Trump Media rose in premarket trading on Tuesday after the company announced it had accumulated $2 billion in bitcoin and related assets.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Verizon Communications Inc. VZ reported better-than-expected second-quarter financial results and raised guidance on Monday. Verizon posted adjusted earnings of $1.22 per share, beating market estimates of $1.

Verizon's Q2 results beat expectations across key metrics, confirming growth momentum and effective execution of management's strategic initiatives. Learn more on VZ stock here.

Verizon has leaned on bundled offerings and price-lock deals to compete with rivals including AT&T (NYSE:T), T-Mobile US (NASDAQ:TMUS), Comcast (NASDAQ:CMCSA), and Charter Communications (NASDAQ:CHTR).

Verizon reported strong second-quarter results. The company is producing meaningful excess free cash flow after paying dividends. It expects to produce even more excess free cash flow in the second half of this year and beyond.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

The latest batch of robust earnings results from major companies helped lift stocks, with the S&P 500 and Nasdaq Composite reaching new highs.

In addition to some positive momentum for the broader market, AT&T stock actually got a lift from its biggest competitor's latest earnings report. Verizon published its second-quarter results before the market opened today, and investors saw its numbers as a bullish indicator for the broader telecom space.

Verizon is rated Buy with ~18% undervaluation, a 6.5% dividend yield, and solid growth potential. Read here for an analysis of VZ stock.