Why Is Nokia Stock Trading Higher Today? - Microsoft (NASDAQ:MSFT), Nokia (NYSE:NOK)

Marvell Technology (MRVL) shares rose 5% to around $242 after announcing a new cloud-based payment security platform with Microsoft (MSFT) and Utimaco, targeting a $5B market by 2033. The platform, Azure Payment HSM v2, uses Marvell's LiquidSecurity hardware security modules (HSMs) and aims to simplify payment security for financial institutions. Analysts maintain a Strong Buy consensus rating with an average price target of $298.38, suggesting 24% upside.

OpenAI and Microsoft executives admitted in court documents that their AI tools substitute for news articles, threatening the industry. Microsoft CEO Satya Nadella and OpenAI's Nick Turley acknowledged the substitutive nature of their products. The Trump administration supported the companies' fair use argument. Microsoft's data shows significant drops in click-through rates for news content. The unsealed documents reveal internal discussions and projects related to AI training.

Jim Cramer recommended Nokia (NOK) on Mad Money, citing its AI and cloud growth. Shares rose 3.8% after announcing a Microsoft partnership. Nokia's stock is up 132.81% over 12 months, with Q2 revenue beating estimates. However, it reported a Q2 loss and negative free cash flow. Analysts have mixed views on its valuation and future performance.

Nokia's U.S. shares rose 4.4% after announcing a Microsoft-backed data layer for telecom networks. The integration combines Nokia Data Suite with Microsoft Fabric, aiming to automate network tasks. Nokia's ADR reached $10.585, with 82 million shares traded. The companies did not disclose financial details or customer orders. Nokia's Q2 sales grew 8%, with AI-related orders at €2.8 billion.

Nokia (NOK) stock rose 3.9% after announcing an expanded partnership with Microsoft to integrate Nokia Data Suite with Microsoft Fabric, aiming to provide faster network insights for telecom operators. The rally follows recent AI-RAN trial progress, insider buying, and analyst support with price targets ranging from $15 to $21. Nokia's return to the Euro STOXX 50 index on September 21 is also anticipated to drive demand.

Nokia (NOK) shares rose 6% after expanding its partnership with Microsoft (MSFT) to integrate AI agents into telecom networks. The collaboration aims to speed up data processing for AI applications, with early deployments targeting autonomous network assurance, geo-experience analysis, and predictive maintenance. Nokia's stock has gained nearly 70% in 2026, and analysts expect Q3 earnings of 8 cents per share on revenue of $5.81 billion.