Tech giants including Apple AAPL, Amazon AMZN and Microsoft MSFT are among the companies headlining a busy earnings week that comes as investors weigh concerns over rising interest rates, the Russian invasion of Ukraine and surging costs. Facebook parent Meta Platforms FB, Google owner Alphabet GOOG GOOGL and Twitter TWTR have earnings on tap next week. So far, about 20% of S&P 500 companies have reported earnings for the recently ended quarter, according to FactSet. Earnings are on track to rise 6.6% year-over-year for the quarter, based on actual results and estimates for companies that have yet to report, FactSet said. Revenue for the recent period is poised to rise 11.1% year-over-year, FactSet said.

Source: Wall Street Journal April 23, 2022 16:29 UTC