wondering what the were built in the past. 5 years and the reason i was able to come back to a verizon wireless need talk a little further out, some stuff, those have those shop shut. the length of our folder might end up hosting, but in addition to dc truckload fitness cables. good. did ye? yes. sure ma'am, yeah, no worries, saw me godaddy. you can bring up the parcel and i need your support in general price. but over the summer, it's only about 2 girls that should, that none of them have a gift on the phone. so from the buffalo ottoman that works for me as parts of the support for her, she's going to send us the most important, those technical stuff. i was, i kind of shortly, not sure why didn't know shipping the virginia for you. mm hm. we're more long or short, but again, you know, what i mean, some of the benefits really where to take care of you to do here just invested in universities and if they didn't move a mazata is the i q and 5th of on there's a, there's dental vision do you that me give me about 4 months to think on site? 80 something on it that would cause me to do that yet, but

citi upgrading at&t and verizon to buy. the wirelessarket is showing signs of stabilizing and it should help the operating performance. still picks t-mobile as the top pick. >>> ubs upgrading oracle to 140. ubs is confident that oracle is carving out an edge in the gpu and cloud infrastructure. that should be enough to attract new customers. shares are up 2.5% in pre-market. >>> and morgan stanley downgrading farfetch to equal. it says high volatility and limited path for a catalyst makes it difficult to be overweight on the stock in the medium term. shares down 2%. >>> time for the global briefing. shares of apple are moving higher in the pre-market as the company prepares to challenge a $2 pa$2 billion lawsuit. apple has hidden defective batteries in software updates. >>> and toyota halts operations at 12 plants due to a computer error. it doesn't believe it was caused by a cyber attack. >>> and shares of byd are surging. profits jumped 200% compared to a year ago. byd is the biggest china auto brand and counts warren buffett as the b

to a note from citi with a bull call on a pair of fell telecom, at&t and verizon, pointing to an improving landscape in wirelessk it all down is julia boorstin. they still prefer t-mo but interesting note. >> they do prefer t-mobile to verizon and at&t but they are upgrading both to a buy. i think what's interesting here is this commentary about a stabilizing competitive landscape. for so long, all of these telcos were in price wars. as one lowered the prices, the other felt pressure to as well. there was a lot of churn, a lot of movement of consumers between these different players. what this analyst note is saying now, because these price wars have stabilized, because there isn't as much movement going on, they are seeing lower levels of churn, which is obviously helpful to maintain that subscriber base for a longer period of time. another thing i want to point out is they talk about uncertainty around these -- the lead exposure and litigation. they say positive litigation outcome, so that would mean anything from minimal to just managed remediation of these above-ground lead pipes would mean that verizon and

if you're a verizon customer horizons says customers with. >> specific legacy, unlimited postpaid wireless. >> are going to see their rates go up $3 and the basic wireless plans are going to go up by $5. verizon says the new pricing better reflects the value. the customers are. so the cdc got to pay for it. customers have been notified about this and the change is apparently going to start in the september billing cycle. >> 8.25 is the time. meanwhile, federal data shows that about 30 million americans are unable to pay their energy bills, but only a few are actually receiving the help that's out there for them when it comes to the summer bills, the federal data finds less than 3% of those in need are actually getting aid from the low income home energy assistance program, the department of health and human services says that most states run out of federal funding every year, leaving many without assistance. federal subsidy experts say that major government intervention is needed soon to prevent more people from becoming energy insecure. a 26 is the time. and up next on the kron 4 morning

citi seems to think the tides could be turning for verizon and at&t, upgrading both to buy. they say the wireless environment is starting to stabilize which helps operating margins. both stocks getting a bump today. verizon still trading near its lowest level in over a decade. at&t hit its lowest level just this -- the lowest level since the '90s, and it is not too far off, $14.73. scott? >> we're just getting started on "closing bell." coming up, capital welt planning seven simpson breaking down his latest moves. we'll reveal how he's putting his money to work as the summer comes to a close. we're live at the new york stock exchange. you're watching "closing bell" on cnbc. the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com sleep more deeply and wake up rejuvenated. purple mattresses exclusive gel flex grid draws away heat relieves pressure and instantly adapts.

and coming up on the kron 4 morning news, new wireless plan rates are coming for verizon customers.r down? we'll tell you. >> 9.55. to time. bay area american indian to spirits is announcing their 13th annual to spirit powwow. you're looking at footage from past events now in order to attend the next powell. you're gonna have to wait a little pit. mark your calendar. it's scheduled for february 10th of 2024. so next year you are welcome attend a powell committee meeting that's set for august. 28. so later this month, bates was the first ever to hold a to spirit powwow in the nation's. so that makes a kind of special. >> calling any and all artistic san franciscans. your design could be featured in the 2024 elections. you know, you are the i voted sticker. well, could be your design. so you design you submitted and you have until september 22nd to get your design in there. and then if you win, you're going to house and llars and will are all be where the little light vote stickers. the uh about that. >> it is 9.56. we're going to take a quick break. but coming up on the kron, 4 morni

. >>> a billionaire is close to a deal barring any snags a merger would create a wireless company rivalling verizon, while echo star is half of that. >>> and then take a look at where this stock is, 3%. the company reported better than expected in profits. and a private equity giant looks at more. good morning, tom. >> good morning, andrew. good to see you. >> what did you think of the earnings we started to see an uptick in the stocks and a bit of a turn around in the businesses of a number of these streamers? >> it was a different tone than what bob iger took in his cnbc interview. this was much more we have great programming, we have many windows to exploit it through, including a lot of licensing the legacy business we think will get a bit better on the advertising side, and the streaming path we are on is fine they are clearly doing the best they can with the hand they have been dealt it's not a great hand. it's hard to argue paramount will have the scale it needs to overcome the legacy decline, the legacy media business decline it's facing. >> are all these folks in media land, they have a ch

verizon customers. the company says customers with specific legacy, unlimited postpaid wireless plans.e'll see their rates go up $3 while the basic wireless plan will increase by $5 fries and says the new pricing better reflects the value. its customers are receiving. customers have been notified within the last few weeks and the changes are going to start during september's billing cycle. soft serve on the go. ice cream cups are now part of a nationwide recall after a listeria outbreak. 19 states sell this real kosher ice cream, including here in california. so far there are reports of 2 people going to the hospital after eating this ice cream, the brooklyn based ice cream company says they have temporarily shut down production of this product. everyone, though, should be checking their freezers. if you have one of these, you should throw it out or return it where you bought it for a full refund. coming up here at 3 o'clock, the new rules for gun owners and makers going forward. >> plus, it's day one of the outside lands music festival. so we'll take a look at what can expect if you'r

the top wireless carriers have lost billions in revenue. at&t, tmt and verizonost nearly 5 billion is over the past 12 months compared to the previous year, it is not just smartphones. the world's biggest pc maker missed profit estimates for the second quarter, underscoring the debt of the global downturn. >> let's talk about missing expectations. we are going to pivot away from europe because abby is wiping out more than 13 million, perhaps 20 market values, falling over 30 over 40% on the trading day after missing the first half revenue estimates. for more on the dust payment causes and company, and the competition that's right over here in the united states, we are joined sir jacob. a brilliant conversation to have with the both of you. first and foremost, you cover the company from a real focal point over there in amsterdam. what do you make of these numbers? why is it such a shock, this focus of growth is there profitability. >> right, so i did report earnings for the first half that this estimate is on both revenues and margins. it boasted the slowest net

verizon customers. the company says that customers with specific legacy, unlimited postpaid wireless plans they're going to see their rates go up $3 while the basic wireless plans will increase by $5 rise and says the new pricing better reflects the value. it believes its customers are receiving. customers have been notified within the last few weeks about these changes and they're going begin during the september billing cycle. we'll take a break. it's 10. 22. and coming up on the kron 4 morning news. >> new improved railroad tracks are being laid in san leandro. we're going to hear from the city's mayor on how it10 25 is the time in new this morning. the federal judge overseeing the election conspiracy case against donald trump. >> has agreed with trump's lawyers to loosen a version of protective orders for evidence in this case. however, she did side with the prosecution about what sensitive material should be protected. the judge says she wants to keep politics out of these proceedings. she did reject the original proposal by prosecutors who said they were seeking to protect the evidence that they h

verizon and at&t are down. and don't forget the heightened level of competition from the likes of our parent company with its wirelessarter with its spectrum wireless offering as well. they're significant takers right now. they're small, still, total base customers, but they are, every quarter, adding to that, and obviously, t-mobile, on the other side, is competing as he says in attracting and outperforming in terms of building their high speed internet business, which is wireless 5g, essentially you know, fixed wireless >> well, you know, these are -- when they decide to not have -- one of the things that the authorities did -- >> wireless broadband. >> how do you like when the authorities let block sprint -- remember the t-mobile? att deal >> yeah. >> that was a very smart deal by the authorities. >> to stop at&t from buying t-mobile without a doubt. >> that was an example of, i call, first class antitrust. >> there was, from the day one, when at&t said tit wanted to buy t-mobile, there was a lot of doubt they would ever get that deal done. they did not it helped put t-mobile in business by not just giving them an

verizon. kristina partsinevelos has them. hey. >> could the tides be it turning for telecom, citi seems to think so calling them both a buy. they say the wireless is starting to stabilize helping operating margins and improve free cash flow, could support the super high dividend payouts at 7.8%. there's one big uncertainty, though, continued frisk lead exposure found in cabling around the country. verizon, that's a big part of why verizon is trading near its lowest level in a decade and at&t hit its lowest level since the aearl 90s in july about 13.43. we can see here in july. switching gears, oracle getting love from upgrade to buy with a price target of 140 bucks. analysts did their own digging and suggest oracle snapped up nvidia graphic processing units and bodes whalell for its generative a.i. applications. oracle is close partners with nvidia and oracle only 6% off its june high at $12.54. jpmorgan removing salesforce from its focus list, sticking with an overweight rating. they cite the stock 60%, about 57% year to date gains among other things like the pace of business, sluggish sentiment. salesforce is set to report after the bell. sha