Market insight and analysis. You're listening to the opening bell of CnBC, Squawk on the Street.

Good Friday morning. Welcome to Squawk on the Street. I'm Carl Kintanay with Jim Kramer, David Faber,

at Post 9 of the New York Stock Exchange. We close out the month of February with some pre-market

losses. Dow may not hang on to that 10th monthly win streak. A lot of drama today in AI, media, private credit, and inflation as January core

PPI runs hot, but the 10 year falls below four.

Our roadmap begins with this last trading day of the month.

S&P's on pace for the worst monthly performance since April of last year.

Plus Open AI, you just heard, of course, Sam Malm and Andy Jassy.

They close a $110 billion funding round.

It includes Amazon, of course, Nvidia and SoftBank, as we've been reporting.

OpenEI, Sam Altman, and Amazon's Andy Jassy.

Just finished speaking with CNBC a few moments ago about that partnership.

And Paramount Skydance is the winner for the battle over Warner Brothers Discovery.

Netflix bowing out will have all the details on what to expect from here.

Let's begin with Markle Reaction.

First to the hot PPI number, Jim.

Core PPI 3.6, That's going to be the biggest

gain in almost a year. Yeah, look, it's disappointing. But I do look to the bonds, the bonds of the

Oldman Arbiter, and they're dismissing that number. We're saying that we're going to rock your time.

I'm going to go with dismissing that number. I don't believe that core inflation will be as bad six months

for now. That number is bad. That number is bad. And you could say, well, listen, Jim, you've

fallen prey to the president and to Kevin Warsh. I just see an individual aspects of CPI,

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