Verizon Communications 株価情報 (NYSE: VZ)

最新ニュース Verizon Communications (NYSE:VZ) 株価情報

Verizon Communications

Wireless services account for nearly 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses, including about 20 million with the Fios fiber optic network. These networks serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.

Verizon Communications Inc

VIZIO HLDG CORP CL A COM

Vizsla Silver Corp

In the latest quarter, 7 analysts provided ratings for Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $49.0, a high estimate of $55.00, and a low estimate of $45.00. Marking an increase of 2.08%, the current average surpasses the previous average price target of $48.00. 
<img src="https://www.benzinga.com/files/images/story/2025/1745434846_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Verizon Communications. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;---------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;Maher Yaghi &#x7C;Scotiabank &#x7C;Raises &#x7C;Sector Perform &#x7C; $49.00&#x7C;$48.50 &#x7C; 
&#x7C;Maher Yaghi &#x7C;Scotiabank &#x7C;Raises &#x7C;Sector Perform &#x7C; $48.50&#x7C;$48.00 &#x7C; 
&#x7C;Timothy Horan &#x7C;Oppenheimer &#x7C;Raises &#x7C;Outperform &#x7C; $50.00&#x7C;$48.00 &#x7C; 
&#x7C;Jonathan Atkin &#x7C;RBC Capital &#x7C;Raises &#x7C;Sector Perform &#x7C; $45.00&#x7C;$42.00 &#x7C; 
&#x7C;Maher Yaghi &#x7C;Scotiabank &#x7C;Raises &#x7C;Sector Perform &#x7C; $48.00&#x7C;$47.50 &#x7C; 
&#x7C;Ivan Feinseth &#x7C;Tigress Financial &#x7C;Maintains &#x7C;Buy &#x7C; $55.00&#x7C;$55.00 &#x7C; 
&#x7C;Maher Yaghi &#x7C;Scotiabank &#x7C;Raises &#x7C;Sector Perform &#x7C; $47.50&#x7C;$47.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Verizon Communications. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Verizon Communications compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Verizon Communications's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Verizon Communications's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/VZ/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Verizon Communications analyst ratings.</a>
<h2>Get to Know Verizon Communications Better</h2>
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.
<h3>Unraveling the Financial Story of Verizon Communications</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Verizon Communications displayed positive results in 3M. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 1.57%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 14.03%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Verizon Communications's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.12% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Verizon Communications's ROA excels beyond industry benchmarks, reaching 1.31%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 1.7, Verizon Communications faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

A Glimpse Into The Expert Outlook On Verizon Communications Through 7 Analysts

AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) reported strong first-quarter results and <a href="https://www.benzinga.com/news/earnings/25/04/44947739/att-adds-324-thousand-postpaid-subscribers-in-q1-outpaces-verizons-289-thousand-loss">announced a share buyback program</a>.
Stock reaction remains subdued, as investors focus on competition in the wireless market and await projections of the impact of tariffs, according to Goldman Sachs.
The AT&amp;T Analyst: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5805f8a2846faa000106ab15/james-schneider">Analyst James Schneider</a> maintained a Buy rating and price target of $31.
The AT&amp;T Thesis: The company reported revenues of $30.6 billion and adjusted EBITDA of $11.5 billion, beating consensus estimates of $30.3 billion and $11.32 billion, respectively, Schneider said in the note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
AT&amp;T's postpaid phone net adds came in at 324,000, significantly above Street expectations of 253,000, the analyst stated. He added, however, that postpaid phone churn was elevated during the quarter.
Taking into consideration the postpaid phone net adds of AT&amp;T and rival Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), the trend represents a significant slowdown in the overall wireless market, Schneider said.
Verizon had indicated that it expects the impact of tariffs on its business to be minimal and that it plans to transfer the cost to consumers, the analyst stated. "We also expect AT&amp;T management to provide an update on the health of the consumer as well as enterprise spending," he further wrote.
T Price Action: Shares of AT&amp;T had risen by 0.46% to $27.08 at the time of publication on Wednesday.
Read More: • <a href="https://www.benzinga.com/news/earnings/25/04/44947739/att-adds-324-thousand-postpaid-subscribers-in-q1-outpaces-verizons-289-thousand-loss">AT&amp;T Adds 324 Thousand Postpaid Subscribers In Q1, Outpaces Verizon&#8217;s 289 Thousand Loss</a>
Photo: Shutterstock

Analyst Color

Earnings Beats

Reiteration

Buybacks

AT&T Shatters Q1 Subscriber Expectations: Here's Why Investors Remain Cautious, Analyst Says

Scotiabank analyst Maher Yaghi maintains Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) with a Sector Perform and raises the price target from $48.5 to $49.

News

Price Target

Scotiabank Maintains Sector Perform on Verizon Communications, Raises Price Target to $49

AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/n44944470/at-t-delivers-strong-first-quarter-financial-performance" rel="noreferrer noopener">fiscal first-quarter 2025</a> results Wednesday.
The telecom giant reported quarterly&nbsp;operating revenues of $30.63 billion, up 2.0% year over year. This beat the&nbsp;analyst consensus estimate of $30.35 billion. Adjusted EPS of $0.51 also beat&nbsp;the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $0.49</a>.
AT&amp;T&#8217;s 324 thousand postpaid phone net adds (versus 349 thousand a year ago) with postpaid phone churn&nbsp;of&nbsp;0.83% (versus 0.72% a year ago). Contrastingly, Verizon Communications Inc&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) quarterly <a target="_blank" href="https://www.benzinga.com/25/04/44920917/verizon-struggles-with-subscriber-losses-from-price-increases-competition-and-lower-government-support" rel="noreferrer noopener">postpaid phone net losses</a> were 289,000 versus 114,000 net losses Y/Y driven by price hikes, intense rival promotional offers, and lower government support.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44928719/verizons-subscriber-losses-raise-concerns-but-strong-business-revenue-guidance-keeps-analyst-optimistic" rel="noreferrer noopener">Verizon&#8217;s Subscriber Losses Raise Concerns, But Strong Business Revenue, Guidance Keeps Analyst Optimistic</a>
AT&amp;T&#8217;s Consumer Wireline segment had 261 thousand AT&amp;T Fiber net&nbsp;adds. Verizon had 339,000 total broadband net additions,&nbsp;compared to 389,000&nbsp;Y/Y.
AT&amp;T reported 181 thousand AT&amp;T Internet Air net adds.
AT&amp;T&#8217;s adjusted EBITDA of $11.5 billion was up from $11.0 billion a year ago.&nbsp;It spent $4.3 billion on Capex. Net income&nbsp;of&nbsp;$4.7 billion&nbsp;rose compared to $3.8 billion&nbsp;in the year-ago quarter.
The company generated $9.0 billion in operating cash flow (up from $7.5 billion in the year-ago quarter) and $3.1 billion in free cash flow (up from 2.8 billion last year).
Prepaid churn&nbsp;was 2.64% compared to 2.77% in the year-ago quarter. Postpaid phone-only ARPU&nbsp;was $56.56, up 1.8% compared to the year-ago quarter.
Operating Income: Operating income was $5.75 billion, versus $5.85 billion in the year-ago quarter.
The Mobility segment&#8217;s operating income grew 4.2%&nbsp;year over year&nbsp;to $6.74 billion, with a margin of 31.2% compared to 31.4% in the <a target="_blank" href="https://investors.att.com/news-and-events/events-and-presentations" rel="noreferrer noopener">year-ago quarter</a>.
The Business Wireline segment operating margin was (2.2)% compared to 1.3% in the year-ago quarter. The Consumer Wireline segment operating margin was 9.9% compared to 6.4% in the year-ago quarter.
FY25 Outlook: AT&amp;T&nbsp;<a target="_blank" href="https://www.benzinga.com/25/01/43230968/att-q4-earnings-307k-fiber-adds-projects-mid-teens-broadband-growth-in-2025" rel="noreferrer noopener">reiterated consolidated service</a> revenue&nbsp;growth in the low-single-digit range, Mobility service revenue growth in the higher end of 2%-3%, Consumer fiber broadband revenue growth in the mid-teens, and adjusted EPS of $1.97 – $2.07 versus&nbsp;the&nbsp;$2.04 <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">analyst consensus estimate</a>.
It maintained full-year adjusted EBITDA growth of 3% or better and full-year free cash flow, excluding DIRECTV, of $16 billion+.
Chair and CEO&nbsp;John Stankey said AT&amp;T Fiber and 5G wireless were gaining traction. He also reiterated the company&#8217;s priorities it laid out at the 2024 Analyst &amp; Investor Day in December.
Price Action: T stock is up 2.63% at $27.67 in the premarket&nbsp;at&nbsp;the last check on Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/25/04/44930091/t-mobiles-long-game-five-year-price-lock-takes-a-jab-at-verizon" target="_blank" rel="noreferrer noopener">T-Mobile&#8217;s Long Game: Five-Year Price Lock Takes A Jab At Verizon</a></li>
</ul>
Photo by Jason Taylor AG via Shutterstock

Earnings

Guidance

Movers

Tech

Trading Ideas

AT&T Adds 324 Thousand Postpaid Subscribers In Q1, Outpaces Verizon's 289 Thousand Loss

U.S. stock futures continued rising on Wednesday after a day of strong recovery on Tuesday. Futures of major benchmark indices were higher in premarket.
President Donald Trump <a href="https://www.benzinga.com/markets/equities/25/04/44943319/craig-shapiro-takes-a-dig-at-donald-trump-trump-2-0-same-as-1-0-after-administration-hints-at-a-">hinted at a deal with China</a>. While speaking to the reporters at the White House, he said, "I think we will make a deal with China. If we don't make a deal, we will set it. I think they will want to be a part of the United States. We're doing great. This is the Golden Age.&#8221;
Meanwhile, Treasury Secretary Scott Bessent, <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44935649/alibaba-nio-pdd-shares-rise-amid-potential-de-escalation-of-china-trade-tensions-whats-going-on">during a private meeting</a> hosted by JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), hinted at de-escalation with China. 
He said that a deal is achievable even as the formal negotiations have not begun yet. Bessent acknowledged that current duties were untenable, but did not provide the specifics or the timeline of the deal.
The 10-year Treasury bond yielded 4.34% and the two-year bond was at 3.83%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 94.2% likelihood of the Federal Reserve keeping the current interest rates unchanged in its May meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>1.72%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>2.17%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>2.49%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2.21%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 2.08% to $538.21, while the QQQ advanced 2.50% to $455.59, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
Fueled by strong earnings reports from 3M Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) and Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), alongside a more than 5% after-hours surge for Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), U.S. stocks closed higher Tuesday.
On the economic front, the U.S. Redbook Index increased 7.4% year-over-year in the week ending April 19.
All S&amp;P 500 sectors advanced, led by financial, consumer discretionary, and communication services stocks.
As of Tuesday, the Nasdaq 100 index was down 17.76% from its previous high of 22,222.61 points. The S&amp;P 500 index was 13.98% lower, as compared to the last record high of 6,147.43 points. On the other hand, Dow Jones was 13.06% down from its 52-week high of 45,073.63 points.

<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>2.71%</td>
<td>16,300.42</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>2.51%</td>
<td>5,287.76</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>2.66%</td>
<td>39,186.98</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2.71%</td>
<td>1,890.28</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Senior economist Mohamed El-Erian underscored in an X post that volatility was the dominant theme for U.S. financial assets as the stocks recovered sharply on Tuesday after Monday&#8217;s heavy selloff.
According to him, Tuesday&#8217;s session followed the &#8220;exact opposite session on Monday,&#8221; which had seen a decline in equities, a fall in the dollar, and a rise in gold prices. 
He was of the opinion that &#8220;Given all the uncertainties in play, it is prudent to expect continued volatility in the weeks ahead.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Volatility continues to be the dominant theme for US financial assets: In both the regular session and after-hour trading on Tuesday, stocks bounced strongly, the dollar strengthened and yields edged lower — this as the US authorities signaled a greater probability of… <a href="https://t.co/quJb8UnWRt">pic.twitter.com/quJb8UnWRt</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1914830729902743918?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Ryan Detrick from Carson Research highlighted a trend in the market, the occurrence of which has marked the bottom within the NYSE in 1987, 2009, 2011 and 2020.
According to the data, over 89% of stocks advanced, with 89% of trading volume on Tuesday. This has happened on two days within nine trading days on April 9 and April 22.
This market signal's reliability stems from extreme market breadth, indicating oversold conditions, often preceding rebounds as investor sentiment shifts.
However, the past performance isn't a guaranteed predictor, especially with current pressures like Trump's tariff policies and potential Federal Reserve rate changes.
Detrick said that after such a market signal, the market was &#8220;Up nearly 25% on avg 6 months later.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&gt;89% advancers and 89% of volume advancing on the NYSE has happened twice over the past 9 trading days. The first big day is a clue, the second is the signal. Rare stuff and has always marked lows. 1/5/87, 3/12/09, 8/11/11, and 4/8/20 Up nearly 25% on avg 6 months later. <a href="https://t.co/xPuEboktAA">pic.twitter.com/xPuEboktAA</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1914879487419830550?ref_src=twsrc%5Etfw">April 23, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
According to Louis Navellier of Navellier &amp; Associates, investors, including Fed Chairman Jerome Powell, have been &#8220;needlessly worried&#8221; about inflation and stagflation that has not materialized. &#8220;The reality is that deflation has arrived in the wake of the lowest crude oil prices in the past four years, so investors, the Fed, and our allies have been unnecessarily worried over nothing,&#8221; he said.
&#8220;The stock market is a manic crowd that likes to react first and think second. It is now time to think and prosper during another spectacular earnings announcement season. Spring has arrived, and consumers are increasingly getting out and about, which is why the strongest retail sales in two years just occurred,&#8221; he added.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Wednesday:
<ul>
<li>Chicago Fed President Austan Goolsbee will speak at 9:00 a.m., whereas St. Louis Fed President Alberton Musalem and Fed Governor Christopher Waller speak after that at 9:30 a.m. ET.</li>
</ul>
<ul>
<li>April&#8217;s S&amp;P flash U.S. services and manufacturing PMI will be announced by 9:45 a.m., and new home sales data for March will be out by 10:00 a.m. ET.</li>
</ul>
<ul>
<li>Fed Beige Book will be out by 2:00 p.m., and Cleveland Fed President Beth Hammack will speak at 6:30 p.m. ET.</li>
</ul>
<ul>
<li>Atlanta Fed President Raphael Bostic will speak at 7:40 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) rose 1.00% in premarket on Wednesday as it is expected to report earnings before the opening bell. Analysts expect a quarterly earnings of 49 cents per share on revenue of $30.35 billion.</li>
</ul>
<ul>
<li>Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) was up 0.54% as Wall Street expects it to report earnings of $1.61 per share on revenue of $9.12 billion before the opening bell.</li>
</ul>
<ul>
<li>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) advanced 1.80% as it is expected to report earnings before the opening bell. Analysts expect a quarterly earnings of 42 cents per share on revenue of $7.54 billion.</li>
</ul>
<ul>
<li>Chipotle Mexican Grill Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) gained 2.02% as Wall Street expects it to report earnings of 28 cents per share on revenue of $2.97 billion after the closing bell.</li>
</ul>
<ul>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) jumped 6.86% despite posting weaker-than-expected earnings and sales results for its first quarter on Tuesday. However, Elon Musk said that his time at the Department of Government Efficiency was likely to drop &#8220;significantly.&#8221;</li>
</ul>
<ul>
<li>Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) was 1.63% higher after reporting stronger-than-expected first-quarter. The company shipped 3.5 million tons of steel during the first quarter and generated $230 million of operating income from its steel operations.</li>
</ul>
<ul>
<li>EQT Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) traded higher by 1.81% after projecting increased sales volume and adjusting 2025 expenditure plans for the year.</li>
</ul>
<ul>
<li>Sonoma Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNOA#NASDAQ">SNOA</a>) surged 77.25% after receiving U.K. MHRA registration for its hypochlorous acid acne products, set for launch in over 1,200 stores via a major pharmacy chain.</li>
</ul>
<ul>
<li>AgriFORCE Growing Systems Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGRI#NASDAQ">AGRI</a>) climbed 44.13% after it expanded Ohio Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining with 500 more S19j Pro Antminers for its second site, boosting the total Ohio hash rate to 130 PH/s.</li>
</ul>
<ul>
<li>MYT Netherlands Parent BV ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYTE#NYSE">MYTE</a>) shares plunged by 30.72% after it decided to rebrand as LuxExperience B.V. with a change in its ticker from MYTE to LUXE on NYSE from May 1, 2025.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 1.81% to hover around $64.82 per barrel.
Gold Spot US Dollar declined 1.83% to hover around $3,319.46 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.17% at the 99.0890 level.
Asian markets were higher on Wednesday, Hong Kong's Hang Seng, India's S&amp;P BSE Sensex, Japan's Nikkei 225, China&#8217;s CSI 300, Australia's ASX 200, and South Korea's Kospi index all advanced. European markets were also higher in early trade.
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44942759/gamestop-short-seller-andrew-left-goes-long-on-china-and-these-two-us-stocks-amid-the-market-correction-heres-more-on-it">GameStop Short Seller Andrew Left Goes Long On China And These 2 US Stocks Amid Market Correction</a></li>
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Photo courtesy: Frontpage / Shutterstock.com

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Pre-Market Outlook

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$BTC

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MYTE

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US Stocks Likely To Open Higher After Trump Administration Hints At A Deal With China: 'It Is Prudent To Expect Continued Volatility In The Weeks Ahead,' Says Expert

The CNN Money Fear and Greed index showed further easing in overall fear level, while the index remained in the &#8220;Extreme Fear&#8221; zone on Tuesday.
U.S. stocks settled higher on Tuesday, with the Dow Jones index jumping more than 1,000 points during the session.
3M Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) reported better-than-expected first-quarter 2025 results. Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) reported upbeat fiscal first-quarter results Tuesday.
Shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) gained over 5% in after-hours trading on Tuesday after the company posted financial results for its first quarter.
On the economic data front, the U.S. Redbook Index rose by 7.4% year-over-year in the week ending April 19.
All sectors on the S&amp;P 500 closed on a positive note, with financial, consumer discretionary, and communication services stocks recording the biggest gains on Tuesday.
The Dow Jones closed higher by around 1,017 points to 39,186.98 on Tuesday. The S&amp;P 500 jumped 2.51% to 5,287.76, while the Nasdaq Composite surged 2.71% to 16,300.42 during Tuesday's session.
Investors are awaiting earnings results from Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), and AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 24.4, the index remained in the &#8220;Extreme Fear&#8221; zone on Tuesday, versus a prior reading of 21.6.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based&nbsp;on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/25/04/44920101/top-2-tech-and-telecom-stocks-you-may-want-to-dump-this-quarter">Top 2 Tech And Telecom Stocks You May Want To Dump This Quarter</a> </li>
</ul>
Photo courtesy: Shutterstock

Dow Jumps Over 1,000 Points Amid Upbeat Earnings: Greed Index Remains In 'Extreme Fear' Zone

After Monday&#8217;s broad-based sell-off — triggered by renewed pressure from President Donald Trump on Federal Reserve Chairman Jerome Powell, raising concerns over the integrity of central bank independence — Wall Street bounced back with strength on Tuesday, buoyed by upbeat signals from <a href="https://www.benzinga.com/earnings">the corporate earnings season.</a>
By midday in New York, major indices were up by nearly 3%, with all 11 sectors of the S&amp;P 500 trading in positive territory. Consumer discretionary stocks led the rally.
The Dow Jones Industrial Average surged over 1,000 points, breaking above the 39,200 mark, as bullish momentum swept across Wall Street. Only a few S&amp;P 500 stocks remained in negative territory.
At a JPMorgan-hosted event in Washington, U.S. Treasury Secretary Scott Bessent hinted at a potential de-escalation in tensions with China, further supporting risk sentiment.
Shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) surged nearly 5% as investors looked ahead to the company's first-quarter earnings report, due after the closing bell.
In the bond market, after two sessions of rising Treasury yields, a modest pullback suggested some investors saw an opportunity to buy as long-dated yields neared the 5% threshold.
On the commodities front, gold briefly touched $3,500 per ounce overnight before retreating to $3,420 amid an improvement in equity market sentiment. Oil jumped 2.3%, with WTI crude reaching $64 per barrel, while copper gained 2.8%.
The cryptocurrency market also reflected a broader risk-on mood. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rallied 4% to $91,000, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) advanced more than 7% to $1,700.
<h1 class="wp-block-heading">Tuesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg</td>
<td>1-day %</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,321.10</td>
<td>+512.80</td>
<td>2.9%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,215.87</td>
<td>+1,045.46</td>
<td>2.7%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,297.34</td>
<td>+139.14</td>
<td>2.7%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,889.24</td>
<td>+48.92</td>
<td>2.7%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:10 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rallied 2.7% to $527.95.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 3.9% to $392.14.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 3% to $446.20.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 2.7% to $187.68.</li>
<li>The&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, up 3.8%. </li>
</ul>
<h1 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h1>
Stocks reacting to quarterly earnings included: 
<ul>
<li>General Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) up 4.8%</li>
<li>Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) up 0.5%,</li>
<li>RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) down 8.7%</li>
<li>Danaher Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) up 6.6%, </li>
<li>Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) up 2.4%, </li>
<li>Moody&#8217;s Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>) up 3%</li>
<li>3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) up 8%</li>
<li>Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) down 13%</li>
<li>Equifax Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) up 14%. </li>
<li>Halliburton Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) down 4.9%. </li>
</ul>
Shares of First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) soared 12% as the U.S. administration imposed tariffs up to 3,521% on solar imports from Southeast Asia. 
<h1 class="wp-block-heading">S&amp;P 500&#8217;s Top 5 Gainers</h1>
<figure class="wp-block-table"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Equifax Inc. </td>
<td>14.34%</td>
</tr>
<tr>
<td>First Solar, Inc. </td>
<td>12.35%</td>
</tr>
<tr>
<td>Pentair plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>)</td>
<td>9.59%</td>
</tr>
<tr>
<td>Invesco Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>)</td>
<td>9.17%</td>
</tr>
<tr>
<td>PulteGroup, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>)</td>
<td>8.30%</td>
</tr>
</tbody>
</table>
</figure>
Read Now: 
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<li><a href="https://www.benzinga.com/government/regulations/25/04/44926902/imf-slashes-us-growth-outlook-as-trump-tariffs-bite-raises-recession-odds-to-40">IMF Slashes US Growth Outlook As Trump Tariffs Bite, Raises Recession Odds To 40%</a></li>
</ul>
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Wall Street Rebounds Ahead Of Tesla Earnings, Dow Adds 1,000 Points, Bitcoin Hits $91,000: What's Driving Markets Tuesday?

T-Mobile US, Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) prepaid brand Metro announced on Tuesday that starting April 24, the company is lowering prices across the board and launching four new plans: Metro Starter, Metro Starter Plus, Metro Flex Unlimited and <a href="https://www.benzinga.com/pressreleases/25/04/b44921711/metro-by-t-mobile-launches-new-plans-shakes-up-prepaid-with-lower-prices" target="_blank" rel="noreferrer noopener">Metro Flex Unlimited Plus</a>.
Metro guarantees that lower talk, text and data prices will remain unchanged for the next five years.
Plus, customers can get a new phone on each plan when they bring their number.
Also Read: <a href="https://www.benzinga.com/news/25/02/43883822/t-mobile-wins-nyc-public-safety-deal-introduces-new-plans-for-first-responders-and-military-families" target="_blank" rel="noreferrer noopener">T-Mobile Wins NYC Public Safety Deal, Introduces New Plans For First Responders And Military Families</a>
Under the Metro Starter plan, a family of four can sign up for just $25 per line per month with AutoPay (it&#8217;s $105 total for the first month). Each person can get a 5G phone, implying up to $350 in savings for a family of four.
As per Metro Starter Plus, a consumer can bring their existing number, get a new phone and have unlimited talk, text and 5G data for just $40. New customers can also get two lines with unlimited 5G and two Samsung Galaxy A15 5G phones for $65 per month.
Under the Metro Flex Unlimited plan, a family of four can pay $30 per line with AutoPay ($125 total for the first month) and unlimited talk, text and 5G data. The Flex plans include annual device upgrades with the same deals new customers get when they trade in their phones after 12 months.
Per Metro Flex Unlimited Plus, customers can avail of over $250 in added value and&nbsp;$10 a month less than Metro Flex Plus. Customers can enjoy&nbsp;Amazon Prime&nbsp;at no extra cost. Customers can bring a smartwatch or tablet to Metro and connect them for just $5 a month each, plus, they also get HD video streaming.
New and existing customers can add a 2GB line to any plan for just $15 at $5 a month starting in month two.
Rival Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) <a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44928719/verizons-subscriber-losses-raise-concerns-but-strong-business-revenue-guidance-keeps-analyst-optimistic">reported&nbsp;fiscal&nbsp;first-quarter&nbsp;results&nbsp;on Tuesday</a>.&nbsp;Its revenue growth was 1.5%, reaching $33.49 billion, topping the&nbsp;analyst consensus estimate of $33.24 billion. Adjusted EPS of $1.19 topped the&nbsp;analyst&nbsp;consensus estimate of $1.15.
Postpaid phone net losses were 289,000 versus 114,000 net losses Y/Y driven by price hikes, intense rival promotional offers, and lesser government support. Verizon attributed some of the loss to lower spending by some federal agencies.
Verizon&nbsp;reiterated a 2%–2.8%&nbsp;growth in wireless service&nbsp;revenue. It reaffirmed an adjusted EPS of $4.59 – $4.73 versus&nbsp;consensus of $4.67.
Verizon reiterated $17.5 billion to $18.5 billion in 2025 free cash flow, $35 billion to $37 billion in operating cash flow and $17.5 billion to $18.5 billion in capital expenditure. Verizon&#8217;s guidance does not include any tariff impact.
Verizon recently&nbsp;promised&nbsp;a&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/04/44644607/verizons-new-3-year-price-lock-free-phone-offer-strategic-move-to-boost-customer-retention" rel="noreferrer noopener">three-year price</a> guarantee and a free phone trade-in for mobile phones and home internet plans to gain market share.
According to Bloomberg analysts, Verizon and its rivals remain shielded from President Donald Trump&#8217;s tariff policies because of their U.S. focus.
TMUS Price Action: T-Mobile US stock traded higher by 1.71% to $257.89 at publication on Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44908035/salesforces-investment-in-ai-and-data-cloud-boosts-long-term-growth-outlook-analyst-confident" target="_blank" rel="noreferrer noopener">Salesforce&#8217;s Agentforce AI, Data Cloud Strengthen Long-Term Growth Potential: Analyst</a></li>
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Photo: Shutterstock
.

TMUS

T-Mobile's Long Game: Five-Year Price Lock Takes A Jab At Verizon

Goldman Sachs analyst James Schneider maintained a Buy rating on Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) with a <a href="https://www.benzinga.com/quote/VZ/analyst-ratings" target="_blank" rel="noreferrer noopener">price target of $52</a> on Tuesday.
What Happened: Verizon reported total revenue of $33.5 billion, in line with the analyst estimate of $33.4 billion and the Street (Visible Alpha Consensus Data) at $33.3 billion. Adjusted EPS was $1.19 versus the analyst estimate of $1.14 and the consensus of $1.15.
Read Next: <a target="_blank" href="https://www.benzinga.com/25/04/44920917/verizon-struggles-with-subscriber-losses-from-price-increases-competition-and-lower-government-support" rel="noreferrer noopener">Verizon Loses 289 Thousand Postpaid Subscribers In Q1 Due To Price Hikes And Competition</a>
Total wireless service revenue of $20.8 billion (+2.7% Y/Y) was in line with analyst estimates of $20.83 billion, still above the Street&#8217;s estimate of $20.44 billion.&nbsp;&nbsp;
Postpaid phone net additions were -289k, well below the analyst estimate at -240k, and the Street at -199k. Consumer revenue of $25.6 billion was in line with analyst estimates of $25.56 billion and the Street at $25.45 billion. Consumer postpaid phone net additions were -356k, well below the analyst estimate at -320k and the Street at -289k, and consumer fixed wireless net additions came in at +199k, in line with the analyst estimate at +200k and the Street at +195k.&nbsp;&nbsp;
Business revenue of $7.3 billion was in line with analyst estimates of $7.3 billion and the Street&#8217;s estimate of $7.3 billion.
What&#8217;s Next: Verizon reiterated its financial guidance for 2025. Wireless service revenue growth is projected to be 2%-2.8% versus the analyst estimate of +2.6%, which implies $83.7-$84.4 billion versus the analyst estimate of $84.2 billion and the Street at $82.8 billion. Adjusted EPS growth guidance stands at 0%-3% and implies $4.59-$4.73 versus the analyst and Street estimate of $4.68.  
Schneider expects a modest pullback in the stock following a mixed quarter where headline financial metrics and guidance were solid, but underlying subscriber KPIs missed Street estimates.
The analyst said investors expected Verizon to reiterate financial guidance (given the company reiterated guidance at the end of March), even though the company had guided to lower-than-expected postpaid phone net additions during conference season. He noted investors have broadly been more constructive on the stock given its defensive characteristics. However, some have expressed concerns that cracks have formed in the wireless industry&#8217;s competitive backdrop.&nbsp;&nbsp;
VZ Price action:&nbsp;Verizon stock is up 1.12% at $43.44 at publication on Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44895667/alibabas-ai-powered-cancer-detection-tool-wins-fda-breakthrough-status" target="_blank" rel="noreferrer noopener">Alibaba&#8217;s AI-Powered Cancer Detection Tool Wins FDA Breakthrough Status</a></li>
</ul>
Photo: Karolis Kavolelis via Shutterstock

Verizon's Subscriber Losses Raise Concerns, But Strong Business Revenue, Guidance Keeps Analyst Optimistic

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 400 points on Tuesday.
The Dow traded up 1.11% to 38,593.91 while the NASDAQ gained 1.19% to 16,059.95. The S&amp;P 500 also rose, gaining, 1.06% to 5,212.77.
Check This Out: <a href="https://www.benzinga.com/25/04/44922024/how-to-earn-500-a-month-from-philip-morris-stock-ahead-of-q1-earnings">How To Earn $500 A Month From Philip Morris Stock Ahead Of Q1 Earnings</a>
Leading and Lagging Sectors Real estate shares jumped by 1.7% on Tuesday.
In trading on Monday, consumer staples shares rose by just 0.6%.
Top Headline
Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) reported better-than-expected fiscal first-quarter results Tuesday.
Its revenue growth was 1.5% year-over-year, reaching $33.49 billion, topping the analyst consensus estimate of $33.24 billion. Adjusted EPS of $1.19 topped the analyst consensus estimate of $1.15.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Gelteq Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GELS#NASDAQ">GELS</a>) shares shot up 237% to $3.17.</li>
<li>Shares of Tivic Health Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIVC#NASDAQ">TIVC</a>)got a boost, surging 211% to $10.90 after the company said it held briefings with the White House and FDA, which garnered interest in potential military and defense applications for its product candidates.</li>
<li>Meiwu Technology Company Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WNW#NASDAQ">WNW</a>) shares were also up, gaining 85% to $2.30 after the company announced it regained Nasdaq compliance.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Thunder Power Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIEV#NASDAQ">AIEV</a>) shares dropped 65% to $0.0475. The company recently received delisting notice from the Nasdaq.</li>
<li>Shares of Scorpius Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCPX#NYSE">SCPX</a>) were down 48% to $0.0680. Scorpius Holdings received NYSE American notice of delisting and reported plans to appeal.</li>
<li>MKDWELL Tech Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKDW#NASDAQ">MKDW</a>) was down, falling 36% to $0.2495.</li>
</ul>
Commodities In commodity news, oil traded up 1.1% to $63.77 while gold traded up 0.5% at $3,443.90.
Silver traded up 0.6% to $32.70 on Tuesday, while copper rose 1.9% to $4.8165.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 fell 0.3%, Germany's DAX 40 declined 0.3% and France's CAC 40 slipped 0.2%. Spain's IBEX 35 Index rose 0.3%, while London's FTSE 100 rose 0.2%.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 falling 0.17%, China's Shanghai Composite gaining 0.25%, Hong Kong's Hang Seng Index gaining 0.78% and India's BSE Sensex gaining 0.24%.
Economics
U.S. Redbook Index rose by 7.4% year-over-year in the week ending April 19.
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Dow Jumps Over 400 Points; Verizon Earnings Top Views

Rumors

Watching 3M; Shares Up ~5.5% In Premarket, During Conf Call, CFO Reportedly Says Sales In U.S. Up Low Single Digits Despite Challenging Macro Backdrop, Trending To The Lower End Of The 2% To 3% Forecast For 2025 Adjusted Organic Sales Growth

Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)&nbsp;stock reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/g44918133/verizon-delivered-strong-financial-growth-with-industry-leading-wireless-service-revenue-in-1q-202" rel="noreferrer noopener">fiscal&nbsp;first-quarter</a> results&nbsp;Tuesday.&nbsp;The stock price tumbled after the report.
Its revenue growth was 1.5% year-over-year, reaching $33.49 billion, topping the&nbsp;analyst consensus estimate of $33.24 billion. Adjusted EPS of $1.19 topped the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst&nbsp;consensus estimate of $1.15</a>.
Total wireless service revenue was $20.8 billion, up 2.7% year over year.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/25/02/43883822/t-mobile-wins-nyc-public-safety-deal-introduces-new-plans-for-first-responders-and-military-families" rel="noreferrer noopener">T-Mobile Wins NYC Public Safety Deal, Introduces New Plans For First Responders And Military Families</a>
Postpaid phone net losses were 289,000 versus 114,000 net losses Y/Y driven by price hikes, intense rival promotional offers, and lesser government support. Verizon attributed some of the loss to lower spending by some federal agencies as the Trump administration moves to slash thousands of jobs, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-04-22/verizon-loses-more-subscribers-than-expected-in-tight-market?sref=TBDibEcD" rel="noreferrer noopener">reports</a>.
Verizon Business&#8217; retail postpaid net additions were 94,000. The quarter saw 339,000 total broadband net additions, <a target="_blank" href="https://www.benzinga.com/news/earnings/24/04/38356319/verizons-q1-flat-revenue-bump-in-free-cash-flow-and-stable-2024-outlook" rel="noreferrer noopener">compared to 389,000</a> Y/Y.&nbsp;
The company ended the quarter with over 12.6 million broadband subscribers, up 13.7% year over year. Broadband growth marks Verizon&#8217;s attempts to offer fiber connections and home wireless service powered by its 5G networks, which are bundled with its mobile plans and content packages.
At the end of the quarter, the company had over 4.8 million fixed wireless subscribers. Total fixed wireless access net additions reached 308,000 in the quarter.
Verizon said it is well-positioned to achieve the next milestone of 8 to 9 million fixed wireless access subscribers by 2028.
Total Verizon Business revenues were $7.3 billion, down 1.2% Y/Y. Total Verizon Consumer revenue rose by 2.2% Y/Y to $25.6 billion.&nbsp;Consumer wireless retail postpaid churn was 1.13%, and wireless retail postpaid phone churn was 0.90%.&nbsp;
Verizon Consumer clocked wireless retail postpaid phone net losses of 356,000, versus 194,000 net losses Y/Y. Verizon Consumer had fixed wireless net additions of 199,000.
Verizon&#8217;s net income stood at $5.0 billion versus $4.7 billion a year ago.
The consumer segment EBITDA margin improved by 20 bps to 42.8%, while the business segment EBITDA margin grew by 240 bps to 23.1%. Company-level adjusted EBITDA of $12.6 billion, up from $12.1 billion Y/Y. 
Verizon&#8217;s quarterly free cash flow was $3.6 billion, up from $2.7 billion Y/Y.
In March, Verizon Chief Revenue Officer&nbsp;Frank Boulben&nbsp;warned against weaker subscriber numbers due to competition, as per Bloomberg. After the Christmas holiday, Verizon ended its seasonal promotions, unlike its rivals, he said. Customers are also keeping their phones longer.
Verizon recently&nbsp;promised&nbsp;a <a target="_blank" href="https://www.benzinga.com/media/25/04/44644607/verizons-new-3-year-price-lock-free-phone-offer-strategic-move-to-boost-customer-retention" rel="noreferrer noopener">three-year price</a> guarantee and a free phone trade-in for mobile phones and home internet plans to gain market share.
Verizon and its rivals remain shielded from President Donald Trump&#8217;s tariff policies because of their U.S. focus, according to&nbsp;Bloomberg analysts. However, they added that telecom companies could be vulnerable to longer-term effects, such as downgrades from premium phone plans.
FY25 Outlook: Verizon&nbsp;reiterated a 2.0%–2.8%&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/25/01/43189382/verizon-q4-earnings-revenue-beat-1-million-mobile-and-broadband-subscriber-adds-business-segment-margin-expands" rel="noreferrer noopener">growth in wireless service</a> revenue. It reaffirmed an adjusted EPS of $4.59 – $4.73 versus&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of $4.67</a>.
Verizon reiterated $17.5 billion to $18.5 billion in 2025 free cash flow, $35 billion to $37 billion in operating cash flow, and $17.5 billion to $18.5 billion in capital expenditure. Verizon&#8217;s guidance does not include any tariff impact.
Price action:&nbsp;VZ stock is down 5.73% at $40.48 premarket at the last check on Tuesday.
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Photo: Karolis Kavolelis/Shutterstock

Media

Verizon Loses 289 Thousand Postpaid Subscribers In Q1 Due To Price Hikes And Competition

NOC: -8% &#x7C; <a href="https://www.benzinga.com//node/44918112">Northrop Grumman shares are trading lower after the company reported worse-than-expected Q1 EPS and revenues. The company also lowered its FY25 EPS guidance.</a>
&nbsp;
FSLR: 7% &#x7C; <a href="https://www.benzinga.com//node/44918123">First Solar shares are trading higher after the US finalized plans to impose tariffs on most solar cells imported from Southeast Asia.</a>
&nbsp;
VZ: -4% &#x7C; <a href="https://www.benzinga.com//node/44918364">Verizon shares are trading lower following Q1 financial results.</a>

Market-Moving News for April 22th

Verizon Says 'Our 2025 financial guidance does not reflect any assumptions regarding the potential impacts of the evolving tariff environment.'

Verizon Communications Q1 Total Operating Revenues $33.485B Beat $33.239B Estimate

Verizon Q1 Cash Flow From Operations $7.8B, Up From $7.1B YoY; Free Cash Flow $3.6B, Up From $2.7B YoY

Verizon Sees FY25 Wireless Service Revenue Growth 2.0%-2.8%, Adj. EBITDA Growth 2.0%-3.5%, Adj. EPS Growth 0%-3.0%

Verizon Q1 Total Operating Revenue $33.5B, Up 1.5% YoY

Verizon Communications Q1 2025 Adj. EPS $1.19 Beats $1.15 Estimate

U.S. stock futures rebounded on Tuesday following Monday&#8217;s selloff. Futures of major benchmark indices were higher in premarket.
President Donald Trump <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44910907/top-fed-voices-defend-powell-slam-trumps-attack-on-central-bank-independence">attacked</a> Federal Reserve Chairman Jerome Powell on Monday via a Truth Social post. He called him &#8220;Mr. Too Late,&#8221; and urged the Fed Chair to cut rates preemptively.
This <a href="https://www.benzinga.com/25/04/44914873/walgreens-to-pay-up-to-350m-for-illegal-opioid-prescriptions-doj-says">triggered a market selloff</a>, raising concerns about the central bank&#8217;s independence and Trump&#8217;s interference with the monetary policy.
The 10-year Treasury bond yielded 4.40%, and the two-year bond was at 3.79%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool&#8217;</a>s projections show markets pricing an 89.5% likelihood of the Federal Reserve keeping the current interest rates unchanged in its May meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.81%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>1.00%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>1.01%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.98%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Tuesday. The SPY was up 1.06% to $519.32, while the QQQ declined 1.11% to $437.92, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
Energy, consumer discretionary, and information technology sectors pulled the U.S. stocks down on Monday.
Shares of&nbsp;Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;fell around 5.8%, while&nbsp;Nvidia Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;lost about 4.5% on Monday.&nbsp;Amazon.com Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)&nbsp;shares dipped around 5% during the session.
Comerica Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) fell despite&nbsp;reporting better-than-expected earnings for its first quarter on Monday.
After Monday&#8217;s close, the Nasdaq 100 was down 19.86% from its all-time high of 22,222.61 points. The S&amp;P 500 index was 16.09% lower than its previous record of 6,147.43 points, and the Dow Jones was 18.09% below its 52-week high of 45,073.63 points.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-2.55%</td>
<td>15,870.90</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-2.36%</td>
<td>5,158.20</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-2.48%</td>
<td>38,170.41</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-2.14%</td>
<td>1,840.32</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Senior economist Jeremy Siegel stated in his weekly WisdomTree note that &#8220;Markets show signs of tension.&#8221;
According to him, tariffs may drive a temporary bump in spending as firms and households rush to front-load purchases, but that demand is borrowed from future quarters. That's not sustainable; it's a warning sign. And once the real price increases filter through to consumer goods, public sentiment will shift quickly.
&#8220;Earnings are starting to reflect this uncertainty, though much of Wall Street's consensus remains stale, still anchored in pre-tariff forecasts. CEOs should be updating their models now to reflect multiple trade scenarios, especially those most exposed to China or to consumer imports.&#8221;
Siegel also highlighted that Powell will be blamed for any issues arising from Trump&#8217;s policy decisions.
&#8220;I expect Trump to increasingly blame the ‘too slow Powell' for any downsides that materialize from Trump's policies. Powell may be technically secure in his position, but that doesn't mean he's insulated from blame.&#8221;
Lastly, he advised that &#8220;For income, I continue to favor dividend-paying equities and international exposure over long-duration bonds.&#8221;
Fundstrat&#8217;s Tom Lee urged Scott Bessent and Howard Lutnick to <a href="https://www.benzinga.com/25/04/44915795/tom-lee-urges-bessent-and-lutnick-to-put-points-on-the-board-for-a-positive-policy-shock-to-the-stock-market">deliver swift trade deals</a>, aiming for a positive market &#8220;policy shock.&#8221;
Echoing Charles Gasparino&#8217;s call for the White House to &#8220;put points on the board,&#8221; which is a sales jargon for quick action during a slump, Lee stated that the market is sending this same message to Bessent, Lutnick, and the Trump&#8217;s trade team.
"They got to cut some deals and let the world know, and they have to do so soon because this could get even uglier," Gasparino's post added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is true &#x1f447; White House needs to put &quot;points on the board&quot; &#8211; this would be a positive &quot;policy shock&quot; <a href="https://t.co/XE4B6oVUi1">https://t.co/XE4B6oVUi1</a>
&mdash; Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) <a href="https://twitter.com/fundstrat/status/1914421616471380033?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Tuesday:
<ul>
<li>Philadelphia Fed President Patrick Harker will speak at 9:30 a.m., Minneapolis Fed President Neel Kashkari will speak at 2:00 p.m., and Richmond Fed President Tom Barkin will speak at 2:30 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) rose 0.75% in premarket on Tuesday as it is expected to report earnings before the opening bell. Analysts expect a quarterly earnings of $1.15 per share on revenue of $33.24 billion.</li>
</ul>
<ul>
<li>3M Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) was 0.06% below the flatline as Wall Street expects it to report earnings of $1.77 per share on revenue of $5.76 billion after the closing bell.</li>
</ul>
<ul>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) was up 0.66% as it is expected to report earnings after the closing bell. Analysts expect a quarterly earnings of 41 cents per share on revenue of $21.35 billion.</li>
</ul>
<ul>
<li>AZZ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) declined 4.66% after posting weaker-than-expected sales for its fourth quarter on Monday. The company reiterated its FY26 EPS forecast of $5.50-$6.10 on revenue of $1.625 billion-$1.725 billion.</li>
</ul>
<ul>
<li>Calix Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CALX#NYSE">CALX</a>) jumped 13.14% after reporting better-than-expected first-quarter financial results and issuing strong second-quarter guidance. The company also announced an authorized increase to its stock repurchase program.</li>
</ul>
<ul>
<li>Guidewire Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWRE#NYSE">GWRE</a>) advanced 0.97% after committing $60 million to advance cloud-based insurance innovation and compliance in Japan.</li>
</ul>
<ul>
<li>S&amp;P Global Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPGI#NYSE">SPGI</a>) jumped 2%, while Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) was 1.28% higher after the former launched AI-ready commodities data integrated with MSFT&#8217;s 365 Copilot.</li>
</ul>
<ul>
<li>Atkore Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATKR#NYSE">ATKR</a>) climbed 5.08% after reporting preliminary second-quarter results, maintaining its full-year outlook.</li>
</ul>
<ul>
<li>Standard Lithium Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLI#NYSE">SLI</a>) surged 45% after its South West Arkansas Project received special designation as a priority transparency critical mineral project from the Trump Administration.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 1.68% to hover around $63.46 per barrel.
Gold Spot US Dollar advanced 0.92% to hover around $3,455.17 per ounce. Its fresh record high stood at $3,499.92 per ounce. The U.S. Dollar Index spot was higher by 0.07% at the 98.3450 level.
Asian markets were mostly lower on Wednesday, Hong Kong's Hang Seng and India's S&amp;P BSE Sensex index advanced, while Japan's Nikkei 225, China&#8217;s CSI 300, Australia's ASX 200, and South Korea's Kospi index ended lower. European markets were mixed in early trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44916388/chicago-fed-chair-goolsbee-agrees-with-bessent-fed-independence-is-a-jewel-box-awaits-tariff-revisit-before-jumping-to-action">Chicago Fed Chair Goolsbee Agrees With Bessent: &#8216;Fed Independence Is A Jewel Box,&#8217; Awaits Tariff Revisit Before &#8216;Jumping To Action&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

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ATKR

CALX

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MSFT

NVDA

SPGI

US Stocks Likely To Open Higher Amid Trump's Preemptive Rate Cut Call:  Earnings Are Starting To Reflect This 'Uncertainty,' Says Expert

Press Releases

Verizon to report 1Q earnings April 22, 2025

Verizon Frontline provides critical Unmanned Aircraft Systems support for New Orleans PD during Mardi Gras

Score the new Pixel 9a and Google One AI Premium perk at Verizon and save big!

Empowering small businesses with a new industry-first My Biz Plan and a 3-year price lock guarantee

Verizon announces Rescue 42 as latest "Verizon Frontline Verified" partner

Verizon to report earnings April 22, 2025

Verizon delivered strong financial growth with industry-leading wireless service revenue in 1Q 2025

Verizon's 2025 Data Breach Investigations Report: System Intrusion Breaches Double in EMEA

Verizon's 2025 Data Breach Investigations Report: System Intrusions Behind 80% of APAC Breaches

Verizon's 2025 Data Breach Investigations Report: Alarming surge in cyberattacks through third-parties

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Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share)

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