Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ-Verizon shares rise as it raises annual performance forecast and announces AI partnership with AWS

BUZZ-Verizon shares rise as it raises annual performance forecast and announces AI partnership with AWS

路透社路透社2026/10/26 11:24
Show original

- ** Wireless carrier Verizon VZ.N saw its share price rise 2.1% in pre-market trading, reaching $45.54

** The company expects its postpaid mobile subscribers will increase by 1.1 to 1.2 million in 2026 (link), compared to a previous forecast of 750 thousand to 1 million

** Raised its adjusted earnings per share (EPS) forecast for this fiscal year to $5.04-$5.06, previously projected at $4.99-$5.04

** Signed an AI infrastructure agreement with Amazon Web Services (AWS) worth over $2 billion AMZN.O

** As of the close of the previous trading day, VZ has risen a total of 9.7% so far this year


(To assist non-native English speakers, Reuters provides automated translations of its report into several other languages. As automated translation may contain errors or may not include needed context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for reader convenience. Reuters takes no responsibility for any damage or loss arising from the use of automated translation functionality.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Asia-Pacific stock markets follow the overnight rally in US tech stocks, with South Korea's KOSPI up 5% at the open, SK Hynix surging more than 7%, and Nikkei 225 rising over 2%.

This round of rebound occurred after the market experienced severe turbulence. Last week, concerns over the potential for stricter regulation of the artificial intelligence industry, due to the US Congressional election results, triggered a large-scale sell-off in chip stocks. Several market participants believe that this rebound indicates investors have not abandoned the AI trading narrative, and last week’s sell-off was more about position adjustments rather than a trend reversal.

华尔街见闻•2026/11/10 00:42

Marvell Technology (MRVL.US) $115 billion "merger of the century" faces lukewarm reception! Stock has dropped over 40%, experts estimate only a 50% chance of completion

Marvell plans to acquire Lamington for 115 billions USD to strengthen its position in AI, but the probability of completion is only 50%. The two stocks have dropped by nearly 40% and about 35% respectively, with Chinese regulatory approval being the biggest uncertainty.

智通财经•2026/11/09 23:57