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 Friday morning. Welcome to Squawk on the Street. I'm Carl Kintanao with Jim Kramer, David Faber, at Post 9 of the New York Stock Exchange. A mixed pre-market as the debate this morning shifts as to whether we're in a new bull. S&P, 20% off the October lows.

Today, B of A declares the new bull market has legs.

Our roadmap begins with the return of the bull.

The S&P, as we said, highest close of the year, up 20% from that October low.

Plus, Tesla's rally.

It is rolling on.

Stock's now up more than 100% this year.

It is on track for what would be its 11th straight daily gain.

And I did some back of the envelope figuring.

I'll share that with you as well.

Musk's overall numbers.

No worries, by the way.

That's Meta CEO Mark Zuckerberg when he's talking about Apple's new Vision Pro saying, quote,

it does not have magical solutions to the laws of physics that they haven't already tried.

Let's get to the markets, as we said, back in so-called Bull Territory.

Interesting, Jim, to see B of A be so plain about it.

The title of the report is Bye Bye Bear.

Well, I have to tell you, the five facts piece, that's FAQ, was I felt, not what I wanted to see. You don't want a bull market that's basically led by Carvana. Now, they did not mention Carvada by name, David, but you know, you have basically, if stocks are reviled why is the SMB trading in 20 times earnings

well all of this is basically like we shouldn't be in a bull but there's nothing we can do and there's

going to be phomo you want to be actively a stock picker and then david of course um i have to mention

right up front because he's the Oracle of AI.

How do I invest in AI is a question.

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