Nokia Stock Adds 4.4% as Microsoft Fabric Becomes Its Network-Data Layer

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 (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.

B.Riley initiated coverage on Nokia (NYSE:NOK) with a Buy rating and $15 price target, citing 48% upside potential. The firm highlighted Nokia's growth in optical and IP routing segments, driven by AI infrastructure demand. Nokia's Q2 2026 earnings beat profit estimates but missed revenue forecasts. The company also announced AI-RAN trial expansions and plans to close most China sites by year-end.