Verizon’s stock rises after earnings — and a surprise entry into a new AI business area
At a glance
Thanks to its “dark fiber” deal with Google, Verizon has a “new revenue stream that’s above our core business,” its CFO says.
- Primary source
- MarketWatch.com - Top Stories — Read original article
- Published
- Topic
- Markets
Thanks to its “dark fiber” deal with Google, Verizon has a “new revenue stream that’s above our core business,” its CFO says.
This summary comes from MarketWatch.com - Top Stories. Read the full article at the original source.
References
More in Markets
3 Wall Street strategists on the question every investor is asking: Is the worst over for the stock market?
Wall Street just limped through its roughest stretch in months, and every investor is asking the same nervous question: Is the worst over in the stock market, or is the selloff…
Loyalists may miss the old Southwest. Wall Street loves the new one.
The airline is ‘getting on with the times,’ one fund manager says
The equal-weighted S&P 500 just smoked the Nasdaq-100 in July — outperforming amid the violent chip-stock unwind
Tech stocks struggled in July. Will the volatility around the AI trade continue in August?
Is the government lying to us about inflation?
The concern is understandable, since the consumer-price index affects everything from Social Security’s annual cost-of-living adjustment to the interest rate earned by investors…