Verizon reported its second-quarter financial results, with total revenue reaching $34.3 billion, a slight decrease of 0.7% year-over-year. The company achieved a record high in adjusted EBITDA, which grew by 7.2% to $13.7 billion. Driven by operational improvements and increased cash flow, Verizon has raised its full-year earnings guidance for the second consecutive quarter and increased its stock buyback program to $4.5 billion. AI
RANK_REASON This is a financial earnings report from a large telecom company, not a core AI release or significant industry event.
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