---
title: "Dow Surges 250 Points; Verizon Posts Mixed Q3 Results"
description: "U.S. stocks rose, with the Dow Jones up 250 points (0.55%) to 47,970.89. Verizon reported mixed Q3 results, with revenue of $33.8 billion, missing estimates, but adjusted EPS of $1.21 exceeded expecta"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/263315034.md"
published_at: "2025-10-29T13:57:56.000Z"
---

# Dow Surges 250 Points; Verizon Posts Mixed Q3 Results

> U.S. stocks rose, with the Dow Jones up 250 points (0.55%) to 47,970.89. Verizon reported mixed Q3 results, with revenue of $33.8 billion, missing estimates, but adjusted EPS of $1.21 exceeded expectations. Cambium Networks shares surged 209% after a partnership with Starlink, while Advent Technologies fell 51%. Oil and gold prices increased, and Asian markets closed higher. U.S. mortgage applications rose by 7.1% last week.

U.S. stocks traded higher this morning, with the Dow Jones index gaining around 250 points on Wednesday.

The Dow traded up 0.55% to 47,970.89 while the NASDAQ rose 0.65% to 23,982.73. The S&P 500 also rose, gaining, 0.33% to 6,913.53.

Check This Out: Top 2 Energy Stocks That May Implode This Quarter

**Leading and Lagging Sectors**

Information technology shares jumped by 1.4% on Wednesday.

In trading on Wednesday, real estate stocks fell by 1.1%.

**Top Headline**

**Verizon Communications** (NYSE:VZ) reported mixed third-quarter financial results and affirmed 2025 guidance.

The company reported quarterly revenue growth of 1.5% year-over-year (Y/Y), reaching $33.8 billion, which missed the analyst consensus estimate of $34.3 billion. Adjusted EPS of $1.21 topped the analyst consensus estimate of $1.19.

**Equities Trading UP  
**

-   **Cambium Networks Corp** (NASDAQ:CMBM) shares shot up 209% to $1.91 after the copmpany announced integration of its Cambium ONE Network solution with Starlink satellite Internet services.
-   Shares of **Purple Biotech Ltd – ADR** (NASDAQ:PPBT) got a boost, surging 118% to $1.27 after the company achieved a commercially viable yield for IM1240, positioning the program for future development.
-   **Founder Group Ltd** (NASDAQ:FGL) shares were also up, gaining 54% to $0.69.

**Equities Trading DOWN**

-   **Advent Technologies Holdings Inc** (NASDAQ:ADN) shares dropped 51% to $1.33.
-   Shares of **Stride Inc** (NYSE:LRN) were down 47% to $82.04 after the company provided second-quarter sales guidance below analyst estimates.
-   **Varonis Systems Inc** (NASDAQ:VRNS) was down, falling 44% to $35.14 after the company reported third-quarter revenue below estimates and provided fourth-quarter guidance below expectations.

**Commodities**

In commodity news, oil traded up 0.3% to $60.31 while gold traded up 1% at $4,022.90.

Silver traded up 1.6% to $48.075 on Wednesday, while copper rose 1% to $5.2205.

**Euro zone**

European shares were mixed today. The eurozone's STOXX 600 gained 0.1%, while Spain's IBEX 35 Index rose 0.4%. London's FTSE 100 rose 0.7%, Germany's DAX 40 fell 0.3% and France's CAC 40 fell 0.2% during the session.

**Asia Pacific Markets**

Asian markets closed higher on Wednesday, with Japan's Nikkei 225 surging 2.17%, China's Shanghai Composite gaining 0.70% and India's BSE Sensex gaining 0.44%.

**Economics**

U.S. volume of mortgage applications jumped by 7.1% from the previous week in the period ending Oct. 17.

**Now Read This:**

-   **Nvidia To Rally Around 37%? Here Are 10 Top Analyst Forecasts For Wednesday**

Photo via Shutterstock

### Related Stocks

- [VZ.US - Verizon](https://longbridge.com/en/quote/VZ.US.md)
- [CMBM.US - Cambium Networks](https://longbridge.com/en/quote/CMBM.US.md)
- [ADN.US - Advent Tech](https://longbridge.com/en/quote/ADN.US.md)
- [ADNH.US - Advent Technologies Holdings, Inc.](https://longbridge.com/en/quote/ADNH.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.