Verizon’s first quarter results met Wall Street’s revenue expectations, with adjusted earnings per share exceeding consensus estimates. Management attributed this performance to the success of recent pricing actions, ongoing broadband growth, and disciplined cost control across the business. CEO Hans Vestberg highlighted the company’s portfolio of targeted customer offerings, including myPlan and myHome, and noted positive momentum in gross additions toward the end of the quarter. The prepaid segment, in particular, achieved its best results since the TracFone acquisition, driven by revamped value propositions and expanded distribution. While higher churn was acknowledged—primarily among cohorts impacted by recent price increases—management described this as transitory and linked to specific pricing adjustments made earlier in the year.
Needham analyst maintains Buy rating and raises price target for Taboola due to its unique data, AI technology, exclusive deals, and expanding TAM through Realize platform and Yahoo partnership.
AST SpaceMobile is well-positioned to deliver space-based mobile communications services globally, capturing a share of a multi-billion-dollar growth industry.
Goldman Sachs analysts said in a recent note that the conflict could result in Iran’s 1.75 million barrels per day supply being taken out of the market.
Verizon Communications provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.
Over the past six months, Verizon has been a great trade. While the S&P 500 was flat, the stock price has climbed by 5.4% to $44.25 per share. This performance may have investors wondering how to approach the situation.
The Edge Transportation Exchange is a V2X platform improving real-time communication between vehicles, infrastructure, and pedestrians, supporting road safety and traffic efficiency.
