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 Kintania with John Fort. Deirdre's off today.

Got a big show this morning. The key question, what is the state of demand in the economy? Is IT spending slowing?

Doing just fine. We've got three enterprise software CEOs to give us some guidance. Snowflake, Z-scaler, and Autodesk. Two additional

data points on the optimistic side. Got good earnings from both Dell and Marvell today. Those stocks are

rallying. And on the research front, is it safe to buy now? UBS says yes.

Investors can start increasing exposure as the NASDAQ looks to break a seven-week losing streak.

But not everyone agrees.

City is still cautious.

They reiterate underweight, adding the bubble could continue to deflate, John.

And as for mixed signals on a day where workday's down 10, but Dell's up 11,

and Z-scalers up eight, it's not clear cut. Yeah, Carl, the question echoing through my head this morning

is, why not buy now? And that's not my way of, of course, telling anybody to buy or sell,

but I think the question is, given how far things have come down,

what do you have to believe about the macro picture, about the demand for technology, et cetera,

to think that these valuations are not attractive? So, you know, you know me, on the other hand,

right? I like to test out both arguments, and I think so much we've been talking about, you know, the bottom falling out of things. But eventually you reach a point with some of these growth stocks that have good technology where if you've got a time horizon that's measured in years, not in seconds, it actually makes sense to buy. So that's the question, Carl, that I want

to explore in this hour with the many great guests we've got. Yeah, I mean, as we said earlier in

the week, John, a lot of it's going to come down to your client mix. I mean, we've got the likes of

Elon Musk saying that bankruptcies need to happen, right? And we've talked a lot this week about

the slide deck at Sequoia,

the urge to start focusing on cash flow, recognizing this is going to be a difficult period,

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