record highs continues, it is the busiest day of earnings season, results from verizon, twitter, and of course, amazon intel starbucks tonight slight moves in europe this morning. the tenures has durables, strongest print in nearly three years. busiest days of earnings the ceos of dow chemicals and ceos are with us >> higher in the big market. we have more clarity on media nma as it reports to via come. >> futures in the green following a day where they all posted record closing highs. so again, it is the busiest day for earnings this season, two tech joints we're keeping an eye on, twitter. users were flat quarter on quarter. facebook beat the streak last night. boosted by greater advertising revenue for the mobile app twitter's down 10% this morning in the premarket, jim. >> i'm not one to take the other side of the trade. stock was running for heaven knows what reason. because i think the daily average users were pretty good, and i think it might be an inflection point, the revenue's been going -- let's say, we'll call it the second derivative, they've been going down less and the pr

less than 20 bucks a share. two months ago the company was acquired by verizon for $184 a share after a furious bidding war with at&t. all of which begs the question how could have the market got this story so wrong? why was straight path written off as a lowers even though verizon was willing to shell out a fortune. is verizon that stupid was the collective wisdom so to speak of the market buyer and sellers plain wrong? before we dig deeper into the question you have to understand what the company does. it's an electro magnetic speculator they gobbled up 868 licenses from the fcc which allowed the company to build out a nationwide network they charge wireless carriers for the right to used their bandwidth. they are going to be essential to the build out of fifth generation wireless networks at the same time the company owns a bunch of intellectual companies. they are aggressive about suing anyone who infringes on their patents. mainly the asset here are intangible straight path should have been one of the easy evident to understand they spoken spectrum and patents. seems pretty

an unlimited plan. it's the right plan, wrong network. you see, verizon has the largest, most reliable 4g lte network in america. it's built to work better in cities. tell you what, just use mine. thanks. no problem. all right, let's go live. say hi to everybody who wasn't invited! (vo) when it really, really matters, you need the best network and the best unlimited. just $45 per line for four lines. it's what busch is known for. what are you known for? i'm cool under pressure. what is that? a fish hook? (chuckling) golly! [sfx: buschhhhh] yogig-speed internet.me? you know what's not awesome? when only certain people can get it. let's fix that. let's give this guy gig- really? and these kids. and these guys. him. ah. oh hello- that lady. these houses! yes, yes and yes. and don't forget about them. uh huh. sure. still yes! you can get it too. welcome to the party. introducing gig-speed internet from xfinity. finally, gig for your neighborhood too. >> chris: before the break i told you about donald trump jr. may have exaggerated his crossfit time and asked you to give me a line

happen would be worth well let's call it 2,515 billion comcast should buy verizon we did get an update erngs report from at&t. >> mcdonald's expanding it's delivery program steve easterbrook is here in the house and will join us live at post nine to discuss the 787, the orders are amazing. this is a company with just a level of cash flow that people were surprised by. a couple of quarters last when people got very kpietd aexcited conference call began and the air went out of the balloon and that's not going to happen this time and the operating cash flow which is what i think has been the hall mark of this whole quarter. revenue growth instead. >> the previous ceo was fan fantastic. he is talking about a new product. and remember it's been going down when i talked to him this morning i felt terrific about it by the way, we talked about the value dollar, coca-cola at mcdonald's and howell that's done i had to of course talk to mr. easterbrook. couldn't resist but at the same time he is committed to being soft drink and water -- he's committed to being beverage. i asked him, you h

got an unlimited plan. it's the right plan, wrong network. you see, verizon has the largest, most reliable 4g lte network in america. it's built to work better in cities. tell you what, just use mine. thanks. no problem. all right, let's go live. say hi to everybody who wasn't invited! (vo) when it really, really matters, you need the best network and the best unlimited. just $45 per line for four lines. [music plays throughout] [music fades out] well? i love it. this piece is so you. i know, right? i saw it and i was just like "oh, i have to have it..." is it suede? it's suede. i love suede. state farm knows that every one those moments, there's one of these... well? i love it. this piece is so you. i know, right? i saw it and i was just like "i have to have it..." is it suede? it's suede. i love suede. that's why we're there, with renters insurance, when things go wrong... but also here, with a rewards credit card, to help life go right. state farm. meet the double chalupa. couldn't get any better? get it with a doritos locos taco, a crunchy taco, and a medium drink. the new lim

understanding of the interested players, that includes apple, google, at&t, verizon, t mobile, snap chat and spotify. that partner will help determine the final business model. presumably, a free version with ads and a premium version for subscription fee. this would sound impossible come coming from anyone else, but his four decade track recog his dec run in walt disney studios and his role as ceo of dream works, means his vision has a real shot. for "nightly business report", i'm jewelulia boorstin in los angeles. >> there's a big reason why they want to make changes. xabl tv is expected to lose more than a million subscribers in the latest quarter. if true, it would be the first quarter in which paid tv net losses exceeded the one million mark. the second quarter is weak, but the industry is also facing new competition from streaming services like netflix, hulu and youtube. >>> let's talk more about state of television and where it may be headed. thomas eagen covers the industry for the advisory group. welcome. let's start with this poss a merger between discovery and scrips. we

the same. they're not. verizon has the largest, most-reliable 4g lte network in america. it's basically made for places like this. honey, what if it was just us out here? right. so, i ordered you a car. thank you. you don't want to be out here at night 'cause of the, uh, coyotes. ok, thanks, bud. bye. be nice to have your car for some shelter. bye. when it really, really matters, you need the best network and the best unlimited. just $45 per line for four lines. o[ all cheering ]ip, there are the memories you share. she ready. she ready. yea. and the memories you don't. move your arm. that's not my arm. damn daddy. ♪ that's my girl girls trip. rated r. cindy, you don't evenno dress.ress. ♪ uh-uh, you're not going anywhere in those rags. ♪ toyota c-hr. toyota. let's go places. ( cheers and applause ) >> trevor: welcome back to "the daily show." you know, i know that it sometimes seems like all america ever talks about anymore is donald trump, but that's not true. every few weeks we also talk about some awful thing that happened on an airplane. basically, it's those two th

. not verizon or at&t in the space. then i like another telecom name, a crappy company, but i think it's too cheap century link it's merging with level three. they have awful management i'm hoping when the deal gets done, it's management fires themselves and the stock should do extraordinarily well. >> do you think the iphone 8 story is fully factored in or investors are missing something in the story >> i think over time, this next launch, which i'm thinking between now and a year from now there's still upside in the stock. i do worry about this quarter given the fact, what's next. an enormous portion of -- we know china has been weak for them they need to rebound there because that's most important job in the world >> you raised some red flags about the high flying fang stocks are you short any of them? would you? >> no, my obvious shorts are two dangerous. the right here it's not any of the fangs. occasionally, i have combined agree valuation with a negative catalyst quite often it's accounting fraud and i don't see too many opportunities there. >> paul, thanks for your time. goo

, there is energy around making net neutrality work. when you zoom into verizon, verizon has put out a really clear statement out of the company that basically said look, verizon supports net neutrality. it has been penciled in. congress should pass laws around it and cement it. so i think it is great that there is a day of action organized, and all of those things are really positive. you know, the u.s. government, companies involved and consumers involved have a chance to cement the net neutrality situation that people like, and it will go from something that was crafted quickly years ago into something that will hopefully give the country and our industry a big advantage if it is done correctly. you know, i feel good about our stance on it, and all of our brands have their own stances, which i think everyone is leaning towards net neutrality, so that is the good news. now it is up to the government and congress to make sure it gets cemented. ♪ ♪ >> the bloomberg has a model. if you look at the bottom of the screen, these are the inputs into the taylor rule model you have to fill

of several billion dollars. the share price for the major isps that includes verizon, charter, comcast, at&t. some of these are not doing very well. we could see a bump across the board if net neutrality is scrapped. yvonne: let's stay with the internet team, hong kong hosting a rise conference. sherry, good to see you. you can feel the sense of excitement from these startups. what is the mood like this year? still too early to gauge the mood at this point. hundreds of investors about to speak. i hear that they went pretty late last night. it will heat up pretty soon. i know you have been talking about net neutrality and go daddy has been very vocal about this issue. discuss we will this with blake urban. ceo of go daddy. data equalityis is so important to you and other tech firms. >> our customers are tiny businesses. most of our customers are entrepreneurs and have less than flight -- five employees. they don't have the advantages that large companies do. the great thing about the internet is that it has been the democratize or of commerce where small business can look at gi

hear me now, with verizon, but i switched to sprint. hey... are you happy that you switched? yes - their network reliability is within 1% of verizon and our unlimited plan is half what you pay with verizon for a family of four. half? that's right - it's half. you could save over $1000 in the first year! they've been ripping us off! just think what you could do with that money. i'd buy a new set of golf clubs. vacation. (vo) unlimited! $22.50 per month per line. that's 50% off verizon unlimited rates. for people with hearing loss, don't let a 1% difference cost you twice as much. visit sprintrelay.com. hi..and i know that we have phonaccident forgiveness.gent, so the incredibly minor accident that i had tonight- four weeks without the car. okay, yup. good night. with accident forgiveness your rates won't go up just because of an accident. switching to allstate is worth it. the future isn't silver suits anit's right now.s, think about it. we can push buttons and make cars appear out of thin air. find love anywhere. he's cute. and buy things from, well, everywhere. how? because our

this talk that comcast should buy verizon? >> the report from yesterday came out while "squawk" was on i think that it's not going to happen the wireless business is a terrible business. >> yes >> so the question is whether you need it streej it strategicy defensively at some point. if you look at sprint and t-mobile, do you let them merge s that a bigger bite five years from now or smaller bite i think you have five years. i don't think you have to do something right now. i do think long-term, if you own the pipe, you want a wireless option you need more of a wireless option tofrnlgt your point right now we saw they're able to raise prices still actually increase the number of broadband consumers. verizon has to lower prices. the churn is terrible. >> you don't need to be in that business >> why do that >> you don't have to you have time. >> i think time is on your side now. the problem is you never know when time won't be on your side. that's the harder part to figure out. >> what i find most interesting about this issue is actually nbc-u has a product that they could use on their ow

side, internet service providers like at&t, verizon, and comcast who largely favor less regulation. on the other side, facebook, google, netflix and other tech , giants could the hurt if the government interferes with the internet. ajit pai has been pushing it since his first day in office . we are joined to discuss why the issue is so important. alexis: reddit has been fighting for the internet here in this is something that steve and i believe in personally, deeply. that gave us the chance to start reddit in an apartment with $12,000 in the bank. and 12 years later, we have built the fourth most trafficked site on the internet. net neutrality made that possible. emily: the site costar can you have a message there. other companies are telling users to take action. google is saying today's open internet ensures that both new and established services, they have the ability to reach users on an equal playing field. do you think this protest will make a difference? -- alexis: yes. it's been great to see more and more companies come and join our ranks. a lot of people remember the inte

neutrality issues being discussed in sun valley. the ceo of verizon's internet business gives us his take. >> i think there is a lot of energy around making net neutrality work. overall i think when you zoom verizon, willie johnson put out a really clear statement. they said look, verizon supports net neutrality. it has been penciled in. congress should pass real laws around it and it is cemented. i think it is great that is a day of action that has been organized. all those things are really positive. emily: that does it for this edition of "best of bloomberg technology." next week, we will bring you interviews from the fortune brainstorm tech conference in aspen, colorado. do not miss our conversation with marty levine, instragram coo and the former u.s. commerce secretary. remember all episodes of , "bloomberg technology" are live streaming on twitter. check us out at bloomberg tech tv week days. that is all for now. this is bloomberg. ♪ ♪ david: are there many who said, i want to be the leading cellist in the world? yo-yo: in music there is no such thing as this is the greate

around making net neutrality work overall. verizon has put out a really clear statement that basically says, verizon supports net neutrality. thats been penciled in congress should pass real laws around it and cemented -- and cement it. action has been organized. i think all those things are really positive. the u.s. government and companies involved in consumers involved have a real chance to really cement a net neutrality situation that people like. i think it will go from something that was sort of crafted quickly years ago into something that will hopefully give the country and our industry a big advantage if it is done correctly. i feel good about our stance on it and all of our brands have their own stances on it which i everyone is leaning toward net neutrality. that is the good news. is up to congress and the government to make sure it gets congress-- it is up to and the government to make sure it gets cemented. ♪ ♪ anchor: the bloomberg has a of this the bottom screen, these are all the inputs into the bloomberg taylor rule model you have to fill in. how do you know which

. their clients basically are verizon, deutsche telekom. it is the cell towers and software that runs them. carol: they sold her handset business to microsoft. >> a couple of years the handset is this was doing terribly. they got out of it by selling the microsoft. carol: what happened from being ubiquitous, owning the mobile phone market, then all of a sudden not? >> the iphone happened. it happened to a lot of people but nokia was one of the biggest victims. they basically made a lot of money on these phones. they made them fairly cheaply. they were reluctant to start putting in these touchscreens, which were expensive. they either opted for a cheaper model touchscreen or not at all. people just did not want the phones anymore. even in finland. oliver: that is not good when he connected a home base. now they are basically partnering with big technology companies. is it about data services, communication services? where are they providing an essential service? >> it is basically all the stuff that happens between my phone in your phone. nokia provides that. it is the actual tran

rummage through your closet fee. who is she, verizon? are those my heels? yeah! yeah, we're the same size...in shoes. with t-mobile taxes and fees are already included, so you get four lines of unlimited for just $40 bucks each. the price we say is the price you pay. dearthere's no other way to say this. it's over. i've found a permanent escape from monotony. together, we are perfectly balanced. our senses awake. our hearts racing as one. i know this is sudden, but they say...if you love something set it free. see you around, giulia (quiet chatter) (soft gasp) (record scratching) ( ♪ ) (excited chatter) ( ♪ ) various: whoa! (mixed exclamations) ( ♪ ) (cheering) ( ♪ ) (cheering) we have a mission for you. "the first female 007 is here." i chose this life. and someday, it's going to get me killed. but not today. ♪ reach out and touch faith rated r. ah! [ bell chimes ] blue moon is a well-crafted belgian style wheat beer brewed with valencia orange peel for a refreshing taste that shines brighter. blue moon. ( cheers and applause ) >> trevor: welcome back to "the daily show."

same. they're not. verizon has the largest, most reliable 4g lte network in america. it's basically made for places like this. honey, what if it's just us out here? right. so, i ordered you a car. thank you. you don't want to be out here at night 'cause of the coyotes. ok, thanks bud. bye. be nice to have your car for some shelter. bye. (vo) when it really, really matters you need the best network and the best unlimited. plus, get the pixel, by google with no trade-in required. what should i watch? show me sports. it's so fluffy! look at that fluffy unicorn! he's so fluffy i'm gonna die! your voice is awesome. the x1 voice remote. xfinity. the future of awesome. ( cheers and applause ) >> trevor: welcome back to "the daily show." you know, i know that it sometimes seems like all america ever talks about anymore is donald trump, but that's not true. every few weeks we also talk about some awful thing that happened on an airplane. basically, it's those two things. yeah. like, remember a couple of years ago when we were all really into vampires and planking? yeah? yeah? ( laughter ) i'

! ahhh! ah! looks like you got hooked by verizon. they've been putting these everywhere. hey, aren't you the guy that use- used to ask if you could you hear me now? yeah. but i switched to sprint. because nowadays every network is great, but sprint doesn't cost you twice as much. wow! yeah i didn't even know... sweet freedom! works for me. don't get hooked by verizon and let a 1% difference in network reliability cost you twice as much. switch to sprint unlimited for for people with hearing loss, $22.50 per line for four lines. visit sprintrelay.com. $22.50 per line for four lines. visit sprintrelay.com. >>> to the index of other news tonight, and new developments in that deadly plane crash in riverdale, utah. the plane slamming into interstate 15, and all people on board were killed instantly. the 911 calls made public today, witnesses saying the plane came down before their eyes. >> there has been an airplane crash on i-15 northbound. >> a plane just went down. >> nosedived into the ground, and there's a big black cloud. it just exploded. >> none of the vehicles on the ground were

senate in new jersey past. chris christie wants access surplus funding from verizon's blue cross blue shield which is a nonprofit to go for things like rehab centers. that is the gist of the fight in new jersey over the shut down. it's appalling. >> this acrimonious nationwide and it needs to stop. we see in trenton, name, everywhere else. they just work together. small things like this. look at christie on the beach. you need to think about what this means for his party. >> that is a state park. it's one of the public's. he was actually asked about it. it was just back-and-forth over the weekend. >> that's ridiculous. >> you think some other place would lay low. >> again, not just new jersey. maine, connecticut, illinois. there's been a culture that assumes some plays in creating the giveaway and giving themselves not only to what people want, but to deal with pensions for government employees they are unsustainable. these are their obligations now coming home to roost. this isn't just the states. it is pervasive in the way governments have irresponsibly negotiated. >> the good

neutrality work. when you zoom into verizon, they have put out a clear statement. they said look, verizon supports net neutrality. it is penciled in. let congress passed real laws around it and it is cemented. i think it is great that is a day of action that has been organized. all those things are really positive. emily: that does it for this edition of "best of bloomberg technology." next week, we will bring you interviews from the fortune brainstorm tech conference in aspen, colorado. do not miss our conversation with marty levine, instragram coo and the former u.s. commerce secretary. all episodes of "bloomberg technology" are live streaming on twitter. check us out weekdays. that is all for now. this is bloomberg. ♪ >> to bloomberg businessweek, i'm oliver renick. at 66, $1 billion question surrounding industrial giant monsanto. ahead on it had -- bloomberg. ♪ >> we are here with the editor-in-chief of bloomberg businessweek,

. they are pretty much out of the consumer market, their clients are basically verizon, deutsche telekom, these big level providers. they sell the stuff that is the plumbing of mobile infrastructure. it is the cell towers. >> they sold some of their business to microsoft. the handset business and nokia was doing terribly and they got out of it by selling to microsoft. >> what happened to being ubiquitous, on any mobile phone market and then all of a sudden not. >> the iphone happened to a lot of people. nokia was one of the biggest victims of it. busily made a lot of money on these phones, they made them fairly cheaply and they were .eluctant they opted for a cheaper model and people did not want the phone, even in finland. that is not good when you can't get to home base. >> now what they are doing is a are -- is it about data services? providing an essential service? >> it is all the stuff that happens between my phone and your phone. nokia provides that. transmitter, it is the radio transmitter, it is the antenna. increasingly it is the software is degree it outweighs to more

other earnings moving whirlpool and discover financial shares around too. >>> still to come, verizon is a buyer. >> analyst said it should be bought and proposed marriage partner could rock the deal world. and $3 billion that's how high the incentive package can go for states looking to learn the new u.s. plan for iphone supplier foxcon. ahead which state has the inside track. >>> welcome back they say black rack shouldn't be valued like an asset manager, michael. it can do better in terms of revenue growth, right? >> blackrock is in the winners columns which is obviously passive investing etfs i don't think the market really doesn't recognize that, but of course, there is also the half the business which is more of an older style. margins are pressured no matter what i find it interesting. alibaba, blackrock, these are big, blue chip well-run businesses not the broken ones that they used to target. >> that's a good point and there's alibaba, 77 incompetent year >>> next, verizon shares higher today after citi said comcast should buy it. that was citing synergies and less fiber build

net neutrality work. when you zoom into verizon, they have put out a clear statement. they said look, verizon supports net neutrality. it is penciled in. let congress passed real loss around it. i think it is great that is a day of action that has been organized. all those things are really positive. emily: that does it for this edition of "best of bloomberg technology." next week we will review interviews from the fortune brainstorm tech conference in aspen, colorado. do not miss our conversation with marty levine, is the grand ceo, and the former u.s. commerce secretary. check us out weekdays. that is all for now. this is bloomberg. ♪ oliver: welcome to "bloomberg businessweek." in this weeks issue, quite donald trump jr. my find himself in legal limbo, a new strategy for goldman sachs, in the $66 billion question surrounding monsanto. all that is ahead on "bloomberg businessweek." ♪ carol: duty with megan murphy. in the economic section, you look at

, the nasdaq and the s&p may be down a bit right now but hitting lord highs, verizon, merck, boeing, disney are your dow leaders. boeing's move comes on the back of 10% gain yesterday. on the flip side, the transports are having their worst day in over a month 5% below their record high get this, just breaking a few minutes ago, adp shares, they probably make your payroll checks, soaring on news that bill ackman's pershing square is building a stake in the company. >> i'm michelle caruso-cabrera it's the busiest names of the earnings season. check out the names, verizon, u.p.s., adp, mastercard, twit to name a few lr then the after-the-bell biggies, and this is a biggie, amazon, starbucks and intel. here to take us inside the number on this latest session is bob at the new york stock exchange bob? >> important thing right now s&p was up until 20 minutes ago. i just want to show you the faang names here a little droop apple is tooling along doing great, that propped a little bit there. same thing with google take a look here you can see in the the last 15 or 20 minutes. what i see he

zoom into verizon, will johnson put out a clear statement that said, look, verizon supports net neutrality. congress should pass laws around it and cement it. there is a day of action organized, and all of those hings are really positive. the u.s. government, companies, and consumers have a chance to cement the net neutrality situation of people like, and it will go from something that was crafted quickly years ago into something that will hopefully give the country and our industry a big advantage if t is done correctly. i feel good about our stance on it, and all of our brands have their own stances, which i think everyone is leaning towards net neutrality, which is good news, so it is now up to the government and congress to make sure it gets cemented. ♪ >> the bloomberg has a model. these are the inputs into the taylor rule model you have to fill in. how do you know which is the right one? these are different taylor rule models. you can see the blue line, how the interest rate would go up if you use that model. if you use the aggressive model, he goes up even more. >> ther

dow gained 123 points. the s&p finished 17 points up >>> verizon said there's been no loss or theft of customer information despite a security breach. it affected 6 million customers. names, phone numbers, e-mail addresses and account p.i.n.s were exposed. >>> apple is opening up in china. it requires them to store data within the company. they're working with a government-owned company in china raying concerns about information being transferred. >>> a big tax break for google in france. they avoided a $1.3 billion tax adjustment imposed on google. the france government said they were required to pay the tax because the irish subsidiaries sold online services to france. but they taxable in france. >>> and united airlines is dealing with gnaw way to deal with old flights and involuntary bumping of passengers. passengers who sign up will get an e-mail with a buyout offer up to $250 ahead of fleets if their seat becomes a hot commodity. you won't be asked to change dates or airports. despite avoiding bad press, unite gets to sell your seat at a higher price. anne-marie? >> a little ex

%. in asia overnight gains across the board. better than 1%. verizon users beware. it was leaked online. peyton manning explaining his game. he hosted the espy awards making a splash by taking a dig at kevin durrant. we will bring you the highlights. adidas is out with new shoes that will certainly make you hungry. check those out. dagen mcdowell. in the former intelligence officer. great to see everybody. a lot going on. we are waiting on a belt bill from the senate on healthcare today and we already had a no. they can only afford one more know. i hear there as many as a hundred amendments that are opposed. can't to get to some sort of resolution with a can of momentum. it will be tough going. it feels at risk. i want to find out why he was a no right out of the gate. what is most problematic in this bill. with the chairman coming in. also the former head of the bank of course. they will weigh in on the healthcare bill and the cofounder of brand lists is here as well. jim grant is here. the huge balance sheet. the battle for health care reform. they are set to unveil another loo

quarter. now on the uptick. that verizoning should actually be purchased by comcast. because on that news, verizon is viewed as the most likely buyer of dish. if you had a tie up that leaves dish in the cold and citi downgrading them on this potential deal, it is interesting stuff coming out of the industry. the cable type of, telecom tie up, and it will be left standing. jonathan: thank you. making sense of the commodity market. not very much on crude. what is going on in the metals market? alix: that is what we will talk to edward morris about. i think it is positioning. shorts may be rolling out. fundamentally, what has changed? jonathan: right. it is the old story. copper up. crude running up as well, up about 6/10. coming up on the program, we will catch up with edward mor se, citi head of commodities research. we are talking about copper, crude as well. what is next for the oil market? that and more hopefully answered in a couple minutes. join us from new york. this is bloomberg. ♪ ♪ , onehan: here is the story hour away from the cash open. sentiment decent for the bulls, we are

buy some other things. >> yeah. >> better hurry on verizon. >> i had to rub my eyes when i saw a 7% gain in verizon that's having its declines kenny, when is the last time you saw a telecompany like this move i thought someone announced they are buying it after all? >> that's what feels bubbly. moves like that. boeing is up 10% i mean, those are big moves for stocks like that. >> stocks that big. >> exactfully. >> by the way, merkel a 3% upgrade and they have earnings from goldman tomorrow. richter, let's talk macro for a second we do get the gdp numbers tomorrow and durable goods numbers. what's happening right now with the economy? >> well, i think durable goods headline number really looked great, right, up is.6% and when you take the "x," transportation up.02% i was particularly unhappy with durable goods orders, non-defense and that was down .1% that's kind of the seed current, and to summarize, what i find fascinating. i don't think it's shocking that you're seeing some of the markets get de-f.a.n.g.ed. i like the way renee put it. it's wearing blinders. the equity markets ar

verizon. security firm zd net has said that up to 14 million verizon customers may have had their data exposed last month. verizon is actually challenging these numbers saying, no, it's nothing like that amount. it's closer to six million. the data was names, phone numbers, addresses, and pin numbers. now, the next step in this process will be to see whether the federal communications commission decides to launch a further investigation as has been requested by a consumer rights group. let's finish up in asia because china data or trade in north korea for the first half is being released, and it shows a 10.5% jump. imports are actually down, but exports from china's north korea rose by a whopping 30%. now, we expect this data to be very closely scrutinized by the trump administration because last week trump did, of course, say that china was so economically involved with north korea, it was hurting its ability to challenge the totalitarian regime. lewis, bough. >> gemma atkin live. thank you so much. >>> still ahead, the world of celebrities turned politicians may be getting a new name

... and the rummage through your closet fee. who is she, verizon? are those my heels? yeah! yeah, we're the same size...in shoes. with t-mobile taxes and fees are already included, so you get four lines of unlimited for just $40 bucks each. the price we say is the price you pay. i have to tell you something. dad, one second i was driving and then the next... they just didn't stop and then... i'm really sorry. i wrecked the subaru. i wrecked it. you're ok. that's all that matters. (vo) a lifetime commitment to getting them home safely. love. it's what makes a subaru, a subaru. when heartburn hits fight back fast with new tums chewy bites. fast relief in every bite. crunchy outside. chewy inside. tum tum tum tum new tums chewy bites. i'm the one clocking in... when you're clocking out. sensing your every move and automatically adjusting to help you stay effortlessly comfortable. there. i can even warm these to help you fall asleep faster. does your bed do that? oh. i don't actually talk. though i'm smart enough to. i'm the new sleep number 360 smart bed. let's meet at a sleep numbe

like verizon, ibm, cisco, nokia, and crucially the head of the fcc has also spoken out against net neutrality. those who are against it say it adds unnecessary new regulation to the internet. they say net neutrality makes it harder for internet service providers to make back the money they invested in building the infrastructure that gives people a high—speed internet. politicians, companies and the us public have up until august 16 to make their views on the issue is clear. then, the federal communications commission will make its final decision before the end of this year. in other business news making headlines, music streaming service spotify has seen its deal with sony music. spotify will restrict access to its albums on the premium service for two weeks. royalty payments other compa ny‘s largest expense. the company, which is yet to turn a profit, is said to be laying the groundwork for an initial public offering. here is another twist in the battle for toshiba's business. a temporary us court order has been granted to give access to toshiba's databases and chip samples.

-expected earnings from boeing, caterpillar, verizon, all companies reported earnings that provided some sort of earnings growth or guidance upside that led the upside for the s&p 100. joe: this week was extraordinarily busy news-wise with the earnings and the fed and everything out of d.c. one thing that is interesting is everything going on with the transports. this is a chart that you brought us. the s&p in white, the conductors in teal, and then the transports. thealk about transports in context of dow theory. what is the significance of this? when you look back historically, does weakness in the transports tell you anything? eter: what started with the airlines rolled in to some of the other transport names, trucking, air freight. typically, the bad signal because of the economic sensitivity of this group, the cyclicality of the group. transports were down 7% over the last two weeks. would point to another cyclical area and confirm rotation out of cyclicality. that is the semiconductor thing. boeing beat -- intel beat on the top and bottom line and provided upside at the guidan

see with you, lawrence. >> nice to see you. liz: millions of verizon customer records exposed due to a security lapse. here's what happened. possibly 6 million people, their phone numbers, their account pins exposed. basically a verizon contractor working in israel had uploaded it to the cloud but kept a public access open. so change your pin now, if you have one. now, verizon says no loss or theft customer information occurred. the stock closing the day in the green. the stock has been down, though, over the past month. let's get to this story. cnn calls a picture of evangelical leaders of president trump quote stunning and strange, despite many presidents praying. we've got images of that. coming up, an evangelical minister who was in the oval office meeting, he says there's nothing strange about prayer. but first, it was cuomo. and then gorka. now white house adviser sebastion gorka is giving it to cnn anderson cooper. the administration's continuing battle with cnn. we'll play you the full heated exchange after this. >> i'm just going to ignore the insults because i don't think i

speculation about their companies, verizon ceo said verizon's not merging with disney and cbs ceo says cbs is not buying lionsgate the other topic dominating the conference, politics with jared kushner and ivanka trump on the guest list and panels including one hosted by tom brokaw and an interview with cia director mike pompeo the ceos discussing what impact president trump's policies will have on their bottom lines >> if he can inch pmplement his agenda, that is a boost for the u.s. economy at a time probably that it needs it >> reporter: but others criticize president trump's policies on immigration, net neutrality and the environment >> i think it's just a joke. and hopefully it will be over relatively soon. it in-exapplicationly began and it will end. >> reporter: but he agreed that we will see more media deals i'm julia boorstin in idaho. >>> amazon posted it's biggest day. >> 30 hours, 13 countries, and it is official, amazon's rhyme day is it's biggest sales day ever amazon says sales grew by 60% over the same 30 hours last year and maybe more important, amazon says more new pr

full buyout offer >>> and verizon communications could be contemplating buying disney accordinged accordi to at from the new york "post. one source says not to count verizon out of a potential deal for disney >>> now, over the last 20 year, stocks have generally been positive during the final six months of the year with large cap tech stocks powering the outperformance dominic chu takes a look >> when it comes to the outlook for stocks at least in the u.s., it turns out the bulls may still have something to smile about at least if recent memory has something to do with it. so we asked our data partners to take a look at the best performing indices and how they do in the second half of the year and it turns out it's a predominantly winnerin intrade. if you look at the nasdaq composite, its up on average 4.3% a year in that second half of the year with a positive rate 70% of the time. also up there, the dow industrials, about 3.2% for the up 150itrade, 70% of the time and s&p 500, up 2.7% it's positive 65% of the time the russell 2,000 is the laggard, up about 2.5%, positiv only 55%

are making a run for their money against verizon and at&t. gerri: they have been buying their market share and spending a lot of dough. >> a lot of people i hang out with have been switching from verizon to t-mobile. >> i want to talk about morgan stanley and goldman sachs. there was an analyst out with contentious comments about leadership. >> morgan stanley had a good quarter at the expense of goldman. morgan stanley did well in. mick mull vai had a call out saying it was time for leadership. he went back a decade and showed top line and bottom line at goldman have not climbed higher in that time. >> this has been a period where they have done fabulous as well. >> there is a lot of those goldman sachs people in the white house. i want to talk about general levels on the market. we do keep setting records. most of people are happy but i'm anxious and nervous about what's to come. when you look at the balance of the year, in october people get anandd get antsy. >> a lot of people are concerned the healthcare package didn't go through. yet the market is reacting very favorably. i thin

. >> yesterday we were watching verizon very closely simply helped to power the dow that was a big one up. we were waiting for sprint we haven't heard from them yet down a little bit. some people wondering is there something going on in telecom in terms of the low rates that we have seen from all three of the companies that reported thus far. he went after john ledger yesterday and he came back and responded on twitter in terms of his view of the quarters and when he calls dumb and dumber and smart and smarter these days, jim but may simply be people waiting to change their service provide we are the iphone 8 i don't have an answer. >> i do think that you have to give verizon credit but even if there's more dropped calls >> that was very impressive. t-mobile is still killing it but notice the t-mobile stock is down trying to explain to john back and forth that in the end, i'm trying to not talk about the growth as much as i'm saying that the cash flow for at&t and verizon make me feel better and you can throw a dividend and is the empire strike back. it had such a very strong quarter. the

surprise i don't know why it wasn't like it was saying we're not doing well i went over that verizon conference call again. >> did you >> it's like boeing. we're not as bad as you think it lends itself to another story as well which leads to goings on about charter which is this belief that verizon needs to do a deal for content although that's highly unlikely but to your point that quarter was a good one given expectations. you don't want to go too far it wasn't the quarter they had 7 or 10 years ago when they owned the network. >> that's why john said to me on twitter that's really good, well terrific because you have 3.5 times growth i bothered david this weekend thinking this was going to be like the biggest thing ever and didn't realize that it was a non-starter. it ran so great, i thought we were going to come in here and it's just going to be battle royal. >> it's far from over. >> it was an interesting statement we got last night from charter itself so softbank now, masa is just very difficult to understand exactly other than he just wants everything potentially. >> well does

daring burglary at a verizon store in cupertino. the two suspected thieves took more than 130-thousand dollars worth of cellphones and other electronics. police say the pair disabled the store alarm and surveillance cameras before breaking in through the roof: ( darya ) tracking devices on the stolen items led police to two men. they have been identified as tan nguyen of san jose and marc tran of american canyon. they were both arrested. ( tiffany ) the white house has confirmed that president trump and russian president vladimir putin spoke for a second time at the g-20 summit... in a previously undisclosed meeting. this was in addition to their scheduled two hour meeting earlier at the summit

obviously the new york post did the story. it's pretty solid. talk about verizon taking over disney. disney is a big generator. the post did the story. i keep hearing that it's out here. it's also a combination. i will promise not to get thrown out of the conference. what are you saying about that at the very moment. it is down 147 points. . . . . ♪ liz: markets off just session lows with the dow down 155. perhaps more importantly the s&p lower by 22. that is a broader index certainly. let's go to pacer etf distributor president sean o'hara. what are you pinning the blame on for this ugly day? >> probably nothing more than part of a normal cycle. i read a ridiculous thing this morning about the german, blame it all on germany today. german bund offering was 50 basis points number, supposed said all this up. 3 basis points on yield for 10-year bond. liz: looking at pictures of hamburg, germany, outside of the g20, sean. will this cause the vix spike? we've seen the vix close at highest level since may? >> for the last month or six weeks or so everything is talking about how there i