Good Wednesday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Carl Cantania and David Faber. We are live as always from post nine of the New York Stock Exchange. It's Nvidia Day on Wall Street as the world's largest company gets set to report earnings in just a few hours. We'll help get you ready for those results ahead of our big interview airing tomorrow with CEO Jensen Wong.

Plus, Mohammed Alarion is here with us at Post 9.

His thoughts on the global jump and bond yields and what it means for the equity market.

Plus, we'll talk to the CEO of Sotheby's as their May art sales jumped 70% from last year, already nearing a billion dollars, what that tells us about the overall market.

But guys, wanted to start with some consumer commentary since we did have a slew of earnings from consumer-centric companies.

And the read is it's pretty decent.

Some warnings in there.

T.J. X, though. How about that? Really strong.

All of our divisions delivered strong comp sales growth and increases in consumer transactions.

The second quarter is off to a good start. T.J.X. always sort of performs better than the rest in the last few years in this environment.

But no sign of weakness from the consumer there.

Stock up another 5%.

Low CEO on the macro environment.

While do-it-yourself demand remains under pressure,

we're continuing to grow market share in a challenging housing environment,

shaped by elevated interest rates, higher costs, and low housing turnover.

We know the problems that have been plaguing the

housing market. I don't think that's anything new. They summarize it there. And that tells you that

there's still obviously weakness as we continue to see these new highs on the 30-year, which tracks

mortgage rates. CAVA, fast casual. We try to incorporate the guidance in the guidance, the challenges

that consumers are facing around them and the uncertainty in the guidance, the challenges that consumers are

facing around them and the uncertainty from the geopolitical conflicts and increases that prices of the

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