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 David Faber with Jim Kramer. We're live from Post 9 at the New York Stock Exchange. Carl has this morning off. Let's give you a look at futures as we get ready to start another week of trading right here at the New York Stock Exchange.

And you can see we are set up for what appears to be a higher open.

Our roadmap this morning, though, begins with the question to merge or to unmerge, demerge.

Japan's Nepon Steel is buying U.S. Steel. But Adobe scrapping its Figma deal, not to mention

Grail. Oh, man, we'll get to that as well. And as for the market, seven weeks and counting,

futures are pointing to more gains at the open. You just saw that. And it's holiday crunch time.

We're going to gauge the state of the consumer and the impact of inflation.

We're going to be speaking to the CEO of Costco. That'll be, that's a special treat. That'll be this

hour. Let's start, though, with M&A and including that U.S. Steel, Nippon Steel Deal.

It's, of course, a transaction. Our viewers know that I've been following here, but must say, Jim, that Nippon was not a name that I had mentioned at least. It was one that I had rarely heard and oftentimes just sort of in the abstract. They somewhat surprised here, got involved, though, like many other companies, and, of course, we had been informing our viewers for quite some time.

This was a robust auction throughout, as I had reported, I think it was last week.

Brids were certainly well into the 40s, but $55 a share, all cash.

It even gets up to an actual number of $14 billion in equity value that's pretty impressive.

We've talked for years about how U.S. Steel was really a tiny little company.

Not so much when it sells, and you have to give the board and management their due here.

Cleveland Cliffs came.

They said, no, thank you.

We're not interested in that number.

We're going to try to maximize shareholder value and maximize. They did, didn't they? Well, I've got to tell you, they sure

did. And I got to hand to them because Nip on is number one in Japan, number four worldwide,

but really is not a real player here so I think that what a banker

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