Tag Archives: verizon stock

Verizon stock is falling today despite the upgrade announcement by Goldman Sachs. Goldman Sachs added VZ stock to its ‘Conviction Buy’ list, explaining that the stock offers investors the most attractive combination of total returns and risks.Verizon Communications Inc (NYSE: VZ) stock dropped nearly 1.5% after the market opened on Wednesday, April 1 to trade $52.94. The drop was in contrast with most expectations, as Goldman Sachs had upgraded it to its ‘Conviction Buy’ list. The group...

Qualcomm on Tuesday officially announced its next-generation flagship processor for phones. Dubbed the Snapdragon 865 the processor is still in need of a separate 5G modem to enable 5G instead of an integrated 5G modem built right into the chipset. Traditionally, that means more expensive, power-hungry phones than an integrated solution.However, at the Amazon’s event held in Las Vegas called AWS re:Invent, there were plenty of other solutions. Verizon CEO Hans Vestberg went on to discuss the...

HuffPost is apparently on its way out of the Verizon media group. Sources indicate that Verizon has already started pitching the idea of a potential sale to buyers who may be interested in acquiring the internet media organization. Although officials from Verizon declined to comment on the issue, this move amidst others indicates a shift of focus for the US-based communications company which comes as Verizon’s media arm seems to be sliding down in value.About a month ago, Verizon wrote down...