The Dow Jones Industrial Average and other stock market indexes eased off Monday's rally highs in the first half of Tuesday's session, awaiting the next round of earnings catalysts. Dow Jones components moved Tuesday's early market and are set to move Wednesday's as well. Johnson & Johnson fell 1.3% after Q4 earnings beat expectations but light revenue marked a 4% year-over-year decline. Read More...
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Verizon Predicts Sluggish Growth and Another Profit Decline in 2023
Wireless-giant Verizon Communications (NYSE: VZ) ended 2022 on a high note. After losing retail postpaid phone subscribers over the course of the first nine months of 2022, the company managed to tack on 217,000 net postpaid phone subscribers in the fourth quarter. Including all devices, Verizon recorded retail postpaid net additions of more than 1.4 million, the best quarterly performance in seven years, according to the company.
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