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Verizon beats and raises Q1 guidance; Shell to acquire ARC Resources for C$32.80 per share

Yahoo Finance AI · April 28, 2026

Verizon beats and raises Q1 guidance; Shell to acquire ARC Resources for C$32.80 per share

AI Summary

  • Verizon (VZ) reported a "beat and raise" result for Q1. Shell (SHEL) agreed to acquire ARC Resources (AETUF) for C$32.80 per share. Domino's Pizza (DPZ) reported downbeat Q1 results and announced an additional $1B share repurchase program.
  • Major stock moves: Snap (SNAP) was upgraded to Buy at Rothschild & Co; Redburn upgraded Nokia (NOK) to Buy from Hold. Veradermics (MANE) gained after its Phase 2/3 trial of VDPHL01 met all primary and secondary endpoints.
  • Big tech companies are preparing to spend hundreds of billions of dollars on AI infrastructure, with most plans dependent on ASML (ASML), according to the Wall Street Journal. South Korea and Google (GOOGL) agreed to establish an AI campus in Seoul to strengthen collaboration with local engineers and startups.

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