Good Monday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Carl Kintanilla and David Faber, live as always from post nine of the New York Stock Exchange. Stock's under a little pressure here at the beginning of the week, the S&P, oh, it's kind of come back toward the flat line, started out lower. NASDAQ bucks the trend a little bit higher and the Dow's down 100 points. As for treasuries as we kick off the week, we get a lot of Fed speak,

and then the big PCE report at the end of the week. We're seeing a rally mostly two-year through the 10-year, all rallying. The 10-year yields sitting, though, at 4.133, and the 30-year yields a little bit elevated. Ahead this hour, the CEO of Corweeb joins us. That stock up more than 200% since its debut just in March.

We'll talk in Vida, demand for A. Ahead this hour, the CEO of Corweeb joins us. That stock up more than 200% since its debut just in March.

We'll talk Nvidia, demand for AI, and much more.

Plus, we will discuss the tech news of the morning as Oracle names new leadership,

replacing Safra Katz as CEO.

But guys, as we kick off the week, you're going to hear a lot of Fed speak.

And the big question is, where does the Fed go from here after we got that first rate cut?

I thought this chart was interesting.

It shows that we have the Fed projections, right?

They put out all their dots, all their predictions about where they think rates are headed.

This is how different the market and the Fed sees interest rates by the

end of 2026. The market thinks there's going to be a lot more rate cuts than the Federal Reserve.

The Fed is an orange. That's their forecast from the so-called SEP or dot plot. And you can see,

it's higher. Markets banking on more cuts than the Federal Reserve.

We're already starting to get some commentary, by the way, hearing from the Fed President

Musalum from St. Louis. And he's speaking at the Brookings Institution and actually making

some interesting comments, I would say more hawkish comments.

Obviously he said he voted for the 25 basis point cut as a precautionary move to support the labor

market, but also warned against going too far without, you know, easing at this juncture.

So, you know, not necessarily a lock on more rate cuts. The median dots show

two more cuts for by the end of this year, but six of them didn't see any more cuts by the end of

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