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The Latest Breaking News from Verizon

Dow Jones Rises, Tech Stocks Slip As Snap Crashes 33% On Earnings

The Dow Jones Industrial Average rallied 150 points Friday, as Snap stock crashed more than 33% on weak earnings and sales results.

Investors Business Daily

Verizon Stock Falls As Earnings And New Wireless Subscribers Miss, Guidance Cut

Verizon fell as the telecom lowered 2022 EPS guidance and reported Q2 adjusted earnings that missed estimates as it added fewer wireless subscribers than expected.

Investors Business Daily

Verizon Stock Slumps After Q2 Earnings Miss, Profit Forecast Cut As Subscriber Growth Disappoints

"We are determined to improve our operational and financial performance for the second half of the year,” said CEO Hans Vestberg following softer-than-expected second quarter earnings.

The Street

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U.S. Stock Futures Edge Lower; Verizon, Twitter Earnings in Focus

Pre-open movers

Benzinga

Far-right OAN loses its last major cable carrier as Verizon Fios drops channel from line-up

One America News Network ‘failed to agree to fair terms’ with telecomms giant

The Independent UK

OANN’s contract with Verizon, its last major cable carrier, set to expire July 30

The ball appears to be in Verizon’s court.

Tribune News Service

Can Flat Revenue Trajectory Aid Verizon's (VZ) Q2 Earnings?

Verizon Communications Inc. (NYSE: VZ) is scheduled to report second-quarter 2022 results before the opening bell on Jul 22.

Benzinga

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Will T-Mobile Regain Postpaid Phone Bragging Rights From AT&T?

Can T-Mobile grab back bragging rights from AT&T as the leader in postpaid phone subscriber additions in the wireless industry?

Investors Business Daily

Here Are Warren Buffett's Favorite High-Yield Dividend Stocks

Warren Buffett's Berkshire Hathaway Inc. Class A (NYSE: BRK-A) lists numerous dividend stocks among its holdings, with the highest-yielding companies returning at least 3%.

Benzinga

Stick With These 3 Profitable, Recession-Proof Stocks

The stock market has been experiencing heightened volatility due to record-high inflation, increased possibility of drastic interest rate hikes to bring prices down, and growing recession odds. Amid the uncertain market conditions, it could be wise to invest in profitable stocks TotalEnergies (TTE), Verizon (VZ), and Crescent Capital (CCAP) to…

StockNews.com

Why Telecom Stocks Are Outperforming S&P 500 As Recession Looms

With a possible U.S. recession looming, Verizon, T-Mobile and AT&T may continue to outperform the S&P 500. At least that's the spin coming from some Wall Street analysts.

Investors Business Daily

Verizon And 2 Other Stocks Insiders Are Selling

US jobs report for June is scheduled for release at 8:30 a.m. ET. Analysts expect a 270,000 rise for nonfarm payrolls in June, compared with a better-than-expected 390,000 growth in May. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Institutions Just Traded Millions Worth Of Amazon, Verizon Stocks On Dark Pools: What Does It Mean?

At 9:12 a.m.

Benzinga

AT&T and Verizon delay 5G rollout near airports... again

The Federal Aviation Administration worries the new C-band 5G would interfere with air travel.

Input

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The Street

TheStreet.com's AAP Team: Bullish & Bearish

They like a blue-chip telecommunications stock, but are negative on a blue-chip media/entertainment stock.

Benzinga

10 Biggest Price Target Changes For Wednesday: Verizon, PayPal, Kellogg, Dow, Bed Bath & Beyond, Booking And More

RBC Capital cut Verizon Communications Inc. (NYSE: VZ) price target from $57 to $54. Verizon shares fell 0.9% to $50.22 in pre-market trading.

StockNews.com

Wells Fargo Adds These 2 Stocks To "Recession Portfolio"

In the face of surging inflation and fears surrounding an economic slowdown, Wells Fargo has named Verizon Communications (VZ) and The Coca–Cola Company (KO) among the stocks it added to a portfolio to combat the current market slump. Let’s take a close look at these names.

Salon

Tumblr's enduring appeal

The social media platform defies categorization or a defined purpose, which might explain why it also persists

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The Independent UK

Verizon, AT&T delay some 5G service over airlines' concerns

Verizon and AT&T won't power up some wireless towers near airports until next summer to give airlines more time to make sure the new service won't interfere with planes

AFP

Deal reached on US 5G antennas near airports: FAA

New York (AFP) - The Federal Aviation Authority said Friday that mobile operators ATamp;T and Verizon have reached an agreement with airlines for the gradual deployment of additional 5G antennas around US airports.

Benzinga

Verizon Slashes Broadband Prices For Domestic Mobile Users By 38%

Verizon Communications Inc (NYSE:VZ) slashed its home broadband price to $25 a month for wireless customers in select areas where its Fios fiber network and wireless internet service are available. Verizon will launch the plan in over 2,700 cities to customers with premium 5G mobile plans to help them beat the inflation. The…

Benzinga

AT&T Braces For Possible Price Hike Citing Inflation Woes Shortly After Verizon

AT&T Inc (NYSE:T) could hike mobile-service prices again to ease the impact of the surging inflation, Bloomberg quotes CFO Pascal Desroches. Inflation pressure is outrunning cost projections, Desroches reasoned. "We're seeing inflation in labor, supplies, energy, and transport. So we're keeping an eye on it," Desroches said at an investor conference. Also Read: This…

The Conversation

Tumblr's enduring appeal reveals the potency of the web's cultural memory

When tech billionaire Elon Musk made a deal to acquire Twitter in April 2022, many Twitter users threatened to shut down their accounts and migrate elsewhere online.

Chicago Sun-Times

Unwanted cellphone surprises: American travelers abroad getting hit with mystery data charges

Travelers have been reporting that their cellphone carriers have hit them with multiple, mysterious, $10-a-day international data charges even after they turned off their cellular data and used only Wi-Fi for calls and texts.

Benzinga

Here's Why This Analyst Found MongoDB Well-Positioned For Further Share Gains

The financial analyst day, product sessions, and customer discussions at MongoDB, Inc (NASDAQ:MDB) World in New York increased confidence in Piper Sandler analyst Brent A. Bracelin. Bracelin found MDB well-positioned for further share gains within the $78 billion+ database management systems market. The combination of new product enhancements, including Atlas Serverless, Relational Migrator tool, and…

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