Markets fluctuated on Friday even though Amazon (AMZN - Get Report) , Microsoft  (MSFT - Get Report)  and Intel (INTC - Get Report) each reported strong earnings.

(Amazon and Microsoft are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells the stocks? Learn more now.)

Here are three top takes from the columnists of Real Money and Real Money Pro, our premium sites for Wall Street professionals and active investors:

Jim Cramer: This Time It's the Data Center, Not PCs

"We are back to the 1990s with Wintel, except this time it is the data center, not the personal computer," writes TheStreet's Jim Cramer. "That's the true takeaway of last night's conference calls from the big dogs, Microsoft (MSFT - Get Report) , Intel (INTC - Get Report) and Amazon (AMZN - Get Report)  ."  

Amazon Is 'The Death Star': Market Recon

"The Engine That Could. Beast Mode. Amazon. The river and the rain forest are both mighty. Maybe just as mighty ... is the firm, still known as Amazon.com, Inc.  (AMZN - Get Report) . That firm is also known on Wall Street quite simply as 'The Death Star' for it's ability to simply crush the competition," observes Real Money columnist Stephen Guilfoyle.  

3 Small Tech Names I'm Watching

Real Money Pro columnist Bret Jensen says that "now that the majors within the NASDAQ have reported good results, I think that should help the markets fundamentals as the FANG stocks have been an important barometer of investors psyches. It also means I can continue to monitor some smaller tech names."

See Jensen's smaller tech picks, here.

Join Jim Cramer May 5 for TheStreet's Boot Camp for Investors

Meet Jim Cramer and more than a dozen top market experts on Saturday, May 5, in New York for How to Diversify Your Portfolio: A Boot Camp for Investors.
 
Highlights includes:
  • An exclusive market update from Jim.
  • A keynote interview between Jim and PayPal CEO Dan Schulman.
  • Break-out panels with top market experts like Tony Dwyer, chief market strategist at Canaccord Genuity; Mike Hanson, senior vice president of research at Fisher Investments; and Peter Hug, global trading director with Kitco Metals.
  • Roundtable discussions with TheStreet's Carley Garner, Stephen "Sarge" Guilfoyle, Bob Lang and other columnists.
All attendees will also receive a free one-year subscription to our newest premium Web site, Retirement Daily (a $99 value).
 

Where: The Convene Center, 117 W. 46th St., New York

When: Saturday, May 5, 8:55 a.m.-2:45 p.m.

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