It's Jim Kramer here. You're listening to the opening bell of CNBC's Squawk on the Street.

Don't miss a minute of the action. Good Friday morning. Welcome to Squawk on the Street. I'm Carl Keenton, Nia. Sarah Eisen is back at post-night of the New York Stock Exchange, along with David Faber. Kramer as the morning off. Market continues to chop around these levels. About a three-week high for the S&P. S.K. Hynix begins U.S. trade today, Delta with the

beaten raise, before we get to bank earnings next week. Oil in the low 70s still, retail gas,

about a dime off the recent lows, 10 years still above 4.5. A roadmap begins with

SK Hinex set to make its trading debut here on the NAS, raising more than $26 billion, the largest share

sale ever by a non-U.S. company. Plus, open AI and Google reportedly selling AI models to Chinese

tech giants that have been blacklisted by the Pentagon. We'll give you those details.

And watching Delta post results, CEO telling CNBC that he expects airfares to remain firm despite the

recent slide in energy prices. Let's begin with the markets this morning, including the S&P,

near a record high. Apple hitting its own all-time high on a closing basis as we get ready

to wrap up a volatile week. We're going to watch Apple prices pretty closely here this morning.

Intraday

high 317. In order to replace Nvidia as the number one market cap, you need to get to

334. Pretty constructive action. And meta, I think last couple of days, 5, 6, 7%. Meta has come to life.

Of course, there's been a lot of time spent trying to understand their strategy when it comes to compute and how much they're building and how much they now may be leasing.

Some recent quotes from Zuckerberg in an interview he did as well, sort of addressing the idea that, no, we're not saying that we really don't have, that we have excess

capacity or computer so high that it may make sense to rent out infrastructure instead

for internal platforms.

So we're going on an interview as well to say, I don't know anyone in the industry

who feels like they have too much compute, the offers that you get for using the computer so high,

it may, you know, well, you took it away. And I don't have it in what I was reading here,

but you saw the rest of it. But the market's excited about it. Yeah. You know, again, there's been,

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