I'm Julia Borsden, and you're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern, listen in.

Good Friday morning. Welcome to Tech Check. I'm Carl Keintanier with John Ford and Dear DeBosa. Today, signs of hope or a head fake. Nasdaq seen its first positive session in six as investors digest this jobs number, what it means

heading into the fall later on this hour. Plus a terrible week for growth names across cloud,

cybersecurity, as you know. We'll check in with the CEOs behind Sentinel 1, PagerDuty, and Smart

Sheets, three names that have been caught up in the volatility about their outlook for tech

throughout the hour. Dee, pretty interesting here is we're up 275. Yeah, and we're going to kick off today's feed with that widely watched jobs number. You guys have been talking about it all morning markets. They are heading higher on that data. So I'm calling it a Goldilocks report, guys. Really the key takeaway for many has been that labor participation rate, which could signal easing inflation eventually.

So that's a good thing. And as we look at Treasury yields, the Treasury yields, excuse me,

the 10 year around 3.2, that's obviously good for some of the names we've been talking about

all week that have been feeling this pain. That is unprofitable tech, even profitable tech.

We saw the CLOU, that cloud ETF down yesterday.

Bit of a recovery today, not enough, only less than 1%.

But, John, it'll be good to hear from some more CEOs

because they're giving us a picture now,

even when the results are better than some of the others,

still talking about those lengthening sales cycle.

Yeah, but some of the names we're talking to today are in that unprofitable tech, but I don't so much care whether these are profitable or not yet because they're high growth, right?

And they've got targets for when they're going to be profitable. We'll be talking to PagerDuty specifically about that smart sheet tightening some things to increase their margins.

But this is an interesting dynamic we're seeing in software right now where things that are

absolutely essential.

Security, for example, Sentinel 1, protecting against downside, those are still growing. DevOps, still growing pretty

nicely. PagerDuty in that category, things, tools that developers need. Productivity, not necessarily

as much, right? Like, if you're going for additional revenue, it seems like customers might be

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