VZ 'Typical' Earnings, Wireless Companies are 'Giants'

Jeff Kagan says the earnings report from Verizon (VZ) was pretty typical for the leader in the telecom wireless space. He points to a weaker economy, weaker consumers weighing on the company's subscriber losses. He urges investors to have a longer-term perspective on the industry as it has evolved from 3G to the inevitable 6G wireless networking broadband. Jeff believes Verizon along with T-Mobile (TMUS) and AT&T (T) are giants in their space and "aren't going anywhere."

Morning Movers

22 Apr 2025

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