Good Thursday morning. Welcome to another hour of squawk in the street. I'm Carl Kingtonia with David Faber.

Courtney Regens here at post nine of the New York Stock Exchange. Sarah Eisen has the morning off. A little bit of squirly action to start this Thursday. S&P's already been in and out of the red a few times. Right now down about a tenth of a percent. Dow with a gain of about 10th, a 10th as well. Busy morning, of course, as we react to

Nvidia earnings, deer, snow,

and a bunch more. Yeah, it's a fun morning to get to be here. We're 30 minutes into the trading session. Here are three movers that we're watching, among others. But Nvidia, of course, is front and center. Shares are racing all pre-market losses after another record quarter will break down the numbers and what it means for the broader market in just a moment.

Results out of China names, Baidu and Pinduoduo, Baidu posting better than expected results, but revenue down 3% year over year.

While PDD missed revenue estimates on weak consumer spending, both stocks, as you can see here in the red, PDD down almost 9% Baidu, down by more than six.

And another day, another new all-time high for Bitcoin with crypto-related names riding this rally. MicroStrategy now nearly doubling on the month. More on the crypto trade, of course, is coming up. All right, we've got some economic data, though, that's just crossing the tape. We'll get to Rick Santelli and Diana Ollick. Let's start with Rick.

Thanks, David.

Yes, this is the leading economic indicators for the month of October, down four tenths of a percent,

a little more negative than we were anticipating.

It follows it down three-tenths that originally was released at down half a percent.

What's notable here is that this is the 32nd consecutive month without a positive integer.

The last positive number was all the way back in Feb of 22.

This is the weakest month-over-month change with respect to leading indicators going back to April of this year.

And we do want to point out something in Philly Fed this morning.

There was a special question.

What do you see the inflation rate over the next four quarters?

The response?

3%. Last time the yes in August, it was 2.8%.

We also have more data coming out.

Existing home sales for the month of October. And for that,

we go to Diana Olet. Diana? Well, Rick, those sales in October rose 3.4% to a seasonally adjusted

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