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

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.

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 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).

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.

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.

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