4. 2 it has pulled back off that, a little bit, as you see there the nasdaq down for twostraight weeks. This takes us to the talk of the tape whether it has room to go. Chip investors stepping up and buying today, after the call on nv nvidia kristina is following that today. Its been a nice bounce. 6 , nice bounce the narrative is buy now thats what Morgan Stanley and bank of america is saying about nvidia shares. Theyre calling that an entry point for many, especially with earnings on next week. Nvidia is only serving half of the demand in the a. I. Market. Thats enough to rodrive revenu. They think q2 of 11 billion, which is 50 higher than what analysts is anticipating, is conservative nvidia should blow past its number that call is why youre seeing the stock up 6 . Not everything is perfect. That could cast off nearterm upside secondly, ali baba, and others are trying to rush the chip over fears that the Biden Administration will impose more export restrictions. Overall, you need to
Market is rallying while you were gone the market did nothing but correct. Its good to have you back i think its getting close in particular for technology semiconductors, obviously, with nvidia with the analyst note is getting a strong bounceback recovery ive heard from so many people that, yes, in fact, the rally can continue without the participation of mega caps and technologies unfortunately, statistically, thats not actually whats unfolded when you see names like microsoft down 5 monthtodate, appledown 7 monthtodate and semiconductors down just as much its good to have the return once again of semiconductors today. I certainly would not be selling expecting a more significant correction is there prudence in waiting what the earnings will be for nvidia i think so you have a position, you what its to hear whats going on weve done a lot of damage the last point on all of that is just think about where price was when you left relative to the 200day moving average price was 10. 9 abov
let s get started. mission, the middle east. secretaries of state, antony blinken, and the middle east with the hopes of stopping a full blown war between israel and has allowed before begins. where those tense talks stand now, and what we know but secretary of defense, lloyd austin, s undisclosed state and the intensive care unit in the white house. plus, off the rails. the twice impeached, quadruple indicted, disgraced, one term ex president on the campaign trail in iowa. talking about how he would ve ended the civil war. while taking a discussed a jab at a u.s. senator, mccain. the countdown to the iowa caucus, and donald trump s packed courtroom calendar that could determine the future of his criminal trials. later, keeping the faith. my special commentary on hold on to hope during another tumultuous presidential election year. all of that and more is coming up. a good sunday morning to you. all i m katie phang. secretary of state, antony blinken, is in jordan as part of
the call and they are here for your viewing and athletic pleasure. behind them of course the high school band. that s part of the festivities all because that thing that is happening behind us in the state farm stadion, super bowl lvii. so there you go. wow, listen to that. do you hear the fox and friends a chance? that is awesome. now starting for the tv hosts starting puncher brian. starting puncher. [laughter] are a guys great job. what is your name? what s allison. not everybody s would be going to game and my correct? philadelphia eagles have deployed some cheerleaders i understand some soldiers across around the world the crux of the action of several cheerleaders stationed overseas right now with our military. we bring in that super bowl experience to them we could not be more proud of that peacocks are great is that to give up the super bowl we were on the field and said rather beat the troops? yes we are so excited they re there it represented the eagles. we