It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street. Don't miss a minute of the action.

Good Monday morning. Welcome to Squawk on the Street. I'm Carl Kintanah with Jim Kramer. David Faber's back at post-9 of the New York Stock Exchange. Future's steady coming off the 13th record closed for the S&P this year and the best week since mid-January. Pact schedule this week, PCE deflator,

Fed speak, earnings in retail and software. Our roadmap begins with stocks and this AI-fueled rally,

and Vitya shares climbing once again ahead of the open, while Apollo calls the current AI bubble

bigger than the 90s tech bubble. Plus, we're on inflation watch.

As you just throw Carl, Carl, say, investors are waiting key economic data this week.

Potential big implications, of course, for rate policy.

And Berkshire's cash pile hit a new record.

Warren Buffett warning that the days of, quote, eye-popping gains, though, are over.

Let's begin that with Nvidia, extending that rally after reporting that blowout quarter

last week, hitting a $2 trillion valuation during much of Friday's session.

Jim, we were just talking off camera.

Perfect timing for you to go into your investing club annual meeting over the weekend.

Thank you.

A lot of people own NVIDIA. It's been trade position and it's worked well. I think there's still a lot

of skepticism about Nvidia because I call it the Nouveau re-stock. People just can't believe

that it had this kind of level of revenue growth. People think that maybe too many companies overordered.

David, I have yet to find anyone who has said,

you know what, I have too many of their cards,

including META, which is a J.U's buyer.

And I think one of the reasons is because there's 20 to one improvement in

return on investment versus current. And two, really important, they run cooler. So what happens

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