Market Insight and Analysis. You're listening to the opening bell of CNBC, Squawk on the Street.

Good Thursday morning. Welcome to Squawk on the Street. I'm David Faber. He is Jim Bramer. He's just getting seated.

We were looking at some things. The word of New York Stock Exchange Stock is huge course right here at Post 9. Carl's on assignment.

And futures are trading now and the market opens a half hour from now.

We're looking for yet another higher open at the very least after some very strong days.

Certainly if you were bullish, they have been.

Our roadmap does begin with the return

of those records for the S&P 500 and the NASAC. The tech heavy index, by the way, notched its

11th straight day of games yesterday. Plus that SpaceX payday, we're going to have a look at how

Alphabet's investment could soon be worth more than $100 billion in the company that is soon to come public.

And Oracle shares, man, they have been on quite a run.

Popping again in the pre-market, it's a 25% gain so far this week.

All right, let's get right to the markets, of course, closing at those record highs,

some of the year's biggest laggards leading the charge this week.

And Oracle's one of them, of course, but so many others, your thoughts on this Thursday morning, Mr. Kramer.

This is the complete revenge of the software companies, whether it be service now in Salesforce or whether it be Oracle and, of course, Microsoft.

And the question is what's real and what's not, what's oversold and what's really taking off.

And I'll tell you, you mentioned Oracle.

Oracle is the one that makes people feel, you know what, this is all fine.

It's going to happen.

Oracle was a bridge too far.

Not unlike I don't want to conflate too much,

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