Nokia (HEL:NOKIA) shares decline as €2.8 billion in AI and cloud deals await conversion

Nokia Oyj slipped 1.1% to €8.36 on Thursday, while the OMXH25 index in Helsinki climbed 0.6%. The differing performance brings focus to order conversion in trading.

Artificial Intelligence · Cloud Computing · HEL:NOKIA · Stock Market · Technology

Nokia Faces 72% H2 Profit Hurdle as Ericsson Flags AI Costs

Nokia Oyj’s shares slipped 2.5% to €10.30 in Helsinki at 16:44 EEST after investors reacted to a cost warning from Ericsson. The AI-driven rally is under the microscope, as nearly 75% of the company’s consensus comparable operating profit for the year is still to be generated in the back half. Focus has shifted—demand isn’t the main concern now.
14 July 2026
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Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia Oyj heads into Monday with the Helsinki market closed for the weekend, after big swings last week. Shares soared 9.64% on Thursday as the company showed off its first operational results from the NestAI defence partnership. Nokia finished Friday at €10.90. Thursday's rally pushed up market value by about €5.5 billion, using the 5.6 billion shares not owned by the company, or 55 times the €100 million joint investment from Nokia and Tesi tied to the partnership.
12 July 2026
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Nokia drops as investors shrug at FiberCop news, look to AI-optics prices

Nokia (HEL:NOKIA) adds €5.6B in market cap as shares surge in Helsinki

Nokia Oyj jumped 9.64% to finish at 11.20 euros in Helsinki on Thursday. The move added about 5.6 billion euros in market cap in one session as investors bought in on new signs of the company’s AI-networking strategy. According to Google Finance, Nokia’s market value stood at 64.16 billion euros at 18:29 local time, with shares moving between 10.50 and 11.24 euros for the day.
9 July 2026
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Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
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Neurocrine Biosciences

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#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

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