Market moving insight and analysis.

Join Jim Kramer, David Faber and me, Carl Kintanilla,

on the opening bell hour of CNBC Squawk on the Street.

Good Thursday morning again.

Welcome to Squawk on the Street.

I'm Sarah Eisen with Carl Kintania and Mike Santoli.

Live today from Post 9 of the New York Stock Exchange.

David has the morning off. Stocks are hanging in there quite nicely despite another hot CPI report, another inflationary read that came in a little disappointing on the upside.

You've got strength in a lot of groups, materials, consumer discretionary, technology, financial, staples, industrials, energy, utilities, and communication services.

They're all up right now.

The only ones that are down are real estate and health care.

The S&P 500 up a quarter of a percent, adding to the weekly gains.

The NASDAX up now more than 1% for the week.

Treasury is also catching a bid, despite that warmer PPI report.

And we are seeing yields come down a little bit from their elevated levels yesterday,

though the 10-year note yield is importantly still above that 4.5 level, which we did break higher

yesterday on the stronger inflation number.

It's a very busy day in Washington, D.C. We've got a House budget markup, got a White House appearance on tariffs, Prime Minister Modi of India, and this, Robert F. Kennedy Jr.'s final Senate confirmation vote to be at Health and Human Services, set to begin at 10.30 Eastern Time. We'll bring you the latest when we get that later this hour. And we've got a lot of movers. 30 minutes here into the trading session. Here are three that we are

watching. Cisco in the green, beating estimates, reporting revenue growth for the first time in

four quarters. Full year guidance also coming in above expectations. AI, a bigger part of that story.

Shares of app lovin surging, the company which helps developers make apps for

mobile devices, but is really now just becoming an advertising company, beat on the top and bottom line,

...