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 Tuesday morning, welcome to Squawk on the Street. I'm Carl Kintanaia with Jim Kramer, David Fabers, back at post 9 of the New York Stock Exchange.

Stocks are set to add to those recent highs as a few companies trim guidance or at least quantify the impact of tariffs. Goldman today says

the labor market is set to approach what it calls stall speed 10-year 436. On roadmap begins

with earning season ramping up, GM, Coke, defense stocks, and the home builders are all on the move.

Plus, we're going to keep an eye on shares of alphabet, aiming for what would be its 10th straight day of gains.

That would tie its longest streak, at least in the company's history.

And the road ahead for the rails.

We'll have the latest details on at least what might be that potential for M&A in that industry.

Let's get right to the markets coming off another record closed for the S&P and the NASDAQ this morning

as investors digest this morning's batch of earnings, including Coca-Cola and GM.

Jim, we talked some Stalantis yesterday, and GM does quantify at least the first half tariff impact.

Yeah, GM, look, they obviously have a tariff problem. It's much bigger than a lot of people think.

The theme of this quarter is that you have to have a tariff problem and then you make

it smaller.

RTX did that.

It was like, wow, we thought it was going to be like 800, it's going to be like 500.

So when you see something that seems like a very large number, it's entirely possible that

people say, well, wait a second, that sounds so good. I'd like to point out that there was a lot

that was good. And I think that Mary Barr is doing a very, very fine job because the only

thing, you know, added costs, but they're selling.

And I think that those who want to sell the stock go ahead, but I think that they're,

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