Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street. Good Friday morning. Welcome to Squawk on the Street. I'm Carl Kinteneo with Jim Kramer. David Fabers back at post-9 to the New York Stock Exchange. Bulls looking to wrap up the biggest weekly rally for stocks since March. And the banks will help out today. Some upside surprises on net interest margin, return on equity. Import prices,

meantime, down six year on year. That's adding to this week's disinflation theme. Our roadmap begins

with the banks, though, quarterly beats from JPM, Wells, and City. And we're also going to have an

exclusive interview with BlackRock CEO Larry Fink. It is the world's largest asset manager,

and it posted a jump in earnings

and net inflows. Plus, United Health is among the top gainers on the S&P 500, this after the

company raised guidance, reported results above most analysts forecast. It was helped by higher

premiums and a smaller than expected increase in medical costs. Let's begin with the big banks kicking off earnings season, Jim.

We made note of their historic underperformance coming into this period.

Well, except for the majors, JP Morgan was at its 52-week high yesterday,

and it turns out to be, of course, justifying that because the numbers were outstanding.

JP Morgan is a growth stock.

And what I'm talking about, they're doing everything right?

They're efficiency's right.

There's credit card loans up 18%.

I mean, these are just growth numbers.

It's like a small cap stock.

So I just think you have to take notice of them and just say they are in class

by themselves. You think so? Yeah, I really do. Fast by themselves. And all right, go through

more numbers that would show that or give me some sense as to why you say that. Okay, so when you

look at what I would say is there some, the money that they took it, okay, it's just extraordinary. They're, the average, the average money that they had, 3.2 trillion to see that up 16%. Yeah. That's the AUM. David, that you can't do that. How about I banking? 1.49 billion versus1.3 billion? Who did any investment banking this court?

Right.

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