Big Tech earnings are out. Five market analysts on what to make of the reports

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Facebook, Apple, Twitter, Amazon and Alphabet have reported earnings, and market analysts are maintaining their high expectations for the tech giants.

Market analysts were largely keeping their expectations for the tech giants high. Here's what five of them told CNBC about the reports:Joe Terranova, chief market strategist at Virtus Investment Partners, said he was most surprised by Facebook's strength, particularly after widespread"I think the surprise for Facebook … [was] the July boycott.

"Apple hasn't given guidance since the pandemic started, so, this is consistent with what they've done before. Second is the iPhone miss. We've talked about that it's because of the timing of iPhone 12, missing a couple weeks in the quarter, but we haven't really qualified what that impact is. And [CNBC's] Josh Lipton said something important in his interview with [Apple CEO] Tim Cook mentioning that the iPhone was growing in low single digits by mid-September.

"There's only so many users I think it can grow in a given quarter. It has … a more narrowly defined sort of user base and kind of a hierarchy of those users, right? So, I think the growth driver for Twitter going forward from my perspective was really monetization, not user growth.

"I think the fourth quarter is going to be incredibly challenging for Amazon, as the year has been, when you think about maximizing revenue and e-commerce to the extent that they're having challenges at their fulfillment centers as far as getting in products and out products as quickly as possible.

"Remember, Google has one of the biggest cash hoards ever. And so, we saw a little bit of buyback here. I think it was maybe about [$]8 billion. I'd like to see them do more, but this is really a validation. And remember, Google has much more exposure to the travel business, and obviously, travel business is not where you want to be right now, and so, I think that they're going to continue to see improvement. It should be higher. It's actually been surprisingly weak.

 

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Analysts are lying through there teeth... When you're researching stocks when you putting your orders to buy and sell or trying to do the ... You're on a computer which is considered Tech. The future of the world belongs to Tech

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FastMoney Analysts reports mean nothing on a day like today! If the OrangePlague loses it will stay like this. He is so sick that he broadcasts to his illiterate voters that he and his friends are manipulating the markets aka holding them hostage, and will continue to do so if he no win

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ewarren foaming at the bit...time for that juicy poison pill you censored the country for.

Stocks are lower. Pretty sure the average investor can see.

FastMoney Here are the numbers reported Apple $AAPL GAAP EPS of $0.73 beating by $0.03 Rev of $64.69B beating by $1.36B Facebook $FB GAAP EPS of $2.71 beating by $0.80 Rev of $21.47B beating by $1.67B Alphabet $GOOG GAAP EPS of $16.40 beating by $5.19 Rev of $46.17B beating by $3.33B

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