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

Good Monday morning, welcome to Squawk on the Street. I'm Carl Kintenea with Jim Kramer at Post 9 of the New York Stock Exchange.

David Fabers of the Milken Institute Global Conference in Los Angeles.

Pretty steady market ahead of the open light on data this week, but plenty of high-profile

earnings from Disney and Uber to Airbnb and Arm. Ten-year remains below four and a half.

Our roadmap begins with Berkshire's boom, a 39% gain in Q1 operating profit. That's a new record.

Meantime Buffett says they did trim Apple and sold off Paramount at a loss.

Speaking of Paramount, the company is, or its special committee, is opening up negotiations

with Sony and Apollo who are teaming up.

They're also still talking with Skydance as well about their bid for the overall company.

And from here at the Milken Institute Global Conference in Los Angeles, over the next two hours,

we're going to be joined by Apollo Global's Mark Rowan, Goldman Sachs's David Solomon, and Exxon's Darren Woods.

So nice line up ahead, guys.

Let's begin, David, with Buffett and Apple.

After that days, after that Stocks Friday rally, Berkshire says it did trim and stake in the iPhone maker by about 13% to

just over 135 billion in Q1. Didn't stop Buffett from praising Apple at the meeting over the

weekend. Take a listen. At the end of the year, I would think it'd be extremely likely that

that Apple is the largest common stock holding we have.

Now, when we look at Coca-Cola and American Express in Apple,

we look at them as businesses.

Now there's differences in tax factors,

there's difference in manager responsibility, a whole bunch of things.

...