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 Monday morning. Welcome to Squawk on the Street.

I'm Carl Cantonio with Jim Kramer, David Faber,

post nine of the New York Stock Exchange.

Coming off all-time highs, the bull market enters its third year. Futures are mixed. Bond market closed for the holiday. Big week ahead with earnings from Goldman, Morgan Stanley, Netflix, Proctor. Our roadmap begins with investors celebrating two years of this bull market, following another record-setting week for the Dow and S&P. Plus, we're keeping an eye on. Shares of Southwest Airlines activist investor, Elliot, calling for a special meeting. We're going to go over that and give you all the details. Boeing is one of the biggest laggards on the S&P in the pre-market. It announced plans to cut about 10% of its global workforce that That was late Friday. Of course, this says the

company's losses mount and that machina strike, and there's the fifth week. Let's begin with

the markets, though, celebrating this two-year bull run goes back to October 12th of 2022. S&P's up

more than 60% in that time period. Jim, record highs for the cap weighted, the equal weight,

industrials, financials. Not supposed to happen, obviously. We've got a lot of worry. It doesn't

seem to matter. We can place the new worry would be mid-east, and yet the boils down. We had a lot of people who felt that Powell handled it badly.

But what keeps coming back, we have a remarkable semifference around.

And it is at the heart of this market.

And I would tell you that one of the reasons why it's so great is the dynamism of American capitalism, David, is in semiconductors.

It is the idea.

It's in the design of semiconductors.

Not the fabrication of them.

No, the design, because I don't like to see the Chinese doing a blockade.

We didn't talk about this one. Chinese doing a blockade of Taiwan, a mock blockade. It's always worth just mentioning because people who don't pay close attention, we design, invidia designs all those chips. We don't do anything here. But they are all, all of the highest in chips are manufactured by Taiwan semi in Taiwan. Now, that may change as they open up plants, I believe, in Arizona. Yes. But to your point, I don't want to divert here, dynamism certainly in the design of chips. Right. And I think that it, look, there's things that happen. You'll see Nvidia's up today. Well, what it Nvidia demonstrated, and Ben Wright's on this morning from Melius,

but I did a lot of work last week on what Nvidia did. They did a roadshow. They came to New York,

went to Boston, went to Baltimore. Now, this is a CEO who, if you listen to Renee Haas's

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