It's Jim Kramer here. You're listening to the opening bell of CNBC's Squawk on the Street.

Don't miss a minute of the action. Good Friday morning. Welcome to Squawk in the Street. I'm Carl Kintaniel with David Faber and Sarah Eisen at post nine of the New York Stock Exchange. Kramer has the morning off. Final trading day of November, S&P goes for its seventh straight monthly gain. If some of these gains hold, it's an early close for stocks and bonds.

We are still recovering from this trading halt at the CME. goes for its seventh straight monthly gain. If some of these gains hold, it's an early close

for stocks and bonds. We are still recovering from this trading halt to the CME due to a data

center cooling issue, which did knock out futures and options across markets.

Our roadmap begins with the markets as we wrap up this final day of the month. S&P goes

for its best Thanksgiving week in over a decade. Plus the AI trade going into year end, as Alphabet of course month. S&P goes for its best Thanksgiving week in over a decade. Plus the AI trade going

into year end as Alphabet of course continues that historic run. Invidia shares, they're deep

into a correction territory right now. And Black Friday kicking off the crucial holiday shopping

season. We'll get the early read and discuss which retailers

are best positioned right now. Let's begin with futures, which are resuming after being halted

by the CME overnight due to this data center cooling issue. We're still learning more about it,

talking about the vendor here, which I think David is a KKR property, but sort of draws attention to the cooling

issue, which is just getting started if this AI demand keeps up.

That's a good point.

And just overall reminds you of the vulnerabilities in the system of companies who

have perhaps heard of.

You're right.

Cyrus 1 was briefly a public company taken private by KKR sometime back. But you know what? These kinds of

things, yes. Given the rapid construction of data centers across the country, of course,

and how often we talk about power, the power is key to cooling these, given how hot GPUs can run. And so it is an interesting point, Carl, to sort of think about. I'm not sure what exactly was at issue here or why they had the issue. I'm not sure we've learned that much about it at this point. Yeah, you hear data centers in cooling and think, uh-oh. I guess the last time something like this happened was back in 2019, so six years ago, and

didn't last quite as long as this.

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