Últimas noticias sobre Verizon Communications (NYSE:VZ) Bolsa

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.

New,York,Usa,2023-04-20,Verizon,Building.,Telecommunications,Company,Offering,Cell

Earnings

News

Pre-Market Outlook

Markets

Trading Ideas

CALX

TSLA

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este martes: VZ, AZZ, MMM, CALX y TSLA.

5 acciones en el foco este martes: VZ, AZZ, MMM, CALX y TSLA

Bolsa

CASH

Mercado bajista: Repsol y IAG pierden soportes clave, mientras Prosegur Cash y el oro ofrecen señales técnicas más constructivas.

Análisis técnico de las acciones de Repsol (REP), Santander (SAN), IAG (IAG) y Prosegur Cash (CASH) en un mercado bajista

ATT.AT&T

Equities

Movers

Media

General

iShares Dow Jones US Telecommunications Sector Index Fund

TMUS

WBIY

AT&amp;T ajusta su descuento mensual por pago automático, afectando a ciertos clientes, mientras reafirma su pronóstico financiero para 2025

¿Qué está pasando con las acciones de AT&amp;T (T) hoy?

Verizon Communications Inc

VIZIO HLDG CORP CL A COM

Vizsla Silver Corp

Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) shares are trading marginally higher at $42.17 during Monday&#8217;s session, recovering after Friday&#8217;s drop.
The stock dropped last week in reaction to rival T-Mobile US Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), which fell 11% despite reporting record-breaking <a href="https://www.benzinga.com/news/earnings/25/04/44995935/t-mobile-shares-drop-despite-better-than-expected-q1-report-details">first-quarter results</a>.
What To Know: T-Mobile's surge in postpaid phone additions and a 29% jump in diluted earnings per share intensified investor concerns about competitive dynamics in the wireless industry. 
For Verizon, the nation's largest wireless carrier by revenue, the market's response signals growing anxiety over subscriber retention and service revenue stability.
Although Verizon has steadily focused on expanding its premium 5G network, investing heavily in C-band spectrum deployment and premium service offerings like its myPlan customizable wireless plans, <a href="https://www.benzinga.com/pressreleases/25/04/b44994646/t-mobile-leads-the-industry-once-again-with-continued-durable-customer-growth-including-best-ever-">T-Mobile's momentum raises fears</a> that Verizon's pricing power could erode. 
T-Mobile's aggressive subscriber gains, especially in lucrative urban and suburban markets, put pressure on Verizon's high-margin wireless and broadband segments — key drivers of its earnings.
Investors could be worried that Verizon, traditionally viewed as the &#8220;network quality&#8221; leader, may need to offer steeper promotions or risk further churn, challenging its strategy of protecting margins over chasing volume.
Read Also: <a href="https://www.benzinga.com/news/earnings/25/04/44978343/comcast-hit-hard-by-subscriber-exodus-nearly-630000-customers-gone-in-q1">Comcast Hit Hard By Subscriber Exodus, Nearly 630,000 Customers Gone In Q1</a>
<h2 class="wp-block-heading">How To Buy VZ Stock</h2>
By now you're likely curious about how to participate in the market for Verizon &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of Verizon, which is trading at $42172 as of publishing time, $100 would buy you about 2.37 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, VZ has a 52-week high of $47.36 and a 52-week low of $37.58.

What's Going On With Verizon (VZ) Stock During Monday's Session?

Tigress Financial analyst Ivan Feinseth maintains Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) with a Buy and raises the price target from $55 to $56.

Price Target

Analyst Ratings

Tigress Financial Maintains Buy on Verizon Communications, Raises Price Target to $56

Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly considering a shift of iPhone assembly to India. However, a renowned analyst has expressed skepticism about the potential effectiveness of this move in mitigating the impact of China tariffs.
What Happened: Craig Moffett, a partner and senior managing director at MoffettNathanson, questioned the feasibility of Apple&#8217;s plans on Friday. He argued that the shift to India wouldn&#8217;t significantly reduce costs related to tariffs, though it would help to some extent, as iPhone components would still be manufactured in China, <a href="https://www.cnbc.com/2025/04/26/apple-iphone-assembly-in-india-wont-cushion-china-tariffs-moffett.html">reported</a> CNBC.
&#8220;You have a tremendous menu&nbsp;of problems created by tariffs,&nbsp;and moving to India doesn&#8217;t&nbsp;solve all the problems,&#8221; Moffett told CNBC&#8217;s &#8220;Fast Money&#8221;. &nbsp;"I would question how that's going to work,&#8221; stated the analyst. 
He added that a trade war impacts both the cost of goods and demand and iPhone may face issues on the latter.
Last week, in a note to clients, MoffettNathanson reasoned that India has enough capacity to fulfill up to half of the U.S. demand for iPhones. Moreover, as the parts would still be from China, there remains an uncertainty over whether the iPhones would face Indian or Chinese tariff rates — or possibly an expensive mix of both.
Moffett told CNBC that the backlash against Apple in China, triggered by U.S. tariffs, will negatively impact iPhone sales. "Volumes are really going to the Huaweis and the Vivos and the local competitors in China rather than to Apple,&#8221; stated the analyst. 
Moffett points out that Apple also isn't receiving support from its carriers AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>), Verizon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), and T. Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) to help soften the impact of tariffs, after they declared that they won&#8217;t be absorbing the additional costs of tariffs on handsets.
Moffett slashed his price target on Apple stock on Apr 21 to $141 from $184 a share.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/25/04/45029504/elon-musks-ex-wives-missed-out-on-his-billion-dollar-wealth-heres-why" target="_blank" rel="noreferrer noopener">Elon Musk's Ex-Wives Missed Out on His Billion-Dollar Wealth — Here's Why &#8211; Benzinga</a>
Why It Matters: This skepticism on the heels of previous week&#8217;s report that&nbsp;Apple plans to import most of the iPhones&nbsp;it sells in the U.S. <a href="https://www.benzinga.com/25/04/45014074/apple-plans-iphone-shift-from-china-to-india-amid-tariff-pressures-geopolitical-risks">from India</a> by the end of 2026. This would require the company to double its annual iPhone output in India to over 80 million units.
UBS analyst David Vogt <a href="https://www.benzinga.com/25/04/44973883/analysts-slash-aapl-stock-price-target-amid-anticipated-tariffs-supply-chain-concerns-a-lose-lose-choice">lowered his price target&nbsp;</a>for Apple from $236 to $210 in anticipation of widespread tariffs. Vogt noted that Apple seemed to have expedited the shipment of around one million iPhones, leading to a year-over-year rise in iPhone revenue for the March quarter.
That being said, Moffett is not completely bearish on the iPhone maker. "I think quite highly of Apple. My concern about Apple has been the valuation more than the company."
Benzinga&#8217;s Edge Rankings&nbsp;highlight strong momentum and quality rankings for Apple in the 76th and 85th percentiles, respectively. Curious how other stocks stack up?&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Click here</a>&nbsp;to uncover growth and momentum scores for top stocks.
Over the past month, Apple stock declined nearly 4%, as per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. 
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/45017261/bitcoin-mining-costs-jump-to-137000-per-coin-when-accounting-for-non-cash-expenses-coinshares" target="_blank" rel="noreferrer noopener">Bitcoin Mining Costs Jump To $137,000 Per Coin When Accounting For Non-Cash Expenses: CoinShares &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

AAPL

Analyst Casts Doubt On Apple's Reported Move To Shift iPhone Production To India Amid Rising China Tariff Pressures: 'Doesn't Solve All The Problems'

President Donald Trump&#8216;s ongoing tariff policy changes have resulted in persistent market volatility and uncertainty. This has increased investors' appetite for stable, defensive stocks paying steady dividends. Dividend stocks have <a href="https://www.hartfordfunds.com/dam/en/docs/pub/whitepapers/WP106.pdf">contributed</a> significantly to overall market returns during the 1940s, 1960s, and 1970s, when average annual total returns were lower.
About seven months ago, a dividend investor <a href="https://www.reddit.com/r/dividends/comments/1fldncg/finally_hit_300k_goal/">shared</a> his monthly dividend income details and portfolio on r/Dividends — a Reddit discussion board with over 700,000 followers. The income report shared by the investor showed his monthly dividend income was $23,800, with a projected annual dividend income of just over $300,000.
Don't Miss:
<ul>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
</ul>
The investor, in his mid-50s, said he had about 150 holdings in his portfolio worth roughly $4.4 million. Asked how he was able to accumulate wealth to build such a large portfolio, he said it took him years to reach this milestone:
"Started at $3.50 per hour. Went back to school in my early 30s as did my wife. Definitely no inheritance and student loans to boot. Just 35 years of investing."
The investor said over $2 million of his wealth came from "decades of trading" biotech company Immunomedics, which was <a href="https://www.gilead.com/news/news-details/2020/gilead-sciences-to-acquire-immunomedics">bought</a> by Gilead Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>) in 2020 for $88 per share.&nbsp;
Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a>
Let's take a look at some of the biggest holdings of the investor.
BlackRock Science and Technolgy Term Trust
BlackRock Science and Technology Term Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSTZ#NYSE">BSTZ</a>) was the biggest holding of the investor. The closed-end equity fund invests in science and technology companies and also generates income by selling call options on stocks in its portfolio. It has a dividend yield of about 9%.&nbsp;
Nuveen Real Asset Income and Growth Fund
The Nuveen Real Asset Income and Growth Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JRI#NYSE">JRI</a>) invests in companies related to infrastructure projects, facilities, and services, as well as REITs. Among the top holdings of the fund are Enbridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>), Gaming and Leisure Properties (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLPI#NASDAQ">GLPI</a>), Simon Property (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>) and Omega Healthcare Investors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OHI#NYSE">OHI</a>).
DoubleLine Income Solutions Fund
DoubleLine Income Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DSL#NYSE">DSL</a>) is a closed-end fund focusing on income-generating fixed-income securities. It yields about 12% and pays monthly.
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
Kayne Anderson Energy Infrastructure Fund&nbsp;
The Kayne Anderson Energy Infrastructure Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KYN#NYSE">KYN</a>) invests in midstream, natural gas &amp; LNG infrastructure, and power infrastructure companies. The fund has a dividend yield of over 8%.
Western Asset High Income Opportunity Fund
Another closed-end fund in the portfolio, Western Asset High Income Opportunity Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIO#NYSE">HIO</a>) primarily invests in high-yield corporate debt securities and preferred stocks for income generation and capital appreciation. The fund has a distribution rate of over 10%.&nbsp;
Voya Infrastructure, Industrials and Materials Fund
The Voya Infrastructure, Industrials and Materials Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDE#NYSE">IDE</a>) invests in companies in the infrastructure, industrials and materials sectors. Cisco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), Verizon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), Sherwin-Williams (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>), Uber (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) are among the fund's biggest holdings.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a></li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>
Image: Shutterstock

Personal Finance

BSTZ

CSCO

GILD

GLPI

UBER

Dividend Investor in Mid-50s Making $23,800 A Month Shares Portfolio, Says He Started with $3.50/hour  —  'Just 35 Years of Investing'

Sen.&nbsp;Elizabeth Warren&nbsp;(D-Mass.) requested answers from&nbsp;Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO&nbsp;Tim Cook, citing a&nbsp;pattern of &#8220;influence-peddling&#8221;&nbsp;between the&nbsp;iPhone-maker and the&nbsp;Donald Trump&nbsp;administration over the <a href="https://www.benzinga.com/tech/25/04/44970168/elizabeth-warren-slams-tim-cook-over-alleged-backdoor-deal-with-trump-to-shield-apple-from-crushing-china-tariffs-creates-the-appearance-of-impropriety" target="_blank" rel="noreferrer noopener">trade negotiations with China</a>.
Amid escalating trade tensions between the U.S. and China, tech bull&nbsp;Dan Ives thinks the time is &#8220;ticking&#8221; for trade deals as Wall Street reels from the aftermath of a tug-of-war <a target="_blank" href="https://www.benzinga.com/25/04/44891715/tech-bull-says-time-ticking-for-trade-deals-as-earnings-season-gathers-steam-calls-nvidias-china-disclosure-a-game-of-who-blinks-first" rel="noreferrer noopener">between the world&#8217;s top two economies</a>.
Earnings
STMicroelectronics N.V.&#8216; (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) first-quarter FY25 net revenues of $2.52 billion represented a 27.3% year-over-year decline, beating the&nbsp;analyst consensus estimate of $2.51 billion. EPS of $0.06&nbsp;beat&nbsp;the&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44978860/stmicro-calls-out-bottom-in-q1-forecasts-q2-rebound-focusing-on-cost-cuts" rel="noreferrer noopener">analyst consensus estimate&nbsp;of $0.04</a>.
Alphabet Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) reported first-quarter revenue of $90.23 billion, up 12% year-over-year, beating a Street consensus estimate of $89.2 billion and EPS of $2.81, beating a Street <a target="_blank" href="https://www.benzinga.com/25/04/44995955/alphabet-q1-earnings-highlights-google-search-youtube-cloud-show-robust-momentum" rel="noreferrer noopener">consensus estimate of $2.01</a>.
T-Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) reported first-quarter EPS of&nbsp;$2.58, which beat the analyst consensus estimate of&nbsp;$2.44, and revenue of&nbsp;$20.89 billion, beating the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44995935/t-mobile-shares-drop-despite-better-than-expected-q1-report-details" rel="noreferrer noopener">consensus estimate of&nbsp;$20.62 billion</a>.
VinFast Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>) reported&nbsp;quarterly&nbsp;earnings per share of 54 cents loss, missing the street view&nbsp;of 23 cents loss and, revenues of $677.89 million missed the&nbsp;analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44989420/vinfast-auto-maintains-ev-delivery-outlook-amid-macro-uncertainty-despite-q4-margin-drag" rel="noreferrer noopener">consensus estimate of $859.08 million</a>.
International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) reported quarterly earnings of $1.60 per share, which beat the analyst consensus estimate of $1.40 and revenue of $14.54 billion beat the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44966124/ibm-shares-slide-despite-better-than-expected-q1-details" rel="noreferrer noopener">consensus estimate of $14.4 billion</a>.
Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) reported first-quarter revenue of&nbsp;$4.07 billion, versus&nbsp;estimates&nbsp;of $3.91 billion, and EPS of&nbsp;$1.28, <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44966804/texas-instruments-q1-earnings-revenue-beat-eps-beat-strong-guidance-prepared-to-navigate-the-evolving-supply-chain-dynamics" rel="noreferrer noopener">versus estimates of $1.07</a>.
Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) reported quarterly earnings of&nbsp;$1.04&nbsp;per share, which beat the analyst consensus estimate of&nbsp;98 cents, and, revenue of $4.72 billion,&nbsp;which beat the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44965339/lam-research-stock-climbs-after-strong-q3-results-q4-guidance-above-estimates" rel="noreferrer noopener">consensus estimate of&nbsp;$4.59 billion</a>.
Check Point Software Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) reported quarterly revenue growth of 7% year over year to $637.8 million, topping the&nbsp;analyst consensus estimate of $636.2 million and adjusted EPS of $2.21, beat the&nbsp;analyst <a target="_blank" href="https://www.benzinga.com/25/04/44962682/check-point-q1-earnings-revenue-beats-expectations-ceo-highlights-strong-demand-for-quantum-force-and-ai-platform" rel="noreferrer noopener">consensus estimate of $2.19.</a>
AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) reported operating revenues of $30.63 billion beating the&nbsp;analyst consensus estimate of $30.35 billion and adjusted EPS of $0.51 also beat&nbsp;the&nbsp;analyst<a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44947739/att-adds-324-thousand-postpaid-subscribers-in-q1-outpaces-verizons-289-thousand-loss" rel="noreferrer noopener"> consensus estimate of $0.49</a>.
SAP SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) reported quarterly revenue of 9.01 billion euros ($9.48 billion), beating analyst estimates and earnings of 1.44 euros ($1.54) per share <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44938879/sap-shares-climb-on-better-than-expected-q1-results" rel="noreferrer noopener">also came in ahead of estimates</a>.
Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) reported&nbsp;fiscal&nbsp;first-quarter 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/25/04/44920917/verizon-struggles-with-subscriber-losses-from-price-increases-competition-and-lower-government-support" rel="noreferrer noopener">analyst&nbsp;consensus estimate of $1.15</a>.
Smartphones &amp; Technology
The&nbsp;iPhone 17 series, the latest smartphone line-up from&nbsp;Apple, is reportedly facing significant stock shortages, and CEO&nbsp;Tim Cook&nbsp;is worried about it. The scarcity of Low CTE fiberglass cloth is reportedly causing a strain <a href="https://www.benzinga.com/25/04/44917129/apple-ceo-tim-cook-gets-anxious-over-this-issue-threatening-the-inventory-of-iphone-17-he-is-pushing-suppliers-every-day" target="_blank" rel="noreferrer noopener">on the&nbsp;stock of the iPhone 17&nbsp;series.</a>
Elon Musk&nbsp;says that&nbsp;Neuralink, which specializes in creating Brain-Computer Interfaces (BCI), will help <a target="_blank" href="https://www.benzinga.com/general/biotech/25/04/44892867/elon-musk-says-neuralink-will-help-blind-people-see-again-will-exceed-the-best-human-eyes" rel="noreferrer noopener">‘completely blind&#8217; people see again</a>.
Elon Musk&#8216;s BCI (Brain-Chip Interface) company&nbsp;Neuralink&nbsp;is reportedly eyeing an $8.5 billion pre-money valuation<a target="_blank" href="https://www.benzinga.com/general/biotech/25/04/44972585/elon-musks-neuralink-eyes-8-5-billion-pre-money-valuation-in-latest-funding-round-report" rel="noreferrer noopener"> amid talks with potential investors</a>.
Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) introduced a newly redesigned version of <a target="_blank" href="https://www.benzinga.com/25/04/44973292/satya-nadella-calls-it-scaffolding-for-my-workday-introduces-microsoft-365-copilots-ai-glow-up-to-reshape-how-we-work" rel="noreferrer noopener">its Microsoft 365 Copilot app</a>.
Automotive
Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has reportedly pivoted its marketing for the Cybertruck as CEO&nbsp;Elon Musk&#8216;s EV giant rebrands the vehicle <a href="https://www.benzinga.com/markets/25/04/44919745/cybertruck-gets-a-down-to-earth-redesign-as-tesla-shifts-to-traditional-pickup-marketing-amid-poor-sales" target="_blank" rel="noreferrer noopener">to showcase its utilitarian quotient</a>.
Tesla plans to ramp up production of its&nbsp;humanoid robot&nbsp;Optimus&nbsp;are facing significant roadblocks due to supply chain constraints and China&#8217;s new export <a target="_blank" href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product" rel="noreferrer noopener">restrictions on rare earth materials</a>.
Elon Musk&nbsp;shared a comprehensive list of updates on the company&#8217;s FSD (Full Self-Driving) technology, crucial <a href="https://www.benzinga.com/news/earnings/25/04/44943387/elon-musk-shares-fsd-update-at-tesla-earnings-call-10-to-20-model-ys-will-offer-paid-robotaxi-rides-in-june" target="_blank" rel="noreferrer noopener">for Tesla&#8217;s Cybercab ambitions</a>.
Tesla has revealed that the company is running its autonomous ride-hailing service in Austin, as well as<a target="_blank" href="https://www.benzinga.com/tech/25/04/44972108/tesla-quietly-launched-robotaxi-service-for-employees-before-june-debut-now-reports-1500-completed-trips" rel="noreferrer noopener"> the San Francisco Bay Area</a>.
Chinese battery manufacturer&nbsp;CATL&nbsp;(Contemporary Amperex Technology Co. Limited) has launched the second-generation <a target="_blank" href="https://www.benzinga.com/markets/25/04/44894382/tesla-battery-supplier-catl-unveils-new-fast-charging-battery-with-323-mile-range-in-five-minutes" rel="noreferrer noopener">‘Shenxing&#8217; fast-charging battery</a>.
Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) has announced it will delay the launch of its Firefly EV in Europe to the third quarter after it claimed to launch <a target="_blank" href="https://www.benzinga.com/25/04/44915240/tesla-rival-nio-delays-the-european-launch-of-firefly-ev-report" rel="noreferrer noopener">the product in the first half of 2025</a>.
General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) will continue to produce its Ultium architecture-based EVs like the Chevrolet Equinox at its production <a target="_blank" href="https://www.benzinga.com/markets/25/04/44916042/general-motors-has-no-plans-to-move-ev-production-away-from-mexico-despite-tariff-uncertainty" rel="noreferrer noopener">facility in Ramos Arizpe, Mexico</a>.
Geely Automobile Holdings&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>) announced that the company will share its battery safety <a target="_blank" href="https://www.benzinga.com/25/04/44945220/chinas-geely-announces-it-will-share-battery-safety-patents-safety-lab-with-the-auto-industry" rel="noreferrer noopener">patents at the Shanghai Auto Show</a>.
BYD Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) is pivoting its European strategy as the Chinese EV manufacturer looks <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report" target="_blank" rel="noreferrer noopener">to expand into the market</a>.
Image: Shutterstock

Large Cap

Mid Cap

BYDDY

CHKP

GELYF

GOOG

LRCX

MSFT

Consumer Tech News (Apr 21-Apr 25): Microsoft's Copilot Gets a Sleek New Look, Apple Under Fire For 'Influence-Peddling' In US-China Trade & More

Goldman Sachs analyst James Schneider maintained a Buy rating on T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) on Thursday, with a <a href="https://www.benzinga.com/quote/T/analyst-ratings" target="_blank" rel="noreferrer noopener">price target of $285</a>, up from $280.
Schneider expects the stock to trade lower following results that reflected relatively in-line financial metrics and postpaid phone net additions despite a modest uptick in financial guidance.&nbsp;&nbsp;
The analyst noted that, based on his conversations, investors expected a greater upside in postpaid phone net additions and an uptick in guidance, following the company&#8217;s historical pattern, especially in light of the acquisitions closed in the quarter.  
Also Read: <a href="https://www.benzinga.com/news/earnings/25/04/44978343/comcast-hit-hard-by-subscriber-exodus-nearly-630000-customers-gone-in-q1" target="_blank" rel="noreferrer noopener">Comcast Hit Hard By Subscriber Exodus, Nearly 630,000 Customers Gone In Q1</a>
Despite the higher promotional activity and churn metrics reported by all wireless carriers in the quarter, Schneider continues to see the wireless market backdrop as very healthy, given the ongoing plan price increases implemented by all carriers in recent months.&nbsp;&nbsp;
The analyst expects the company to continue its core wireless growth algorithm, with broadband driving the next chapter of growth.&nbsp;&nbsp;
Between AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>), Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), Comcast, and T-Mobile, industry phone net additions are +853k in first-quarter of 2025 or 203k Y/Y which compares to +1,056k in first-quarter of 2024. This implies that industry growth remains relatively healthy but with a slowing growth rate.
On the residential broadband side, AT&amp;T (including DSL), Verizon (total consumer fixed + FWA), Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>), and T-Mobile US, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) (FWA) net additions were +596k in the first quarter of 2025 or -33k Y/Y, compared to 629k in the first quarter of 2024.
This implies that the industry is slowing somewhat.
Schneider does not expect the tower stocks to move significantly, as CapEx guidance was consistent with prior commentary.
T-Mobile <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44995935/t-mobile-shares-drop-despite-better-than-expected-q1-report-details" rel="noreferrer noopener">reported revenue of $20.89 billion</a>, just above Schneider&#8217;s estimate of $20.78 billion and above the Street (VA) at $20.64 billion, with an upside in equipment revenue.
Postpaid phone net additions came in at +495k, which is just above Schneider&#8217;s estimate of +486k but below the Street estimate of +499k. Meanwhile, high-speed internet net additions of +424k were above the analyst estimate of +399k and the Street estimate of +396k.
T-Mobile updated guidance for 2025. Postpaid net customer addition guidance remains 5.5-6.0 million (5.5-6.0 million prior), versus the analyst estimate of 6.03 million and the Street at 5.87 million.&nbsp;&nbsp;
TMUS Price Action: T-Mobile US stock is down 11% to $233.10 at last check Friday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/04/45007666/charter-loses-internet-and-tv-subscribers-but-beats-rivals-with-strong-mobile-line-gains" target="_blank" rel="noreferrer noopener">Charter Loses Internet And TV Subscribers But Beats Rivals With Strong Mobile Line Gains</a></li>
</ul>
Photo: Shutterstock

Reiteration

CMCSA

T-Mobile Beats Estimates, But Customer Growth Leaves Investors Wanting More, Says Analyst

WIIM

Shares of mobile carriers are trading lower in possible sympathy with T-Mobile, which fell on its Q1 earnings report.

Charter Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) reported its <a href="https://www.benzinga.com/pressreleases/25/04/n45004240/charter-announces-first-quarter-2025-results" target="_blank" rel="noreferrer noopener">fiscal first-quarter 2025</a> results Friday, including quarterly revenue growth of 0.4% year-on-year to $13.74 billion, beating the analyst consensus estimate of $13.68 billion.
EPS of $8.42 missed the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate</a> of $8.67.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/25/04/44930091/t-mobiles-long-game-five-year-price-lock-takes-a-jab-at-verizon" rel="noreferrer noopener">T-Mobile&#8217;s Long Game: Five-Year Price Lock Takes A Jab At Verizon</a>
The topline performance reflects revenue growth of 33.5% for residential mobile service, 1.8% for residential Internet and 13.4% for other revenue.
Charter lost 60,000 internet customers, including approximately 9,000 customer disconnects related to the wildfires in California in January, compared to a decline of 72,000 during the first quarter of 2024.
Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) lost 199,000 <a href="https://www.benzinga.com/news/earnings/25/04/44978343/comcast-hit-hard-by-subscriber-exodus-nearly-630000-customers-gone-in-q1" target="_blank" rel="noopener">broadband customers </a>amid competition with telecom companies. AT&amp;T Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) Consumer Wireline segment had 261 AT&amp;T Fiber net additions during the quarter. Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) had 339,000 broadband net additions during the quarter.
Charter&#8217;s residential video customers decreased by 181,000 compared to 405,000 in the previous year. Comcast also lost 427,500 video subscribers as streaming giants like Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) gained traction.
Charter&#8217;s total mobile lines increased by 514,000 during the quarter, reaching 10.4 million as of March 31, 2025. AT&amp;T&#8217;s 324,000 postpaid phone net adds (versus 349,000 a year ago). Contrastingly, Verizon&#8217;s quarterly postpaid phone net losses were 289,000 versus 114,000 net losses Y/Y driven by price hikes, intense rival promotional offers, and lower government support.
Adjusted EBITDA margin expanded by 180 bps to 42.0%.
The quarterly free cash flow of $1.56 billion increased from $358 million in the prior year, driven by higher net cash flows from operating activities and lower capital expenditures.
As of March 31, Charter served 30.02 million residential and SMB Internet customers.
Net cash flow from operating activities totaled $4.24 billion during the quarter. As of March 31, the company held $796 million in cash and equivalents.
2025 Outlook:&nbsp;Charter Communications&nbsp;<a target="_blank" href="https://www.benzinga.com/25/01/43390140/charter-q4-earnings-beats-estimates-mobile-growth-surges-with-529k-new-lines-despite-broadband-subscriber-losses" rel="noreferrer noopener">reiterated a capex</a> of $12 billion (versus $11.27 billion <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">in fiscal 2024</a>).
CHTR Price Action: Charter Communications stock is up 1.99% to $342.00 in the premarket at the last check on Friday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44993820/imax-gains-analyst-praise-for-strong-q1-china-growth-but-tariff-film-import-risks-loom" target="_blank" rel="noreferrer noopener">Imax Wins Analyst Praise On Strong Film Slate, But China Market Volatility Raises Concerns</a></li>
</ul>
Photo: Shutterstock

Guidance

CHTR

NFLX

Charter Loses Internet And TV Subscribers But Beats Rivals With Strong Mobile Line Gains

Comcast Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>)&nbsp;stock tanked Thursday after it reported its <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/b44974965/comcast-reports-1st-quarter-2025-results" rel="noreferrer noopener">first-quarter results</a>.
The Philadelphia-based company reported a quarterly decline of 0.6% year-over-year to $29.89 billion, beating the analyst consensus estimate of $29.76 billion.
Also Read: <a href="https://www.benzinga.com/media/25/04/44721053/disney-cuts-prices-and-adds-perks-to-lure-families-back-to-orlando-parks" target="_blank" rel="noreferrer noopener">Disney Cuts Prices And Adds Perks To Lure Families Back To Orlando Parks</a>
The company reported adjusted EPS of $1.09, beating <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">analyst consensus estimates</a> of 98 cents. Its media segment posted revenue growth of 1.1% Y/Y to $6.44 billion.
Peacock&#8217;s paid subscribers increased by over 20% Y/Y to 41 million, while revenue grew by 16% year over year to $1.2 billion.
Studios&#8217; revenue increased by 3.0% Y/Y to $2.83 billion due to higher content licensing and digital sales of&nbsp;&nbsp;Wicked.
Theme Parks revenue decreased by 5.2% Y/Y to $1.88 billion due to lower revenue at its domestic theme parks, driven by lower guest attendance including the impact of the Hollywood wildfires.
Connectivity &amp; Platforms adjusted EBITDA grew 1.5% Y/Y to $8.3 billion, with a margin expansion of 90 bps to 41.4%.
Comcast said it generated $5.42 billion in free cash flow during the quarter.
Comcast lost 199,000 broadband customers in the period amid <a href="https://www.benzinga.com/news/earnings/25/04/44947739/att-adds-324-thousand-postpaid-subscribers-in-q1-outpaces-verizons-289-thousand-loss" target="_blank" rel="noreferrer noopener">rivalry with telecom</a> companies. 
AT&amp;T Inc&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) Consumer Wireline segment had 261 thousand AT&amp;T Fiber net adds during the quarter. 
Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) had 339 thousand broadband net additions during the quarter.
Comcast also lost 427,500 video subscribers as streaming giants like&nbsp;Netflix Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)&nbsp;gained traction.
Total domestic wireless line net additions reached 323 thousand.
What&#8217;s Next: Comcast CEO Brian L. Roberts expressed excitement about Epic Universe&#8217;s grand opening in Orlando in May and its plans to bring a new world-class theme park to the UK. 
Price Action: At the last check on Thursday, Comcast stock was down 3.54% at $33.25 premarket.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44963176/chinese-tech-firms-led-by-alibaba-hoard-nvidia-ai-chips-amid-us-sanctions" target="_blank" rel="noreferrer noopener">China&#8217;s Big Tech Firms Hoard Nvidia AI Chips Before Latest US Sanctions</a></li>
</ul>
Image: Shutterstock

Comcast Hit Hard By Subscriber Exodus, Nearly 630,000 Customers Gone In Q1

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.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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

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.

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

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:
<ul>
<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>
</ul>
Photo courtesy: Frontpage / Shutterstock.com

Futures

Federal Reserve

$BTC

AGRI

MYTE

SNOA

STLD

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: 
<ul>
<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: 
<ul>
<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>
Photo: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Government

Macro Economic Events

Broad U.S. Equity ETFs

Commodities

Econ #s

Economics

ETFs

$ETH

SPDR Dow Jones Industrial Average ETF Trust

FSLR

Select Sector SPDR-Consumer Discretionary

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:
<ul>
<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>
</ul>
Photo: Shutterstock
.

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:
<ul>
<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.
Now Read This:
<ul>
<li> <a href="https://www.benzinga.com/25/04/44921647/jim-cramer-simon-property-is-a-terrific-company-recommends-not-selling-carmax">Jim Cramer: Simon Property Is A &#8216;Terrific&#8217; Company, Says Don&#8217;t Sell CarMax</a> </li>
</ul>
Photo via Shutterstock

Eurozone

Intraday Update

AIEV

GELS

MKDW

SCPX

TIVC

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

Press Releases

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

Entertainment

Relevant+ and Total Wireless Partner with Tigre Sounds to Launch "Beats Per Mile" -- A Latin DJ Coffee Club Experience During Miami Race Week

Verizon Frontline Network Slice launches coast-to-coast

Motorola razr reboot: Iconic style, moto ai smarts — and Verizon-exclusive savings

Verizon Launches Government Cloud-Managed SD WAN to Accelerate Federal Agency Modernization

ATN International

Chunghwa Telecom

Frontier Communications Parent, Inc. - Common Stock

Frontier Comms Parent Inc

IHS Holding

Shenandoah Telecommunications Co - Common Stock

Shenandoah

Sunrise Communications AG - American Depositary Shares representing Class A shares

Sunrise Communications

AT&T

Telefonica

Telecom Argentina

Telkom Indonesia

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

Telefonica Brasil

Tigress Financial

Scotiabank

Oppenheimer

RBC Capital

Screenshot 2024-06-03 at 5.37.28 PM

Emerging Markets

Movers & Shakers

Is Gamification The Future Of Advertising? Here&#39;s How One Company Is Shaking Up The Industry

Screenshot 2024-02-27 at 6.53.14 PM

Startups

Cyber Startup Secures 7 Million Networks, 500 Million Connected Devices – SAM Seamless Network Protects Customers Of Verizon, Virgin Media, Orange And Bezeq

Comments

Verizon Communications

Noticias

Últimas noticias sobre Verizon Communications (NYSE:VZ) Bolsa

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL