Apple Inc. and Microsoft Corporation, which released their quarterly earnings data last week have set a positive tone for the upcoming week, which will see other tech stalwarts release their own numbers. What Happened Wedbush analyst Dan Ives said in a recent note that tech stocks “way oversold on Fed fears.” The analyst noted a wide array of negative issues like the expected interest rate hikes from the Federal Reserve and the Russia-Ukraine geopolitical tensions. He said these have created a “perfect storm sell off” in tech stocks over the last month. Ives said that while “multiples will compress,” the “underlying growth for the tech space is being underestimated by the Street (as seen so far during a strong tech earnings season) and will thus neutralize some of these perceived Fed tightening Headwinds.” Why It Matters Apple announced quarterly earnings per share of $2.10 on Friday, beating a Street estimate of $1.88. …