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Traders weigh Amazon, Alphabet and Twitter earnings

The "Fast Money" traders debated how to play a slew of quarterly results from major technology companies including Amazon, Alphabet and Twitter.

Trader Guy Adami said he was slightly disappointed by what Amazon reported on Thursday. He said, however, that consumers are still likely to do their holiday shopping on Amazon.

Trader Brian Kelly said that Google parent Alphabet, which reported results that easily topped estimates, is still reasonably valued compared to the rest of the market. Trader Dan Nathan agreed and said it's a stock that has growth at a reasonable price.

Trader Tim Seymour said he was surprised Twitter shares didn't climb higher on Thursday. The company's forward guidance was actually rather upbeat, which he said is atypical for Twitter. Trader Guy Adami agreed and said that this past quarter might have been a turning point for the company.


Disclosures:

TIM SEYMOUR

Tim Seymour is long ABX, APC, AVP, BAC, BBRY, CLF, CVX, DO, DVYE, EDC, EWZ, F, FB, FCX, FXI, GM, GOOGL, GE, INTC, LQD,MCD, MUR, OIH, PG, RACE, RAI, RH, RL, SINA, T, TWTR, VALE, VZ, XOM and short: SPY, XRT. His firm is long ABX, BABA, BIDU, CBD, CLF, EWZ, F, KO, MCD, MPEL, NKE, PEP, PF, TCEHY, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, X, YHOO, short EWG, HYG, IWM.

BRIAN KELLY

Brian Kelly is long Bitcoin, long USO, SLV and Silver Futures, US Dollar UUP. He is short the euro and Japanese yen.

DAN NATHAN

Dan Nathan is long TWTR, long XHB Jan put spread, long XLU Dec call spread, long XLK Jan put spread, long XRT Jan put spread, long PG Dec put spread, long EEM Nov put spread.

GUY ADAMI

Guy Adami is long CELG, EXAS, GDX, INTC. Adami's wife, Linda Snow, works at Merck.