Verizon's NYSE: VZ stock price is amid a technical reversal and will likely advance 45% or more. After years of sluggish growth and uncertainty driven by the pandemic, the 5G industry is set to boom in 2025. The forecast is for widening us driven by increased network availability and use cases facilitated by AI and the IoT. The critical factor with the IoT is the speed of 5G, which allows for real-time interaction with remote devices. Verizon Communications TodayVZVerizon Communications$43.89 -0.19 (-0.43%) ...

The latest trading session saw Verizon Communications (VZ) ending at $43.88, denoting a -0.45% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.29%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 0.31%.Heading into today, shares of the largest U.S. cellphone carrier had gained 7.91% over the past month, outpacing the Computer and Technology sector's loss of 1.17% and the S&P 500's gain of 1.57% in that time.The upcomi ...

Core Insights - Grain Management, LLC has appointed Steven R. Smith as Managing Director on the Investment Team, bringing over 30 years of experience in the TMT industry [1][2] - Smith's previous role at Verizon included leading Corporate Finance and overseeing a multi-billion dollar capital program, which enhances Grain's capabilities in spectrum-related opportunities [1][2] - The addition of Smith aligns with Grain's strategy to expand its leadership in telecommunications and digital infrastructure, particularly in light of industry growth driven by immersive technology, generative AI, and 5G networks [3] Company Overview - Grain Management, founded in 2007, is a global investment firm specializing in digital infrastructure and broadband communications [4] - The firm emphasizes the importance of broadband and digital infrastructure in the tech-enabled transformation across various industries [4] - Grain's investment strategy is guided by a combination of sector knowledge, operational experience, and a disciplined analytical approach, focusing on fiber networks, data centers, wireless spectrum, and cell towers [4]

Verizon Communication, Inc. (VZ) recently introduced new cell sites and expanded network capacity in the Savannah, GA, region to empower its residents, businesses and visitors with high-performing 4G LTE and 5G Ultra Wideband coverage. The expansion covers Pooler, Port Wentworth, Savannah's Historic District and enhanced in-building network coverage at Savannah/Hilton Head International Airport. The network upgrades are part of Verizon's multi-year initiative to improve its nationwide infrastructure, enabli ...

Meeko Media/iStock via Getty Images Co-authored by Treading Softly When was the last time that you had a second thought about paying your power bill, cell phone bill, or Internet bill? When was the last time you thought deeply before flipping on a light switch or starting your car? You see, there are many things that we do without even a second of additional thought. We do them because they're necessary, or we do them because we need to. We turn on the lights when we enter a room because we need visibility. ...

Verizon Communication, Inc. (VZ) recently disclosed that it is set to incur a severance charge between $1.7 billion and $1.9 billion in the third quarter of 2024. In a bid to trim operating costs, the telecom giant announced a voluntary separation program in June for management staff based in the United States. Per the program, about 4,800 employees are expected to depart by the end of March, 2025 and over half of these workers are set to leave by the end of September 2024. The company is also planning to d ...

What you need to know: Verizon Business in partnership with Ericsson will host its third Innovation Session of 2024 at Capital One Arena in Washington, D.C. on September 17The session will feature panel discussions from industry experts at Google, U.S. Customs and Border Protection, U.S. Secret Service, NHL, Monumental Sports & Entertainment and Ericsson NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Verizon Business is set to bring the latest iteration of its Innovation Sessions tour to Capital One Arena in ...

ALPHARETTA, Ga., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Verizon recently turned on new cell sites, bringing fast and reliable 4G LTE and 5G Ultra Wideband service to residents and visitors of Pooler, Port Wentworth, and Savannah, including the Historic District. Whether enjoying connecting with friends and family while on the move, connecting their smart homes through Verizon Home Internet, or using Verizon service for small business or enterprise applications, Verizon customers in the Savannah area just got a ...

In the latest market close, Verizon Communications (VZ) reached $43.75, with a +0.23% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 1.07%. Elsewhere, the Dow gained 0.31%, while the tech-heavy Nasdaq added 2.17%.The the stock of largest U.S. cellphone carrier has risen by 7.04% in the past month, leading the Computer and Technology sector's loss of 0.16% and the S&P 500's gain of 2.92%.The investment community will be paying close attention to the earnin ...

The telecom giant's leverage ratio is about to go in the wrong direction.Verizon (VZ 3.84%) is one of the top dividend stocks in the S&P 500. The telecom giant's payout currently yields more than 6.5%. That puts it among the 10 highest yields in that broad market index, where the average is less than 1.5%. Further, the company recently increased its payout for the 18th straight year. That's the longest current streak in the U.S. telecom sector. A big factor driving Verizon's ability to continue increasing i ...