Verizon's (VZ) Latest Struggles

New technologies like A.I. and IoT are going to play a growing role in growth, notes Jeff Kagan. He and Keith Snyder discuss Verizon's (VZ) stock drop after its latest earnings report. Snyder adds that Verizon has not taken any meaningful steps towards reducing its debt load.

======== Schwab Network ========
Empowering every investor and trader, every market day.



#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday #verizon #vz #earnings

[BTech]

What a horrible video. Tough to watch. Both men were mostly incorrect in their assessments, outside of the debt loads of both VZ and T. I can't believe people get paid to give such horrible analysis of company performance. I looked at VZ's 2Q24 results and saw phone net add growth, wireless service revenue growth, EBITDA growth, FCF growth, broadband growth, and a healthy churn percentage. The sky sure doesn't seem to be falling for VZ.

[mikeshaw]

I have been saying for a while that Verizon needs a change in leadership. It takes too long to get things done and rolled out. Verizon needs to be more proactive and give there employees more freedom to do what they like / are good at vs just re-assigning people.

[bsullivan]

I live in an area where Verizon is removing their equipment from cell towers and their service has been absolutely horrible. AT&T has good coverage and service. T-Mobile getting better but not enough coverage yet. I live in rural western New England

[JeffreyMorgan-tg]

Lee Daniel Gonzalez Anthony Robinson Daniel