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

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Good Friday morning. Welcome to Tech Check. I'm Deirdreboza with John Ford. Carl has the morning off.

Today, stocks try to rally, but the Nasdaq still in the red. Headlines out of Europe continue to move stocks. We have a look at what sectors in tech may

actually be recovering first. Plus, the more things change, the more they stay the same.

Rivian and DocuSign, both blaming the pandemic for poor performance while trying to convince

investors the hardest days are behind them. And then fears of Chinese de-listings

continue to spook traders, the future for some huge stocks within the Chinese internet sector, John.

Yeah, but Dee, we're going to start with the markets. The NASDAQ sure has been whips on this

week. But was that the case for every little piece of tech? Dom Chu is looking under the surface at a few moves worth noting. Hey, Dom? Well, what's interesting is that when it comes to the NASDAQ composite and specifically the NASDAQ 100, there are a number of different types of technology companies that are in there, and not just ones that are domiciled here. We'll get to more of that Chinese trade in just a moment. But take a look at the Invesco QQQ trust because what we have is a fractional loss on the day, but this right

kind of move that we've seen over the course of the last couple of months here, the reason why it's

important here is because this general level that we're at right now represents just about

where the NASDAQ 100 and maybe markets more in general, we're at the day before the first day of Russia's invasion of Ukraine.

So as you talk about the kind of gyrations that we've seen over the course of the last couple of weeks here, on balance,

we have seen a move back basically to where we were on that Wednesday close right before, on the 23rd,

right before the invasion on the first day of the 24th.

So that's something to watch for the NASDAQ trade overall.

With regard to the sectors on the move, if we focus specifically on technology and communication

services, the ones that kind of make up a bulk of the NASDAQ trade overall, on a basis

versus the overall market, they have been underperforming over the last week, theDAQ trade overall. On a basis of versus the overall market, they have

been underperforming over the last week. The S&P overall is down about 1.3%. Communication services

down over 1.5% and technology down 2%. And that tech trade is certainly a key focus. As for the

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