Verizon reported a solid first quarter with revenue of $34.4 billion, slightly below estimates, but adjusted earnings per share beat expectations at $1.28, up 7.6% year-over-year. The company is in advanced talks with hyperscalers and cloud providers to use its fiber and 5G networks for AI infrastructure, a potential multi-billion dollar opportunity. Verizon also saw its first positive postpaid phone net additions in a first quarter since 2013 and raised its full-year adjusted EPS guidance to $4.95-$4.99, signaling confidence in growth. Broadband and cash flow metrics also improved, supporting a positive outlook for 2026.
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...
