Verizon shares log best six-day stretch since 2020
[ad_1] The new year is bringing new momentum for Verizon Communications Inc.’s stock. The stock suffered its worst annual decline in 17 years during 2022, though it eked out gains…
Qualcomm jumps into emergency services with Snapdragon Satellite, in cooperation with Iridium
[ad_1] Qualcomm Inc. is looking to leapfrog Apple Inc. by offering emergency satellite phone service using Android smartphones, with specific product announcements expected by the middle of the year. At…
AT&T exec says this trend should give investors ‘confidence’
[ad_1] AT&T Inc. shares only registered one annual gain in the past five full calendar years. Main rivals Verizon Communications Inc. and T-Mobile US Inc. achieved the reverse, with their…
Lumen stock heads for worst year on record but is still overvalued, analyst says
[ad_1] Shares of Lumen Technologies Inc. have lost more than half their value this year and are headed for their worst yearly performance on record, but MoffettNathanson’s Nick Del Deo…
Telefonica backs target, dividend as it brings in $10.08 billion in revenue
[ad_1] Telefonica SA backed its financial targets and dividend for the year after it reported higher third-quarter revenue on improving handset sales as well as a boost from foreign exchange…
Warner Bros. Discovery warns of as much as $4.3 billion in restructuring charges
[ad_1] Warner Bros. Discovery Inc. WBD, -2.30% said it expected to incur as much as $4.3 billion in pretax restructuring charges through 2024, the result of a cost-cutting effort following the…
SoftBank loses $500 million from THG disposal
[ad_1] Japanese investor SoftBank has taken a loss of around £450 million ($509 million) after selling its stake in British e-commerce company THG. SoftBank 9984, -0.22% sold its entire interest…