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SpaceX (NASDAQ: SPCX ) has reshaped the satellite and space industry, and its first earnings report since going public highlighted plans to expand that disruption. One early casualty may be Hughes, the satellite internet business owned by EchoStar Corporation (NASDAQ: ECHO ), which filed for Chapter 11 bankruptcy ahead
Verizon Communications Inc. (NYSE: VZ ) on Friday reported better-than-expected second-quarter earnings, while revenue narrowly missed expectations. Adjusted earnings came in at $1.30 per share, above the analyst consensus estimate of $1.27, according to Pro. Revenue totaled $34.25 billion, missing the $35.11 billion e
The major averages were higher near noon as stocks look to recover from Thursday's tech-led selloff. Intel is seeing weakness despite a Q2 beat and technology remains the market's primary focus after Alphabet and Tesla sparked the biggest one-day decline in the S&P 500 and Nasdaq in about a month. Investors have grown
VZ (more) Verizon Q2 Earnings Adj. EPS $1.30, est. $1.27 Oper rev. $34.3B, est. $35.17B Adj. EBITDA $13.7B, est. $13.65B CAPEX $4.01B, est. $3.99B Sees FY adj. EPS $4.99 to $5.04, saw $4.95 to $4.99 Still sees FY CAPEX $16B to $16.5B, est. $16.35B Expands full-year share buyback target to up to $4.5B Raises guidance fo
$VZ Verizon Q2 Earnings
VZ Verizon RESULTS: Q2, Q2 total oper REV $34.3B vs EST $35.16B, Q2 ADJ EPS $1.30 vs EST $1.27, Q2 postpaid phone net additions 184,000 vs FactSet EST 103,900, Q2 Broadband net additions 348,000, Verizon Earnings Notes:, Outlook FY ADJ EPS $4.99 - $5.04 vs EST $4.96, FY total retail postpaid phone net additions expecte