It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.

Don't miss a minute of the action. Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Kintenea with Jim Kramer, David Faber, post nine of the New York Stock Exchange. Bowls remain on the hunt for some fresh all-time highs as Besson floats a potential half-point rate cut. Small caps come off one of their best days of the year,

ten years back and off to about four and a quarter, VIX with a year-to-date low.

Our roadmap begins with the White House's push for lower rates. Treasury Secretary suggests the Fed should consider a half-point in September.

Also ahead, Corweave's hot post-IPO rallies taking a bit of a detour in the pre-market,

despite guidance and quarterly revenue that exceeded analysts' estimates.

And speaking of IPOs, bullish is set to go public right here at the Big Board,

the crypto exchange pricing its offering above the expected range.

It's CEO Tom Farley.

No stranger to this building, by the way. He's the former president of the expected range. It's CEO Tom Farley. No stranger to this building, by the way,

he's the former president of the NYC, is going to join us right here at Post 9. Let's begin with stocks looking to extend their record run. Jim yesterday, the action definitely suggests when you

look at the small caps that the race for a rate cut is getting, picking up some steam.

Yesterday is really it.

An amazing day because people were split about how hot or cool the CPI was.

But then suddenly, this wave of people just determined that it was not only cool, but perhaps

we even could get a 50 base point, which I think is a little fantasy.

But I saw stocks ignite when I saw the financials go crazy.

David, I know it's a little controversial, but what financial just exploded yesterday?

Rocket mortgage.

Goldman's, gosh.

Yeah, all-time money yesterday. Come on, guys. Rocket mortgage was up to J. Hey, hello, Mr. J. uh... rocket mortgage golden so much

yeah all time on yesterday

...