Nokia's stock climbed 3% following a new five-year contract with L&T Technology Services to expand its engineering and R&D operations in India. This partnership supports Nokia's AI infrastructure strategy by enhancing its capacity to serve cloud and AI customers, its fastest-growing business segment. Despite recent supply chain challenges and restructuring costs that pressured the stock, the deal signals Nokia's commitment to strengthening its AI-related technology base. Ericsson's stock also rose but lagged behind Nokia, highlighting Nokia's stronger position in the AI data center market.
Nokia's stock is up 3.69% on Pluang as of Oct 26, 2026 21:21 WIB, trading at USD 8.44. The company has a market cap of $46.30 billion and a dividend yield of 1.65%. This price movement coincides with Nokia's new five-year R&D deal in India, highlighting investor interest in its AI infrastructure growth.
After SpaceX imposed speed limits on its Starlink satellite internet service that disrupted Ukraine's military drone operations, Ukraine's Ministry of Defense signed a letter of intent with Finnish companies Nokia and ICEYE to develop new satellite c...
ICEYE and Nokia have signed a Letter of Intent with Ukraine's Ministry of Defence to collaborate on building sovereign satellite communication capabilities. This partnership aims to enhance Ukraine's defense by providing secure, high-performance sate...
Nokia reported third-quarter 2026 earnings per share of $0.10, surpassing the $0.08 estimate, and revenue of $5.78 billion, exceeding the $5.72 billion forecast. The company's AI and cloud sales surged 123%, driven by high demand for its IP Networks ...
Nokia's stock fell 10% after reporting Q3 2026 earnings that beat estimates, driven by strong demand for AI data center equipment. The company saw a 35% rise in operating profit and a 123% jump in AI & Cloud sales, but faced challenges like supply ch...
