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via rttnews.comBusiness & Companies

Verizon raises FY26 outlook after Q3; signs $2 billion AI deal with AWS; stock drops

FROM THE WIRE · RTTNEWS.COM

Telecom major Verizon Communications Inc. on Monday reported higher third-quarter results and raised fiscal 2026 forecast. Further, the company announced that it has signed an agreement valued at more than $2.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRaised guidance from a major telecom is relevant, but the stock fell, so the net effect is mixed.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Verizon reported higher third-quarter results and raised its fiscal 2026 forecast.
  2. 02The company signed an agreement with AWS valued at more than $2 billion for AI.
  3. 03The stock dropped despite the news.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Verizon Communications Inc.VZStock43.19 USD-1.14%today -3.30%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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