.
Apple (NASDAQ: AAPL) will release its second-quarter fiscal 2021 earnings on Wednesday, April 28, after market close. Wall Street expects Apple to earn $0.98 per share on revenue of $76.71 billion. During the last quarter, Apple revenue increased by 21% year-on-year to a new record of $111.44 billion and the iPhone sales jumped 17%.
$AAPL key technical levels to watch today:
Support: $125 and $115
Resistance: $138 and $145
Facebook (NASDAQ: FB) will announce its first-quarter 2021 financial results after market close on Wednesday, April 28. The company is expected to post quarterly earnings of $2.34 per share and revenues are expected to be $23.7 billion. The important areas of focus are advertising revenue growth and user growth and engagement. Facebook's stock price increased more than 75% over the last 12 months.
$MSFT key technical levels to watch today:
Support: $290 and $275
Resistance: $310 and $330
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