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Nokia Shares Fall on Report of Major Mainland China Retreat
InvestorsHub32d agobearish
Nokia Shares Fall on Report of Major Mainland China Retreat

Nokia Corp ADR (NYSE:NOK) shares fell 4% in premarket trading on Tuesday following a report that the Finnish telecommunications equipment group is preparing to close almost all of its locations in mainland China by the end of the year. According to the South China Morning Post, Nokia intends to significantly reduce its mainland Chinese workforce while shutting sites in stages over the remainder of the year.

Why Nokia (HLSE:NOKIA) Is Down 7.1% After AI-RAN Launch and Restructuring-Hit Q2 Profitability – And What's Next
Simply Wall St.56d agobearish
Why Nokia (HLSE:NOKIA) Is Down 7.1% After AI-RAN Launch and Restructuring-Hit Q2 Profitability – And What's Next

Nokia Oyj’s second-quarter 2026 results showed sales rising to €4,815 million from €4,443 million a year earlier, while net income slipped to €2 million from €90 million as restructuring and other charges weighed on profitability. At the same time, Nokia accelerated its push into AI-native networks with the launch of its commercial AI-RAN platform and €2.8 billion in AI-related order intake, underlining a shift toward higher-value cloud and AI infrastructure despite near-term margin...

Nokia Oyj (NOK): 10 Most Overvalued Quantum Computing Stocks According to Short Sellers
Insider Monkey89d agobearish
Nokia Oyj (NOK): 10 Most Overvalued Quantum Computing Stocks According to Short Sellers

With a forward P/E of 30.07, Nokia Oyj (NYSE:NOK) is among the 10 Most Overvalued Quantum Computing Stocks According to Short Sellers. On June 9, Nokia Oyj (NYSE:NOK) and Indosat Ooredoo Hutchison announced a partnership to modernize Indosat’s nationwide mobile network in Indonesia through the deployment of advanced 5G radio access network technologies. Under the agreement, Nokia will support […]

Lockheed Martin Expands Missile Defense And 5G Role In Future Warfare
Simply Wall St.136d agobearish
Lockheed Martin Expands Missile Defense And 5G Role In Future Warfare

Lockheed Martin (NYSE:LMT) has been selected by the U.S. Space Force to lead the Space Based Interceptor missile defense demonstrator, aimed at developing a new space layer for homeland missile defense. The company also launched a secure, defense focused 5G network solution in partnership with Nokia, designed for military and mission critical communications. Lockheed Martin enters these programs with its stock at $518.15 and a return of 12.9% over the past year, 24.5% over 3 years, and...