9AM HOUR: Remembering 9/11 25 Years Later, Inflation Watch, Oracle's AI-Fueled Rally 9/11/26

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Jim Cramer (0:56)

It's Jim Cramer here. You're listening to the opening bell of CNBC's Squawk on the Street. Don't miss a minute of the action.

Carl Quintanilla (1:03)

This morning, we remember a tragic day in our nation's history. 25 years ago, the 9-11 terror attacks killed almost 3,000 people, including 2,753 New Yorkers. Good Friday morning. Welcome to Squawk on the Street. I'm Carl Quintanilla with Jim Cramer, David Faber at Post 9 of the New York Stock Exchange. We're going to remember 9-11 all morning long, even as we do keep pace with the markets. Equities are responding to some relief in oil prices. CPI running a bit hot on monthly core. Odds of a Fed hike next week, now 92%.

We'll begin, though, of course, with remembering 9-11. David, you were on set that day. And even for the past decade plus, we've sat at this desk, remembered it every year. There's an entire generation that's grown up with no active memory of it. And it's important that we tell them that story.

David Faber (1:50)

Yeah, I think, like a lot of people, of course, you also just stop for a moment and think, wow, a quarter of a century has gone by, and yet I think so many of our memories of that day are as clear as they were in the immediate aftermath of the tragedy that occurred then. So yeah, I remember it extraordinarily well. Obviously, this day of memorial, I always remember the people that we lost, that I knew personally, and the 343 firefighters, actually, is the ones I always think of as well, just the bravery and the tragedy.

Jim Cramer (2:29)

I was out down here across the street at 14 Wall, and I remember that it was dark, and it was snowing, the lockdown, because it was snowing, and we didn't know what it was. Some of it was research, some of it was the obvious. And look, it's with it, with the everyday.

Carl Quintanilla (2:50)

It's an important day. We're going to be watching a series of events this morning. There's a look at the Pentagon. We do expect to hear from the president later this morning. And then in lower Manhattan, moments of silence, both there and here at the New York Stock Exchange, coming up in about 18 minutes or so.

We'll keep an eye on that. Interesting, really good piece, Jim, by John Bussey in the Journal today, looking at the broader geopolitical fallout that came not so much from the day, but our response to it, and the ways in which that took arguably the country's focus off of other elements of geopolitics.

Jim Cramer (3:27)

Right, I mean, it was just the reverberations, people, but there's, you know, there's three, one, 34.5 million, 35, 4.5% of people weren't alive or dead.

Carl Quintanilla (3:38)

Yes. Here's a moment of silence. This marks 903 when United 175 hit the South Tower.

SPEAKER_7 (4:27)

Joshua David Birnbaum, George John Bishop, Chris Romeo Basundat, Jeffrey Donald Bittner.

Carl Quintanilla (4:38)

As they recite the names of the victims, let's take a look back at at least how our network covered the attacks 25 years ago today. We begin with a look at the late Mark Haynes.

Mark Haynes (4:49)

I'm sorry, I'm going to interrupt you right now. We have what appears to be a very serious... Is that the World Trade Tower?

Carl Quintanilla (4:56)

Yeah.

Mark Haynes (4:56)

This is...

David Faber (4:57)

Mark, a plane hit it? They think so.

Mark Haynes (5:01)

This is one of the towers of the World Trade Center in Manhattan, which is clearly heavily involved in a smoke situation, and one would assume there is fire.

David Faber (5:13)

Mark, I heard from somebody who spoke to someone in the building. They just called me and they said they were told to evacuate and that they were told that a plane had hit the building.

Mark Haynes (5:25)