TSX:GSY 25 May 2026

July 9, 2026, 3:08 PM EDT. Nokia shares jumped 9.64% to €11.20 in Helsinki on July 9, adding about €5.6 billion to its market cap at €64.16 billion. The stock led the OMX Helsinki 25, which rose 1.84%. Ericsson was up 6.70% in Stockholm, while Ciena climbed 6.09% in New York. Investors pointed to Nokia's AI networking plans and its work with NestAI on AI-powered defense command systems. The company moved 43.55 million treasury shares, or 0.76% of float, into equity incentive plans. Nokia's AI and cloud sales grew 49% in Q1, and attention is turning to its Q2 earnings due July 23.