I'm Deerreboza, and you're listening to CNBC's Tech Check.

Our show is live weekdays at 11 a.m. Welcome to Tech Check. I'm Carl Kintanio with John Ford and Dear

Drubosa. Today, cloud names have been taking tech higher, but are those valuations now overstretched?

A breakdown as tech aims for some more all-time highs.

Then Apple, walking this privacy tightrope, the latest details on why the company's new plans are fueling an old debate.

And a lot more on Robin Hood's Wild Ride.

The stock rallies again today to close out the week, John.

Yeah, and also ahead this hour interviews with the CEOs of Zinga, Dropbox,

and Confluent as all three report numbers for the quarter deep.

Well, John, we start with record closes for the S&P NASDAQ and S&P tech sector amid an earnings

frenzy. Yes, that continues. All of Fang is higher for the week, but it's cloud and software

names that have really roared recently, the CLOU cloud index, up 2% on the week.

And it's actually being led higher by the names that are the most expensive of the nine stocks that trade at 30 times forward sales, Datadog, and four other cloud names closed at all-time highs on Thursday. Now, this is partly

an earnings story. Datadog raising its full year guidance and beating estimates, other stocks that

have made sharp moves higher Adobe, as well as drop blocks and confluent. As John mentioned, both

of those CEOs are going to be joining us later this hour. Meanwhile, though, consumer names.

We've been talking a lot about those this week.

They have taken a hit as usage wanes across e-commerce, streaming, gaming.

Zenga is the latest, lowering its full year outlook as user activity fell amid a summer outdoors.

And that really mirrors what we have seen from Roku, Facebook, and Netflix.

Zenghisio will also join us in just a few minutes.

John, I was going to say, some of the cloud names, the enterprise cloud names that are also the most

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