Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Kington-Away Jim Kramer and David

Fabry at Post-9 of the New York Stock Exchange. Market continues to war on this continued chip rally.

Microns up another 6 plus percent. Pre-market, Goldman becomes the latest desk to hike its

year-end S&P target to 8,000.

Brent tumbles below 95 as Iranian State TV says they do have a draft of an unofficial

MOU that could result in Hormuz traffic returning to pre-war levels.

Our roadmap begins with Micron, though, rallying again a day after joining the trillion dollar

club. One firm saying Chip still

have more room to run. Keeping an eye on shares as well of Cyber Security Company Z-Scaler this

morning. They are down sharply ahead of the open, dragging down other names such as Crowdstrike

in Palo Alto that have similar businesses. Also, keeping in on Lulu Lemon.

It reaches a settlement with its founder, Chip Wilson.

That ends a nasty proxy battle that he started back in September.

We'll give you the details.

Let's begin, though, with tech continuing to help fuel the record run in stocks this morning,

Jim Sandusk today in the spotlight as Barclays goes to 2,300?

Yeah, I think that yesterday's Mike Ron, the tip from 750 and they do it basically a double,

has emboldened some analysts to say, listen, this thing's not done. I remember, well, we had

Ben Reeous. He was the first to be able to say,

listen, I didn't miss it yet, and that was a good call. I think that when you get this one, look, I think you have to worry about this as a little bit of overreach, perhaps, because I saw some of these stocks were up a lot more at, say, 8 a.m. than they are now. David, there may be come a time. We had this before where they reach too far and then people take some profits. That could happen because it's not really a blitz

here when you see these already up. It is somewhat reminiscent for me of the late 90s. I can't

help but feel when we come in here on really no news or it wouldn't

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