acquisition raises softbank state to 80%. sprint's stock rose 4% today and was up 37% this month.hey see the turnaround efforts taking two years. coming off of last week's dismal media earnings, universal invested in buzzfeed. nbc universal invested the same amount in box media. what does it mean for the future of digital media companies? keith, $200 million is a lot of money. i hope buzz speaking keep it out. guest: buzz feed has been innovators in bringing to digital content to the world. it is the new way things are going to operate. nbc was smart of making this investment. this is the future for ways you reach millenials. emily: you see buzz feed forming partnerships with universal, yahoo!, everyone is trying to figure out how to get people to see their stuff. guest: a lot of these platforms, they have aggregated big audiences. smartly, a of new media and new wave companies are integrating and doing partnerships because they can tap into that distribution quickly. emily: who gets the better end of the deal? guest: it is the rare opportunity where it is for both. they get a gre

olivia: one stock that is moving his sprint with news that softbank has increased its state -- its stake. that is in addition to the ceo of sprint coming out saying they will use 100% of their u.s. network for upgraded services. sprint is still a player even though it is losing money. let's take a look at some of the top headlines at this hour. housing starts hit a level that has not been seen since 2007. housing department says starts are at an eight year high while builders broke ground at a rate of 1.20 one million units, up about .2%. june cross housing starts were also revised higher to a 1.2 million unit rate. walmart, the world's largest retailer, cut its outlook as profits dropped. cheap -- chief executive spoke on the company's conference call. i'm encouraged by the improvement and recognize our bottom-line results should have been better. we have margin pressure from pharmacy reimbursement and higher shrink than we expected during the quarter. this impacted eps. meanwhile, walmart's second-quarter sales were higher than estimates. they announced they would raise the starting wa