Tech earnings are in focus this week, with Meta Platforms and Microsoft reporting today, followed by Apple and Amazon tomorrow. Apple’s stock fell after its last earnings release, but analysts expect a 3.7% increase in revenue for the June quarter and a 1.4% increase in earnings per share.

In Apple’s upcoming earnings call, investors will be watching for guidance on revenue and gross margins, updates on M&A strategy, the launch of Apple Intelligence features in China, and comments on the supply chain strategy amid tariffs in Vietnam and India. Analysts have started to see value in Apple’s stock, with some upgrades and target price increases.

Despite recent underperformance, Apple’s stock is seen as reasonably positive ahead of earnings, with strong iPhone sales in China. However, the company will need to convince markets of its premium valuations and navigate various headwinds in the macro, regulatory, and company-specific environments. The outlook for Apple remains uncertain as it faces challenges on multiple fronts.

Read more at Yahoo Finance: 4 Things to Watch When Apple Reports Earnings on July 31