Weak Q1 outlook and soft AWS revenues are pressuring Amazon shares. barrons.com/articles/amazo $amzn
Eric Savitz
@savitz
Back to Barron’s to cover tech, investing and the Valley. Previous: Roku, Brunswick Group, Forbes, Barron’s x2, Smart Money, The Industry Standard. Go Phils!
Palo Alto, CaliforniaJoined September 2007
Eric Savitz’s Tweets
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Holy Moly. $FB got religion on listening to shareholders. They are cutting costs. They are buying back stock. They are doing generative AI apps. They are playing nicely with others. The stock is up 19% after hours, on a game-changing Q4 earnings report.
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Coming up Tuesday at 9 Pacific/12 Eastern: A Barron's Live interview on the outlook for technology shares with hedge fund manager . Please join us.
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President Joe Biden and First Lady Jill Biden are set to add the menorah to the permanent White House collection at a Hanukkah reception Monday evening, which will mark the first time a Jewish artifact is added to the White House archives.
npr.org/2022/12/19/114
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What's next for internet stocks? I'll be discussing that question on Tech Trader on Barron's Live on Tuesday at 9 a.m. Pacific with , internet stock analyst for . We'll talk about , , e-commerce, online travel and more.
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Trouble looms for Apple. The analyst Ming-Chi Kuo says iPhone 14 Pro and 14 Pro Max shipments in the December quarter will be 15–20 million units less than expected. $aapl #iphone
link.medium.com/DEi3F4n2lvb
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I think nails this, which to me seems obvious. At some point we seem destined to hit crypto zero.
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#Theranos founder Elizabeth Holmes was sentenced to 11 years and 3 months. Wow.
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Meta shares are down almost 20% AH after the company posted disappointing Q3 earnings - and announced a stunning ratchet up in spending. The Street is aghast. The earnings call did nothing to improve sentiment. Confidence in Zuck is eroding. It's a mess.
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Trouble in Redmond: Weak PC demand shouldn't be a big surprise, but moderating growth in the Azure cloud business is an unpleasant surprise. shares getting hit in late trading. $MSFT
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Please join me on Tuesday October 18th at 9 a.m. Pacific for a Tech Trader on Barron's Live interview with fund manager Paul Meeks, as we look ahead to what promises to be a critical earnings season for technology shares.
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Remember in 2020 when supposedly the tech industry was going to flee Silicon Valley because business conditions here were so bad? Yeah, well, it never really happened. barrons.com/articles/tech- #siliconvalley
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Please join me Tuesday at 9 Pacific/12 Eastern for a special edition of Tech Trader on Barron's Live with , co-founder of AOL and author of The Rise of The Rest, a new book on entrepreneurship beyond the Valley.
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Power back up!
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Looks like another outage in midtown Palo Alto. According to their outage map, it could last all day.
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Today on Tech Trader on Barron's Live: a chat about the outlook for technology shares with fund manager Brook Dane. Join me at noon Eastern as we discuss chips, software, China and other topics.
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According to Bing, Google is down. downdetector.com/status/google/
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Are Zaslav, Chapek, Roberts, Redstone and Murdoch Prepared to Take Evasive Action?
$WBD $DIS $CMCSA $PARA $FOXA
lightshedtmt.com/2022/08/03/are
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Everyone on the Street absolutely hates shares right now, as it continues to lose market share to . But maybe the bears are miscalculating. barrons.com/articles/intel? $intc
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Looking forward to my Barron's Live chat Tuesday morning at 9 Pacific with about tech earnings season, and what comes next. Please join us for what should be a timely and insightful conversation.
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So sad to see this terrible fire at one of my favorite places on Earth. (Or at least in Philly.) Here's hoping that Jim's can come back from this tough moment. The world needs more cheesesteaks.
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We had a bad day. Our staff, these folks, and many others kept everyone safe. We thank them and you all.
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This week in Barron's, I make the case for Amazon. $amzn
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Soft demand for PCs and handsets—in particular in China—are muting memory chip sales.
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Reminder: Please join me Thursday for Barron's Investing In Tech. The roster includes , CFO , CFO , CFO , EVP Christopher Young, founder and more! events.barrons.com/tech?promo=VIP
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This Thursday: The Barron's Investing In Tech summit, with CEO , 's , CFO , CFO , CFO , EVP Christopher Young, founder and more. Join us! events.barrons.com/tech/home
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