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 Tuesday morning. Welcome to Tech Check. I'm Carl Kintania with your DeBosso and John Fort, who's once again in D.C. today. How you might want to play Microsoft and Alphabet ahead of earnings. We're going to take a look at recent cost cuts across tech, plus how the ad slowdown is now impacting the sector.

Then where does meta's quest end?

More on the company's metaverse spending and the next catalyst for that name.

We're going to talk to one investor who is adding to his position.

And then finally, PayPal, want you to use Venmo when checking out on Amazon. That story is coming up later this hour, D. We're going to start, though, with Microsoft and Alphabet. The first of the three hyperscalers reporting tonight, we will get Amazon on Thursday, of course. Now, when the numbers cross, one focus will be on how demand for the cloud is holding up and what that says about the broader state of enterprise software spend, an area that

has been one of the strongest and most resilient parts of tech this year. We've been talking a ton

about it. Late yesterday, though, Amazon confirming reports that it's freezing hiring in parts of

its AWS, that's its cloud division. An AWS spokesperson, however, tells me there are still

thousands of job openings and other parts of cloud

investors have already baked in a deceleration in cloud growth this year. So, guys, will this

week's numbers be worse than fear? This would have implications, major implications for the companies

and for the broader markets. In terms of what's expected, guys, nearly 43% growth

for Microsoft Azure, 34% growth for Google Cloud,

32% from Amazon Web Services.

This is the number one player, AWF, that is,

though it's coming from a much larger base.

John, these are strong numbers expected to stay

in these double digits in the 30s and 40s, is it going to live

up to that?

Yeah, it's not the calendar Q3 numbers, the ones that they're actually reporting that I'm most

curious about D. It's what the expectation is for Q4 and beyond, right? We've been talking a lot

with companies, including Snowflakes, C3AI, about consumption-based

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