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Updated 04:15 PM EST
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Nokia's Massive AI Orders Overshadow Soft Guidance — BofA Sees 90% Upside
Nokia received about €2.8 billion ($3.19 billion) worth of AI-related orders in the second quarter.
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Nokia's Massive AI Orders Overshadow Soft Guidance — BofA Sees 90% Upside
Nokia received about €2.8 billion ($3.19 billion) worth of AI-related orders in the second quarter.
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NOK Stock Heads For Best Day In 2 Weeks After Solid Q2: Retail Chases ‘Biggest AI Play Right Now’
Nokia reported a rise in demand for network infrastructure used in artificial intelligence expansion.
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Jumia Shares Jump As Axian Mulls Buyout of E-Commerce Giant: Report
Jumia Technologies is exploring potential acquisition talks with Axian Telecom, which recently raised $600 million.
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Tencent Revenue Tops Forecasts On Gaming Surge, AI Ad Gains As Stock Rallies
Gaming revenue grew 24% year-on-year, driven by the release of titles like ‘Dungeon & Fighter Mobile’ and ‘Delta Force.’
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Jumia Technologies Falls 48% After Fundraise Disclosure But Retail Focuses On Improving Operating Metrics
Jumia Technologies will be issuing over 20.22 million American Depositary Shares turning Wall Street against it. But retail investors believe the firm’s improving metrics and newfound liquidity lays the foundation for better long-term prospects.
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