Oliver Gray 

Investing.com – moved slightly higher during Tuesday’s evening trade, after major benchmark averages closed sharply lower as investors remained cautious on the prospects of economic growth while monitoring Q1 corporate earnings reports.

At 6:35pm ET (11:35 GMT), 0.2% had been lifted, 0.1% was gained and 0.2% added.

Alphabet Inc. (NASDAQ:), a reporting company, fell 2.2% after an earnings disappointment. Earnings were $24.62 per share, compared to $25.91 anticipated and revenue of $68.01 million versus $68.11 expected.

Microsoft Corporation (NASDAQ 🙂 surged 5.9% after-hours trading following that exceeded expectations. EPS came in at $2.22 compared with $2.19 anticipated, and revenues were $49.36 billion versus the $49.05 billion predicted.

Visa Inc The stock rose 4.5% following beating the bottom and top lines. Earnings of $1.79 per shares were better than consensus estimates of $1.65. Revenues came in at $7.2 million, surpassing expectations of $6.83billion. Visa anticipates continued growth in travel after the recovery.

Enphase Energy Inc Extended trading rose 5.5% for (NASDAQ) after Enphase reported its quarterly results. Enphase posted earnings of 79c per share, which was higher than the expectations of 67c per share.

Meanwhile, Robinhood Markets Inc (NASDAQ) fell 3.1% after hours trades as the company stated it was cutting its staff according to CEO Vlad Tenev’s blog.

Meta Platforms Inc., Facebook’s parent (NASDAQ) also fell 2.2% following its earnings report Wednesday. Apple Inc. (NASDAQ) and Amazon.com Inc. are scheduled to report Thursday. Boeing Co (NYSE:), PayPal Holdings Inc On Wednesday, earnings will also be reported by Ford Motor Company (NYSE) and (NASDAQ:).

During Tuesday’s regular trade, the shed 809.28 points, or 2.4%, to 33,240.18, the lost 2.8% to 4,175.20 and the tech-heavy dropped 3.95% and to close at a 52-week low of 12,490.74.

Tesla Inc. (NASDAQ:) fell 12.2% during its regular session, making it the largest laggard in the Nasdaq Composite. Also, the shares came under threat as Elon Musk (its CEO) tried to make his deal. Twitter Inc (44) billion. NVIDIA Corporation lost 5.6% and Advanced Micro Devices Inc (NASDAQ 🙂 fell 6.1%, respectively, chip stocks.

With the benchmark rate at 2.728%, financial institutions struggled due to falling U.S. Treasury yields. JPMorgan Chase & Co (NYSE:) dipped 3%, Citizens Financial Group Inc (NYSE) suffered a 4.1% loss, Bank of America Corp (NYSE) was down 2.3% Morgan Stanley (NYSE) – 3.2% drop