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Verizon Rallies on Google AI Data Deal as Growth Questions Linger

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Verizon shares have gained 22% over the past year, backed by strong cash flow and a $1 billion Google data center connectivity deal.
  • However, slow top-line growth and the removal of customer fees create uncertainty around whether its valuation discount and growth targets will hold.
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GOOGL price history

349.39 +8.30% over the displayed period

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