Market moving insight and analysis.

Join Jim Kramer, David Faber, and me, Carl Kintanilla,

on the opening bell hour of CNBC Squawk on the Street. Good Thursday morning, welcome to Squawk on the Street. I'm Carl Kintanier with Jim Kramer, David Faber, at post-9 of the New York Stock Exchange, final trading day of November, still on pace for the best month since the summer of last year, and more encouraging inflation prints today from the Eurozone and the U.S. October PCE, a new cycle low.

Our roadmap begins with the Fed's preferred inflation measure, Quar PCE moderating in October

from the previous month's year on your increase.

Also had sales force handling the topping the list of pre-market gainers on the S&P.

The company raised operating margin

guidance, and it did post and earnings beat.

Plus, Elon Musk delivers a blunt message to advertisers that are currently not advertising

or perhaps boycotting his ex-platform.

We're going to look at the eye-opening comments that he made yesterday at that dealbook

summit. Let's begin, though, with the markets on this final trading day of November as investors

digest this latest batch of inflation data, Jim. Core PCE, two-tenths, actually 0.16, rounded

up the two-tenths is in line. Yeah, I mean, I was surprised that the bonds early on this morning were trading

pretty much exactly where they are now. And that tells me that this was in line. In line,

I think in this environment is actually very positive. And then in the last like 20 minutes

when interest rates actually went up on this. And I'm thinking that, David, I don't know how you feel about this, but we have had an incredible rally in bonds.

Incredible.

This is actually like, if you just viewed it like a stock, it's profit-taking.

Because it's been an extraordinary run.

And it has been a blowout run.

And so I think this is just the profit- taking on a number that everybody thinks is pretty important. Makes sense to me. I mean, again, there it is. And that's not even quite the high at 4-8, right? We've got to go back a little bit further than that, I think, Carl. But basically it indicates how prices have changed dramatically over that time period. Yeah, we got to 4247 this morning on the 10 year.

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