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Verizon Communications Inc - VZ STOCK NEWS

Welcome to our dedicated news page for Verizon Communications (Ticker: VZ), a resource for investors and traders seeking the latest updates and insights on Verizon Communications.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Verizon Communications's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Verizon Communications's position in the market.

Rhea-AI Summary
Verizon enhances its Home Device Protection service to offer customers more peace of mind by providing coverage for a wide range of home technology products. Customers can now repair and replace eligible devices for $25/month, including new benefits like extended coverage for home healthcare tech, second residence coverage, and complete tech care. Additionally, Verizon Home Internet customers can enjoy professional installation of home tech equipment at no extra cost, saving up to $300 annually.
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Verizon is offering Latin music fans the chance to win a VIP experience at the inaugural Festival La Onda by BottleRock® in Napa Valley. The sweepstakes run from April 24 to May 13, with two grand prizes including VIP tickets, airfare, hotel accommodations, and a cash card. Participants can enter by visiting the website and have the chance to earn bonus entries by subscribing to Verizon's email updates and visiting their Instagram page. Verizon will provide exclusive perks at the festival, including a premium viewing deck, charging stations, and custom phone cases. The company also offers a fast lane for merchandise and exclusive festival merch at select Verizon retail stores in the Bay Area.
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Verizon is gearing up for the 2024 wildfire season with a focus on maintaining safety and connectivity for communities, businesses, and first responders. The company's proactive network resilience, rapid response capabilities, and Verizon Frontline Crisis Response Team are key components of their disaster preparedness strategy.
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Verizon partners with the Detroit Lions to become the exclusive 5G network provider at Ford Field. The agreement includes the deployment of 5G technology and wireless services to enhance fan experience and venue operations over the next three years. Verizon will also sponsor the halftime performance at the team's Thanksgiving game.
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Verizon Business's second annual Latino Small Business Survey highlights the optimism and digitalization trends among Latino small business owners. The survey reveals that Latino small business owners are more optimistic about their business's financial security and the economic outlook compared to non-Latino owners. They prioritize technology investments, including eCommerce and network security, to drive growth. Verizon Small Business Days (April 22-28) offers specialized solutions and promotions for small business owners.
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Verizon Frontline showcased its public safety solutions at Axon Week, emphasizing the importance of 5G technology for first responders. The company highlighted its 5G spectrum holdings to enhance the 5G Ultra Wideband network nationwide, providing faster data transmission for critical operations. Verizon also participated in panels discussing fleet management, network slicing, and displayed mobile assets like the Rapid Response Connectivity Unit and the Robotic Emergency Dog.
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Verizon reported strong wireless service revenue growth, solid cash flow, and continued momentum in broadband in the first quarter of 2024. Earnings per share were $1.09, with adjusted EPS of $1.15. Total operating revenue was $33.0 billion, up 0.2% from the prior year. Total wireless service revenue increased by 3.3% to $19.5 billion. Verizon added 389,000 broadband subscribers and reported a fixed wireless revenue of $452 million. The company's total unsecured debt decreased slightly to $128.4 billion. Verizon Consumer revenue was $25.1 billion, up 0.8% year over year, with wireless service revenue reaching $16.1 billion. Verizon Business revenue was $7.4 billion, with wireless service revenue growing by 2.7%. The company is on track to meet its financial guidance for 2024.
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Verizon Communications Inc. (NYSE, Nasdaq: VZ) will announce its first-quarter 2024 earnings on April 22, 2024. The presentation will be on a webcast at 8:30 a.m. ET with access instructions provided on the Investor Relations website at 7:00 a.m.
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Verizon is prepared for severe weather events with year-round preparations, network infrastructure enhancements, and resource staging. The company's commitment to reliability and safety is demonstrated through emergency drills, network resilience, and rapid response capabilities. Verizon's Response Team includes specialized engineers and technicians trained to assist during crises. The Verizon Frontline Crisis Response Team provides emergency communication assistance to government agencies and first responders. The company also emphasizes individual preparedness for severe weather events. Through the VtoV Employee Relief Fund, Verizon supports its employees impacted by natural disasters.
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Verizon Connect launches Equipment Asset Tracker in Europe, expanding the proprietary hardware device to new markets and connecting with new customers. The improved EAT supports Reveal and Fleet products, offering enhanced equipment data management and security features.
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Verizon Communications Inc

NYSE:VZ

VZ Rankings

VZ Stock Data

167.22B
4.20B
0.04%
63.93%
1.14%
Telecommunications Resellers
Information
Link
US
New York

About VZ

Verizon Communications Inc., commonly known as Verizon, is a multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware.