Market Insight and Analysis. You're listening to the opening bell of CNBC, Squawk on the Street.

Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Kinkton here with Jim Kramer and David Fabred. The New York Stock Exchange. A big hour is on deck.

Live interviews with the CEOs of AMD, Dow Inc. and Starbucks, as futures look to extend the market bounce, earnings from Apple, Boeing, Starbucks, McDonald's all roll in. The number of coronavirus cases has now exceeded that of SARS. And, of course, a Fed statement of 2 o'clock. Europe's pretty steady and oil is almost back to 54. Our roadmap begins with the corporate earnings parade. Forty-four S&P years today,

including AT&T, Dow, GE, and Boeing, notching its first full-year loss in more than 20 years.

The shares of Apple are higher ahead of the open. A big driver, an 8% uptick in quarterly iPhone sales.

And the coronavirus corporate impact, Starbucks is closing more than 2,000 stores in China

and warning the outbreak will hit its full year results.

As we said, Kevin Johnson will join us first on CNBC later this hour.

And shirts of AMD are sinking more than 4% ahead of the open on weaker than expected quarterly

revenue forecast. CEO Lisa Sue is going to join us exclusively in just a few minutes. of AMD are sinking more than 4% ahead of the open on weaker than expected quarterly revenue

forecast. CEO Lisa Sue is going to join us exclusively in just a few minutes.

So we're going to start with a pair of Dow components. Apple's on track to hit a new all-time

high after a quarterly beat. Record revenues helped by sales of iPhones, wearables, and apps.

Boeing also rising in the pre-market, despite, as we said, the first annual law since 97,

estimating the total cost of the max grounding at $18.6 billion, guys. And as we know, Calhoun with

LeBow earlier on Squawk Box, talking about how the companies fallen short on transparency,

and as they try to get reinstatement on the max, we're

not going to market our way out of this issue.

Well, what a great interview.

What I think is happening at Boeing is they're saying, one, our primary concern is safety,

and after we're concerned with that, it's safety and then safety.

And this is a different Boeing.

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