Is Amazon falling behind rivals in its cloud business?

Chuck Zodda and Mike Armstrong recap the market sell-off and are joined by CNBC's Michael Santoli to run through his takeaways and insight from the busiest week of the year. Plus, why did Amazon's stock take such a big hit following its earnings report? Apple saw its devices sales jump due to consumers wanting to get ahead of potential price increases. And, Paul LaMonica of Barron's discusses recent IPO Figma.