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. Good Friday morning. Welcome to Squawk on the Street. I'm Carl Kintini with David Faber and Mike Santoli at post-9 of the New York Stock Exchange. Kramer has the morning off. Major indices do inch a little closer to those recent highs, although there's intense volatility beneath the surface on some single-stock

earnings, double-digit moves on Under Armour, Trade Desk, Pins, Twilio, Sweet Green, and others.

Our roadmap begins with the president naming a top economic advisor and loyalist to fill a vacancy

at the Fed. J.P. Morgan makes a new rate call following that announcement.

Intel also responding to the president's call for its CEO to resign.

What's at stake for that company and its investors?

Open AI, by the way, ramping up the AI arms rate.

It's got a new version of ChatGPT out.

ChatGPT5.

CEO Sam Waltman was on CNBC earlier, making comments about the possibility of staying

private versus going public.

We'll have that and a lot more.

Let's begin with the markets overall.

Pushing higher, S&P NASDAQ on track for a third positive week in four and the best week since

June.

Tech rallying and consumer discretionary on pace for the best week since late June.

We've been talking about some movers, some to the upside, some to the downside,

especially names that maybe don't raise guidance as much as some expected.

Yeah, I mean, I think if you just look in aggregate for earnings season,

the stock reactions have been net negative with anything but completely blow out numbers in some of the mega caps.

And yet, the overall market has kind of hung in there, right, within percent or two from the all-time highs.

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