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The edge computing in healthcare market is projected to grow from $3.81 billion in 2023 to $10.60 billion by 2028, driven by the rise of telehealth services, wearable health technology, and the need for real-time data processing. Key players like Nvidia are innovating with AI platforms to enhance patient outcomes and operational efficiency. Major trends include the integration of AI, expansion of the Internet of Medical Things, and advancements in virtual healthcare services.
The global Wireless in Healthcare market is poised for significant growth, particularly in North America and the Asia Pacific region, driven by advancements in wireless communication technology and increasing demand for disease management. Key players like Stryker and GE Healthcare are innovating with new products, such as handheld ultrasound devices, to enhance patient care. Challenges such as data privacy and interoperability remain critical as the industry embraces connected devices and IoT solutions for improved health monitoring.
T-Mobile US Inc. reported a net gain of 865,000 monthly phone subscribers, surpassing analysts' expectations of 732,900. The Bellevue-based carrier also raised its forecasts for new customers and earnings this year, with revenue increasing 4.7% to $20.16 billion, slightly above the anticipated $20 billion.
Pittenger & Anderson Inc. increased its stake in Verizon Communications by 50.4%, now holding 883 shares valued at $37,000. Analysts have mixed ratings on the stock, with a consensus "Moderate Buy" and an average price target of $46.37. Verizon reported a slight revenue increase, with earnings per share of $1.19, beating estimates.
Verizon Communications, Inc. operates in wireless and wireline telecommunications, divided into mobile services through Verizon Wireless and wireline services including local and long-distance calls, broadband, and TV. Its net sales are primarily from residential customers (75.7%), followed by business (22.4%) and other customers (1.9%). UBS has reiterated a neutral rating on the company.
Verizon Communications Inc. reported third-quarter revenue of $33.3 billion, falling short of analysts’ expectations of $33.4 billion, primarily due to weak sales of mobile phones. Despite this, the company gained 239,000 monthly phone subscribers, surpassing projections of 222,000. However, overall revenue remained flat from the previous year as declines in wireless equipment revenue offset growth in service revenue.
The Dow snapped a three-day win streak as Kenvue shares surged 5.5% amid investor support for Starboard. GE Aerospace and GM are set to report, with GM up 86% from a post-strike low. Lockheed Martin and RTX also near recent highs, while several new IPOs are expected on Wall Street.
The global 5G in healthcare market is projected to grow from USD 4.90 billion in 2023 to USD 59.90 billion by 2031, driven by advancements in telehealth, robotic surgery, and IoT technologies. North America leads the market, with significant contributions from connected ambulances and healthcare providers, fueled by increasing demand for efficient data transfer and government initiatives. The sector is witnessing rapid innovation, enhancing patient care and operational efficiency.
Verizon Communications Inc.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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