It's Jim Kramer here. You're listening to the opening bell of CBC's Squawk on the Street. Don't miss a minute of the action. Good Tuesday morning. Welcome to Squawk on the Street. I'm Carl Kintanilla with Jim Kramer, David Faber, Post-Nine of the New York Stock Exchange. Earning season kicks into a new gear today with Boeing, UPS, GM, American. UNH is knocking the wind out of the Dow on these proposed Medicare rates.

And the Fed meeting begins 10-year near 4.5 quarter. Our roadmap begins with this flood of earnings this morning.

We'll get to GM posting a profit beat and a nice div hike, UPS, and some defense names, also making moves.

Health insurance stocks are tumbling in the pre-market this after the Trump

administration proposed keeping Medicare advantage rates pretty much flat next year. And that news

a double whammy for United Health, also issuing some guidance that investors are not particularly

taken with. Boeing's quarterly sales jump almost 60%. C.O. Kelly, Orkberg, excuse me, says

there is a lot to be optimistic about. He's going to explain why we'll have a CNBC exclusive

with Mr. Orkberg coming up. Let's begin with these earnings. GM's up in the pre-market. The

automaker posts a bottom line beat, issues some full year profit guidance above 25 levels.

Company also announcing a 20% div hike authorizing a $6 billion buyback. This is what Mary Barra

had to say about car sales and affordability with Phil LeBow earlier on Squawk.

Last year, we sold over 700,000 vehicles in this country with a starting price of under $30,000.

When you look at the Chevrolet Equinox, the Chevrolet Trax, the Buick and Vista, and several other models.

So I think we have affordable vehicles, we have premium vehicles, and we have true luxury vehicles and super trucks.

We have a wide portfolio, so we can meet the customer where we are

and we truly have vehicles that don't break the household budget. Jim, Auto is very much in focus today

between the EU, India, trade deal and the threats about South Korean tariffs. South Korea, I felt

it has always been the free rider here. We defend them.

They're bulwark against at one point communism, and they've had a free run of the joint.

Mary Barr has been able to negotiate that even without it.

I will tell you that I was very worried about tariffs.

...