verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. >>> people keep asking me if they should sell everything in the rumored recession, the one the experts can't stop yakking about but you know what? if you're really worried about slowdown and if today's report doesn't make you nervous and the bond market has you jumping, the last thing you should do is sell everything instead, you might want to look at the slow down stocks and even if you agree that a recession sun like is unlikely, you should own something because that's how you stay diversified this is where i come down. you want to own something defensive with real internal catalyst that should drive the stock higher regardless of what happens in the broader economy something that gets an extra boost from a sl

about customers, we feel trust with customers, i think we'll be okay. >> let's say i am a verizon customer, which i am, and verizon has chosen zoom to be a partner. do i go to zoom? do i go to verizon i want to use you for my football fantasy league. >> verizon is a wonderful partner of ours. you can go to zoom and also verizon already had a huge installment base they can resell zoom to their installer base either way is okay you will get zoom service. >> 96% year over year growth these numbers, people are going to be saying, well, the stock is getting hit. it's not because you're slowing down, it's because of the way the stock market works, right? there's not some sudden slowdown people asked me, zoom, something must have gone wrong at zoom that's not the way it works, correct? >> i think it's so i know how to build a product. i know how to manage a business. i have no idea about stock price. in a lot of ways i think as we have happy customers, i think the stock price will follow. again, we look at long-term shareholder value. >> i'm glad you mentioned that word because there's a

country. now if verizon 5g can do this for the nfl... imagine what it can do for you. for farmers here, this is our life's work. but when a recall happens, perfectly good food goes to waste. now, we've got away around that. looks good. we're on target. blockchain on the ibm cloud helps pinpoint a problem anywhere from farm to shelf. it's used by some of the biggest retailers everywhere. a nice wedge. so more food ends up on your table, is that daddy's lettuce? yeah. and less food goes to waste. ♪ ♪ >> hi, mr. zuckerberg, how did the meeting go today what was the message today can you assure lawmakers your platform will not be manipulated ahead of the election? did you talk about breaking up facebook >> that voice, she was trying to chase down zuckerberg, he may have rudely brushed her off who i thought was more than polite asking those questions he was more than happy to meet with the president the president tweeting this photo calling it, quote, constructive this was zuck's first appearance on capitol hill since he testified over a year ago. comes as the social networking backlash

the nasdaq hopefully this hour. in a few moments, ceos of verizon, qualcomm sit down for a conversation about 5g. we begin with peloton. for that, bertha coombs, our eyes and ears today. >> a lot of eyes and ears. in a down market, the company priced overnight at the high end of the range had been looking for between 20 and $29 a share, 26 and $29, priced at 29, raising $1.1 billion, making it the seventh overall biggest deal this year to go public it has been a rough and tumble ride for unicorn brand name ipos, the ride hailing companies lyft and uber struggled, lyft having seen a new low just yesterday. slack also having seen a new low yesterday. smile direct that went public two weeks ago seeing a new low, down 38% from its debut. among the only ones of the big stellar names that's higher from its ipo is pinterest that one is up 45% the market continues to be ver cautious on these deals as they go forward the price at the top is certainly encouraging for the company and for the nasdaq which has seen a large number of ipos this year, some 50 ipos, raised more money initia

if you compare to verizon, for instance, it has been underperform versen in the field focused world we live in would you rather. >> oh. >> love how she did that. >> snuck that in. >> verizon which would be more of a pure play telecom or at&t which is now a hybrid? i mean, i don't know how you compare that. >> that's a great question it's not apples to apples in in case i'll tell you, this is what i would say, is i would actually sell at&t on this news. >> oh. >> up 29%% for the year. this is probably the move that you were looking for elliott is in there agitating. something is getting done. you probably sell this. >> you didn't say buy verizon. >> he didn't play the game. >> what do you mean i didn't play i gave an answer. i gave an answer. >> i'm in. >> how did i not play the game. >> i'm going to let that go. >> i will let that go. >> we're doing graphics if there were graphics i'd play the game. >> i didn't need graskts. >> i need graphics when you say something to somebody and they say i doept disagree with you it's var to what bb.k. >> he is not embracing this. >> to opheim ti

verizon, ibm and qualcomm to talk about that 5g is going to enable in the enterprise not the consumer which we talk about, which is very important for the likes of a verizon, but more for the enterprise. it is a few years away something else that came up in the conversation that we had yesterday was also this idea of who is ahead so much of what goes on here in the business community is that the efficiencies that are going to be created, the new industries will be created as a result of 5g and the enterprise will be of national significance and there is the question, are the chinese ahead of us or not ste steve mollenkroft, here is what he had to say. >> they're going at it with a lot of intensity what is different this time around is the speed to which the chinese are deploying relative to the leadership that maybe established other places in cellular, launching verizon or japan and then it might be several years before you get a tremendous amount of intensity with deployment in china not the case this time you're seeing a lot of deployment intensity early on. it is always m

to and through retirement. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. hey. you must be steven's phone. now you can know who's on your network and control who shouldn't be, only with xfinity xfi. simple. easy. awesome. . >>> welcome about a back to "fast money. biopharma breathing a sigh of relief after senator mitch mcconnell warned nancy pelosi that her drug pricing plan would be dead op arrival in the senate what could it mean for the drug pricing battle obviously the drug makers liked the news. >> they should i think big cap pharma last weeks have been difficult for eli lilly. and merck. the all time high 130. that's where it's headed valuations are not stretched the space had a bull's-eye injury that's now gone. >> i don't want to have to be f

it. he has people that worked in verizon stores, delivering pizzas, working at vista equity partners making multiples of what they made before. one salesman making a quarter million, had been working at verizon. opening up opportunities in that way. i talked to him about what some call the war on wealth now, and what he thinks the message should be about, and he really talked about capitalism, the importance of opportunity and people going out there, building businesses like ping identity and opening up the opportunity for that >> something that langone, r robert johnson and others would argue for as well. i wonder if he believes the white house has his back on this >> we didn't talk specifically about the white house, we talked about technology though and his moves in tech, including ping identity i asked him, he said a couple years ago he had never lost money on a buyout deal i asked is that true, he said it is that string continues. ping identity is the latest. i talked to the ceo about that company's debut as well. take a listen. >> we're cash flow positive on an unlevered basis,

verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. >>> should you upgrade or should you switch those are the questions facing android users and iphone users these days is iphone's latest version enough >> both of you wrote reviews which i read this morning. it sounds to me like you are saying it is another step ahead in the race here if you gotten your android phone, you are not going to switch here. you guys seem to like a camera a little bit more than you expected based on your initial take of the event. >> the cameras definitely a big upgrade here whether whatever phones you are coming from i did a lot of comparison testing which are the main people upgrading iphone 6 and iphone 7 my take away, the main reason upgrade here is battery life that i think

ameritrade. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. >>> welcome back to "closing bell." time for word on the street. berenberg initiating on some airlines today the firm citing free cash flow opportunity for both american and delta but sees headwinds from the 737 max uncertainty for united and southwest. >>> kbw downgrading bank of america citing deteriorating economic and rate outlooks this comes after raymond james also downgraded bank of america last week. >>> morgan stanley out with a note on apple. they saw its largest month-over-month acceleration since 2015 i'm more interested in this bank of america note. the same comment i made with the raymond james downgrade, there's nothing new here we've all been well aware of bank of america's relatively hig

investing to feel individual. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. >>> cowelcome back toll brothers broke out to a new 52 week high bank of america upped its price target and that call sent the options market into a frenzy >> yeah, so this is interesting. usually you don't see this sort of activity on a broker. but it may go twak whback to wh was saying about playing offense. total options volume 15 times average daily volume most was in calls. and today traders were buying calls right out of the gate when the stock was 39 bucks the stoct 49 a buy of 8,000 for 43 krepcents. and they appreciated a lot let's go to the charts look at the one day chart, like kelly just said, new 52 week high look at it on a two year basis t the 40ish level was kind

to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. ♪ ♪ i've been a caregiver for 20 years. no two patients are the same. predicting the next step for them can be challenging. today we're using the ibm cloud to run new analytics tools that help us better predict and plan a patient's recovery. ♪ ♪ ultimately, it's helping thousands of patients return home. ♪ ♪ >>> welcome back to the halftime report. i'm bob pisani. time now for etf edge. energy etfs are on the rise after a coordinated attack on saudi arabia's oil supply taking out half of the oil output and causing the biggest spike in brent crude prices in history. what's an etf investor to do here joining me now,

to your advisor or consultant at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. (classical music playing throughout) i'm not really a, i thought wall street guy.ns. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade >>> welcome back to power lunch here philip morris surging af

, capitalizing on 5g we have an exclusive with the ceos of verizon, qualcomm. facebook, gm and a lot more en weomba ce ck.h a new level of privacy and security. daily cash you get back every day. and no fees. not even hidden ones. oh, and if you happen to be somewhere that doesn't accept apple pay yet, there's this. nice. ♪ when i needed to create a better visitor experience. improve our workflow. attract new customers. that's when fastsigns recommended fleet graphics. yeah, and now business is rolling in. get started at fastsigns.com. >>> david faber at the nasdaq today. my colleagues are down at the new york stock exchange. we're awaiting the open of peloton here at the nasdaq that's not why it was here but it's always interesting to be at the same place where the ipo will open. let's get to "the mad dash." jim, take it away. >> yeah. very exciting news if you own stock of beyond meat mcdonald's is testing a plant-based burger in canada i talked to the ceo this morning. this is a dream come true. he is confident that people will like it. of course, it's his. he is talking about m

on worldwide exchange when we return. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. >>> the fed out with new numbers when it comes to the trade war and here's a hint, not looking so rosy for u.s. growth. he's out with new odds for a recession. the next 12 months you'll hear him and get reaction on friday september 6th as you're watching worldwide exchange right here on cnbc >>> exactly 5:30 on the east coast. thanks for joining us. we had a good week for stocks and we could continue that today. dow futures not up nearly as much the last couple of days coming off of yesterday's big day but we are up nonetheless. about 70 points right now. yesterday's small cap, large cap, medium cap, big tech, all bouncing 1.5 to 2% and now the major index is making

futures as well this morning we have an opening bell, ten minutes from now at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. ♪ that's where i feel normal. having an annuity tells me my retirement is protected. learn more at retire your risk dot org. >>> we had four straight days on the dow. s&p hasn't moved last couple of days futures weak here. we'll get the opening bell in just about eight minutes through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from using feedback to innovate... to introducing products faster... to managing website inventory... and network bandwidth. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. when didwhen i needed t

billion when verizon is at 10 billion. there is a lot of verizon versus these guys there was the disastrous funding of t-mobile, with a breakup fee. >> incredible. and should have known going in that that had very low likelihood of occurring, 2011, when at&t did try to buy t-mobile and enticed them to the altar as a result of this enormous break fee they were willing to give them to help put them in business you're right there are plenty of ex-at&t employees out there that can help elliott elliott has been working on this for as much as a year. to your point earlier, they have had some conversation i believe with mr. stephenson, but unclear. and, carl, now the president actually weighing in on an activist situation >> he is commenting on the stake. mostly through a lens of politics and media there is a look at his tweet about at&t is an owner of cnn, more interestingly, though, i wonder what you think it says about hedge funds willingness to go elephant hunting to some degree a lot of talk about high cash balances over at berkshire, different story obviously. but maybe some are s

show off their new electric vehicles erience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. my mom washes the dishes... ...before she puts them in the dishwasher. so what does the dishwasher do? cascade platinum does the work for you, prewashing and removing stuck-on foods, the first time. wow, that's clean! cascade platinum. . >> welcome back to "street signs. the trade war between the u.s. and china continues to rock the car industry recording the sharpest decline something to a near record low joining us life from the frankfurt auto show. slowing demand for the world and now potentially tariffs from the u.s. >> well exactly, that's the case geopolitical challenges very much on top of the agenda here when it comes to the immediate profit out look and sales outlook. if there were more sales, this would hamper

premarket this morngni can you guess what it is we will tell you after the break. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. >>> welcome back to "squawk box. lululemon, do you remember that chart that we just showed you? that's what it was surging yesterday. sales in the online menswear business ceo calvin mcdonnell says the company plans to double its presence in china by the end of the year compared to 2018. joining us -- good morning to you. >> good morning. >> what happen here? how did this happen? >> they are doing what few other retail remembers doing right now. innovating and better than anyone. >> the innovation of men's wear -- he becomes -- >> a zipper on my back pocket where my wallet goes. >> that's an innovation. >> the athletic space i

e*trade and start trading today. don't get mad. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. liberty mutual customizes your car insurance, hmm. exactly. so you only pay for what you need. nice. but, uh... what's up with your... partner? not again. limu that's your reflection. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ >>> iowa state fan carson king's request for beer money on national television has resulted in millions of dollars of donations, recognition from the state, backlash over his old tweets, and now the firing of a journalist eric chemi joins us now to make sense of it all. >> pretty good summary it's a complicated story with a lot of twists. let's start at the beginning 24-year-old carson king became a viral

individual. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. "have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go. at national, i can lose the wait...and keep it off. looking good, patrick. i know. (vo) go national. go like a pro. hey. you must be steven's phone. now you can know who's on your network and control who shouldn't be, only with xfinity xfi. simple. easy. awesome. >> mr. zuckerberg how did the meeting go to. >> what was your message to lawmakers mr. zuckerberg can you assure lawmakers that your platform will not be manipulated ahead of the next eek? did you talk about pos

right here "worldwide exchange" will be back right after this. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. the riskiest job. the consequences underwater can escalate quickly. the next thing i know, she swam off with the camera. it's like, hey, thats mine! i want to keep doing what i love. that's the retirement plan. with my annuity i know there's a guarantee. annuities can provide protected income for life. learn more at retireyourrisk.org ♪ >>> all right. breaking news, oil prices are spiking and equities are falling, following a weekend attack on saudi arabia's oil supply. >>> on strike. uaw members walking off the job at general motors. we've got a live report from detroit. that's coming up. >>> and it's official. oxycontin maker purdue pharma

. we are bk tea icbrk.acafr quk ea ♪♪ ♪♪ ♪♪ at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. >>> markets and headlines. ayith 24 1 st wus when did you see the sign? when i needed to jumpstart sales. build attendance for an event. help people find their way. fastsigns designed new directional signage. ...and got them back on track. get started at fastsigns.com. but we're also a company that controls hiv, fights cancer, repairs shattered bones, relieves depression, restores heart rhythms, helps you back from strokes, and keeps you healthy your whole life. from the day you're born we never stop taking care of you. >>> amazon under fire. the tech giant's new sneaker bearing a similar design to auburn's flag ship product, the wool runner. we tested out both here

for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. oh, wow. you two are going to have such a great trip. yeah, have fun! thanks to you, we will. aw, stop. this is why voya helps reach today's goals... ...all while helping you to and through retirement. um, you guys are just going for a week, right? yeah! that's right. can you help with these? oh... um, we're more of the plan, invest and protect kind of help... sorry, little paws, so. but have fun! send a postcard! voya. helping you to and through retirement. hey. you must be steven's phone. now you can know who's on your network and control who shouldn't be, only with xfinity xfi. simple. easy. awesome. >>> with apple and disney streaming services about to start, bob iger stepped down from apple's board >> reporter: jon, the depart ur is a sign they're at war th

nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. i'm not really a, i thought wall street guy.ns. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade but we're also a company that controls hiv, fights cancer, repairs shattered bones, relieves depression, restores heart rhythms, helps you back from strokes, and keeps you healthy your whole life. from the day you'r

involved. it's a very cheap stock. i actually prefer verizon. they've been better in terms of executing in the 5g play, so that's the one i would go with at this point. >> okay. let's broaden out and discuss all of the markets we are trading essentially flat at the moment. s&p in the red, dow in the green. let's bring in cnbc contributor rich bernstein from richard bernstein advisers good afternoon to you. richard, we were talking at the top of the show about whether or not that global macro data had at least bottomed, even if it's not looking particularly rosy yet. what's your take on that >> well, wii think, will, it depends on where you go around the world. surprising to many investors, if you look at leading indicators which are very, very important as opposed to coincidence or lagging indicators, some of the strongest leading indicators in the world are actually in china. they're not here in the united states, they're in china and they have some of the strongest of the major economies so if you look at europe, you'll see leading indicators look kind of blah. look at japan

. liberty. liberty. liberty. ♪ at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. tv aas many safety features powas the rx, the new...... the lexus rx has met its match. if they're talking about you... you must be doing something right. experience the style, craftsmanship, and technology that have made the rx the leading luxury suv of all time. lease the 2019 rx 350 for $399 a month for 36 months. experience amazing at your lexus dealer. >> welcome back to "squawk box." big ipo today peloton under the ticker pton. i got an exclusive tour of the control room to see how the fitness startup transforms a studio class to an at-home experience you may get to see me on a bike now. take a look. ♪ you are building your own hardware and software. what was that about

own it already i may be inclined to buy some at these levels >> mike, thank verizon much. >>> up next, the final call. see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade i'm not really a, i thought wall street guy.ns. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. th

coming up. coming up. powell and trading at verizon, we're building the most powerful 5g.xperiechose verizon.a.that'sl because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. plants capture co2. what if other kinds of plants captured it too? if these industrial plants had technology that captured carbon like trees we could help lower emissions. carbon capture is important technology - and experts agree. that's why we're working on ways to improve it. so plants... can be a little more... like plants. ♪ but we're also a company that controls hiv, fights cancer, repairs shattered bones, relieves depression, restores heart rhythms, helps you back from strokes, and keeps you healthy your whole life. from the day you're born we never stop taking care of you. there's one thing you can be sure of. they're changing by the nanosecond. that's why cognizant created a unique en

. if you look at that particular etf, we're down 17%. look at the overall market in china verizon the s&p 500. that particular move, it's a pretty big divergence. the orange lines, 18% for the s&p 500. that gap is getting wider. as we talk about the trade war, wilfried, seema, does it come down to the u.s. market versus the chinese market and what does it look like it looks like the chinese market right now is playing a little bit of catch-up to what's happening in the u.s back over to you guys. >> dom, thank you. and i believe you own chairs of alibaba. how does this report change your thesis alibaba the the dominant online retailer in china, with, i believe, about two-thirds of market share would this actually affect its ability to grow? >> it's a good question. i even recommend it on the show, because it had gotten clocked in june over trade worries. when you look at their fundamentals, the trade concerns are not going to affect it listing is another matter. it could make it a little hard to own here, but we have to look at the ownership base, which this just happened today it's not

vitamin aisle in stores everywhere. prevagen. healthier brain. better life. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. you should be mad at airports. excuse me, where is gate 87? you should be mad at non-seasoned travelers. and they took my toothpaste away. and you should be mad at people who take unnecessary risks. how dare you, he's my emotional support snake. but you're not mad, because you have e*trade, whose tech helps you understand the risk and reward potential on an options trade it's a paste. it's not liquid or a gel. and even explore what-if scenarios. where's gate 87? don't get mad. get e*trade and start trading today. >>> five minutes left of trade. >> i have two. first one is housing i talked about lenar we missed the breakout phm

verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. so, every day, we put our latest technology and unrivaled network to work. the united states postal service makes more e-commerce deliveries to homes than anyone else in the country. e-commerce deliveries to homes liberty mutual customizes your car insurance, hmm. exactly. so you only pay for what you need. nice. but, uh... what's up with your... partner? not again. limu that's your reflection. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ >>> a looke ed at crude down a dollar we expect more intel on the attacks from the saudis today. we'll get the opening bell in about six minutes. for farmers here, this is our life's work. but when a recall happens, perfectly good food goes to waste. n

mortar retailers later on closing bell at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. ♪ >>> millions of protestors joining a global strike for climate change diedra has more in san francisco. >> we are right in the middle of a protest. thousands of bay area students and supporters have marched right now in the heart of san francisco's financial district they are calling for urgent change, urgent action on climate change they're chanting, they have signs. this is a nice sort of san francisco touch. these bikes here are actually powering the speakers that you hear on stage. now it's not just students, but tech employees are getting in on the action, too. thousands of employees from twitter, amazon, google, microsoft and beyond are also demanding change ag

♪ along the byway ♪ much more ♪ much more than this ♪ i did it my way (announcer) verizon is america's most awarded network and the only one with the galaxy note10 5g. right now, when you buy one, you get a galaxy note10 free. that's verizon. what do you want me to do? i need you to give me some direction. paul: work with craig on a temporary lease agreement. lemonis: you want me to work a deal out with the landlord so it lets parlour off the hook? yes or no? paul: yeah. lemonis: great. no. the licensing fees have not been paid, and there's termination letters that have been sent out, and while i'm not permitted to lock the door, i am permitted to actually yank the signs and all the trademarks. your license agreement here is terminated today. i can't do this anymore, and this is, like, making me crazy. the challenge that i have is that i have 750,000 bucks invested in the brand, and if i want to preserve my investment i don't think i have a choice other than to chase buena park and try to reopen it myself. look. i wish mike and paul a ton of success with brea and riverside be

perfect too. i say congratulations to all contestants. pretty darn good stick with cramer. e verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. (classical music playing throughout) i can. the two words whispered at the start of every race. every new job. and attempt to parallel park. (electrical current buzzing) each new draft of every novel. (typing clicks) the finishing touch on every masterpiece. (newborn cries) it is humanity's official two-word war cry. words that move us all forward. the same two words that capital group believes have the power to improve lives. and that, for over 85 years, have inspired us to help people achieve their financial goals. talk to your advisor or consultant for investment risks and information. talk to your advisor or consultant - [spokesman] if you've tried colleg(group cheering)shed, snhu lets you transfer up to 90

player working with the likes of verizon and at&t and i bet you've never heard of it i reveal the name when iturn i tonight's homework all your calls rapid-fire in tonight's edition of lightning lilg we'll do a week that was, cramer ghtning. we'll do a week that was, cramer (classical music playing throughout) that's where i feel normal. having an annuity tells me my retirement is protected. learn more at retire your risk dot org. >>> the last couple months have been absolutely brutal. >> the house of pain. >> for the formerly red hot cloud stocks especially if they have the misfortune of reporting bad results. zscaler, the cloud-based enterprise software play one of the best performers from the iphone claip class of 2018. 89 in late july. it ran straight into a concrete retaining wall the market got hammered and rotation out of the cloud plays and just as they started to bounce zscaler reported a solid quarter but underwhelming guidance and the stock got steamrolled plummeting from 61 to 49 in a single session. this has been devastating but luckily the company had a chance to cha

about verizon talking about teleco i think despite a at&t had the rally some spills to verizon. the core business is a live but the media business has more value than people hink. >> hi this is going in the best of tim reel. final trade, oracle. injury it's down tomorrow but if it's down a lot more down i think that nan $2 now it's an opportunity especially if it's down on the mark hurd news i think it's a great company not expensive. >> dan. >> yes, the apple plus pricing not only hit netflix but disney yesterday. that's one as we get into the fall you see momentum about that story. to me i think you can by that here and i think you want to use a 130 top is to the downside near term. >> guy adami. >> aren't you a terry fan one of the great "fast money" guests. >> a loyal view sfleer a loyal viewer >> great day to have him on. >> great day lyft i understand some of the headlines have been negative but you are getting decent news out of california. the quarter was good, back three or four weeks. lyft. >> that does for us we'll see you back here tomorrow at 5:00 jim cramer begins in a

opportunity, it's certainly compelling it's a company with a better set of assets than verizon today with margins 5 or 600 basis points lower, with growth that's been significantly lower for years. that's where we see the opportunity. the challenges are going to be dealing with the issues of the directv business and potentially down the road with time warner i think there are structural challenges there that will be difficult to address even with good management. >> so that's the question, jonathan if you're sitting in the corner office of at&t today, what are you thinking >> so if i was in the corner office of at&t today, to be honest i'd be looking at breaking up the company back into its three constituent parts. i honestly don't believe that there are synergies between the wireless business, the tv distribution business and the media business i'm assuming that's not on the table as a potential strategic remedy, at least as of this point. i see the opportunity in the wireless business really being capitalizing on the position they've got and starting to deploy whipping out a lot of inef

. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. >>> "options action" strategies from the street's top traders. new opportunities to profit from the market's hottest trends. "options action" >>> hey there. live at the nasdaq in times square the guys here getting ready for a big show here is what is coming up. >>> industrials, building games. but are they doing so on a weak foundation >> games only you can build. >> carter worth gets into the nuts and bolts of it then -- >> pick up the phone and start dialing! >> yep, it is iphone season. if you think apple has another hit in its pocket and trade war is working their way into the rearview, dan nathan has a strategy dialled in. and -- lululemon stock was off and running right after earnings. >> follow that rocket. >> keep your pants on. don't go

. sixteen. so many steps. you done? a million steps ahead. servicenow. works for you. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. . >>> welcome back wave got a news alert back at hq back to meg tirrell with the details. >> with more details on the billionaire sackler family behind purdue pharma the new york attorney generals saying it's tracked about a billion dollars in wire traverses by the family including through swiss bank accounts this is important because the new york attorney general's office continues to pursue litigation against the family and purdue even as the company said it reached a settlement with thousands of cities and counties and states. but the states that don't agree with the massive settlement say they may go after the family the n

can get hbo for free it's a marketing ploy. it doesn't move the needle. >> verizon stock has done better verizon has held up as the model that at&t should have pursued. >> it's unclear whether -- >> do we not think of yahoo and aol? those were the two stupidest acquisitions verizon -- >> they were much smaller but -- >> smaller but huge at the time of course. >> and what have they been written down to? >> yeah. >> so -- >> one's -- the content things that verizon bought -- >> wireless isn't going to get you there. >> but if you go back to hbo max and streaming, they're looking at $15 a month i mean, at this point the apple tv is -- plus is going to be $5 a month. >> that was stunning, by the way. disney is -- >> huge. >> they're trying to -- >> are those subsidized. >> $7 a month with that massive amount of content. >> right >> so all the other streaming services, i mean, basically disney is trying to be a category killer. now apple comes in and says we're going to undercut you. it's really -- >> everybody >> does anybody want to bet on the idea that hbo plus or max can turn into

reaching dreams and chasing them at the same time. ♪ chasing them at the same time. at verizon, we're building the most powerful 5g experience for america. that's why the nfl chose verizon. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. >>> this is what i do. for more than 22 million people in 13 countries, so far have been helped by water.org they've partnered with major companies. joining us now to discuss their partnership, carlos bredo, ceo of anheuser-busch inbev and gary with water.org we talked about episodic tv. we've been following this with you and matt damon the actor and the efforts to make a dent in what's a global problem still, and that is access to clean water. last time we had the stella partnership. this is a continuation of that, right? >> yeah. yeah absolutely this is how we're reaching millions of people around the world. the partnership

happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. ohthere weren't enough hours in the day to maintain are old data center. so we made a twelve a fifteen. three extra hours. but that really doesn't add hours to the day. yeah it does, look. i'm not sure it works that way, but at cdw we get that time is precious. so we'd access your needs then design a nutanix enterprise cloud. to give you more time to grow your business. yeah that's better. hey we still on for lunch at 15 o'clock? you bet. for private cloud solutions you need nutanix and it orchestration by cdw. here, hello! starts with -hi!mple... how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! [ camera clicking ] wifi up there? -ahhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, discover at your xfinity store today. . >>> it is 5:00 am here wall street looking for nek fut. one reason may be a g

your recommendation of verizon and twilio they made me over 10% if that's nice thank you. >> caller: well, listen, the question tonight is i got in on ipo day at 38 and the stock has been trading down with earnings coming out tomorrow on chewy should i cut my loss or wait for earnings to -- >> we think chewy is a great concept so you don't want to trade in and out and flit when it comes to chewy. do i know if this quarter is good or bad? i have no idea but i do like the concept very much. let's go to jerry in illinois. jerry. >> caller: hey, jim, boo-yah >> boo-yah, jer. >> caller: as a former marine we say hoorah. >> thank you for serving >> caller: in early august you recommended health catalyst, that recently launched an ipo. so you're very high on their strategic plan that provides a complex analytics to their health care industry which sounded promising to me as well. so after doing some of my own research and after the stock dropped from its high of $49, i took a minimal position of 45.10. >> okay. >> caller: but early in august the stock dropped $33 from 27 -- 27% decline. si

recent terms of verizon and at&t >> i do say, corning, some people say it is so-called -- there are different issues at corning. a lot of people, say, listen, tied in with a ed id in with ap. it is fight club you can't ever say the first rule of working with apple, you can't mention apple's name it is just not good. it is where -- i think about it, this is the area of tech that you have to worry about. there will be other preannouncements this company is not alone. >> okay. we'll keep an eye on it when we get that opening bell, less than eight minutes from now still to come here this morning, bob bakish, the ceo, of course, of the combined viacom and cbs after the merger is complete we'll talk to him. >> and alex gorsky >> the ceo of j&j here to do some honors as well. live from post nine at the new york stock exchange. experience the style, craftsmanship, and technology that have made the rx the leading luxury suv of all time. lease the 2019 rx 350 for $399 a month for 36 months. experience amazing at your lexus dealer. should always be working harder. that's why your cash automati

certainly plenty of people who would take issue with the fact their network is superior to verizon's, in terms of the way verizon optimizes for wireless and the fact that a lot of theirs comes from warner you can feel better about everything with the low rates, in terms of the companies to refinance and lower interest payments, which is only a good thing. >> right and the fact is there's $28 billion worth of ipos in one day last year. >> speaking of ipos, there's headlines on the we work ipo i wanted to share some insight certainly it's a name that we've been waiting for to potentially hit the market they're starting to obviously sell they're not coming next week we can't expect that to be the case the valuation targets are continuing to decline in terms of at least what i'm hearing from -- oh, i didn't bring my pad with me. my notes but what i'm hearing is the demand is not there at this point at even 25 billion >> oh, boy >> there's a bloomberg headline that said 20 to 30 even at 25 right now, there's not going to be a great deal of demand it's going to be interesting to see where wewo

home, you mean? sue: yeah. i get my verizon shut down every month. lemonis: the reality of it is, the situation's bad. sue: oh, yeah. -lemonis: right? -sue: mm-hmm. lemonis: the good news is, we'll figure it out, because what i know for sure is that i saw a lot of customers come through. this is an institution. we just have to figure out how to make money, okay? sue: yeah. okay. gary: we have a beautiful office. lemonis: and so, this is all new? you built this building from scratch? gary: yeah. lemonis: after meeting with sue downstairs, i'm a little confused about the numbers now that she's passed them off to larissa. i want to get them all together so i can clearly understand what the numbers really are and what the company really needs. gary: i have a picture over here of what the old building looked like. lemonis: that one's, like, one you want to just take out of your memory. how did the fire start? do you know? -gary: they don't know. -lemonis: what do you think? larissa: well, we had a fire in our warehouse. lemonis: so, wait a minute -- there was two fires? larissa: yes.

happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. you should be mad they gave this guy a promotion. you should be mad at forced camaraderie. and you should be mad at tech that makes things worse. but you're not mad, because you have e*trade, who's tech makes life easier by automatically adding technical patterns on charts and helping you understand what they mean. don't get mad. get e*trade's simplified technical analysis. >>> welcome back "fast money" we have earnings armt on pet supply company chewy. fall in the after hours for more let's hit head about a back to quarterbacking for chemy and chew. >> chemy and chewy chewy beating on top of bottom lines but the public looking for more chewy ceo came on cnbc earlier talk talk bag the growing in the e-commerce space and riding the macrowave. >> if you go back three to five years, the online penetration was low single digits. coming out of this year it's probably you know in the mid-teens. if the research is correct -- and i believes it because we remain bullish

the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. when i needed to create a better visitor experience. improve our workflow. attract new customers. that's when fastsigns recommended fleet graphics. yeah, and now business is rolling in. get started at fastsigns.com. it's an honor to tell you that [ applause ] thank you. liberty mutual customizes your car insurance so you only pay for what you need. i love you! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >>> well, it is here the highly anticipated smart phone from samsung is here it has the heftiest price tag, $2,000 it is getting largely positive reviews, though concerns over the durability remain. let's look for ourselves joining us with the phones on set, joanna stern, and ed beg. light touch, don't get it wet. can i feed it after midnight >> only every other day. >> so it is expensive, the first attempt from samsung, they pulled back in april because it was breaking do you get the sense this is durable or failing that, are they going to give me a replacement if

misperception or a misread from the market overall this is not about apple verizon disney or apple versus netflix or roku. this is about a complete transformation of how humans on planet earth watch content and they're going to watch it on streaming services and we should be talking about how fast cord cutting is going to accelerate when you get 200 million people around the world are going to have access appletv plus without paying for it disney is pricing far cheaper than anyone thought. if you signed up for d23, they'll price it for $6.99 that's what sent disney's stock up, the low price. each of these services is coming in everyone thinks at netflix at $12.99 is far cheaper than the value they get out of it think about it, the price of getting a cable subscription is over $100 a month. this is the real transformation. when you look at what comcast has done, they've been really innovative in leaning in and getting you access to all of these services without having to leave the comcast set-top box. that's probably where the future is headed, meaning, you sign up for a service and