Closing Bell Overtime: Amazon and Apple Report Quarterly Results 10/27/22
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 27 October 2022
⏱️ 44 minutes
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| 0:00.0 | All right, sir, thank you very much and welcome everybody to overtime. |
| 0:03.4 | I'm Scott Watner, you just heard the bells. |
| 0:05.6 | We are just getting started here at Post Nine from the New York Stock Exchange and the |
| 0:09.3 | stakes could not be higher this hour. |
| 0:12.2 | That is our talk of the tape. |
| 0:13.5 | Apple and Amazon and Intel, all set to report earnings |
| 0:16.9 | with so much on the line. |
| 0:18.3 | Can they reverse the mega cap meltdown |
| 0:20.6 | started by Microsoft and Alphabet only to be made worse by Meta. |
| 0:25.0 | Have the chewed up chips bottomed. |
| 0:26.7 | We'll get to the answers all of those questions in just a matter of minutes. |
| 0:30.5 | Our team of experts standing by with everything you need to know as well. |
| 0:33.7 | Let's welcome in CMBC, contributors Stephanie Link of Hightower, big technologies Alex Kanchowitz and also |
| 0:39.6 | star tech analyst Dan Ives of Wedbush is here with us on set as we await these |
| 0:44.1 | earnings welcome everybody I said these are imminent especially for Amazon |
| 0:48.6 | Dan Ives you have called this the moment of truth for tech maybe more than ever or more than a long time |
| 0:54.9 | given the disappointments that we've gotten already. Yeah and so far it's |
| 0:58.0 | really been disappointing. I mean last night obviously an epic disaster in Meta and right now a lot of white knuckles going into the |
| 1:05.0 | apple and Amazon can they save earning season for tech in terms of big cap tech or |
| 1:10.0 | ultimately does the softness continue? |
| 1:13.3 | And that's why I view it as really a biification |
| 1:15.7 | that we're seeing in tech on enterprise and consumer. |
... |
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