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 Thursday morning. Welcome to Squawk on the street. I'm Carl Kintania with David Faber, the New York Stock Exchange. Kramer's at the University of Miami in Florida as part of his college tour. A lot more on that in just a minute. Futures are steady after Wednesday's

a Fed-driven rally. Data today pretty constructive, Q4 productivity beats unit labor costs were light,

got the two-year yield 405. Our roadmap begins, though, with the meta-boom. Shares on pace for

their second best trading day ever. Company posted upbeat outlook and that $40 billion buyback.

Plus Fed expectations, delivering its smallest rate increase in nearly a year. Disinflation.

Yeah, believe it or not, that is becoming the word of the day for the Fed Chair Powell.

And we got more layoffs. FedEx Rivian, Draft Kings are amongst the latest companies that are announcing

cutbacks in their employee ranks. Let's start with Jim, though, and his back-to-school tour in Florida.

Jim, walk us through while you're there. It's a beautiful shot, by the way.

Thank you so much. I'm at the U. University of Miami because I'm trying to bring the message

what we all talk about, which is how fabulous the stock market is, as a wealth creator. I don't know. I think I've got people here who've stopped me already from just from walking maybe 50 yards who want to know about the stock market, what we're thinking. And I think it's just a fabulous time for young people to be learning. And I love to teach.

And this is the best way.

The college tour, CNBC, I think I'm very lucky to work for CNBC today because I get to be at a fabulous school and do some terrific teaching.

On a day, by the way, David, where efficiency and disinflation are the two things that we're looking at.

I didn't think that that's what we'd be talking about today, did you? No, I would not have. And it's funny you mentioned disinflation, of course. Oh, we'd take a look at some good video of you. There, you look a little younger there. I don't know what's going on here now, Jim. I knew you were going to say that. I was going to cut this. I wasn't going to use it because I said someone's going to say he looked younger.

What am I watching here? What is this? A promo reel for the highlights of... Oh, road shows, I'm told. We're just watching your road shows, Jim. When we come back on from this commercial, I'm to crush great these are great and you look amazing

really you do i love to your question because i think it was an important one and and it's kind

of funny because i just had a conversation with somebody who said you know listen the narrative right

now in this market uh is pretty straightforwardly we're at peak landing. And everybody's talking about the soft landing

and how well Chair Powell has done so far to make that more of a possible reality.

First went on to say, listen, I'm not going to say that this is something that we're going to

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