Good Wednesday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Carl Kintania and David Faber. We are live, as always, from post-9 of the New York Stock Exchange. Coming up on today's show, is NVIDIA still the AI bellwether used to be? We'll talk about what's at stake when the company reports results in just a few hours.

Plus, CEO of EV Maker Lucid will be on with us on the back of results as questions swirl around the

future of the EV market and as the company lays off workers. And we're on Supreme Court Watch again

as we await potential decisions, including on President Trump's authority to fire Fed Governor Lisa Cook.

We don't know if that's coming today, but we'll monitor it and bring any headlines as soon

as we get them.

But guys, I have some good news.

It's a little pushback to the narrative lately and the fears lately about AI coming for all

of our jobs, coming for white-collar jobs, coming for the economy,

coming for consumer stocks, basically coming for everything.

Remember this Citrini note created a lot of fears and a lot of disruption and a lot of sell-off on Wall Street.

Well, guess what? Citadel has a very interesting note out today from Frank Flight, who's a sort of macro strategist over there,

with some pushback. And the thrust of it is that just because AI is accelerating very quickly

in terms of its technology and what it's able to do does not mean that the economy, enterprises, and consumers will be that fast when it comes

to adopting it.

And just a few charts that he highlights here that I thought were worth sharing with everybody.

Number one, rest assured, software engineer job postings are way up.

In fact, they're much higher than overall job postings.

Remember, this kind of goes against the narrative

that all the software engineers are gonna be extinct

because Claude code is just gonna do everything,

right, that we're not gonna need as many software engineers.

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