$NOKBF

Congresswoman Laurel Lee sold Bank of America (BAC) shares for $50,001-$100,000 on August 24, 2026, and bought Nokia (NOKBF) shares for $15,001-$50,000 on September 18, 2026. BAC shares have declined 5% year-to-date, trading at $50.39 with a P/E ratio of 12. Both transactions were reported to the Clerk of the House of Representatives.

Nokia is set to report third-quarter results, with analysts expecting €462m in adjusted operating profit, up from €448m a year earlier. The telecom company specializes in network infrastructure, mobile broadband, software, and advanced technology solutions. Sales are projected at €5.058bn, according to FactSet's consensus.

Bank of America maintains a buy rating on Nokia (target price €16, 90% upside) ahead of Q3 earnings, citing AI-related orders and growth opportunities. The bank expects €2bn+ in AI orders, with €1.6bn in optical networks and €400m in switches. Nokia's valuation is based on 30x EBIT for optical/IP networks and 10x EBIT for other businesses, using 2028 estimates.

Deutsche Bank analysts highlight that semiconductor investing has been influenced by AI monetization concerns and macro factors, leading to a positioning-driven market. They see fundamentals as strong and identify a buying opportunity in European chip stocks, including Infineon, ST Micro, Besi, SUSS, and Nokia, with updated price targets for several.

Nokia and SoftBank will conduct a commercial AI-RAN field trial in Japan in 2027. The trial will use Nokia's anyRAN software and SoftBank's AITRAS platform, with NVIDIA's accelerated computing. This collaboration supports SoftBank's 'Beyond Carrier' strategy and advances Nokia's AI-RAN commercialization roadmap.

Nokia Corporation disclosed a manager's transaction under EU Market Abuse Regulation. Pallavi Mahajan, an other senior manager, received 35,192 shares as a share-based incentive on October 15, 2026. The transaction occurred outside a trading venue, and the unit price was not applicable.

Nokia transferred 2.14 million shares to equity incentive plan participants, reducing its treasury shares to 81.16 million. The move is routine and consistent with prior disclosures, according to AI Analyst.

Nokia Oyj shares may move 8.9% upon its Oct. 22 earnings release, according to options data. The company has exceeded the implied move in 2 of its last 8 earnings announcements. Past moves include a 11.1% drop in July and a 10.0% rise in October 2025.

Cboe Global Markets will extend options trading hours for 24 stocks and 5 ETFs, including AAPL, MSFT, and SPY, from 7:30 a.m. to 9:25 a.m. and 4:00 p.m. to 4:15 p.m. ET, starting Monday. The SEC approved the expansion, which aims to provide more trading flexibility and manage risk. Brokers like Robinhood and TradeStation will offer trading during these sessions.

Nokia is selling its campus 5G business to Aurelius, excluding its drone unit, which is under strategic review. The deal includes the MPW platform, serving 900 customers. Nokia will focus on wide-area private 5G networks. The transaction is expected to close in early 2027, subject to approvals.