BenzingaPublished 2026-09-08
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$VZBearish
VZ faces strong resistance and negative weekly divergence; expected to fall to $46 amid debt concerns from new fiber/AI infrastructure deal.
Verizon and Corning signed multi-billion dollar fiber deal to expand broadband and uh build AI infrastructure.
sounds expensive. Sounds like more debt for Verizon. It's just my first thought there on that. How's ticker VZ acting? It's it's it's okay. Okay. So far so good. Up a half a percent.
Yeah. Just, you know, this sounds very expensive like what they're trying to do here. Then they they've got a lot of debt.