Big Tech stocks Amazon , Apple and Alphabet reported earnings Thursday night. Investors watched for specific data points and commentary for insights into how to best position themselves. Taking the three together, Gene Munster, managing partner at Deepwater Asset Management, said the companies had poor quarterly performances but didn't do as bad as some were fearing. "Ultimately, I think that this was a dodged bullet," Munster said on CNBC's " Fast Money .
Amazon Nathan said the stock's run should end given its earnings miss and signals of deceleration. The company beat revenue expectations for the quarter , according to Refinitiv, but reported its slowest year of growth in its time as a public company. Amazon also gave light guidance. Finerman said the guidance for Amazon Web Services also wasn't great. Revenue from Amazon Web Services missed expectations, while advertising revenue was higher than expected.