Verizon CEO Dan Schulman encourages other CEOs to be transparent about job losses caused by artificial intelligence. He highlights Verizon's $20 million fund to help workers transition and retrain as the company cut 13,000 jobs last year. Schulman views AI as a transformative era, comparing it to historical innovations, and urges workers to embrace its potential despite the challenges. This openness contrasts with other CEOs who focus more on AI's job creation potential than on layoffs. Experts predict AI will reshape many jobs, with some roles eliminated, signaling significant workforce changes ahead.
Verizon is reaffirmed as a Buy due to its attractive valuation and a high forward dividend yield of 6.66%. The company raised its full-year 2026 earnings per share guidance to $4.95–$4.99, driven by strong net additions in postpaid phone and broadban...
Payments company Stripe and private equity firm Advent International jointly offered to acquire PayPal for $60.50 per share, valuing the company at over $53 billion, a 28% premium to its recent closing price. The offer, backed by about $50 billion in...
HSBC downgraded Verizon stock to 'Reduce' due to concerns over competition from SpaceX's Starlink entering the U.S. mobile market. Bernstein also lowered its price target, citing long-term threats to Verizon's profits and growth. Analyst Jim Cramer e...
Verizon has introduced the Gizmo Watch 4, a new kid-friendly smartwatch designed to enhance child safety with features like real-time location tracking, watch removal alerts, and soon, severe weather notifications. The watch integrates with the Veriz...
Four American small businesses—The Balm Box, House of Perna, TWB Tours, and Renewed Focus—will compete in the finals of Verizon's Small Business Super Pitch on July 17, 2026, in Hoboken, NJ. Selected from over 500 competitors, these finalists will pi...
