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

Good Wednesday morning. Welcome to Tech Check. I'm Carl Kintania with John Fort and Dear Drubosa.

Today, Salesforce sinks plus Brett Taylor gets another new job. Then we did the good and we did the bad.

Why our first guest this hour says some stocks are now in for the

ugly. Later on, two huge names in the cloud, exclusives with the new CEO of AWS and Microsoft's

head of Azure, D.

We will start with Salesforce. Lower this morning, thanks to weak guidance. We also got some

big news out of the C-suite. Brett Taylor being promoted to co-CEO

just one day after being named chairman of the board of Twitter. This is the second time Mark

Benioff has tried sharing executive responsibilities after Keith Block left the company last year.

All of this coming is cloud names have taken a recent step back. Check out the Global X cloud

computing ETF down more than 10% over the past month. CRM actually down more than that, about 12%

over the same timeframe. Guys, a big move, and this is interesting, not totally surprising,

but putting Brett Taylor as co-CEO puts another technologist at the head of a company, which we

also saw earlier this week with Jack Dorsey at Twitter.

And, you know, of course, John, here in San Francisco, Salesforce is this sales and marketing sort of beast.

You've got Dreamforce.

And there's been some criticism that perhaps it wasn't as good on innovation, choosing M&A activity over that.

So perhaps Taylor helps on that product development side attract more engineering talent.

Well, I think beneath the covers, that's a tough case to make, given all that Salesforce has

accomplished over the last decade plus, Benioff really sort of leading the way in the SaaS

revolution, similar to how

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