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 and Keington-Away, Jim Kramer, David Faber,

at post-9 of the New York Stock Exchange. Futures are a bit soft as financials kick off their

earnings season with some outperformance. Watching reaction to Tesla's cyber cab, headline PPI comes in light,

matches the lowest print of the year.

Our roadmap begins with the big banks, JPM, Wells, and BlackRock crossing the tape.

Jamie Diamond says the economy is resilient, but warrants on some geopolitical risks.

BlackRock CEO Larry Fink is going to join us this hour.

Plus, Tesla shares are, there he is, Tesla shares are under pressure. Why? Well, Elon Musk's

Razzle-Dazzle-Robot taxi unveil seems to have failed to impress investors. And the bull run turns

two years old tomorrow. The S&P is up 61% since that bare market low in October of 2022. Carl.

Let's begin with the reaction to these quarterly results from the big bank.

Maybe the biggest surprise is this NII gain at JPM.

Yeah, that's terrific.

By the way, we can talk about Wells Fargo and I.

Next quarter is what matters.

That's why Wells is one of the reasons why Wells is looking up. I want to take the other side of the futures trade today. This is a big day. We had PPI. It was good. We have the futures looking a little soft interest rates are obviously not cooperating yet. But so many times we've been in this situation, Carl, where we've had good banks, good numbers, and then people start selling them

off as the day goes on. I say if we have that again, just buy them, because I am very impressed

BlackRock, not really a bank, but we'll talk about it in some ways it is. J.P. Morgan is very,

very good. Wells Fargo, a nice upside surprise when it comes to wealth management and investment banking.

David, they are becoming

an investment bank in a way that I didn't think that he could do so fast, Charlie Sharp, with people

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