Market moving insight and analysis.

Join Jim Kramer, David Faber and me, Carl Kainteneah, on the opening bell hour of CNBC Squawk on the Street. Good Friday morning, welcome to Squawk on the Street. I'm Carl Cantonia with David Faber, Sarah Eisen at post nine of the New York Stock Exchange. Jim has the morning off. S&P is gunning for five gains in a row and some fresh all-time highs as we put a busy week of earnings to bed. of earnings to bed. Get ready for next week's

Fed decision and an even busier earnings for five gains in a row and some fresh all-time highs as we put a busy week of earnings

to bed. Get ready for next week's Fed decision and an even busier earnings calendar with

more than a third of S&P Market Camp reporting. Our roadmap begins with the president, though,

his historic visit to the Fed yesterday, sparring with the Fed chair over those renovation costs,

but holding back on threats to fire him.

Plus, Intel shares are dropping post results as the chipmaker continues to try and turn things around.

And the FCC Greenlight Skydances take over of paramount. The deal valued at about $8 billion.

We're going to speak with FCC Chairman Brendan Carr about that decision and a few other things.

Let's begin with the markets.

S&P and NASDAQ are coming off more record closes, as we've mentioned.

Although, once again, the longest stretch of the year without a 1% move, the earnings beat rate, Sarah, has been pretty good at 84%.

Although the average stock, thanks to bespoke this morning, that has reported, is down a touch on the earnings reaction.

That's interesting to watch.

But the revenue beats are bigger than historically averaging.

And that is something that I think has been a positive surprise to the markets, especially on a quarter when the companies are really having to deal with tariffs.

And they're mitigating it in different ways, and some of them are finding it delayed because they have inventory.

But overall, it's just a better than expected picture.

You know, Goldman Sachs has a sort of speculative basket that they're looking at that was interesting.

Because this is a week that was also defined by meme trades coming back.

I mean, the most shorted stocks, most hated stocks in the market, like GoPro and Coles.

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