Sprint is lining up a buy of T-Mobile that could be worth up to $50 billion, it's the latest deal in a series of consolidation plays in the technology industry that could have broad sweeping impact on the Internet and on how data is consumed daily. Plus, a slew of earnings are on the way, including Ciena, J.M. Smucker, and after the bell, Diamond Foods -- which is up in advance of the open. Finally, Jim Cramer has liked the auto sector all year and he's bullish on Johnson Controls still, today. He's looking to generate value in its auto interiors business, and says the company's going to make a run on good auto sales news.