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Graded a c by her own. Hes a tough grader. Nasdaq outperforming several momentum names in that index bounce back led by nvidia back 900 bucks. Oracle is the best and s p following its earnings report. That after naming a new ceo. And all takes us to our talk of the tape which is all about the rally. Is it running out of steam . Is it taking a momentary breather . No real breather at this moment as we come on the air. Lets ask archie Market Strategist for j. P. Morgan asset management. Welcome back. Reading through your notes, you sound really positive on this market. We do some positive. First on the fundamentals for the economy we see growth normalizing this year 2 , but zero recession in our base case. We see inflation also moderating towards 2 by the end of the year. You still have a pretty resilient nominal growth backdrop for companies. Resilient Revenue Growth area a ....
much. laura: we re working on it, they didn t tell snub. sean: no. a fox nation special, the crazy hosts get along. laura: my people will talk to your people. we love you anyway. see you next week i hope. i m laura ingraham and this is ingraham angle and thank you for being with us tonight as always. leaks and losing streaks. that s the focus of tonight s angle. now we know that while the entire press corps as political class were obsessed with the mar-a-lago case. the biden administration was subject to one of the most disastrous intel leaks in u.s. history. roughly a hundred pages of documents that we know of were posted online revealing critical military assessments of friends and foes alike. such as us efforts to spy on its allies, israel and south korea the during the to win they ve penetrated the government and that ukraine will fall well short of its counter offensive goals at retaking russian occupied territory. whoops. my friends this is devastating and t ....
Were going to begin with this years biggest ipo, arm pricing its offer at 51. Thats the high end of the projected range and valuing the softbankowned chip designer at 54. 5 billion, fully diluted. Arm, whose customers include apple and nvidia, looking to ride this a. I. Wave, listing on the nasdaq today under arm, and david has this exclusive with renee haas and masa son. My understanding is that they could have gone 52. Thats what i have been told by any number of people, but masa said, lets do 51 with the prospect that that will position it better for some sort of positive open, and thats important here, given the importance of arm to the overall ipo market given the size of the offering, the focus on it, and the fact that we are expecting more to follow. If it doesnt perform well, that might leave not a particularly good taste in investors mouths. The hedge funds been pared back, long only. Sovereign funds and stepped up and converted from what was interest to actual buying power. W ....