Stocks in Action USA: Verizon Communications, Block, Cleveland-Cliffs

Verizon (VZ) beats expectations, but customer churn clouds the picture – stock rises nonetheless! Verizon Communications surpassed Wall Street expectations in the second quarter of the year and simultaneously raised its forecasts for earnings and free cash flow for the entire year 2025. The telecommunications giant reported adjusted quarterly earnings of $1.22 per share with a revenue increase of 5.2% to $34.5 billion compared to the same period last year. Analysts had expected an average earnings of only $1.19 per share with revenues of $33.7...