Verizon Stock News

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data.

Google parent Alphabet ( GOOGL , $2,752.88) briefly added more than $180 billion in market value at the opening bell Wednesday after the search giant easily topped fourth-quarter estimates and delivered on many investors'' longtime wishes by announcing a 20-for-1 stock split. An Alphabet stock split would not only make its A-class GOOGL shares and C-class GOOG shares more accessible to retail investors, but also perhaps open the door for inclusion into the elite Dow Jones Industrial Average one day. Alphabet announced both the stock split and its quarterly results late Tuesday, resulting in a jump in GOOGL stock of as much as 10% in the first few minutes of Wednesday''s session. That''s the biggest opening gap-up on earnings for its shares since April 2008, when they popped 19.1%, according to data from Bespoke Investment Group. SEE MORE The 22 Best Stocks to Buy for 2022 As good as Alphabet''s quarterly results were it earned $30.69 per share on $75.3 billion in revenues, topping respective estimates for $27.34 per share on $72.3 billion Wednesday''s price action was likely driven every bit as much by news of its proposed share split.

AT&T Slides After Slashing Dividend, Unveiling Warner Media Spinoff In a move that was widely anticipated by Wall Street, AT&T has just decided to cut its dividend to $1.1/share and spin off its Warner Media subsidiary, which will be merged with AT&T''s partner, Discovery. Despite being widely expected - the company was trading at a ridiculously high dividend yield north of 8.2% - the decision sent AT&T shares sliding 2% in premarket. Wall Street analysts generally see AT&T as a ''buy'', although some have lowered their long-term price targets in recent weeks. AT&T reported earnings and sales that generally surpassed expectations for the quarter just last week. CEO John Stankey said last week during the earnings call that he was unsure about whether to spin off Warner Media (which owns premium TV/streaming hitmaker HBO). But apparently, he has changed his mind as the blandishments of the 100% cash deal valued at $43 billion were simply too tempting to ignore - especially as the telco fights with Verizon for dominance in 5G, which is a capital intensive endeavor.

Sports betting and gaming company Entain PLC (LON:ENT) is set to invest $133 million in an innovation lab to develop immersive gaming in the metaverse. The initiative, known as Ennovate, will include partners the likes of Verizon Communications Inc (NYSE:VZ), BT Group (LON:BT.A), and Theta Labs. Q4 2021 hedge fund letters, conferences and more Metaverse […]

After the fiasco that was the 5G C-Band launch, a new statement from the FAA indicates that its ongoing communication with AT&T and Verizon is working towards making things clear for airlines.

Gabe Plotkin wasnt sleeping. His bets against meme stocks such as GameStop Corp. were backfiring, and losses at his $12.5 billion hedge fund were mounting.

Verizon Chairman and CEO Hans Vestberg made his first open-market stock purchase the day after the telecom giant reported fourth-quarter earnings.

Federal regulators will allow telecom giants AT&T and Verizon to station more 5G towers closer to airports.

Concern about new high-speed wireless service interfering with airplanes appears to be easing

About 53% of the regional fleet is facing restrictions. | Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images In the lead-up to AT&T and Verizons rollout of their upgraded 5G C-band equipment, it seemed like the sky was falling. For years , the Federal Aviation Administration and airline organizations had voiced concerns that the upgraded cellular tech could interfere with vital safety equipment on planes, while the FCC and carriers insisted it was safe, pointing to similar rollouts in dozens of other countries . Even after several delays , there were still last-minute deals being made between carriers and regulators, with airlines banding together to warn that the activation could cause a catastrophic disruption to air travel and shipping. Several international airlines canceled flights to certain US airports . But just a few days after the Continue reading

The TCL 30 V 5G, on sale now for $299 exclusively through Verizon, is the cheapest device that can currently connect to the carriers new C-band network. It offers a big 6.67-inch screen and 4,500mAh battery.

The FCC approved a new plan that would require internet providers, like Comcast and Verizon, to offer new labels disclosing an internet plans price, speed, and data allowances at the point of sale.

NEW YORK , Jan. 27, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, VZ, INTC, NIO, and DKNG. Full story available on Benzinga.com

The CEOs of several major airlines have concerns about 5G.