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Nokia

Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises, offering as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.

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Un exingeniero de Nokia critica la lenta adopción por parte de Apple de la IA y los vehículos autónomos, señalando problemas de ejecución.

Apple se atrasa en IA y vehículos autónomos, según exinvestigador de Nokia

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Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este jueves: BMY, NOK, PEP, PG y GOOGL.

5 acciones en el foco este jueves: BMY, NOK, PEP, PG y GOOGL

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The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the<a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Grid Dynamics Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDYN#NASDAQ">GDYN</a>)</h3>
<ul class="wp-block-list">
<li>Grid Dynamics will host a video conference call on Thursday, July 31 to discuss its second quarter financial results. The company's stock fell around 16% over the past five days and has a 52-week low of $10.26.</li>
<li>RSI Value: 26.5</li>
<li>GDYN Price Action: Shares of Grid Dynamics fell 1.4% to close at $10.31 on Tuesday.</li>
<li>Edge Stock Ratings: 13.88 Momentum score with Value at 10.36. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/quote/GDYN"><img loading="lazy" decoding="async" width="392" height="177" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065502/image-191.png" alt="" class="wp-image-987597" style="width:292px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065502/image-191.png 392w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065502/image-191-300x135.png 300w" sizes="(max-width: 392px) 100vw, 392px" /></a></figure>
<h3 class="wp-block-heading">Nokia Oyj (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>)&nbsp;&nbsp;&nbsp;</h3>
<ul class="wp-block-list">
<li>On July 14, Nokia added three mobile technology tools to Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google Cloud Marketplace, making it easier for developers worldwide to use them when building apps. These tools, Quality of Service on Demand, Number Verification, and Device Location Verification, help apps run better and more securely on mobile networks. The company's stock fell around 10% over the past month and <a href="https://www.benzinga.com/quote/NOK">has a 52-week low</a> of $3.60.</li>
<li>RSI Value: 21.7</li>
<li>NOK Price Action: Shares of Nokia fell 2.7% to close at $4.75 on Tuesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0716">NOK stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0716"><img loading="lazy" decoding="async" width="917" height="845" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065554/image-192.png" alt="" class="wp-image-987598" style="width:624px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065554/image-192.png 917w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065554/image-192-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065554/image-192-768x708.png 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
<h3 class="wp-block-heading">Methode Electronics Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>)</h3>
<ul class="wp-block-list">
<li>On July 9, Methode Electronics reported a fourth-quarter adjusted EPS miss and issued FY26 revenue guidance below estimates. President and Chief Executive Officer Jon DeGaynor said, &#8220;The Methode transformation journey made further progress in the quarter, as we focused on improving execution to drive long-term value. We have built a new management team and set records for the quarter and the year in data center power product sales, with the year finishing at over $80 million.&#8221; The company's stock fell around 38% over the past five days and has a 52-week <a href="https://www.benzinga.com/quote/MEI">low of $5.08</a>.</li>
<li>RSI Value: 25.6</li>
<li>MEI Ltd Price Action: Shares of Methode Electronics fell 3.6% to close at $6.48 on Tuesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential breakout in <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0716">MEI shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0716"><img loading="lazy" decoding="async" width="902" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065646/image-193.png" alt="" class="wp-image-987599" style="width:608px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065646/image-193.png 902w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065646/image-193-300x278.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16065646/image-193-768x713.png 768w" sizes="(max-width: 902px) 100vw, 902px" /></a></figure>
Don't miss out on the full BZ Edge Rankings—<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">compare all the key stocks now</a>.
Read This Next:
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<li> <a href="https://www.benzinga.com/trading-ideas/short-ideas/25/07/46415122/top-2-tech-telecom-stocks-that-may-keep-you-up-at-night-this-month">Top 2 Tech &amp; Telecom Stocks That May Keep You Up At Night This Month</a> </li>
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Top 3 Tech Stocks That Are Preparing To Pump In July

Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) has added three mobile technology tools to Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google Cloud Marketplace, making it easier for developers worldwide to use them when building apps.
These tools, Quality of Service on Demand, Number Verification, and Device Location Verification, help apps run better and more securely <a target="_blank" href="https://www.nokia.com/newsroom/nokia-network-apis-now-available-on-google-cloud-marketplace-making-it-even-easier-for-developers-to-utilize/" rel="noreferrer noopener">on mobile networks</a>.
By putting these tools on Google Cloud, Nokia gives developers a simple way to access advanced mobile features without needing deep technical knowledge of how networks work. Developers can now more efficiently build apps that work across multiple mobile networks.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134725/google-cloud-hires-former-oracle-cfo-as-ai-race-heats-up" rel="noreferrer noopener">Google Cloud Hires Former Oracle CFO As AI Race Heats Up</a>
These tools are part of Nokia&#8217;s effort to make mobile networks more open and usable for app creators. They follow global standards so that apps using them can work smoothly in different countries. Nokia plans to bring even more of these tools to Google Cloud.
Global cloud infrastructure spending hit $90.9 billion in the first quarter of 2025, rising 21% year-over-year as enterprises ramped up cloud migration to support AI deployment, <a target="_blank" href="https://canalys.com/newsroom/global-cloud-q1-2025" rel="noreferrer noopener">per</a> Canalys. Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web Services (AWS), Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Azure, and Google Cloud held their lead, commanding 65% of global market share and growing a combined 24% from the prior year.
Microsoft Azure and Google Cloud saw growth above 30%, while AWS&#8217;s growth slowed to 17%, down from 19% in the fourth quarter, due to supply constraints that limited its ability to meet soaring AI demand. Leading cloud providers invest in AI infrastructure to stay competitive and reduce AI costs, primarily proprietary chips that improve efficiency and scale inference workloads.
Generative AI remains a key driver, pushing businesses to accelerate cloud adoption and migrate more workloads off legacy systems. In 2025, cloud and AI infrastructure will cement the market&#8217;s core growth themes.
Price Action: GOOGL stock is trading lower by 0.51% to $179.28 premarket at last check Monday.
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/06/46090025/verizon-teams-up-with-nokia-to-bring-high-tech-5g-boost-to-busy-british-ports" target="_blank" rel="noreferrer noopener">Verizon Teams Up With Nokia To Bring High-Tech 5G Boost To Busy British Ports</a></li>
</ul>
Photo via Shutterstock

AMZN

MSFT

Nokia Adds New Developer Tools On Google Cloud Marketplace

Nokia network APIs now available on Google Cloud Marketplace, making it even easier for developers to utilize
<ul>
<li>The Nokia network APIs available on Google Cloud Marketplace are Quality of Service on Demand, Number Verification, and Device Location Verification.</li>
</ul>

Nokia Expands Developer Access With Network APIs On Google Cloud Marketplace

Indosat Ooredoo Hutchison, a leading Indonesian <a target="_blank" href="https://www.benzinga.com/topic/telecommunications" rel="noreferrer noopener">digital telecom provider</a>, has adopted Nokia Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) Energy Efficiency solution from its Autonomous Networks portfolio to cut energy use and lower CO₂ emissions across its national radio access network (RAN).
Leveraging AI and machine learning to analyze real-time traffic, the solution allows Indosat to automatically power down idle or underutilized radio equipment during <a target="_blank" href="https://www.nokia.com/newsroom/indosat-ooredoo-hutchison-and-nokia-partner-to-reduce-energy-demand-and-support-ai-powered-sustainable-operations/" rel="noreferrer noopener">low-demand periods</a>.
Intelligent thermal management also reduces cooling-related energy consumption.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45855187/nokia-taps-amd-processors-to-power-next-gen-5g-networks" rel="noreferrer noopener">Nokia Taps AMD Processors To Power Next-Gen 5G Networks</a>
Delivered via a SaaS model, the solution avoids enormous upfront costs and removes the need for on-site maintenance, making it a greener and more efficient alternative, the company said in a press release.
The multi-vendor, AI-powered platform helps reduce both energy costs and environmental impact without compromising network performance or customer service.
The deployment follows a successful pilot in which Nokia&#8217;s solution effectively cut live network energy use. Nokia has expanded the rollout across its entire RAN footprint in Sumatra, Kalimantan, Central, and East Java.
Nokia stock surged over 16% year-to-date, topping the NYSE Composite&#8217;s close of 9%, backed by licensing deals and positive performance in its Network Infrastructure, Cloud, and Network Services divisions. The acquisition of&nbsp;Infinera&nbsp;and strategic partnerships also added to investor confidence.&nbsp;The stock gained over 33% in the last 12 months versus the index&#8217;s close to 15%.
Ten analysts have set an <a target="_blank" href="https://www.benzinga.com/quote/NOK/analyst-ratings" rel="noreferrer noopener">average price target</a> of $5.44 for Nokia. Craig-Hallum gave the highest target of $7 on January 6, 2025. The three most recent ratings assigned an average target of $6.55, suggesting a potential upside of 27.18% from Nokia&#8217;s current price.
Price Action: NOK stock is trading lower by 0.77% to $5.15 premarket at last check Monday.
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46226585/microsoft-cuts-9000-jobs-in-second-2025-layoff" target="_blank" rel="noreferrer noopener">Microsoft Cuts 9,000 Jobs In Second 2025 Layoff As AI Expansion Pushes Cost Controls</a></li>
</ul>
Photo via Shutterstock

Nokia's AI Tech Powers Greener Mobile Networks In Indonesia

Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations
<ul>
<li>Nokia Energy Efficiency, part of the company's Autonomous Networks portfolio, will enable Indosat Ooredoo Hutchison to shut idle and unused radio equipment automatically during low network demand periods.</li>
<li>The agreement supports Indosat Ooredoo Hutchison's commitment to sustainability and digital innovation, and its transformation into an AI-powered TechCo, building a smarter, greener, and more inclusive Indonesia.</li>
</ul>

Nokia Partners With Indosat To Drive Sustainable Innovation And Reduce Carbon Footprint With Multi-Vendor AI Energy Management Tools

Nokia today announced its latest venture, Enscryb, an energy innovation platform, is partnering with NODES, an energy trading company. In addition, Enscryb has also secured and onboarded two customers: Nanuq, a charging infrastructure company, and Smartecon, a renewable energy provider.

Nokia Announced Enscryb Partnership With NODES For Energy Innovation Platform; Onboards Nanuq And Smartecon As Initial Customers

Over the weekend, Yun-Ta Tsai, a former Nokia Telecommunications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) researcher and current Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) senior staff engineer, shared his perspective on Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a href="https://www.benzinga.com/markets/tech/25/06/45851232/apples-lack-of-new-ai-features-at-wwdc-is-startling-expert-says">slow adoption of artificial intelligence</a> (AI) and autonomous vehicles.
What Happened: Tsai took to X, formerly Twitter, and recalled his time at Nokia, where engineers debated the transition from physical keyboards to touchscreens.
While U.S. engineers pushed for touchscreens to lead the way, he said, Finnish engineers were hesitant, believing the transition was too risky. Tsai noted the same "legacy crutches" that <a href="https://www.benzinga.com/news/24/10/41307048/elon-musks-spacex-was-once-called-a-dream-seller-by-this-potent-rival-now-pierre-ferragu-warns-compa">held Nokia back</a> are now plaguing Apple.
Pierre Ferragu, an analyst with New Street Research, corroborated Tsai's sentiments, recalling a conversation in 2007 when Nokia's CTO dismissed touchscreens.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/45830549/pierre-ferragu-takes-apple-to-task-for-dismissing-the-ai-revolution-has-its-head-in-the-sand" target="_blank" rel="noreferrer noopener">Pierre Ferragu Takes Apple To Task For Dismissing The AI Revolution: ‘Has Its Head In The Sand&#8217;</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I can confirm. I experienced this from very close, as an analyst (with a sell rating) Nokia's CTO told me in 2007 "we have tried touchscreens, consumers don't like it" and "whatever we miss and Apple gets right, we can catch up in under six months." I didn't buy it… <a href="https://t.co/WPpBoGazMX">https://t.co/WPpBoGazMX</a>
&mdash; Pierre Ferragu (@p_ferragu) <a href="https://twitter.com/p_ferragu/status/1939351867777245498?ref_src=twsrc%5Etfw">June 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Tsai went on to discuss Apple's attitude toward emerging technologies like AI and <a href="https://www.benzinga.com/news/24/10/41309072/apple-poured-1b-a-year-into-its-car-project-before-abandoning-it-tim-cooks-company-now-pulls-plug-on">autonomous vehicles</a>, pointing out that despite having competitive hardware, the company is struggling with execution.&nbsp;
"The problem of Apple is that they have every pieces they need to be dominant," but the tech giant doesn't feel the urgency, Tsai said.
He referenced Apple's attitude toward Full-Self Driving (FSD), where the company's machine learning manager dismissed the technology's potential. "They believed their models were superior and they were taking their time," Tsai noted.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The problem of Apple is that they have every pieces they need to be dominant and they don't feel like they don't need to hurry. One of their ML managers did not think Full-self Driving was real. When asked if they would catch up the competition, they believed their models were…
&mdash; Yun-Ta Tsai (@YunTaTsai1) <a href="https://twitter.com/YunTaTsai1/status/1939414624207532284?ref_src=twsrc%5Etfw">June 29, 2025</a></blockquote>
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Tsai acknowledged that Apple has competitive chips (System on Chips, or SoCs) and technology but said they have execution issues.
&#8220;I think their chips are quite competitive in my opinion,&#8221; Tsai said, adding, &#8220;What they lack, is not technology, but execution.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I think their chips are quite competitive in my opinion. They did pretty much everything right for a power efficient SoC — memory buses, ASIC and connectivity all that. The CPU is gorgeous. What they lack, is not technology, but execution.
&mdash; Yun-Ta Tsai (@YunTaTsai1) <a href="https://twitter.com/YunTaTsai1/status/1939420265227931931?ref_src=twsrc%5Etfw">June 29, 2025</a></blockquote>
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Why It's Important: Apple's ambitious plan to transform the auto industry came to a sudden halt after ten years of development and billions in spending. The secretive effort — dubbed "Titan" inside the company — faced constant challenges, from leadership uncertainty to technical obstacles and evolving goals, before being <a href="https://www.benzinga.com/news/24/03/37528093/apple-poured-1b-a-year-into-car-project-concocted-by-steve-jobs-for-a-decade-before-realizing-it-nee">officially scrapped</a> in February 2024.
Now <a href="https://www.benzinga.com/media/25/05/45486193/why-is-apple-still-behind-on-ai-expert-dissects-reasons-behind-iphone-maker-lagging-likes-of-microsoft-and-amazon-despite-poaching-googles-ai-chief">doubts are mounting</a> over Apple's ability to have an edge in fast-evolving fields like AI and spatial computing, especially as nimble startups and tech giants like Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) push ahead.
Reports have also emerged that suggested that Apple executives had <a href="https://www.benzinga.com/markets/tech/25/06/46041473/apple-eyes-perplexity-ai-acquisition-while-facing-shareholder-lawsuit-over-exaggerated-ai-progress-report">considered acquiring</a> Perplexity AI, but the startup has since stated it has no knowledge of any ongoing or planned acquisition discussions.
Benzinga's Edge Stock Rankings indicate that Apple's shares continue to trend downward across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional performance details are available here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/30031356/Screenshot-2025-06-30-at-8.29.11%E2%80%AFAM-1.png" alt="" class="wp-image-966370" /></a></figure>
Photo Courtesy: Prathmesh T on Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45489038/us-stocks-likely-to-open-lower-after-moodys-downgrade-bear-market-isnt-fully-recovered-yet-but-it-is-close-says-expert" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Lower After Moody&#8217;s Downgrade: ‘Bear Market Isn&#8217;t Fully Recovered Yet, But It Is Close,&#8217; Says Expert</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Apple's Biggest Mistake? Ex-Nokia And Tesla Engineer Explains What's Really Going Wrong

Nokia signs revolving credit facility with its pricing mechanism linked to the company's sustainability targets
<ul>
<li>Nokia's financing strategy maintains steadfast link with its sustainability strategy with EUR 1.5 billion multicurrency revolving credit facility.</li>
<li>New facility builds on previous work in this area including sustainability-linked guarantee facility and sustainable finance framework.</li>
<li>Pricing mechanism linked to reduction of Nokia's Scope 1, 2 and 3 greenhouse gas emissions.</li>
</ul>

Nokia Signs €1.5B Revolving Credit Facility With Margin Tied To Climate Targets

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Thursday.
Shares of Altimmune, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NASDAQ">ALT</a>) fell sharply in today's pre-market trading after the company announced topline results from the IMPACT Phase 2b trial of Pemvidutide<a href="https://www.benzinga.com/quote/ALT/news"> in the treatment of MASH</a>.
Altimmune shares dipped 61.2% to $2.99 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul class="wp-block-list">
<li>Bit Digital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) declined 14.9% to $2.0002 in pre-market trading as the company announced the pricing of public offering of its ordinary shares.</li>
<li>XCF Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAFX#NASDAQ">SAFX</a>) fell 8.8% to $2.07 in pre-market trading after surging more than 32% on Wednesday.</li>
<li>Kratos Defense &amp; Security Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KTOS#NASDAQ">KTOS</a>) fell 7% to $39.38 in pre-market trading after the company priced its public offering of common stock.</li>
<li>Waldencast plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WALD#NASDAQ">WALD</a>) fell 6.3% to $2.53 in pre-market trading.</li>
<li>Crescent Biopharma, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBIO#NASDAQ">CBIO</a>) shares fell 6.2% to $16.89 in pre-market trading. Stifel, on Wednesday, initiated coverage on the stock with a Buy rating and announced a price target of $28.</li>
<li>UP Fintech Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>) fell 3.3% to $9.62 in pre-market trading.</li>
<li>Nokia Oyj (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) fell 2.7% to $5.03 in pre-market trading.</li>
</ul>
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Photo via Shutterstock

Movers

BTBT

CBIO

KTOS

SAFX

TIGR

WALD

Altimmune, Bit Digital, Kratos Defense & Security Solutions And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) Verizon Business,&nbsp;Thames Freeport, and Nokia Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) on Wednesday announced a <a href="https://www.benzinga.com/pressreleases/25/06/g46087422/verizon-business-wins-multisite-private-5g-contract-fueling-a-multibillion-dollar-regeneration-pro" target="_blank" rel="noreferrer noopener">partnership to deploy</a> Verizon Private 5G Networks across multiple key logistics, manufacturing, and innovation sites along the River Thames Estuary in U.K.&nbsp;
Verizon Private 5G Networks will serve as the technology foundation for a multiyear,&nbsp;multibillion-dollar&nbsp;operational transformation and economic revival for the region, one of the busiest maritime logistics hubs in U.K.
The Private 5G Networks buildout provides a scalable, long-term connectivity foundation for advanced data, AI, edge computing, and IoT infrastructure deployments to transform port and manufacturing operations.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/25/04/44930091/t-mobiles-long-game-five-year-price-lock-takes-a-jab-at-verizon" rel="noreferrer noopener">T-Mobile&#8217;s Long Game: Five-Year Price Lock Takes A Jab At Verizon</a>
Thames Freeport has already created 1,400 jobs and plans to reach 5,000 by 2030, focusing on high-skilled training for local communities, the company said in a press release.
The Verizon Private 5G Networks will enable advanced data and application capabilities for AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring, and real-time logistics orchestration.
Nokia is the network&#8217;s sole hardware and software provider, which will incorporate the Nokia Digital Automation Cloud (DAC) platform and Nokia MX Industrial Edge (MXIE).
The Verizon Private 5G Networks will be deployed to DP World London Gateway, DP World Logistics Park, Port of Tilbury, and Ford Dagenham.
The move marks Verizon&#8217;s attempt to unlock value beyond U.S. The stock is up just 4% in the last 12 months as it grappled with weaker subscriber numbers due to competition from AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) and T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>).
Verizon reported&nbsp;<a target="_blank" href="https://www.benzinga.com/25/04/44920917/verizon-struggles-with-subscriber-losses-from-price-increases-competition-and-lower-government-support" rel="noreferrer noopener">fiscal&nbsp;first-quarter</a> revenue growth of 1.5% year-over-year, reaching $33.49 billion, topping the&nbsp;analyst consensus estimate of $33.24 billion. Adjusted EPS of $1.19 topped the&nbsp;analyst&nbsp;consensus estimate of $1.15.
Total wireless service revenue was $20.8 billion, up 2.7% Y/Y.
Postpaid phone net losses were 289,000 versus 114,000 net losses Y/Y driven by price hikes, rival promotional offers, and lesser government support. Verizon attributed some of the loss to lower spending by some federal agencies.
Verizon reiterated a 2.0%-2.8% growth in wireless service revenue. It reaffirmed an adjusted EPS of $4.59-$4.73 versus consensus of $4.67.
Price action:&nbsp;On Tuesday, Verizon shares edged up 0.64%, closing the session at $42.63.
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</ul>
Photo by Karolis Kavolelis via Shutterstock

Large Cap

TMUS

Verizon Teams Up With Nokia To Bring High-Tech 5G Boost To Busy British Ports

<ul>
<li>Verizon Business, in collaboration with Nokia, will deliver multiple Verizon Private 5G Networks to industrial campuses across the Thames Freeport, one of the UK's busiest maritime logistics and manufacturing regions.</li>
<li>The Thames Freeport is a designated UK "Free Trade Zone," established to boost economic growth, create high-value jobs and attract global investment as part of a long-term effort to revive the UK's River Thames Estuary region.</li>
<li>Thames Freeport will use Verizon Private 5G to enhance port operations with AI-driven data analytics, autonomous vehicle control, real-time logistics orchestration, innovation research &amp; development, and more.</li>
</ul>

Nokia And Verizon Partner To Build Private 5G Backbone For Thames Freeport's AI-Driven Logistics, Autonomous Vehicles, And Real-Time Operational Insights

<ul>
<li>Nokia Autonomous Network Fabric brings together all the capabilities required to accelerate the journey to full network automation in an open, cloud-native, multi-vendor environment.</li>
<li>Key features include a library of cross-domain correlated data products, telco-trained models (LLM/LAM/ML), integrated security, and AI apps for automation workflows.</li>
<li>Nokia announces an expanded collaboration with Google Cloud that will make Nokia's Autonomous Network Fabric available to deploy anywhere customers need it, on Google Cloud, on premises, and in hybrid cloud environments.</li>
</ul>

Nokia Launches Autonomous Network Fabric With Telco-Trained AI, Google Cloud Partnership, And Real-Time Automation Capabilities

Telstra and Nokia partner to unlock network APIs for developers and enterprises
<ul>
<li>Telstra's muru-D Labs, a hub for incubating ideas, products, and technologies, will make network APIs available in a lab environment on Nokia's Network as Code platform with developer portal.</li>
<li>The collaboration targets industry use cases for enterprises that leverage CAMARA and GSMA Open Gateway APIs.</li>
</ul>

Telstra And Nokia Partner To Open Network APIs For Developers Via Network As Code Platform And muru-D Labs

Nokia and Elisa modernize network for Advanced 5G era
<ul>
<li>Nokia to supply Advanced 5G (5.5G) ready solutions from its industry-leading AirScale portfolio supporting AI applications.</li>
<li>Continued partnership will see Elisa and Nokia deploy cloud-native Voice Core solution to drive deployment of new 5G Advanced services and improve operational efficiencies.</li>
<li>Elisa to deploy Nokia data center fabric network automation solution for faster time to market and better service availability.</li>
</ul>

Nokia And Elisa Sign Four-Year Contract Extension To Modernize Network With Advanced 5G-Ready AirScale Solutions Across Finland And Estonia

Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) on Tuesday announced that Nokia Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) has included 5th Gen AMD EPYC processors to power <a href="https://www.benzinga.com/pressreleases/25/06/g45853117/amd-epyc-processors-now-power-nokia-cloud-infrastructure-for-next-gen-telecom-networks" target="_blank" rel="noreferrer noopener">the Nokia Cloud Platform</a>.
Dan McNamara, senior vice president and general manager of Server Business, AMD, highlighted how telecom operators sought infrastructure solutions that combine performance, scalability, and power efficiency to manage the growing complexity and scale of 5G networks.
Kal De, senior vice president of product and Engineering, Cloud and Network Services at Nokia, said the new 5th&nbsp;Gen AMD EPYC processors offer high performance and impressive energy efficiency, enabling Nokia to meet the demanding needs of its 5G customers while contributing to the industry&#8217;s sustainability goals.
Also Read: <a href="https://www.benzinga.com/m-a/25/06/45789800/amd-acquires-another-company-to-expands-ai-arsenal" target="_blank" rel="noreferrer noopener">AMD Acquires Another Company To Expand AI Arsenal</a>
The processors will be deployed within the Nokia Cloud Platform, a key component that supports containerized workloads foundational to 5G Core, edge, and enterprise applications. By integrating the AMD EPYC 9005 Series processors into the Nokia Cloud Platform, Nokia will deliver impressive performance per watt.
AMD stock is down over 24% in the last 12 months as it grappled with intensifying competition with Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) with additional headwinds from the Trump administration&#8217;s tariff policies.
Bank of America Securities&nbsp;analyst Vivek Arya <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45845825/ai-momentum-powers-nvidia-arm-and-chip-supply-chain-in-bofa-recap" rel="noreferrer noopener">expressed optimism across</a> computing and networking for GPU (Nvidia and AMD) and ASIC (Marvell Technology (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrvl#NASDAQ">MRVL</a>)) vendors after attending a tech conference on Monday. Nvidia remains best positioned to benefit from the ongoing AI tide, supported by a multi-year lead in performance (AI scaling), pipeline, incumbency, scale, and developer support, Arya noted.
The analyst said that AMD continues to see strong sell-through in the second quarter, aided by higher-ASP new products, and could even see seasonal second-half strength.
Price Action:&nbsp;AMD stock is trading higher by 0.14% to $121.90 premarket at last check Tuesday.
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Photo via Shutterstock

MRVL

Nokia Taps AMD Processors To Power Next-Gen 5G Networks

Nokia and Leonardo partner to deliver worldwide mission-critical private wireless networks for public safety and critical infrastructures
<ul>
<li>Leonardo's Mission Critical Services platform (MC_linX) will be integrated into Nokia's Core Enterprise Solutions.</li>
<li>The integrated solution will enable real-time communication, emergency response, and situational awareness for public safety, power utilities, and railways.</li>
</ul>

Nokia And Leonardo Partner To Deliver Mission-Critical Private Wireless Networks For Public Safety, Utilities, And Railways

Nokia Cloud Platform Adopts 5th Gen AMD EPYC Processors To Power High-Performance, Energy-Efficient 5G Infrastructure

Nokia Has Been Selected To Lead PROACTIF, A Project Funded By The European Union's Chips Joint Undertaking

CSC, SURF and Nokia Achieve 1.2 Tbit/s Data Transfer to prepare long haul network for new LUMI-AI supercomputer and AI Factories
<ul>
<li>Trial helps researchers prepare network for high performance computing (HPC) clusters and AI Factories handling massive datasets and high-intensity workloads.</li>
<li>Results confirm that multi-domain, high-capacity data transfers across European research networks are both feasible and future-ready.</li>
</ul>

CSC, SURF And Nokia Achieve 1.2 Tbit/S Data Transfer Between Amsterdam And Kajaani To Prepare For LUMI-AI Supercomputer And AI Factories

Nokia and Andorix partner to accelerate Private 5G and Edge solutions in North American real estate market&nbsp;
<ul>
<li>Private 5G, Neutral Host Network and Edge Application OT solutions enabled by Nokia Digital Automation Cloud (DAC) to enable efficient building operations and improve tenant's satisfaction.&nbsp; &nbsp;</li>
</ul>

Nokia Teams Up With Andorix To Expand Indoor 5G and Edge Solutions Across U.S. And Canadian Properties

Management

Press Releases

Berry and Glatfelter Announce Magnera Board of Director Appointments in Connection With Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business With Glatfelter

INFINERA INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Infinera Corporation - INFN

Infinera Corporation Reports Third Quarter 2024 Financial Results

General

Nokia's Cellular Network Ready for Moon as Intuitive Machines Completes Final Lunar Lander Installation

Small Cap

Opinion

Breakthrough Quantum Chip Promises to Bring Industrial-Scale Computing Sooner Than Expected

Infinera Corporation Fourth Quarter and Fiscal 2024 Financial Results

Lockheed Martin, Nokia, and Verizon Advance Defense Capabilities Through 5G.MIL® Collaboration

January 2021: Elon Musk's "Use Signal" Tweet Sent Signal Advance (SIGL) Soaring – Sparks a Stock Revolution

Ericsson, GE Vernova, and Nokia Offering High-Value Incentives to Utilities via AnterixAccelerator™ to Enhance 900 MHz Spectrum Offering

Core Scientific Appoints Elizabeth Crain to Board of Directors

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