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via finance.yahoo.comBusiness & Companies

Nokia Q3 profit rises on AI-driven network demand, outlook unchanged

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- Nokia Oyj (ST:NOKIA) reported a 35% rise in third-quarter comparable operating profit on Thursday, driven by strong demand for network infrastructure used in artificial intelligence and cloud computing, while maintaining its full-year financial outlook. Still…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong operating profit driven by AI networks supports the stock, though the outlook is unchanged.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Comparable operating profit rose 35% to €605 million.
  2. 02Net sales increased 10% to €5.15 billion.
  3. 03Network Infrastructure sales grew 15% on a constant-currency basis.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Nokia OyjNOKStock9.26 USDMarket closedtoday +2.66%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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