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 Tuesday morning. Welcome to Squawk on the Street. I'm Carl Kintanaia with Jim Kramer, David Fabry at Post 9 of the New York Stock Exchange.

Futures are a bit mixed following Monday's momentum unwind. And as we await CPI tomorrow,

tons of corporate news from Oracle to Disney to Boeing. A positive mention of Google

has that stock up 4% pre-market. Our roadmap begins with Oracle, though, sliding on its earnings and

its revenue miss. Biggest laggard on the S&P ahead of the bell. Plus, Tesla's named a top picket,

Morgan Stanley. It's getting a big price target increase. The stock, of course, is nearing a new all-time high.

And how about Boeing? Well, it's restarting production of its 737 max. That's about a month after, of course, the seven-week strike by more than 30,000 factory workers, finally was brought to an end.

We'll begin with Oracle this morning down sharply in the pre-market.

Quarterly results coming in just shy of expectations, despite cloud growth fueled by what the

company calls record-level AI demand.

Current quarter guidance, a bit below consensus, Jim.

We were just talking yesterday about where the sellers were.

They came out.

They came out.

It's very interesting.

Let me get to Oracle first. Look, when you're on an Oracle call, it's very raw, Rob. Safran Kot's always about my forecast. We beat my forecast. And Larry Ellison jumps in this. We're going to win. No one even is near us. Our buildings are best. I actually like it now. There was a time when I said, are you guys kidding me? But when you put on those points and you make that kind of money, I think you're serious. And I'm buying, well, I don't have my travel trust, but I like the call. And I like what they said. And so did the analysts who congratulated them. I think you have to be careful selling the stock, if only just because it ran up a lot.

This might be the level to buy. But yesterday was a day I was looking at bespoke David. That's a great stat. I love that way. Crazy stat. All 26 of the Russell 1,000 stocks that were up 100% on the year through last Friday. We're down today. And they're down an average of more than 5%. David, this may have been a basket someone put together to go after the companies that are up the most. And it did impact stocks. Oh, without a doubt. I think yesterday was one of those, you know, in the hedgeman business, they call it factor risk. I'm not going to go into it. But it was one of the worst day since 22 in terms of the names they're long and short and everything is sort of going the wrong way on them

It was one of those days Jim not quite sure why

But I'm sure you have some theories

Well one of my theories is is that it's absurd that these stocks are all up like this and it might you mean you joke yesterday

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