Good Friday morning. Welcome to Squawk on the Street. I'm Carl Kintania, live and post night of the New York Stock Exchange, along with Sarah Eisen,

joining us today from Pebble Beach, California at City's annual Tech and Media Conference. A lot to come from Sarah in the next couple of hours. meantime markets and about another 1% decline here on the NASDAQ pretty milder on the S&P but putting a tough week to bed with a little more losses, 10-year-round

4-1. No jobs number today, of course, because of the shutdown. Speaking to which, Goldman

Sacks, Chief Economist, Dion Hontzius will be with us anyway with a warning about the economy,

saying it's the worst the jobs markets looked in 50 years outside of a recession.

And I've got a great lineup coming your way from Pebble Beach here over the next two hours.

This is where you want to be at a tech conference when it's been a bumpy ride this week.

You'll hear from Citigroup CEO, Jane Frazier, IBM CEO, Arvin Krishna,

Altimeter Capital CEO Brad Gershner, and Palantir CEO, Alex Karp.

I mean, some of these companies at the center of the storm questions about high valuations,

whether all the AI spending is going to be worth it, what is the right price to pay?

You'll hear of a lot of answers over the next few hours from some of these folks, Carl,

really at the center of it.

Very big names, Sarah.

Looking forward to that.

Getting some consumer sentiment data, let's get to Rick Santelli on this Friday.

Hey, Rick.

Yes, Carl, just hitting the wires are November preliminary view of University of Michigan Semen and the accompanying inflation indications.

Headline number comes in light. 50.3, very light.

We're supposed to get a number 53.

Our last final look was 53.6.

50.0 would be the weakest since, well, the all-time low, which which was 50 and 50 came in at June of 22.

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