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Verizon Communications (NYSE:VZ) Stock, Option Chain

Verizon Communications

Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.

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The White House is reviewing the potential national security risks of DeepSeek, a Chinese AI firm, amid concerns of intellectual property theft. Mark Zuckerberg may purchase a property in DC to work closely with Trump. Microsoft, IBM, and Meta all report strong earnings.

Consumer Tech News (Jan 27-Jan 31): China&#39;s DeepSeek Launch Gets Mixed Reaction From Experts, Tech Biggies Reported Earnings &amp; More

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Sector ETFs

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iShares Dow Jones US Telecommunications Sector Index Fund

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U.S. telecom sector outperforms market, making ETFs attractive. Top performers include Vanguard VOX, Fidelity FCOM, and iShares IYZ.

Telecom ETFs Gain Momentum As Sector Giants AT&amp;T, Verizon, T-Mobile Reinforce Investor Confidence

T-Mobile US, Inc.

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T-Mobile (TMUS) shares rise after beating Q4 earnings estimates and strong subscriber growth, with analysts predicting continued growth potential and market share gains in the future.

T-Mobile US Posts Strong Q4, Subscriber Adds Beat Expectations: Analysts See Continued Momentum In 2025

Verizon Communications Inc

VIZIO HLDG CORP CL A COM

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The White House said the National Security Council is reviewing the implications of&nbsp;DeepSeek, a Chinese AI firm.&nbsp;The review comes amid fears of intellectual property theft, a concern raised by&nbsp;David Sacks, the White <a href="https://www.benzinga.com/25/01/43293506/chinas-deepseek-under-white-house-scrutiny-over-potential-national-security-risks" target="_blank" rel="noreferrer noopener">House's AI and crypto czar</a>.
Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO&nbsp;Mark Zuckerberg&nbsp;is reportedly considering purchasing a property in Washington DC as part of his strategy to work <a target="_blank" href="https://www.benzinga.com/25/01/43296858/mark-zuckerberg-reportedly-explores-buying-property-in-washington-dc-as-meta-ceo-looks-to-work-closely-with-trump" rel="noreferrer noopener">closely with President&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/01/43296858/mark-zuckerberg-reportedly-explores-buying-property-in-washington-dc-as-meta-ceo-looks-to-work-closely-with-trump" rel="noreferrer noopener">Donald Trump</a>.
Earnings Results
Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)&nbsp;reported second-quarter GAAP earnings of $3.23 per share, beating the $3.11 consensus estimate. Quarterly revenue clocked in at $69.6 billion, beating the $68.78 <a target="_blank" href="https://www.benzinga.com/news/earnings/25/01/43320124/microsoft-shares-slide-after-q2-results-cloud-revenue-misses-expectations-details" rel="noreferrer noopener">billion analyst consensus estimate</a>.
Read: <a target="_blank" href="https://www.benzinga.com/tech/25/01/43327016/microsoft-ceo-satya-nadella-accepts-deepseek-ai-has-some-real-innovations-but-wont-say-if-they-mark-a-turning-point-for-ai-cost-reduction" rel="noreferrer noopener">Microsoft CEO Satya Nadella Accepts DeepSeek AI Has Some &#8216;Real Innovations&#8217; — But Won&#8217;t Say If They Mark A Turning Point For AI Cost Reduction</a>
International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) reported fourth-quarter earnings of&nbsp;$3.92&nbsp;per share, which beat the analyst consensus estimate of&nbsp;$3.75. Quarterly revenue came in at $17.55 billion,&nbsp;which beat the analyst <a target="_blank" href="https://www.benzinga.com/25/01/43321676/ibm-reports-q4" rel="noreferrer noopener">consensus estimate of&nbsp;$17.54 billion</a>.
Meta reported fourth-quarter revenue of $48.39 billion, beating&nbsp;analyst estimates of $47.03 billion. The company reported fourth-quarter earnings of $8.02 per share,<a target="_blank" href="https://www.benzinga.com/general/social-media/25/01/43322201/meta-platforms-q4-earnings-revenue-beat-eps-beat-daily-actives-up-5-continued-strong-revenue-growth-expected" rel="noreferrer noopener"> beating analyst estimates of $6.77 per share</a>.
Related:<a target="_blank" href="https://www.benzinga.com/markets/25/01/43326499/mark-zuckerberg-says-chinas-deepseek-did-some-novel-things-were-still-digesting-but-meta-may-keep-pouring-billions-into-ai-infrastructure-anyway" rel="noreferrer noopener"> Mark Zuckerberg Says China&#8217;s DeepSeek Did Some Novel Things &#8216;We&#8217;re Still Digesting,&#8217; But Meta May Keep Pouring Billions Into AI Infrastructure Anyway</a>
Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) reported fourth-quarter earnings of&nbsp;13&nbsp;per share, which beat the analyst consensus estimate of&nbsp;12&nbsp;cents. Quarterly revenue clocked in at $14.3 billion,&nbsp;which beat the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/01/43354712/intel-stock-climbs-on-better-than-expected-q4-report-details" rel="noreferrer noopener">consensus estimate of&nbsp;$13.81 billion</a>.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) reported fiscal first-quarter revenue of $124.3 billion, beating analyst&nbsp;estimates&nbsp;of $124.13 billion. The iPhone maker reported first-quarter adjusted earnings of $2.40 per share, beating <a target="_blank" href="https://www.benzinga.com/news/earnings/25/01/43355688/apple-q1-earnings-revenue-beat-eps-beat-iphone-sales-slip-installed-base-climbs-to-all-time-high-ou" rel="noreferrer noopener">analyst estimates of $2.36 per share</a>.
Related: <a target="_blank" href="https://www.benzinga.com/markets/25/01/43373775/tim-cook-praises-chinas-deepseek-for-driving-efficiency-stresses-apples-prudent-and-deliberate-approach-toward-capital-expenditure" rel="noreferrer noopener">Tim Cook Praises China&#8217;s DeepSeek For Driving Efficiency, Stresses Apple&#8217;s &#8216;Prudent And Deliberate&#8217; Approach Toward Capital Expenditure</a>
Artificial Intelligence
Nvidia Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stock took a hit as China&#8217;s&nbsp;DeepSeek unveiled an AI model that reportedly offers cutting-edge performance at a fraction of the cost. This development has sparked doubts about the need <a target="_blank" href="https://www.benzinga.com/25/01/43220297/nvidia-stock-slide-as-chinas-deepseek-ai-sparks-doubts-over-gpu-spending-frenzy-what-tech-experts-are-saying" rel="noreferrer noopener">for&nbsp;massive GPU investments</a>.
The race among large language models has intensified with DeepSeek R1 emerging&nbsp;as a formidable competitor&nbsp;to established players like OpenAI's o1 and&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/asia/25/01/43243584/deepseek-r1-vs-openai-what-consumers-need-to-know-about-ais-latest-challenger" rel="noreferrer noopener">Meta Platforms Inc.</a><a target="_blank" href="https://www.benzinga.com/markets/asia/25/01/43243584/deepseek-r1-vs-openai-what-consumers-need-to-know-about-ais-latest-challenger" rel="noreferrer noopener">‘s Llama 3.2</a>.
DeepSeek was targeted by significant cyberattacks, coinciding with its <a target="_blank" href="https://www.benzinga.com/25/01/43257133/chinese-ai-startup-deepseek-hit-by-cyberattacks-after-toppling-us-giants-like-nvidia-with-new-ai-model-dubbed-as-chatgpt-killer" rel="noreferrer noopener">growing prominence in the AI sector</a>.
Veteran investor&nbsp;Ross Gerber voiced his apprehensions <a target="_blank" href="https://www.benzinga.com/tech/25/01/43258810/ross-gerber-slams-deepseeks-privacy-policy-as-the-chinese-ai-models-rise-triggers-market-chaos-i-dont-trust-a-thing-china-does" rel="noreferrer noopener">regarding&nbsp;</a><a target="_blank" href="https://www.benzinga.com/tech/25/01/43258810/ross-gerber-slams-deepseeks-privacy-policy-as-the-chinese-ai-models-rise-triggers-market-chaos-i-dont-trust-a-thing-china-does" rel="noreferrer noopener">DeepSeek's</a><a target="_blank" href="https://www.benzinga.com/tech/25/01/43258810/ross-gerber-slams-deepseeks-privacy-policy-as-the-chinese-ai-models-rise-triggers-market-chaos-i-dont-trust-a-thing-china-does" rel="noreferrer noopener"> privacy policy on&nbsp;</a><a target="_blank" href="https://www.benzinga.com/tech/25/01/43258810/ross-gerber-slams-deepseeks-privacy-policy-as-the-chinese-ai-models-rise-triggers-market-chaos-i-dont-trust-a-thing-china-does" rel="noreferrer noopener">X</a>.
OpenAI&nbsp;CEO&nbsp;Sam Altman has addressed the capabilities of&nbsp;DeepSeek's R1 model, acknowledging its impressive <a target="_blank" href="https://www.benzinga.com/25/01/43259545/deepseeks-r1-is-impressive-but-openai-ceo-sam-altman-says-they-will-crush-it-with-much-better-models-looking-forward-to-bringing-you-all-agi-and-beyond" rel="noreferrer noopener">performance and cost-</a>effectiveness.
Palmer Luckey, founder of&nbsp;Oculus&nbsp;and&nbsp;Anduril Industries, has voiced strong criticism against the reaction to&nbsp;DeepSeek,<a target="_blank" href="https://www.benzinga.com/tech/25/01/43294552/palmer-luckey-blasts-hysteria-over-deepseek-oculus-founder-says-chinese-hedge-funds-psyops-targeted-us-ai-giants-like-nvidia" rel="noreferrer noopener"> labeling it as an overreaction</a>.
SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFBQF#OTC">SFBQF</a>)&nbsp;is reportedly negotiating a potential investment of $15 billion to $25 billion in&nbsp;OpenAI. This move could make SoftBank the largest investor in the&nbsp;ChatGPT&nbsp;creator, surpassing&nbsp;Microsoft, which <a target="_blank" href="https://www.benzinga.com/25/01/43327823/softbank-eyes-historic-25-billion-investment-in-openai-poised-to-dethrone-microsoft-as-chatgpt-parents-biggest-investor" rel="noreferrer noopener">has&nbsp;invested nearly $14 billion</a>.
Technology &amp; Telecom
Meta said it has agreed to a $25 million settlement with President&nbsp;Donald Trump&nbsp;over his suspension from&nbsp;Facebook&nbsp;and&nbsp;Instagram&nbsp;<a target="_blank" href="https://www.benzinga.com/news/legal/25/01/43325503/mark-zuckerbergs-meta-pays-trump-25-million-to-settle-lawsuit-over-facebook-instagram-ban-after-jan-6-riot-a-big-year-for-redefining-our-relationships-with-governments" rel="noreferrer noopener">following&nbsp;the Jan. 6 Capitol riot</a>.
As McKinsey highlights a significant shift in how artificial intelligence will be used in the future,&nbsp;Verizon Communications Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) launched&nbsp;AI Connect&nbsp;during its fourth quarter conference call, to meet the growing demand for <a target="_blank" href="https://www.benzinga.com/markets/25/01/43222744/verizon-launches-ai-connect-as-mckinsey-predicts-that-60-70-of-ai-workload-will-shift-from-training-to-inferencing-by-2030" rel="noreferrer noopener">network capacity and computational power</a>.
Read: <a target="_blank" href="https://www.benzinga.com/tech/25/01/43223228/satya-nadella-said-we-should-take-development-out-of-china-very-very-seriously-now-deepseeks-r1-has-emerged-as-chatgpt-killer-outperforming-openai-with-50x-cheaper-prices-heres-more" rel="noreferrer noopener">Satya Nadella Said &#8216;We Should Take Development Out Of China Very, Very Seriously.&#8217; Now, DeepSeek&#8217;s R1 Has Emerged As A ChatGPT Killer, Outperforming OpenAI With 50x Lower Costs: Here&#8217;s More</a>
Google Maps, owned by&nbsp;Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), said that it will rename the "Gulf of Mexico" to "<a target="_blank" href="https://www.benzinga.com/tech/25/01/43256798/google-maps-to-rename-gulf-of-mexico-to-gulf-of-america-for-us-users-in-aftermath-of-trump-executive-order" rel="noreferrer noopener">Gulf of America" for U.S. users</a>.&nbsp;
Google&nbsp;has reportedly reclassified the U.S. as a "sensitive country.", which is typically reserved for nations with strict governments or border <a target="_blank" href="https://www.benzinga.com/media/25/01/43295150/google-reclassifies-us-as-sensitive-country-just-like-china-and-russia-after-trumps-gulf-of-america-move" rel="noreferrer noopener">disputes like China, Russia, and Iraq</a>.
Social Media
Jeff Bezos-backed&nbsp;Perplexity AI has reportedly submitted a&nbsp;revised proposal&nbsp;to merge with&nbsp;TikTok&#8217;s U.S. business, offering the U.S. government a 50% stake in the new entity.
A group of U.S. investors, with backing from&nbsp;YouTube&nbsp;star&nbsp;Jimmy Donaldson, also known as&nbsp;MrBeast, has amassed over <a target="_blank" href="https://www.benzinga.com/25/01/43325891/backed-by-youtube-king-mrbeast-group-of-american-investors-including-roblox-ceo-lock-in-over-20-billion-for-tiktok-takeover-but-they-have-not-heard-back-directly-from-bytedance" rel="noreferrer noopener">$20 billion to bid for&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/01/43325891/backed-by-youtube-king-mrbeast-group-of-american-investors-including-roblox-ceo-lock-in-over-20-billion-for-tiktok-takeover-but-they-have-not-heard-back-directly-from-bytedance" rel="noreferrer noopener">TikTok</a>.
Smartphones
Apple reportedly plans to release the&nbsp;iOS 18.4&nbsp;update in April, following the <a href="https://www.benzinga.com/tech/25/01/43221500/ios-18-4-preview-updates-to-siri-more-languages-for-apple-intelligence-and-robot-vacuum-support-everything-we-know-so-far" target="_blank" rel="noreferrer noopener">public rollout of&nbsp;</a><a href="https://www.benzinga.com/tech/25/01/43221500/ios-18-4-preview-updates-to-siri-more-languages-for-apple-intelligence-and-robot-vacuum-support-everything-we-know-so-far" target="_blank" rel="noreferrer noopener">iOS 18.3</a><a href="https://www.benzinga.com/tech/25/01/43221500/ios-18-4-preview-updates-to-siri-more-languages-for-apple-intelligence-and-robot-vacuum-support-everything-we-know-so-far" target="_blank" rel="noreferrer noopener">&nbsp;this week</a>.&nbsp;Apple has released&nbsp;iOS 18.3, addressing <a href="https://www.benzinga.com/25/01/43257851/ios-183-released-with-urgent-security-fixes-heres-why-every-iphone-user-should-update-immediately" target="_blank" rel="noreferrer noopener">29 security vulnerabilities</a>.
Apple joined forces with Elon Musk&#8217;s SpaceX and T-Mobile US Inc. to bring Starlink <a href="https://www.benzinga.com/25/01/43294364/apple-surprises-iphone-users-by-teaming-up-with-spacex-and-t-mobile-to-bring-starlink-satellite-texting-heres-what-you-need-to-know-about-the-new-feature" target="_blank" rel="noreferrer noopener">satellite texting capabilities to </a><a href="https://www.benzinga.com/25/01/43294364/apple-surprises-iphone-users-by-teaming-up-with-spacex-and-t-mobile-to-bring-starlink-satellite-texting-heres-what-you-need-to-know-about-the-new-feature" target="_blank" rel="noreferrer noopener">iPhones</a>.
Image: Shutterstock

Consumer Tech News (Jan 27-Jan 31): China's DeepSeek Launch Gets Mixed Reaction From Experts, Tech Biggies Reported Earnings & More

Tigress Financial analyst Ivan Feinseth maintains Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) with a Buy and maintains $55 price target.

News

Tigress Financial Maintains Buy on Verizon Communications, Maintains $55 Price Target

The U.S. telecom sector has delivered a robust performance over the past year, outpacing broader market gains. The S&amp;P Telecom Select Industry Index surged around 37% over the past year, significantly outperforming the <a href="https://www.benzinga.com/general/market-summary/24/12/42751664/sp-500-ends-2024-23-higher-experts-see-double-digit-growth-for-2025">S&amp;P 500's 22.95% gain</a>. 
This strength has inevitably seeped into telecom-focused ETFs, making them attractive investment avenues. Here are three ETFs that could be a door for investors to ride this wave:
Strong gains in several telecom ETFs speak of the sector's bullish momentum:
<ul>
<li>Vanguard Communication Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOX#NYSE">VOX</a>): Up 10% over the past three months and 31.36% over the past year.</li>
<li>Fidelity MSCI Communication Services Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCOM#NYSE">FCOM</a>): Climbed 9.83% in the past three months and 31.52% over the past year.</li>
<li>iShares U.S. Telecommunications ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYZ#BATS">IYZ</a>): Gained 6.7% over three months and 15% in a year.</li>
</ul>
Also Read: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/01/43331404/top-3-tech-and-telecom-stocks-that-could-lead-to-your-biggest-gains-this-quarter">Top 3 Tech And Telecom Stocks That Could Lead To Your Biggest Gains This Quarter</a>
The telecom sector's outlook remains optimistic, considering the positive forecasts in artificial intelligence. Moreover, interest rate cuts throughout 2024, and President Trump&#8217;s push for further rate reductions, could support positive sentiments and hence, industry growth.
Notably, telecom giants AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>), Verizon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), T-Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) and Comcast (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMSCA#NASDAQ">CMSCA</a>) reported relatively healthy Q4 earnings, reinforcing investor confidence:
<ul>
<li>Comcast<a href="https://www.benzinga.com/25/01/43335926/comcast-q4-earnings-beats-estimates-peacock-subscribers-surge-29-dividend-raised-15-billion-buyback-approved"> exceeded Wall Street's expectations</a>, driven by strong broadband revenues, despite customer losses. Earnings per share (EPS) is at 96 cents adjusted revenue at $31.92 billion; net income was $4.78 billion, up 47% year over year, and adjusted EBITDA growth of 10%.</li>
<li>Verizon's Q4 results reflected healthy growth, with both revenue and earnings <a href="https://www.benzinga.com/news/earnings/25/01/43189382/verizon-q4-earnings-revenue-beat-1-million-mobile-and-broadband-subscriber-adds-business-segment-margin-expands">surpassing estimates</a>. Its EPS was recorded at $1.10 adjusted, revenue at $35.68 billion, and net Income at $5.11 billion, rebounding from a loss a year ago.</li>
<li>AT&amp;T reported <a href="https://www.benzinga.com/25/01/43230968/att-q4-earnings-307k-fiber-adds-projects-mid-teens-broadband-growth-in-2025">strong subscriber growth</a> and operational efficiency gains, with EPS and revenues at $0.54 and $32.3 billion respectively. Net Income of $4.03 billion nearly doubled from a year ago.</li>
<li>T-Mobile&#8217;s stock gained after it reported <a href="https://www.benzinga.com/news/earnings/25/01/43300596/t-mobile-q4-earnings-beats-estimates-adds-1-9-million-postpaid-customers-targets-6-million-new-customers-in-2025">strong fourth-quarter results</a>, surpassing analyst expectations. Its EPS was $2.57, and revenue came in at $21.87 billion.</li>
</ul>
U.S. telecom ETFs remain well-positioned for continued growth thanks to strong corporate earnings and an optimistic industry outlook.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/new-etfs/25/01/43335143/peo-alphaquest-tidal-launch-etf-with-private-equity-inspired-strategy-thematic-appeal">PEO, AlphaQuest, Tidal Launch ETF With Private Equity-Inspired Strategy, Thematic Appeal</a></li>
</ul>
Photo: Shutterstock

Telecom ETFs Gain Momentum As Sector Giants AT&T, Verizon, T-Mobile Reinforce Investor Confidence

Shares of T-Mobile US Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) were climbing in early trading on Thursday, after the company reported <a href="https://www.benzinga.com/news/earnings/25/01/43300596/t-mobile-q4-earnings-beats-estimates-adds-1-9-million-postpaid-customers-targets-6-million-new-customers-in-2025">upbeat fourth-quarter earnings</a>.
The company reported its quarterly results amid a<a href="https://www.benzinga.com/earnings"> positive earnings season</a>. Here are some key analyst takeaways.
Scotiabank On T-Mobile US
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5a53c034adcfa70001c2b366/maher-yaghi">Analyst Maher Yaghi</a> reiterated a Sector Perform rating, while raising the price target from $234 to $247.
T-Mobile US reported "a strong quarter yet again," with subscriber growth surpassing peers and double-digit growth in profitability, Yaghi said in a note. The company's service revenue grew by 5.5%, driven by postpaid phone net additions of 903,000 coming in higher than consensus of 860,000 and upbeat postpaid ARPA (average revenue per account) growth, he added.
The momentum in service revenue growth is likely to continue in 2025, the analyst stated. He raised the free cash flow generation estimate from $17 billion to $17.6 billion, citing expectations of "additional growth potential in suburban, rural and enterprise segments in mobile as well as a path towards additional market share gains in broadband."
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
RBC Capital Markets On T-Mobile US
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee55ee7bf6000154d12b/jonathan-atkin">Analyst Jonathan Atkin</a> maintained a Sector Perform rating, while lifting the price target from $240 to $245.
T-Mobile US reported "solid" quarterly results, with total revenue of $21.9 billion beating consensus of $20.3 billion, driven by "higher postpaid, wholesale, and equipment revenues," Atkin said. The company's postpaid net add guidance range for 2025 has a midpoint of 5.8 million, higher than consensus of 5.4 million, he added.
Management raised their growth target for wireless service revenues to 5%, from their previous guidance of around 4% "on the back of a strong subscriber outlook and ARPA growth of 3%," the analyst stated. "We view that adding Starlink service could aid the company's wireless ARPU trajectory." 
Benchmark On T-Mobile US
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ca96e4b85e930001f446dd/matthew-harrigan">Analyst Matthew Harrigan</a> reaffirmed a Buy rating, while raising the price target from $255 to $275.
T-Mobile US made "incremental market share gains" versus AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) and Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), Harrigan said. The company's postpaid phone add result was the highest quarterly gain in its history and represented around 46% of the total growth among the three major US mobile network operators in the fourth quarter, he added.
"T-Mobile provided 2025 postpaid connection guidance for 5.5M to 6M connections this year, the highest it has ever provided embarking on a new year," the analyst wrote. The company should also benefit significantly from the expected acceleration in phone replacement cycles due to new AI capabilities, he further stated.
TMUS Price Action: Shares of T-Mobile US had risen by 1.33% to $238.27 at the time of publication on Thursday.
Read More: <a href="https://www.benzinga.com/general/market-summary/25/01/43328377/t-mobile-underscores-spacexs-starlinks-role-in-california-wildfire-relief-closes-record-breaking-growth-year">T-Mobile Underscores SpaceX&#8217;s Starlink&#8217;s Role In California Wildfire Relief, Closes Record-Breaking Growth Year</a>
Photo: Shutterstock

The U.S. Coast Guard has awarded Verizon Business an 8-year Enterprise Infrastructure Solutions (EIS) task order worth up to $66 million over the life of the contract. Under this agreement, Verizon will provide Wi-Fi, phone, data, and other services to the U.S. Coast Guard's C5I (Command, Control, Communication, Computer, Cyber, and Intelligence) office.
Verizon will be partnering with the Coast Guard to phase out end-of-life TDM services, implementing solutions like a cellular-based POTS replacement for essential voice communications. This includes offering Contact Center as a Service (CCaaS), delivering secure IL-4 (Impact Level 4) software-based solutions for Coast Guard call centers.

Contracts

Verizon Awarded 8-Year, $66M Contract By U.S. Coast Guard For C5I Office; Provides Wi-Fi, Phone, Data Services And Phases Out TDM For Cellular-Based Solutions; Delivers IL-4 Secure Software For Call Centers

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.
<h3 class="wp-block-heading">Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)</h3>
<ul>
<li>Dividend Yield: 6.67%</li>
<li>Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and raised the price target from $47 to $47.5 on Jan. 27, 2025. This analyst has an accuracy rate of 62%.</li>
<li>UBS analyst John Hodulik maintained a Neutral rating and increased the price target from $44 to $45 on Dec. 20, 2024. This analyst has an accuracy rate of 76%.</li>
<li>Recent News: On Jan. 24, Verizon reported better-than-expected fourth-quarter GAAP EPS and revenue results.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012825&amp;t=be2bearmibe3na1">latest VZ news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012825&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="818" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28043934/image-216.png" alt="" class="wp-image-753045" style="width:567px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28043934/image-216.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28043934/image-216-300x271.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28043934/image-216-768x693.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">The Interpublic Group of Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>)</h3>
<ul>
<li>Dividend Yield: 4.51%</li>
<li>JP Morgan analyst David Karnovsky upgraded the stock from Neutral to Overweight and increased the price target from $32 to $39 on Jan. 27, 2025. This analyst has an accuracy rate of 71%.</li>
<li>Wells Fargo analyst Steven Cahall upgraded the stock from Underweight to Equal-Weight and raised the price target from $26 to $34 on Dec. 10, 2024. This analyst has an accuracy rate of 62%.</li>
<li>Recent News: On Dec. 9, 2024, Omnicom Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>) agreed Monday to acquire Interpublic Group of Companies in a stock-for-stock transaction.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012825&amp;t=be2bearmibe3na1">latest IPG news</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012825&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="827" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28044011/image-217.png" alt="" class="wp-image-753047" style="width:582px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28044011/image-217.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28044011/image-217-300x272.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28044011/image-217-768x696.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
<h3 class="wp-block-heading">Shutterstock, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>)</h3>
<ul>
<li>Dividend Yield: 4.16%</li>
<li>Needham analyst Bernie McTernan maintained a Buy rating and cut the price target from $55 to $45 on Jan. 13, 2025. This analyst has an accuracy rate of 66%.</li>
<li>JMP Securities analyst Andrew Boone reiterated a Market Perform rating on Jan. 6, 2025. This analyst has an accuracy rate of 81%.</li>
<li>Recent News: On Jan.7, Getty Images and Shutterstock announced a $3.7 billion merger.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to latest <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012825&amp;t=be2bearmibe3na1">SSTK news</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012825&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="921" height="812" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28044046/image-218.png" alt="" class="wp-image-753051" style="width:534px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28044046/image-218.png 921w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28044046/image-218-300x264.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28044046/image-218-768x677.png 768w" sizes="(max-width: 921px) 100vw, 921px" /></a></figure>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Read More:<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/01/43230206/jim-cramer-is-worried-about-this-consumer-cyclical-stock-7-yield-something-may-be-wrong-here"> </a>
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/01/43230206/jim-cramer-is-worried-about-this-consumer-cyclical-stock-7-yield-something-may-be-wrong-here">Jim Cramer Is Worried About This Consumer Cyclical Stock: 7% Yield? &#8216;Something May Be Wrong Here&#8217;</a></li>
</ul>

Dividends

Pre-Market Outlook

Markets

SSTK

Wall Street's Most Accurate Analysts Spotlight On 3 Tech & Telecom Stocks Delivering High-Dividend Yields

Goldman Sachs analyst James Schneider maintained a Buy rating on AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) with a <a target="_blank" href="https://www.benzinga.com/quote/T/analyst-ratings" rel="noreferrer noopener">price target of $28</a>.
Schneider expects the stock to trade modestly higher following in-line results in light of <a target="_blank" href="https://www.benzinga.com/25/01/43230968/att-q4-earnings-307k-fiber-adds-projects-mid-teens-broadband-growth-in-2025" rel="noreferrer noopener">a solid quarter</a> with strong underlying subscriber metrics.
The analyst noted expectations were modestly elevated given investor positioning but sees fundamentals as de-risked mainly as the company has already provided 2025-27 guidance.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/01/43155691/amazon-to-shut-7-quebec-fulfillment-centers-axe-around-2000-jobs" rel="noreferrer noopener">Amazon To Shut 7 Quebec Fulfillment Centers, Axe Around 2,000 Jobs</a>
Investors are concentrated on the broadband market, and any comment on the call regarding the pace of fiber additions, broadband pricing forecast, or changes in the pace of FWA additions could be incremental for the wireless and cable stocks.
AT&amp;T reported revenue of $32.3 billion, which was in line with Schneider&#8217;s estimate of $32.2 billion and the Street&#8217;s estimate of $32.1 billion. Adjusted EBITDA of $10.79 billion was just below Schneider&#8217;s estimate of $10.94 billion and the Street&#8217;s estimate of $10.83 billion. Free cash flow of $4.83 billion was just above Schneider&#8217;s estimate of $4.7 billion and the Street&#8217;s estimate of $4.8 billion.&nbsp;&nbsp;
Wireless service revenue of $16.56 billion was just below Schneider&#8217;s estimate of $16.7 billion but in line with the Street&#8217;s at $16.53 billion. Postpaid phone net adds came in at +482k, well above Schneider&#8217;s estimate of +446k, and the Street&#8217;s at +425k. Wireless EBITDA of $8.89 billion was in line with Schneider&#8217;s estimate of $8.95 billion and the Street&#8217;s at $8.87 billion.&nbsp;&nbsp;
Business wireline service revenue of $4.38 billion was above Schneider&#8217;s estimate of $4.34 billion and the Street&#8217;s estimate of $4.30 billion. In comparison, EBITDA of $1.20 billion was below Schneider&#8217;s estimate of $1.26 billion and the Street&#8217;s estimate of $1.23 billion.
Consumer Wireline revenue of $3.47 billion was in line with Schneider&#8217;s estimate of $3.48 billion and the Street&#8217;s estimate of $3.47 billion.&nbsp;&nbsp;
Broadband revenue was $2.91 billion, versus Schneider&#8217;s estimate of $2.91 billion and the Street&#8217;s estimate of $2.90 billion. Consumer Wireline EBITDA was $1.22 billion, well above Schneider&#8217;s estimate of $1.14 billion and the Street&#8217;s estimate of $1.16 billion.&nbsp;&nbsp;
Fiber net additions of +307k were well above Schneider&#8217;s estimate at +245k and the Street at +259k, while Internet Air net additions of +158k were above GS&#8217;s estimate at +130k and the Street at +134k.
AT&amp;T reiterated its guidance for 2025. Wireless service revenue growth stands at the higher end of 2%-3%, versus Schneider and Street&#8217;s estimate of +2.7%. Fiber broadband revenue growth stands at mid-teens versus Schneider&#8217;s +15.5% and the Street at +16.0%. Adjusted EBITDA growth stands at 3.0% or better versus Schneider&#8217;s at +3.1% and the Street at +2.7%. 
Capital Investment guidance remains at $22 billion versus Schneider at $21.8 billion and the Street at $21.8 billion, free cash flow at $16+ billion versus Schneider at $16.3 billion and the Street at $17.9 billion (not comparable). Adjusted EPS remains at $1.97-$2.07 versus Schneider at $2.04 and the Street at $2.11 (not comparable).
Between Verizon Communications Inc and AT&amp;T, <a target="_blank" href="https://www.benzinga.com/news/earnings/25/01/43189382/verizon-q4-earnings-revenue-beat-1-million-mobile-and-broadband-subscriber-adds-business-segment-margin-expands" rel="noreferrer noopener">postpaid phone net adds</a> are running +1050 Y/Y (relative to the fourth quarter of 2023, when total net adds were +975k Y/Y), which suggests solid trends in the overall wireless market. Also, consumer broadband net additions for AT&amp;T and Verizon are +358k Y/Y (relative to the fourth quarter of 2023, when net additions were +273k) and imply a strengthening market.
Price Action: T stock is up 6.6% at $24.22 at the last check on Monday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/43139681/himax-to-gain-big-as-tsmc-nvidia-and-amd-advance-silicon-photonics-and-coupe-tech-analyst" target="_blank" rel="noreferrer noopener">Himax To Gain Big As TSMC, Nvidia and AMD Advance Silicon Photonics and COUPE Tech: Analyst</a></li>
</ul>
Photo via Shutterstock.

Equities

AT&T's Subscriber Momentum And De-Risked Fundamentals Drive Optimism: Goldman Sachs Analyst

Scotiabank analyst Maher Yaghi maintains Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) with a Sector Perform and raises the price target from $47 to $47.5.

Scotiabank Maintains Sector Perform on Verizon Communications, Raises Price Target to $47.5

As McKinsey highlights a significant shift in how artificial intelligence will be used in the future, Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) launched <a href="https://www.benzinga.com/markets/equities/25/01/43191256/verizon-ai-connect-unleashes-next-level-business-solutions-whats-on-the-cards">AI Connect</a> during its fourth quarter conference call, to meet the growing demand for network capacity and computational power.
What Happened: Traditionally, AI models primarily focused on training, where they learn from massive datasets. Inference is the stage where the trained model is used to make predictions or decisions on new data.
According <a href="https://www.verizon.com/about/news/verizon-unveils-ai-strategy-power-next-gen-ai-demands">to</a> a press release, McKinsey predicts that a substantial portion of about 60% to 70% of AI workloads will transition to real-time inference by 2030. This means AI will be used for immediate, on-the-spot tasks rather than just offline analysis.
Verizon aims to become a key enabler of the AI ecosystem by providing the essential connectivity and infrastructure that AI applications rely upon.
McKinsey also outlines that there is an urgent need for low-latency connectivity, computing, and security at the edge beyond current demand.
<ul>
<li>Low-Latency Connectivity: Real-time inference demands extremely fast data transfer. Edge computing, where processing happens closer to the data source (like a factory floor or a self-driving car), is crucial to minimize delays.</li>
<li>Compute Power: Processing complex AI models requires significant computing power. This necessitates deploying powerful processing units directly at the edge locations.</li>
<li>Enhanced Security: As more critical operations rely on AI at the edge, robust security measures are paramount to protect sensitive data and prevent disruptions.</li>
</ul>
In essence, the shift towards real-time inference from training will drive a surge in demand for advanced edge computing infrastructure. Companies will need to invest in high-speed networks, powerful edge devices, and robust security solutions to support this evolving AI landscape.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43221229/trumps-executive-orders-fuel-tech-weaken-energy-stocks-in-his-first-week-immigration-tariff-reforms-on-cards-but-experts-say-dont-play-politics-with-your-portfolio">Trump&#8217;s Executive Orders Fuel Tech, Weaken Energy Stocks In His First Week</a>
Why It Matters: Verizon, which reported <a href="https://www.benzinga.com/news/earnings/25/01/43189382/verizon-q4-earnings-revenue-beat-1-million-mobile-and-broadband-subscriber-adds-business-segment-margin-expands">earnings</a> of $1.10 per share on revenue of $35.7 billion in Q4, met analysts&#8217; expectations. 
The telecom company has already funneled over $1 billion to leverage its existing infrastructure, said its business group CEO, Kyle Malady, during the earnings call.
Google, an Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) company, and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) have purchased capacity in Verizon&#8217;s network with the intent of using it for their AI workloads. Players like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) are also working with Verizon to reimagine how telecom functions can work along with AI workloads.
&#8220;The bottom line is we are ready to help power the AI ecosystem. We have the assets, the expertise and the vision to deliver AI solutions at scale. By unlocking the potential of our existing assets, we can further improve the financial profile of Verizon business,&#8221; said Malady.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/01/43184963/nvidia-microsoft-or-oracle-which-among-these-stargate-ai-project-beneficiaries-are-the-least-expensive-to-own">Nvidia, Microsoft, Or Oracle: Which Stock Among These Stargate AI Project Beneficiaries Are The Least Expensive To Own?</a></li>
</ul>
Photo courtesy: Shutterstock

GOOGL

Verizon Launches AI Connect As McKinsey Predicts That 60-70% Of AI Workload Will Shift From Training To Inferencing By 2030

Wall Street paused for a breather on Friday, with the S&amp;P 500 index hovering around the flatline at midday trading in New York after a five-day rally that pushed the market to fresh record highs this week. Meanwhile, investor attention shifted to <a href="https://www.benzinga.com/markets/forex">forex and gold markets.</a>
The greenback is experiencing its worst weekly performance since July 2023, as President Donald Trump refrained from imposing new tariffs during his first week and escalated pressure on the Federal Reserve, urging the central bank to lower interest rates. The U.S. dollar index – tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) – dropped 0.7% on Friday, extending its weekly decline to 1.7%.
Adding to the dollar's downward momentum, the Bank of Japan raised interest rates by 25 basis points to 0.5%, the highest level since 2008, in a move that broadly met expectations.
Gold capitalized on the dollar's weakness and rising tensions between the president and the central bank, marking another week of strong gains and approaching all-time highs. The bullion, tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>), was trading at $2,777 per ounce.
On the macro front, S&amp;P Global reported a slowdown in private sector growth in January, as the services sector faced an unexpected setback, despite manufacturing expanding for the first<a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43195427/us-services-growth-slows-manufacturing-finally-expands-in-january-inflation-was-broad-based-expert-warns"> time in seven months.</a>
A warning came from the University of Michigan's consumer survey, which downwardly revised the January consumer confidence indicator and pointed to increasing trends of households making purchases in advance to avoid potential price hikes <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43197024/consumer-confidence-declines-as-buying-in-advance-trends-grow">linked to tariffs.</a>
In the cryptocurrency market, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) climbed 2.5% following Trump's executive order signed on Thursday, aimed at strengthening U.S. leadership in digital assets. 
<h3 class="wp-block-heading">Friday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,314.96</td>
<td>0.0%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,119.65</td>
<td>0.0%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,541.76</td>
<td>-0.1 %</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,861.02</td>
<td>-0.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012425&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) eased 0.1% to $608.89.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;inched 0.1% lower to $444.96.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) slipped 0.4% to $530.73.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) stalled at $229.40.</li>
<li>The&nbsp;Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) outperformed, up 0.9%; the&nbsp;Technology Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged, down 0.4%.</li>
</ul>
<h3 class="wp-block-heading">Friday&#8217;s Stock Movers</h3>
<ul>
<li>American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) fell 2.4% after reporting fourth-quarter results. </li>
<li>Other stocks moving on quarterly results were Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), up 1.3%, NextEra Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>), up 4%, HCA Healthcare Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCA#NYSE">HCA</a>), down 3.2%, First Citizens BancShares Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCNCA#NASDAQ">FCNCA</a>), up 3.1%, Ericsson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>), down 14.3%, Intuitive Surgical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>), down 3.6%, Texas Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), down 7.1%, and CSX Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>), down 2.8%. </li>
<li>Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) soared 8.1% after new weight loss drug amycretin showed strong trial results. </li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43198272/us-stocks-hit-dot-com-era-valuations-vs-bonds-why-some-experts-remain-bullish">US Stocks Hit Dot-Com Era Valuations Vs. Bonds: Why Some Experts Remain Bullish</a></li>
</ul>
Photo: Shutterstock

Large Cap

Macro Economic Events

Mid Cap

Broad U.S. Equity ETFs

Specialty ETFs

Commodities

Forex

Econ #s

Economics

$BTC

SPDR Dow Jones Industrial Average ETF Trust

ERIC

FCNCA

ISRG

PowerShares DB US Dollar Index Bullish Fund

Stocks Stall, Gold Nears Record Highs As Dollar Faces Worst Week Since July 2023: What's Driving Markets Friday?

High-rolling investors have positioned themselves bullish on Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in VZ often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Verizon Communications. This is not a typical pattern.
The sentiment among these major traders is split, with 62% bullish and 25% bearish. Among all the options we identified, there was one put, amounting to $32,020, and 7 calls, totaling $550,845.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $35.0 and $45.0 for Verizon Communications, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Verizon Communications's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Verizon Communications's whale trades within a strike price range from $35.0 to $45.0 in the last 30 days. 
<h3>Verizon Communications Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737746165_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>VZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$0.71</td>
<td>$0.59</td>
<td>$0.71</td>
<td>$40.50</td>
<td>$144.2K</td>
<td>1.8K</td>
<td>5.8K</td>
</tr>
<tr>
<td>VZ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$0.69</td>
<td>$0.6</td>
<td>$0.68</td>
<td>$40.00</td>
<td>$136.0K</td>
<td>7.1K</td>
<td>337</td>
</tr>
<tr>
<td>VZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$0.55</td>
<td>$0.47</td>
<td>$0.5</td>
<td>$40.00</td>
<td>$94.0K</td>
<td>31.9K</td>
<td>4.0K</td>
</tr>
<tr>
<td>VZ</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$6.4</td>
<td>$6.3</td>
<td>$6.35</td>
<td>$35.00</td>
<td>$63.5K</td>
<td>974</td>
<td>350</td>
</tr>
<tr>
<td>VZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.3</td>
<td>$1.21</td>
<td>$1.21</td>
<td>$45.00</td>
<td>$59.5K</td>
<td>8.5K</td>
<td>46</td>
</tr>
</tbody>
</table>

<h3>About Verizon Communications</h3>
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.
Having examined the options trading patterns of Verizon Communications, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Verizon Communications's Current Market Status</h3>
<ul>
<li>With a volume of 24,435,391, the price of VZ is up 1.51% at $39.77. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 0 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
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Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Verizon Communications, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Verizon Communications Unusual Options Activity For January 24

U.S. stocks traded mixed this morning, with the Dow Jones index falling over 50 points on Friday.
Following the market opening Friday, the Dow traded down 0.14% to 44,496.54 while the NASDAQ rose 0.05% to 20,063.40. The S&amp;P 500 also rose, gaining, 0.02% to 6,119.92.
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Leading and Lagging Sectors Energy shares surged by 0.9% on Friday.
In trading on Friday, information technology shares fell by 0.6%.
Top Headline
Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) reported better-than-expected fiscal fourth-quarter sales results on Friday.
Its revenue growth was 1.6% year-over-year reaching $35.70 billion, topping the analyst consensus estimate of $35.32 billion. Adjusted EPS of $1.10 was in line with the analyst consensus estimate.
Verizon added ~1 million postpaid mobile and broadband subscribers in the quarter, marking its best quarterly result in more than a decade.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Allurion Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALUR#NASDAQ">ALUR</a>) shares shot up 171% to $10.01 after the company announced plans to raise approximately $7.4 million of gross proceeds in offering priced at-the-market.</li>
<li>Shares of Nvni Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVNI#NASDAQ">NVNI</a>)got a boost, surging 98% to $2.9501 after the company announced it regained Nasdaq compliance regarding the minimum bid pricing list requirement.</li>
<li>PMGC Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELAB#NASDAQ">ELAB</a>) shares were also up, gaining 77% to $3.5100 after the company announced its Northstrive Biosciences subsidiary will present at a symposium on anti-obesity treatments.</li>
</ul>
Equities Trading DOWN
<ul>
<li>U Power Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCAR#NASDAQ">UCAR</a>) shares dropped 28% to $5.75 after the company announced the pricing of $5 million registered direct offering.</li>
<li>Shares of Hyzon Motors Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYZN#NASDAQ">HYZN</a>) were down 27% to $0.5599.</li>
<li>Diginex Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGNX#NASDAQ">DGNX</a>) was down, falling 48% to $6.64. Diginex announced the closing of $9.2 million initial public offering.</li>
</ul>
Commodities In commodity news, oil traded up 0.5% to $75.00 while gold traded up 0.7% at $2,784.10.
Silver traded up 1.5% to $31.290 on Friday, while copper fell 0.2% to $4.3215.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 gained 0.2%, Germany's DAX 40 fell 0.1% and France's CAC 40 gained 0.5%. Spain's IBEX 35 Index fell 0.3%, while London's FTSE 100 fell 0.5%.
Asia Pacific Markets
Asian markets closed mixed on Friday, with Japan's Nikkei 225 falling 0.07%, China's Shanghai Composite Index gaining 0.70%, Hong Kong's Hang Seng Index gaining 1.86% and India's BSE Sensex falling 0.43%.
Economics
<ul>
<li>The S&amp;P Global services PMI declined to 52.8 in January from 56.8 in the previous month, compared to market expectations of 56.5.</li>
<li>The S&amp;P Global manufacturing PMI rose to 50.1 in January versus 49.4 in December, versus market estimates of 49.7</li>
</ul>
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</ul>

Eurozone

Intraday Update

ALUR

DGNX

ELAB

HYZN

NVNI

UCAR

US Stocks Mixed; Verizon Posts Upbeat Sales

Verizon Business, a division of Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), has launched Verizon AI Connect, a set of solutions aimed at enabling businesses to scale their <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g43189459/verizon-unveils-ai-strategy-to-power-next-gen-ai-demands" rel="noreferrer noopener">artificial intelligence operations</a>.
This new offering is designed to meet the increasing need for computational power, especially for AI tasks that demand real-time decision-making (inferencing).
McKinsey predicts that by 2030, 60-70% of AI tasks will transition to real-time inference, leading to a critical demand for low-latency connectivity, computing power, and edge security.
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To address this, Verizon plans to assist hyperscalers, cloud providers, and global businesses by enhancing its network infrastructure, which includes 5G, fiber-optic connectivity, edge computing environments, and essential resources like power and cooling systems.
&#8220;We are seeing significant demand for reliable network infrastructure that can support existing AI workloads,&#8221; said Verizon Business CEO Kyle Malady.
The company has entered into a new partnership with Vultr, a global provider of GPU-as-a-Service (GPUaaS) and cloud computing.
Verizon has recently teamed up with NVIDIA to explore new ways of integrating GPU-powered edge platforms <a target="_blank" href="https://www.benzinga.com/tech/24/12/42536593/verizon-teams-up-with-nvidia-to-power-ai-apps-over-private-5g-networks" rel="noreferrer noopener">into its 5G private networks</a>.
Verizon and Google Cloud are working together on AI solutions for network management and anomaly detection and Verizon has expanded its partnership with Meta Platforms into network infrastructure with Verizon AI Connect.
&#8220;Telecom networks are uniquely positioned to provide a distributed AI infrastructure that meets enterprise needs,&#8221; said Senior Vice President of Telecom, NVIDIA, Ronnie Vasishta.
&#8220;NVIDIA AI and accelerated computing, integrated with Verizon&#8217;s network, allows enterprises to easily adopt AI-powered services at scale.&#8221;
In its fourth-quarter earnings result today, Verizon&nbsp;reported a 1.6% revenue growth to $35.70 billion with an adjusted EPS of $1.10, adding about 1 million postpaid mobile and<a target="_blank" href="https://www.benzinga.com/news/earnings/25/01/43189382/verizon-q4-earnings-revenue-beat-1-million-mobile-and-broadband-subscriber-adds-business-segment-margin-expands" rel="noreferrer noopener"> broadband subscribers in the quarter</a>.
Price Action: VZ shares are trading higher by 2.12% at $40.01 at the last check Friday.
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General

Verizon AI Connect Unleashes Next-Level Business Solutions - What's On The Cards?

Verizon Says Seeing Increasing Demand For Ai Connect Offerings

Verizon Business Announces Verizon AI Connect Suite To Enable Businesses To Deploy AI Workloads At Scale

Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)&nbsp;stock reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g43187225/verizon-delivered-strong-customer-growth-and-profitability-in-2024" rel="noreferrer noopener">fiscal&nbsp;fourth-quarter results</a> Friday.&nbsp;
Its revenue growth was 1.6% year-over-year reaching $35.70 billion, topping the&nbsp;analyst consensus estimate of $35.32 billion. Adjusted EPS of $1.10 was in line with the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst&nbsp;consensus estimate</a>.
Total wireless service revenue was $20.0 billion, up 3.1% year over year, driven by pricing actions and growth from fixed wireless connections.
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Verizon added ~1 million postpaid mobile and broadband subscribers in the quarter, marking its best quarterly result in more than a decade. Postpaid phone net additions were 568,000 versus 449,000 Y/Y. Verizon Business&#8217; retail postpaid net additions were 283,000.
The quarter saw 408,000 total broadband net additions, compared to 350,000 Y/Y.&nbsp;The company ended the quarter with over 12.3 million broadband subscribers, up 15.0% year over year.
At the end of the quarter of 2024, the company had ~4.6 million fixed wireless subscribers. Total fixed wireless access net additions reached 373,000 in the quarter.
It is well-positioned to achieve the next milestone of 8 to 9 million fixed wireless access subscribers by 2028.
Total Verizon Business revenues were $7.5 billion, down 1.5% Y/Y. Total Verizon Consumer revenue rose by 2.2% Y/Y to $27.6 billion.&nbsp;Consumer wireless retail postpaid churn was 1.12%, and wireless retail postpaid phone churn was 0.89%.&nbsp;
Verizon Consumer clocked wireless retail postpaid phone net additions of 426,000, up 34% Y/Y. Verizon Consumer had fixed wireless net additions of 216,000.
Verizon&#8217;s net income stood at $5.1 billion versus $(2.6) billion a year ago.
The consumer segment EBITDA margin declined by 100 bps to 37.5%, while the business segment EBITDA margin grew by 100 bps to 22.1%.&nbsp;
Company-level adjusted EBITDA of $11.9 billion, up from $11.7 billion Y/Y driven by wireless service revenue growth, partially offset by the impact of higher upgrade volumes and continued declines in Business wireline revenue.
Verizon&#8217;s 2024 free cash flow&nbsp;was $19.8 billion, up from $18.7 billion Y/Y.
FY25 Outlook: Verizon&nbsp;expects a 2.0%–2.8%&nbsp;growth in wireless service revenue. It projected an adjusted EPS of $4.59 – $4.73 versus&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of $4.71</a>.
Verizon expects $17.5 billion to $18.5 billion in 2025 free cash flow, $35 billion to $37 billion in operating cash flow and $17.5 billion to $18.5 billion in capital expenditure.
Price action:&nbsp;VZ stock is up 0.05% at $39.20 premarket at the last check on Friday.
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Photo via Shutterstock

Earnings

Guidance

Verizon Q4 Earnings: Revenue Beat, 1 Million Mobile And Broadband Subscriber Adds, Business Segment Margin Expands

For 2025, Verizon expects the following:
<ul>
<li>Total wireless service revenue growth of 2.0 percent to 2.8 percent.</li>
<li>Adjusted EBITDA growth of 2.0 percent to 3.5 percent.</li>
<li>Adjusted EPS growth of 0 to 3.0 percent.</li>
<li>Cash flow from operations of $35.0 billion to $37.0 billion.</li>
<li>Capital expenditures between $17.5 billion and $18.5 billion.</li>
<li>Free cash flow1 of $17.5 billion to $18.5 billion.</li>
</ul>

Verizon 2025 Guidance: Wireless Revenue Growth of 2.0%-2.8%, Adjusted EPS of $4.59-$4.73 Vs $4.71 Est, Capex at $17.5B-$18.5B

Mobility: Industry-leading wireless service revenue and double-digit growth in postpaid phone net adds
<ul>
<li>Wireless service revenue2 grew sequentially for the 18th consecutive quarter. Total wireless service revenue2 in fourth-quarter 2024 was $20.0 billion, up 3.1 percent year over year, driven primarily by pricing actions implemented in recent quarters, sales of perks and add-on services and growth in fixed wireless access.</li>
<li>Wireless equipment revenue of $7.5 billion in fourth-quarter 2024, up 0.6 percent compared to fourth-quarter 2023, predominantly due to increased upgrade volumes in the quarter.</li>
<li>Total postpaid phone net additions of 568,000 in fourth-quarter 2024, up from 449,000 in fourth-quarter 2023. &nbsp;</li>
</ul>
Broadband: Verizon continued to take broadband market share with strong demand for best in class Fios and fixed wireless access offerings
<ul>
<li>Broadband net additions of 408,000 in fourth-quarter 2024, continuing the quarterly pace of over 350,000 broadband net additions.</li>
<li>Total fixed wireless access net additions of 373,000 in fourth-quarter 2024, growing the base to nearly 4.6 million fixed wireless subscribers. The company is well-positioned to achieve the next milestone of 8 to 9 million fixed wireless access subscribers by 2028.</li>
<li>Fios internet net additions were 51,000 compared to 55,000 in fourth-quarter 2023.</li>
<li>Total broadband connections grew to more than 12.3 million as of the end of fourth-quarter 2024, representing a 15.0 percent increase year over year.</li>
</ul>
Verizon Consumer: Positive net additions with strongest quarterly phone gross additions result in five years
<ul>
<li>Total Verizon Consumer revenue in fourth-quarter 2024 was $27.6 billion, an increase of 2.2 percent year over year, predominantly driven by gains in service revenue.</li>
<li>Wireless service revenue in fourth-quarter 2024 was $16.5 billion, up 3.0 percent year over year, primarily driven by growth in Consumer wireless postpaid average revenue per account (ARPA) from pricing actions and continued fixed wireless access adoption.</li>
<li>Consumer wireless retail postpaid churn was 1.12 percent in fourth-quarter 2024, and wireless retail postpaid phone churn was 0.89 percent.</li>
<li>Consumer ARPA of $139.77 in fourth-quarter 2024, an increase of 4.2 percent compared to fourth-quarter 2023.</li>
<li>In fourth-quarter 2024, Consumer reported 426,000 wireless retail postpaid phone net additions, up 34.0 percent from fourth-quarter 2023. This improvement was driven by a 5.5 percent year over year increase in postpaid phone gross additions, which represented the strongest quarterly result for postpaid phone gross additions in five years.</li>
<li>Excluding the contribution from the company's second number offering, Consumer reported 82,000 wireless retail postpaid phone net additions for the year, meeting the goal of positive net additions for 2024, and 367,000 wireless retail postpaid phone net additions for fourth-quarter 2024.</li>
<li>Excluding SafeLink, Verizon's brand offering access to government-sponsored connectivity benefits and programs, in fourth-quarter 2024 Consumer reported 65,000 wireless retail prepaid net additions compared to 263,000 net losses in fourth-quarter 2023.</li>
<li>Consumer reported 216,000 fixed wireless net additions and 47,000 Fios Internet net additions in fourth-quarter 2024. Consumer Fios revenue was $2.9 billion in fourth-quarter 2024.</li>
<li>In fourth-quarter 2024, Consumer operating income was $6.9 billion, a decrease of 1.9 percent year over year, and segment operating income margin was 25.1 percent, compared to 26.1 percent in fourth-quarter 2023. Segment EBITDA1 in fourth-quarter 2024 was $10.3 billion, a decrease of 0.4 percent year over year. Improvements in Consumer wireless service revenue were more than offset by increases in upgrade volumes and the impact of related promotions in the period. Segment EBITDA margin1 in fourth-quarter 2024 was 37.5 percent compared to 38.5 percent in fourth-quarter 2023.</li>
</ul>
Verizon Business: Strong wireless service revenue driven by continued wireless customer growth
<ul>
<li>Business wireless service revenue in fourth-quarter 2024 was $3.5 billion, an increase of 3.4 percent year over year. This result was driven by continued strong net additions for both mobility and fixed wireless access, as well as benefits from pricing actions implemented in recent quarters.</li>
<li>Total Verizon Business revenue was $7.5 billion in fourth-quarter 2024, a decrease of 1.5 percent year over year, as increases in wireless service revenue were more than offset by decreases in wireline revenue.</li>
<li>Business reported 283,000 wireless retail postpaid net additions in fourth-quarter 2024. This result included 142,000 postpaid phone net additions. Our value proposition continued to resonate across all customer groups with particular strength in small and medium businesses.</li>
<li>Business wireless retail postpaid churn was 1.45 percent in fourth-quarter 2024, and wireless retail postpaid phone churn was 1.09 percent.</li>
<li>Business reported 157,000 fixed wireless net additions in fourth-quarter 2024.</li>
<li>In fourth-quarter 2024, Verizon Business operating income was $594 million, an increase of 34.1 percent year over year, resulting in segment operating income margin of 7.9 percent, an increase from 5.8 percent in fourth-quarter 2023. Segment EBITDA1 in fourth-quarter 2024 was $1.7 billion, an increase of 3.0 percent year over year. The result was driven by wireless service revenue growth partially offset by wireline revenue declines. Segment EBITDA margin1 in fourth-quarter 2024 was 22.1 percent, an increase from 21.1 percent in fourth-quarter 2023.</li>
</ul>

Verizon Reported Q4 Postpaid Phone Net Additions of 568K Vs 449K YoY, Broadband Net Additions of 408K Vs 350K YoY

WIIM

Verizon shares are trading higher after the company reported better-than-expected Q4 GAAP EPS and revenue results.

Verizon Communications Q4 2024 Adj. EPS $1.10, Inline

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