Nokia is trading at €9.40, up +4.28% today, extending its August 12 rally after 8% year-over-year Q2 sales growth, strong AI and cloud demand, and €2.8 billion in new orders.
- Lumentum’s positive optical outlook is reinforcing investor confidence in Nokia’s data-center networking exposure.
- Broader risk appetite is supporting technology shares as cooler inflation supports growth stocks. [web:EVENT:6a7dcf30fe4b27b8e90c0ec4]