Verizon rises on hedge fund bets

9:15 AM ET Fri, 16 May 2014

Warren Buffett's Berkshire Hathaway, Dan Loeb's Third Point and John Paulson's Paulson & Company, have all added new stakes in Verizon Wireless. The "Squawk on the Street" news team discuss the bet on Verizon, and Carl Icahn adding to his position in Apple.