Early investors had a chance to make a killing during the buildup, but now that 5G is here, on an unstoppable roll from coast to coast, there are still incredible opportunities to profit.

Earnings declined both sequentially and year over year, mainly because the company adjusted tax benefits in both historical periods.

December E-mini S&Ps (ESZ14 +0.69%) this morning are up +0.65% at a record high and European stocks are up +2.03% at a 1-1/2 month high after China cut interest rates for the first time in over 2 years.

Marvell misses on revenue, up after hours.

September E-mini S&Ps (ESU14 -0.10%) this morning are down -0.11% and European stocks are down -0.90% as investors lighten up positions ahead of speeches later today from Fed Chair Yellen and ECB President Draghi at the Fed's annual symposium in Jackson Hole, Wyoming.

Yesterday, we were beyond amused when we reported that the market's response to rumors of Zillow's $2 billion take over of Trulia was not only to push Trulia stock higher by $500 million but send the market cap of incomeless, EBITDA less Zillow higher by $1 billion.