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 Wednesday morning. Welcome to Squawk on the Street. I'm Carl Kintenea with Jim Kramer, David Faber, Post 9 of the New York Stock Exchange. Future steady on the back of Tuesday's 1% gain, a heady mix of corporate news today, Google, Boeing, Pfizer, and Vidia, and some

macro with Fed minutes and more than half a dozen Fed speakers today.

Our roadmap begins with the Stormwatch, though, the Monster Cat 5 Hurricane Milton,

bearing down on the Florida coast, Tampa Bay, bracing for a possible direct hit.

It's first and more than a century.

Plus, the DOJ's Google breakup threat, the government's lawyers say it's on the table as part of an antitrust remedy.

And speaking of big tech, the sector coming off its best day in nearly a month, a rally which leaves the S&P within striking distance of record highs.

Let's begin with the Justice Department mulling this breakup of Google on antitrust grounds.

In a court filing last night, DOJ said it was considering behavioral and structural remedies

that would prevent the tech giant from using products such as Chrome, Play, and Android

to advantage Google search.

Google responded in a blog post calling the DOJ's proposals radical and sweeping, adding they

would risk hurting consumers, businesses, and developers.

A federal judge is expected to make his ruling next summer, Jim, and we are expecting a

fuller proposal next month out of DOJ.

This is devastating. I had hoped that you could make a, not facetious, but an actual case,

that maybe you'd get some of the parts being more. That is not at all what they want.

What they want is to say, look, this company's monopolist, it must be punished.

It's got to become the equivalent of a Greyhound bus. It can't really have any edge. It goes to the point of even saying, listen, they're steering everything, including AI. Now, I mean, one thing that is the big weakness of Alphabet is AI because they're not, you know, Gemini, it's not regarded as a top flight issue. They're certainly in a really competitive race when it comes to AI. They're not. The government dismisses that. The government dismisses anything. I mean, if you read this, it's almost like Jonathan Canter, who worked at Paul Weiss, by the way. Paul Weiss is representing. Johnnter, who runs the DOJ's antitrust. Of course, Paul, he understands the gamer. Division. What I think he said, it's like he read, David will like this.

Sure now. Jay's antitrust. He was a poise. He understands the gamer. What I think he said, it's like he read, David will like this, Chernow on Standard Roll, Rockefeller, and said, you know what we're not going to do? We're not going to create eight mini oil companies that everybody does better. What we're going to do is we're going to take this company and basically say, you know what? You screwed up.

You monopolize.

And now you have to pay.

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