You've been listening to CNBC's Tech Check. You can always catch us live weekdays at 11 a.m.

I'm Carl Kingtonia with Deirdrebosa and John Ford. Today, Ken Stocks continue, this bare market

bounce. All the major averages coming off their first positive week in the last four.

We're going to talk about where to search for some opportunity in tech. Plus, as crypto firms

searched for bailouts,

one company now doubling its valuation.

Is this the time to get in at the bottom

or just another example of fraud in the market?

And then Snowflakes, Frank Sluppin, is with us.

The company, a prime example of a growth stock

that has come way off the highs.

And Frank, definitely, John, tells it like it is regarding the business and the outlook.

He does tend to.

And, you know, we're just a couple of days away from the end of the quarter, end of the half.

And I'm feeling a little queasy, right?

Because we got our ankles broken.

A lot of investors at the end of the first quarter, you might remember, you know,

stocks were rallying into April and people like, oh, maybe this is over. And now, you know, the second quarter was absolute chaos and really rough for a lot of people in the morning. It's not a little rally at the end. You got people again saying, well, maybe this is over. Well, maybe. Maybe not, though, Dee. Well, definition of a bare market rally, right? If you listen to people who come on our air, like Dan Niles, he has often warned of this, and this could be another one of those. I guess, Carl, as we head into the second half of the year, has anything fundamentally changed? I know that we've had weakness and commodity prices, and some Wall Street analysts are arguing that maybe the stock market has done the job of the Fed,

that this pessimism has now been baked in and spending has been pulled back,

that a recession that we may get or are in, as some believe, will do the job of bringing down inflation.

Yep.

It's definitely more downgrades to global growth forecasts.

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