Shares of major telecom companies Verizon, AT&T, and T-Mobile dropped after news surfaced that SpaceX, led by Elon Musk, might launch its own mobile phone. This potential move has caused concern among investors about increased competition in the mobile phone market. The development could disrupt the current telecom landscape if SpaceX enters the market, but details on timing and strategy remain unclear.
Alphabet Inc officially joined the Dow Jones Industrial Average, replacing Verizon Communications. Alphabet's shares rose about 5% on the news, reflecting the index's shift toward large-cap tech and AI companies. Verizon, which had been in the Dow fo...
BT Group and Verizon Communications are combining their international operations into a 50:50 joint venture valued at around $4 billion. The new company will serve over 3,000 multinational customers across 180 countries, focusing on secure, cloud-fir...
BT Group and Verizon have agreed to merge their international enterprise operations into a 50:50 joint venture, creating a global connectivity platform for over 3,000 multinational customers across 180+ countries, generating about $4 billion in annua...
A $50,000 annual income from a $1 million portfolio can translate into very different spending power for retirees depending on tax rates, Medicare premiums, and inflation. Qualified dividends in low-tax states preserve more income, while REIT distrib...
Verizon Communications will announce its second-quarter 2026 earnings on July 24, 2026, with a webcast starting at 8:30 a.m. ET. Investors can access the earnings release and financial details from 7:00 a.m. ET on Verizon's Investor Relations website...
