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

Don't miss a minute of the action. Welcome to Squawk on the Street. I'm Carl Kington-A. With Jim Kramer, David Faber, Post-9 of the New York Stock Exchange. After a 5% drawdown, the S&P takes aim at all-time highs once again. 5254 is the record closed to watch. as the Bulls whisper whether CPI will come in friendly next week.

Our roadmap begins. 52-54 is the record closed to watch as the Bulls whisper whether CPI will come in friendly next week.

A roadmap begins with the markets.

Dow aims for eight straight days of gains, and the S&P is at a five-week high.

Also, it had a lot to discuss on the EV front, including the Chinese EV maker Zeker.

It's making its debut right here at the NYSC, and new data shows Tesla is losing market share in China.

Plus Apple apologizes for its controversial new iPad ad, saying, quote, we missed the mark.

Let's begin with the markets.

We mentioned the S&P gym trying to make some all-time highs.

Was that 5% pullback? That was it. It got digested. Well, I'll tell you, it got digested, and then the money didn't go back to tech. It might happen today because Taiwan Semiad's monthly importance is really strong. But no, I mean, the rally broadened to all sorts of crazy names. And some people would say it had to folder, because in the end, we got an upgrade of none other than 3M. Well, I'll take that. This is losers

Wind Day. Warner Brothers Discovery, Bumble? Holy cow. I mean, today is like, forgiveness day. But the Warner Brothers, I just right up David's alley. I put you right in Porterhouse, and you're having the crystal with that one. That's Zaslo. David Zasloff, he goes to Porterhouse. Oh, I'm lost all along the way there. There was also an upgrade. Wasn't there, Roblox, actually? Roblox, but that was from cell to hold. Oh, was it? Okay. Moppin Nathanson, one of the better calls. And David, I'm going to give David the call of a lifetime. This is from... City. David? Tell me, Jim, what? Okay. We're upgrading India. We're downgrading China. Uh-oh. They upgraded India. Whole countries. Upgrade Philly, down Great Atlanta.

Wow. They upgrade in India.

Upgrade Philly, downgrade Atlanta.

Wow.

They must do a lot of work in India before they do that.

You think they travel the entire country, India, China? You're so cynical.

So then therefore, because they underweighted Latin America, they really, the Brazilian

operation was bad.

That's a lot of travel time.

They are underweight Latin America.

They say, Jim, even though the FXI is positive now on 12 months, this rally is not supported

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