The Nasdaq's win streak, Netflix earnings, another AI pivot and more in Morning Squawk

Stocks opened higher after comments from President Trump and a reported Israel-Lebanon ceasefire pushed risk appetite up: the S&P 500 hit a fresh all-time high and the Nasdaq recorded its 12th straight day of gains (its longest streak since 2009). Oil briefly traded near $100/barrel on Strait of Hormuz uncertainty but eased after Trump suggested the conflict could be winding down. Corporate movers included Netflix, which beat Q1 expectations and received a $2.8 billion breakup fee but fell ~10% in premarket trading amid leadership news, and divergent tech subsectors: quantum stocks (IonQ, D‑Wave, Rigetti, Quantum Computing) surged while some chip names including Taiwan Semiconductor and ASML lagged despite strong results. Retail-driven AI pivots lifted small caps — Myseum jumped roughly 130% after an AI-focused rebrand — and potential regulatory easing on peptides could benefit Hims & Hers. Overall the note frames a broadly bullish market backdrop tempered by stock-specific volatility and mixed sector leadership.