$NOK

Nokia Oyj will rejoin the Euro STOXX 50 index, while Volkswagen will be removed. Nokia's shares have more than doubled since 2025, driven by a focus on AI data center equipment. The company reported an 18% increase in Q2 operating profit to €434 million. Nokia is also expanding in Saudi Arabia with a new R&D center. Volkswagen shares have dropped 27% this year due to competition and restructuring.

Volkswagen (VW) faces a crucial vote on September 4 over its restructuring plans, which may include closing four German factories and cutting 100,000 jobs. Meanwhile, VW is being removed from the Euro Stoxx 50 index, effective September 21, and replaced by Nokia. VW's shares have struggled due to restructuring challenges and competition.

European shares fell to a one-month low, with the STOXX 600 down 0.3% due to global bond rout and Middle East tensions. Retailers led losses, while energy prices rose, adding to inflation concerns. Deutsche Bank rose 2.2% after a Goldman Sachs upgrade, while Societe Generale fell 1.2% after a downgrade. Nokia gained 1.7% on inclusion in the Euro STOXX 50.

Nokia Oyj will rejoin the Euro STOXX 50 index on September 21, while Volkswagen will be removed. Nokia's shares have more than doubled in a year, while Volkswagen's have dropped 27% in 2023. Engie will also join the index, and Wolters Kluwer will be removed. Changes follow STOXX's annual review.

Nvidia's latest 13F filing shows a $63.4B US stock portfolio, with Intel and SpaceX making up 80% of the value. The portfolio's value tripled in three months, despite no changes in positions. Nvidia's investments are primarily in companies within its supply chain, including suppliers and customers, according to the filing.

Former Nokia CTO Marcus Weldon claims Nokia has cut Bell Labs research jobs by half since 2021, from 1,200 to 600. Nokia states Bell Labs is reorganizing for AI-era science. The article discusses the historical impact of Bell Labs and the telecom industry's shift in R&D focus.

Nokia's stock fell 3.59% to $10.21 on Friday, reducing its market cap by $2.2 billion. The company's valuation is 26.2x projected 2026 earnings, with an average analyst price target of $12.85. The decline followed Fed comments on inflation and rising rate forecasts, impacting high-growth tech stocks.

Nokia Oyj (HLSE:NOKIA) is focusing on 5G, AI, and cloud, with recent partnerships and asset divestitures. Its share price has seen volatility, with a 64.01% YTD return. Q2 revenue was €4.815 billion, EPS €0.07. Analysts debate valuation, with some seeing 40.2% undervaluation, others noting a high P/E of 72.3x.

Nokia Corporation's stock (NYSE: NOK) fell 3.5% on August 28, 2026, due to reports of weakening network equipment demand and its planned exit from China. The company is closing most of its sites in mainland China by year-end, citing competitive pressure. Nokia's financials show a high P/E ratio of 75, modest profit margins, and revenue of $19.22B. Traders are concerned about the company's future growth prospects.

Nokia (NOK) is benefiting from its diversified portfolio, investing in 5G and AI infrastructure. AI & Cloud sales doubled YoY to €2.8B. The company is optimizing its portfolio, selling its FWA CPE business. Nokia faces competition from Ericsson (ERIC) and Arista Networks (ANET). NOK shares rose 146.9% YoY, trading at a forward P/S of 2.42.