Jonathan Chaplin, New Street Research, and Colby Synesael, Cowen & Co., weigh in on Verizon's $80 unlimited data plan, and what it means for investors.
Here are some of the key stories CNBC is following this hour.
The U.S. decides to block the former Palestinian PM from leading its political mission in Libya. Verizon now offers unlimited data plans. And retired Yankees shortstop Derek Jeter and his wife Hanna are expecting their first child.
Goldman says Verizon will offer an unlimited wireless data, calls and texting plan for the first time since 2011.
As recently as January, Verizon's chief financial officer said unlimited plans were "not something we feel the need to do" even though rivals had made inroads against Verizon by offering them. But Sprint and T-Mobile recognized in unlimited data an opportunity to snare customers from heavyweights Verizon and AT&T. Its prices are similar to Verizon's for a...
NEW YORK— The latest on developments in financial markets:. In deal news, Zeltiq Aesthetics soared 13.2 percent after agreeing to be acquired by Allergan, which makes Botox, for $2.5 billion. Phone companies fell after Verizon announced an unlimited data plan.
The carrier will offer Verizon Unlimited, which costs $80 for an individual line or $45 per line on a four-line family plan.
Verizon is bringing unlimited data back, in the form of an $80 plan, or $45 for multiple lines.
The "Fast Money" traders share their final trades of the day, including Pandora, Freeport-McMoRan and more.
President Trump said on Thursday he will present details about his tax plan in the coming weeks. Here's how Wall Street is getting ready.
The market has priced in the potential positives coming from President Trump, but very little of the negatives, Ernesto Ramos says.
U.S. equities fell as worries about the White House's policy agenda lingered, while earnings season continued.
It's every cell phone provider on Twitter for themselves, The Verge reports.
Backchannel writes about Odyssey, an online platform that its creator believes could become the "Facebook or Instagram of user-generated stories."
The FCC was investigating T-Mobile's Binge On free data program to determine whether it unfairly favorited certain services.
The good news: the 2016 earnings recession is now over. Now the hard part starts.
It could be because AT&T, Verizon, Sprint and T-Mobile need something from the Trump Administration, Recode reports.
Earlier this week a report claimed Verizon was exploring a deal with Charter that would unite the two giants.
CNBC's David Faber reports the latest on the potential merger talks between Verizon and Charter Communications.
Shares of Charter surged on Thursday after a report that claimed Verizon is exploring a combination with the company.