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 Friday morning. Welcome to Squawk on the Street. I'm Carl Kintiniya with Scott Wapner and Mike Santoli, post-night of the New York Stock Exchange. Kramer in favor of the morning off. Pre-market indices are going in different directions as U&H is going to boost the Dow on the heels of Buffett's

purchase, but Amat's going to hurt the NASDAQ and the semis as it guides lower and suffers some

downgrades. Retail sales were solid, good revisions. Our roadmap begins with this new bet by

Buffett, Berkshire revealing a stake in UNH. The Dow component is surging on that news.

Chips also in the spotlight this morning. Intel rising on reports the Trump administration discussing having the government take a

stake in that company.

But applied materials this morning is taking a hit on weaker than expected guidance.

Plus, President Trump on his way now to Alaska for that high stakes meeting with Russian

President Putin about ending the war in Ukraine.

Let's begin, though, with the markets.

Plenty to get to regarding single stocks, UNH, and Amen, as we mentioned.

But briefly, the macro data today, Mike, we mentioned retail sales, five-tenths, looking for six,

but still pretty good.

The control group was good.

Import prices, though, kind of throw some

cold water on the notion that exporters of other countries are eating some of these tariffs.

For sure. I mean, the retail sales with a slight upward revision to June looks like pretty

solid in general at the core level. And so the premise that the economy is in decent shape, maybe decelerated a little bit,

but not that much. Now the import price thing, it's just, this week has shown you how high the

bar is for the market to get rattled by the inflation figures given the extremity of the

shock of the payroll report that we got.

So it just feels as if the market's not going to be pulled off of this idea that September,

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