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Benzinga
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US Stocks Mixed; Verizon Posts Upbeat Sales

1. Verizon reported Q4 sales of $35.70 billion, exceeding estimates. 2. 1 million new postpaid mobile and broadband subscribers added, a decade high. 3. U.S. stock markets showed mixed performance, with Dow Jones down 0.14%.

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FAQ

Why Bullish?

Verizon's stronger-than-expected sales and subscriber growth could enhance investor confidence.

How important is it?

Earnings reports significantly affect stock prices, with strong results usually leading to gains.

Why Short Term?

Immediate market reaction likely, but underlying growth trends will influence long-term perspective.

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