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Nokia Stock Snaps Back After Selloff, But Its AI Bet Faces a Hard Test
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Nokia Stock Snaps Back After Selloff, But Its AI Bet Faces a Hard Test
Nokia’s U.S.-listed ADR closed up 3.81% at $12.82 on Friday, with 95.9 million shares traded, rebounding after a mid-week drop. First-quarter comparable operating profit rose 54% to 281 million euros, beating analyst estimates. Sales to AI and cloud customers jumped 49%. Bank of America upgraded Nokia to Buy last month, citing its expanded U.S. cloud exposure. The post Nokia Stock Snaps Back After Selloff, But Its AI Bet Faces a Hard Test appear…
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