I'm Carl Kintanilla. You're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern. Listen in.

Happy Thursday. Welcome to Tech Check. I'm John Fort with Julia Borsden. Deidre and Carl are off.

Today, Amazon buying into the doctor's visit, Amazon bidding $4 billion for one medical as it pushes further into health care.

Shares are on pace for the

best month since the pandemic. And later, we're talking Tesla. Stocks up despite declining margins

as the company dumps most of its Bitcoin holdings. Speaking of crypto, the CEO of finance,

an exclusive this hour coming up, Julia.

But we'll kick off today's feed with Amazon's big bet on health care this morning.

The company announcing plans to acquire one medical for $18 a share in all-cash deal

valuing the primary health care provider at almost $4 billion.

Shares of parent company One Life Healthcare are skyrocketing on the news up more than 65%.

The deal expands Amazon's growing presence in health care, adding depth to the company's offerings like

its online pharmacy, which launched after its acquisition of Pillpack and its telehealth service,

Amazon Care. But most notably, yet another example of a company putting dry

powder to work as tech valuation slump. Now if this deal is approved, it would be Amazon's

third biggest acquisition, trailing only its purchases of Whole Foods and MGM. And all this

news coming of course as Amazon seen big gains recently now on pace for its best month in over two years.

Dom two joins us now with a breakdown. Dom? It's also a cash deal and not a stock one, so maybe not as

much of that reaction in the stock price today. And by the way, in just the last few moments,

we've seen Amazon actually take higher into green. You can see they're up about one quarter of

1%. But this is a stock in

Amazon that has seen, to Julia's point here, a nice run up off the lows. Just kind of over the last

...