Market moving insight and analysis join Jim Kramer, David Faber, and me, Carl Kintania, on the opening bell hour of CNBC Squawk on the Street. Good Tuesday morning. Welcome to Squawk on the street. I'm Carl Kintania with Jim Kramer, David Faber, post nine of the New York Stock Exchange. Bulls try to extend the S&P's five-day win streak at the NASDAQ 100 at a 22-month high. Reports this morning of a possible Israel-Hamas

ceasefire and hostage release and, of course, NVIDIA tonight. Our roadmap begins with the ongoing

open AI shake-up drama. Microsoft CEO hinting he's still open to Sam Altman rejoining the company,

but says governance needs a change. Plus, NVIDIA results are on deck. Share is hitting a record high as investors expect a surge in revenue for the quarter boosted

by what else?

Demand from AI.

And we got a mixed retail picture this morning.

Best Buy is saying consumer demand is uneven and difficult to predict.

Lowe's cuts in sales outlook.

Meanwhile, Abercrombie, Dix, and Burlington all beat quarterly expectations.

Let's begin with the drama surrounding OpenAI, and it's ousted CEO, Sam Altman.

Microsoft CEO, Satcha, Nadella, telling our John Fort last night the company remains committed to the chat GPT parent and Altman,

but adds the governing structure at the startup needs to change.

This is Nadella on partnering with Open AI.

I care about just making sure that we can continue to innovate.

And as I said, I feel very, very confident.

Quite frankly, Microsoft has all the capability to just do that on our own.

But we chose to explicitly partner with Open AI, and we want to continue to do so.

And obviously, that depends on the people of Open AI and staying there or coming to Microsoft.

So I'm open to both options.

Jim, the plot kind of thickened last night between Adela's comments and Benioff saying

I'll match you any cash equity offer.

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