I'm Carl Kintanilla. 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 Kintenea with John Ford and Gear Groposa.

What an hour we have ahead. The CEOs of Intel, Snap and Roku, all join us in the next 60 minutes.

Plus, Apple's red again, warning of this $8 billion blindside

due to supply constraints. Amazon, $4 billion loss, bleak guidance, and the slowest growth

since the dot-com bubble burst. That stock's down double digits. It's on pace for its worst

day in over a decade, now down nearly 30 percent since Andy Jassy took the reins about a year ago.

Rising costs a big part of the pain for Amazon. The company says inflation, overinvestment

in warehouses, extra staffing costs them $6 billion in Q1. Jassy says we're no longer chasing

physical or staffing capacity. Our teams are squarely focused on improving productivity

and cost efficiencies throughout our fulfillment network. He added, this may take some time.

John, we're going to watch this closely. A lot of chatter today about whether or not Q4 will be the

first profitable retail quarter and whether or not layoffs are the next chapter.

Well, this is particularly fascinating, Carl, Andy, given this is kind of Andy Jassy's first big retail e-commerce

decision moment, I'll say, because as Amazon discussed on the call, the capacity buildouts in logistics that were in place a year ago

that turned out to be too much, those were a long time coming. Those have been put in place

before Jassy himself took the CEO role. And now he's got to adjust with now the backdrop D

of Amazon saying that they want to be the best employer

on the planet and this union drive ramping up. So somehow they've got to pursue efficiency

while not feeding into the narrative that's fueling the union drive because if they do that,

they'll reduce their longer term flexibility with the workforce. This is quite a pickle.

Quite a pickle, quite a challenge. But if you think that Amazon is going to be best positioned,

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