Dan Schulman

And Verizon reported its strongest third quarter performance in wireless customer additions in five years, more than twice what analysts were looking for.

It's a sign that the first year of Chief Executive Dan Schulman's turnaround plan is bearing fruit.

And taking a look at futures this morning, they are higher as crude oil retreats from a six-month high and investors await a busy slate of big tech earnings for a steer on the artificial intelligence trade.

We're also awaiting a Federal Reserve interest rate decision this week.

And Verizon reported its strongest third quarter performance in wireless customer additions in five years, more than twice what analysts were looking for.

It's a sign that the first year of Chief Executive Dan Schulman's turnaround plan is bearing fruit.

And taking a look at futures this morning, they are higher as crude oil retreats from a six-month high and investors await a busy slate of big tech earnings for a steer on the artificial intelligence trade.

We're also awaiting a Federal Reserve interest rate decision this week.

It was more than twice what analysts were looking for.

It's a sign that the first year of Chief Executive Dan Schulman's turnaround plan is bearing fruit.

And stocks are beginning the week on a positive note as crude oil retreats from a six-month high and investors await a busy slate of tank earnings for a steer on the artificial intelligence trade.

And we also have a Federal Reserve interest rate decision coming up this week.

You know, Verizon today is improving, especially compared to the last decade or two.

I think this is directly because of Dan Schulman.

He said a year ago that he said when he joined the company that he set out to transform Verizon and that today that they're reporting another record-breaking quarter and that's great based on the old wireless model he also says that the spacex starlink wireless threat is still eight years away and while that may be true investors do not know how long it's actually going to take.

And the bottom line is it is a real threat.

If they continue to do that, and Verizon never paid attention to that.

They always were the most expensive, and they always wanted to be the most expensive, and that's who they were going to be, and that was it.

But going forward under Dan Schulman, they're actually moving forward.

So I'm not worried about Verizon today, the next couple of years.

Yeah.

I mean, Dan Schulman went on to actually on the call to add some real numbers about what he thinks.

It's going to take a minimum of four to six years to fully build out at least what he says is going to be a real competitor in terms of their backhaul needs, their combination of fiber, maybe some satellite.

And he says it could cost them hundreds and hundreds of billions of dollars, somewhere between $300 billion and half a trillion over the next seven to eight years.