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Apple and Facebook earnings preview

The iPhone maker Apple and the social media giant Facebook is scheduled to announce their latest quarterly earnings on Wednesday.

Apple and Facebook earnings preview

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%.

HASH

$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.

johnson

$MSFT key technical levels to watch today:

Support: $290 and $275

Resistance: $310 and $330

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