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The session, sara. Come back after two down weeks. Coming up on the show, tech investor Roger Macnamee is with us and gold strengthens, the dollar weakens and home body stocks outperform well break down the trades and themes in a few minutes with David Rosenberg. Lets focus on the key stories mike santoli watching the bounce back rally meg tirrell as the president participates in a Coronavirus Briefing and the other big Market Driver this afternoon, the stimulus negotiations in washington new details expected this afternoon. First to you, mike yeah. Sara market really is a bounce in large tech stocks that is carrying the s p 500 to the high end of the recent range. Pretty well mixed market under the surface. Those big nasdaq themes carrying we spend most of th ....
New york stock exchange. Twitter finally going public today, pricing 70 million shares, 26 each. Thats above the expected range of 23 to 25. Company will raise at least 1. 8 billion and trade under the ticker twtr. The ipo values twitter at 14, 18 billion that, number still to be determined. Well talk with twitter Ceo Dick Costolo right after the opening bell, a lot of other special interviews throughout the morning. Youve been tweeting. How meta is that about just how overallocated this is . I did just about ten minutes ago, speaking to a number of Hedge Fund Managers this morning, who all of course are disappointed in their allocations but not surprised. But for 2 million you get 5,000. You put in for 7,000, you get 10,000. But theyve also been providing color buy as you might expect the underwriter goldman sachs. Ive heard the deal is about 30 times oversubscribed, ....
And theyre being decent to the each other and creative. It kind of gives you hope. They are an amazing combination of good soldiers and leaders at the same time. Thanks, rachel. Vanity fairs contributing editor has been watching Donald Trumps moves for decades she knows more about donald trump than most of the political reporters who have only covered him a couple years. She said something this week, we should keep in mind about every trump story, in an interview with the british paper she said, everyone says he is crazy, which maybe he is, but the scarier thing about him is that he is stupid. You do not know anyone as stupid as donald trump. You just dont. And donald trump proves that every time he says this. Im like a really smart person. I have a very high aptitude and intelligence. I have the best words. I went to the Wharton School of finance. Trust me, im a smart person. ....
You need him. If we kept him on, he would have no life. I could have watched another hour watching you talk to them, it was wonderful to hear from them, wonderful to see them with you, getting to finish sentences in a calm and reasoned conversation. Theyre just so impressive. Theyre very impress and ive th impress and ive they know what theyre doing. And theyre being decent to the each other and creative. It kind of gives you hope. They are an amazing combination of good soldiers and leaders at the same time. Thanks, rachel. Vanity fairs contributing editor has been watching Donald Trumps moves for decades she knows more about donald trump than most of the political reporters who have only covered him a couple years. She said something this week, we should keep in mind about every trump story, in an interview with the british paper she said, everyone says he is crazy, which maybe he is, but the scarier thing about him is that he is ....
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