I'm Julia Borsden, and you're listening to CNBC's Tech Tech.

Our show is live weekdays at 11am Eastern. Listen in.

Good Friday morning. Welcome to Tech Check. I'm Carl Cantanilla with Julia Borsden.

Nile Patel, editor-in-chief at the verge joins us for the hour. We're grateful to Nile.

Meantime, NASDAQ has gone green to David's earlier point, up about 50 points as we are coming off the lows of the day,

coming off the worst day since September as the valuation reset continues to play out.

Plus, B of A, bullish on Amazon, Uber, and Match, how they're thinking about the impact of inflation and rates on high multiple stocks.

And Rivian, down after posting its first results as a public company, we're going to break

down the expectations for these profit-free companies across tech.

But we will start with some of the fear in the market.

As you know, tech has been hit pretty hard.

NASDAQ was down sharply lower but higher now.

Neely, I do wonder if you think there was an attempt at a short squeeze and whether or not

we can, whether the conditions

are right for that to succeed going into year end. First, I thought you were going to compliment me

on my tie. I wore a tie just for you as a guest says, Carl. I thought I got to look good next to

Carl. You know, honestly, I think with tech right now, we're in that strange holiday period for a lot of

the big tech companies.

Their announcements are made. Their narratives are over for the year. They're just hoping people

buy the products so they can have good results at the beginning of next year. And I feel like I see

this at the end of every year. And we always look for some explanation that isn't that.

It's kind of always that.

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