Market Moving Insight and Analysis. Join Jim Kramer, David Faber, and me, Carl Cantonia, on the opening bell hour of CNBC Squawk on the Street.

Good Tuesday morning, everybody. Welcome to Squawk on the Street. I'm David Faber. That's Jim Kramer. He thinks he's on ESPN.

It's actually CNBC, post nine at the New York Stock News. You were such a bad guy. A bad guy.

Carl has the morning off, which of course you could already tell.

Let's get a look at futures this morning.

Of course, you heard Becky just talk about it.

You know, we'll see.

Dow looks like it may open down.

But the NASDAQ is one of the keys, and that does appear to be set for a higher open yet again

our roadmap this morning though starts with blue chip earnings so we got a parade of names such as

3m g e Verizon we'll talk down or her we'll just keep going from there GM of course in fact

speaking of that we've got an exclusive that will be with GM CEO Mary Barrow.

That's coming up shortly.

The company did raise its full-year guidance.

It did increase cost cutting as well.

Quote, we were wrong. Morgan Stanley's Mike Wilson admitting he may have underestimated.

Where was that? What page?

You know, I couldn't even find it until...

How about page five? Yeah, page five. Yeah, I couldn't even find it. How about page five?

Yeah, page five. Yeah, otherwise, mostly here we were ripe. Of a note that came out of 4 a.m. But it doesn't matter. At the same time, he did admit he was wrong. But he didn't eat crow. He kind of ate sparrow. All right. We'll talk a bit about Mr. Wilson. But let's get to the earnings because it is a busy day, Jim, and I'll go where you want.

You know, my list, at some point during the show, we'll obviously get to Spotify and GM and 3M and Verizon and Danahar and Raytheon as well.

And I was going to go with GE versus Raytheon. How interesting. So let's start there. Okay. So we finally got the quarter that you and I expected from Larry Colp when you first went to interview. God, that's a long time ago when I first went to interview him when he first took over. He heard a lot of problems. So many challenges. Obviously power being a key one, he started to take the company apart as we knew eventually they would. Health care now trades its own and eventually power will. Which, by the way, like the quarter, but I own it from my travel just now. It's an aviation company. Yes, and here's what happened. Remember how they make their money. It's a razor, razor blade model. So you sell the engines. Then 75% of the revenue and earners per share is maintenance. they have on fire. They're taking a huge number of engines. The growth is much better than expected. And then, David, here's the real surprise. Tell me. Onshore wind from Vernova. Very strong. Onshore win. That's the spinoff next. IRA orders can help. That's coming in early 24. Right. So I had the power generation business.

...