I'm Carl Kintanilla. You're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern. Listen in.

Welcome to Tech Check. I'm Carl Kintania with John Fort and Dear Durbosa. Today, yet another tech name going private this morning as Toma Bravo buys Kupa in this all-cash deal and shares surge on that news. We're going to discuss that in a minute.

Plus Wall Street getting bullish into the new year.

More on some of the top picks going to discuss that in a minute. Plus, Wall Street getting bullish into the

new year, more on some of the top picks we're getting, from Netflix to Robin Hood, names that the

street is betting on. First, though, some econ data just crossing the tape, and we'll get to Steve Leesman

with it. Steve? Yeah, good morning, Carl, some improvement in the Federal Reserve's inflation expectations gauge.

The New York fed out with a consumer expectation survey showing that one-year inflation

expectations fell the most on record for this series. It goes back to 2013. They are down by

0.7% to 5.2%. That is still high, but it's the lowest measure for the one year ahead

expectations since August 2021. Here are the full suite of expectations that one year still high

at 5.2, but down seven-tenths to three-year, down a tenth of three percent. That was up near

four percent in August of 2021. The five-year down near the Fed's

target. That's what they focused the most on. 2.3% down a 10th. One other good inflationary

bit of news expected earnings growth declined 0.2% to 2.8%. Guys, this is one of the things

the Fed watches closely. So a bit of good news here on the

inflation front. All right, Steve Leasman. Thank you. We're going to start our feed today on Tech

Check with Cupa surging on news. The company has signed an all-cash deal with Toma Bravo to go private

for 81 bucks a share. Now, you'll recall, we were just talking a couple days ago about Toma Bravo raising a big buyout

fund, wasting no time putting that and more to work.

Coupa has been one of many pandemic darlings taking a beating in the markets this year.

Shares did trade at more than 160 bucks a share back in January.

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