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

Good morning. Welcome to Squawk on the Street. I'm David Faber. He is Jim Kramer, and we are live from Postland at the New York Stock Exchange.

Carl has the morning off. Let's give you a look at futures before we get started with trading for the last day of the trading week.

Happy Friday, everybody. We're looking for another higher open on a

week where we are headed towards records. And that is where our roadmap begins, Jim, with that

record run, the S&P and the NASDAQ on the verge of hitting new highs. Poor PCE, that is the

Fed's preferred inflation gauge, slightly hotter than expected.

Plus, the race to $4 trillion, Nvidia and Microsoft both pushing to new highs,

and they are both getting closer to that market cap milestone.

And shares of Nike, they're up on the back of the latest earnings and commentary from the company.

Its guidance, the fact that the worst may be behind it has the stock at least up a few percentage points, Jim.

Let's start, though, with the S&P and the NASDAQ because we are right here at record highs.

I was watching the show last night.

Your show, Ed Money.

You're welcome.

I thought it was interesting because you were talking not just about tech,

but the fact that when you go through some of the best performers,

it's not just tech.

That said, it's where we spend most of our time for obvious reasons, and certainly we are focused on the NVIDias and the Microsofts, which continue to move higher. I think that we're at a period where it's kind of the old days. Try to spend, this is what I do. Amazon, up three. Guys, what's, what's story Amazon? What's going with Amazon?

Alphabet, up five. What is that? What is that? Apple, up two. We are back to that moment

where there is no explanation. There's just money in. Remember the money in, the trance of money

that we had in the 90s? So it's only a question whether it's 95, 96, 97,

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