Verizon's sales increase 40% with Google AI tools improving customer service quality, stock surges 7%.

From Yahoo Finance: 2025-04-17 18:18:00

Verizon Communications Inc. (NYSE:VZ) has seen a 7% surge in its stock over the past 5 trading sessions, thanks to a 40% boost in sales from Google AI tools. The company’s ‘Personal Research Assistant’ AI product is enhancing customer service quality by 95% across 28,000 stores, showing AI’s impact on business growth.

Investors are flocking back to Big Tech stocks following US government tariff relief, with S&P and Nasdaq indices up over 4% in the last five trading sessions. As tech companies race for AI dominance, some are surging based on company-specific news, presenting potential investment opportunities before the market fully prices them in.

Verizon ranks 2nd on the list of top AI news moving the market today, showcasing its use of AI to drive sales growth and improve customer service quality. While VZ shows promise as an investment, other AI stocks may offer higher returns within a shorter timeframe. For a potentially more lucrative AI stock trading at less than 5 times its earnings, check out our report on the cheapest AI stock with massive upside potential.

Read more: Boosts Sales 40% with Google AI, Powers 28,000 Stores