Good Monday morning. Welcome to Squawk on the street. I'm Carl Kintania with Leslie Picker here at Post 9 to the New York Stock Exchange.

Sarah Eisen has the morning off. Today, UBS hiking its 12-month bullcase for the S&P to 8700.

Senior portfolio manager Alan Rekhov and joins us to break down that call. And veteran investor Roger McNamee is back with us this morning why he thinks the current AI trade is

quote much worse than the dot com bubble kind of a disappointing weekend of the box office as

minions and monsters underwhelms supergirl fails to meet expectations iMac's chief rich gelfand

will join us to discuss his outlook for the season ahead as As for the markets, Dow's coming off four

straight weekly gains, giving just a slight amount back today. We're above 7,500. Yields are

interesting. We're back to near four and a half, and the Longbond is back above five this morning.

Let's start out with the latest of Washington. The president just wrapping up a Q&A session in the Oval after ringing the opening bell to celebrate the launch of Trump accounts. Our Megan Kassela joins us this morning from the White House. Morning, Megan. Good morning to you guys. I was just inside the Oval Office for that ceremony. The president talking with reporters for over an hour as he celebrated what was the first joint bell ringing of the New York

Stock Exchange and the NASDAQ and also the first remote ringing of that bell.

I would describe it really as a jovial mood really celebrating what the president described

is what he hopes will be his signature economic policy, a number of cabinet officials

in attendance, some CEOs as well, Michael and Susan Dell, were in there, Jeff

Brecher of Intercontinental Exchange.

And at one point, the president was celebrating the $6.25 billion that the Dells are donating

to the Trump accounts.

And then he promoted the company a little bit.

Take a listen to this.

Go out and buy a Dell computer.

He's not doing it for that.

But I'll bet his business, Brad, has gotten even bigger. I have a son that loves their laptop. I have to tell you, no, I wonder, Dahl, we're going to get him that money back one way or the other. And then I'll ask for another $6 billion.

Guys, the other big topic of conversation in there besides the Trump accounts was the White

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