Market Insight and Analysis.

You're listening to the opening bell of CNBC, squawk on the street.

Am I declaring an end to the era of magical investing?

How about this?

I'm proclaiming that for the rest of the year, it's the era of investing, not as if by magic,

but as if by profits.

And for that to happen, there's going to be far fewer winners and a lot more losers.

That's Jim on Mad Money last night with his take on the AI trade. Good Wednesday morning. Welcome

to Squawk on the street. I'm Carl Canton-A with Jim Kramer here post-9 of the New York Stock Exchange.

Fabers on assignment. Coming off that Dow record closed, future is pretty solid as the House

returns to work for the first time in 54 days

today. We'll vote to end the shutdown around 7 p.m. tonight. Our roadmap begins with the state of the

AI trade. AMD expecting sales growth to soar driven by what it calls insatiable demand for AI.

Goldman's out with its latest forecast for global stocks expecting double double-digit gains for the S&P next year,

although well outpaced by international stocks, and the House gearing up for a crucial vote, as we said, to end the longest government shutdown in U.S. history.

Let's begin with his AI trade, though, a day after the Dow did hit that new record high. Jim, lots working.

We were talking to Santoli this morning about Goldman's effect on the Dow right now.

Right.

I think Goldman goes much higher because we are in a merger market and an IPO market

and a debt market that is rather extraordinary.

The latter being much more lucrative, people don't realize it.

We have a big position for the trust.

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