Earnings preview: What to expect from Alphabet $GOOGL and Microsoft $MSFT results
GOOGL stock is down 15% year to date, MSFT stock is down 16% for 2022.earnings move into overdrive with as mentioned 170 of the S&P 500 companies up for earnings releases. But more importantly,. The stock market has been nervous and range-bound for the past month as it got to terms with the Ukraine situation and soaring inflation. Yields have moved inexorably higher which has put added pressure on tech stocks.Google is to report after the close. Revenue is expected to reach $67.
. $270 is therefore huge support. Strong earnings should push MSFT up to $300 and above. The 200-day moving average at $305 will also provide some resistance. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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