The Latest Breaking News from Nokia Oyj

Despite several macro challenges, the tech sector looks well-positioned to experience significant growth, primarily driven by increased demand for cutting-edge digital solutions. Given the favorable prospects of the industry, quality tech stocks Nokia (NOK), Viavi Solutions (VIAV), and Extreme Networks (EXTR), which seems to be trading at a discount, could…

Tech stocks have suffered a brutal sell-off due to the aggressive interest rate hikes since the beginning of the year. However, the tech industry is expected to grow significantly in the long run, owing to the continued digital transformation. Therefore, investors interested in investing in tech may look to buy…

Jefferies analyst Janardan Menon initiated coverage of Nokia Oyj (NYSE:NOK) with a Buy rating and EUR 6 price target.  Menon sees 2022 as a strong year for telecom equipment makers citing lofty U.S. C-band deployments and improved 5G roll-outs in Europe. Also Read: Why Nokia Shares Are Rising Today Menon expects Nokia to benefit from…

Raymond James upgraded Nokia Oyj (NYSE: NOK), citing "improving competitive position" and rebuilding confidence in management.

Kyndryl Holdings Inc (NYSE:KD) and Nokia Oyj (NYSE:NOK) forged a global network and edge computing partnership. They look to help enterprise customers accelerate their digital transformations with industrial-grade reliable and secure LTE and 5G private wireless networking. The partnership builds on a successful private wireless connectivity project combining Nokia Digital Automation Cloud (DAC) application platform…

Nokia Oyj (NYSE:NOK) reported a fourth-quarter FY21 net sales decline of 2% year-on-year (-5% in constant currency) to €6.4 billion, missing the consensus by €70 million. Strong growth in Network Infrastructure of 10% was offset by Mobile Networks decline of 16%. Margins: The gross margin expanded by 50 bps to 39.5%. Comparable gross margin…