Verizon Communications is set to report its Q2 2026 earnings with analysts expecting an EPS of $1.27 and revenue around $35.16 to $35.31 billion. The company is undergoing major restructuring, including selling 274 stores and cutting over 13,000 jobs to streamline operations. Despite challenges like high 5G costs and competition, Verizon maintains a strong dividend yield of about 6.5% and projects free cash flow of at least $21.5 billion for 2026. Investors will watch closely for updates on financial health and strategic direction amid these changes.
Verizon has opened preorders for Samsung's new Galaxy Z Fold8 and Z Fold8 Ultra foldable phones, along with Galaxy Watch9 and Watch Ultra2, starting July 22. Customers can access flexible payment plans with promotional credits, no trade-in requiremen...
In Q2 2026, AMD outperformed due to strong AI data center demand boosting CPU and GPU sales, driving record revenues. Verizon shares declined amid significant restructuring charges and pressure on defensive stocks. Coca-Cola benefited from its strong...
Wall Street is preparing for a volatile week with major earnings reports from Big Tech companies like Alphabet and Tesla, which are seen as key tests for the AI-driven market rally. Over 70 S&P 500 companies, including IBM, Intel, and American Expres...
