Verizon Stock Jumps After Earnings. It Had a Rare Win on a Key Subscription Metric.

Verizon Communications stock was rising on Monday after the wireless carrier posted strong first-quarter results, raised its guidance, and said it had added subscribers over what tends to be a tough period for telecom. Futures tracking the were flat as investors waited for a slew of Big Tech earnings. Verizon reported adjusted earnings of $1.28 a share, as revenue rose 2.9% from a year ago to $34.4 billion.