Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlook

Finnish telecommunications equipment maker Nokia said that demand for its AI and cloud services drove sales higher in the second quarter, but restructuring charges ate into earnings. "In the second quarter, our AI and cloud order intake was 2.8 billion euros while sales more…

Nokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence and cloud customers fueled this positive financial performance. The company's sales to AI and cloud clients doubled, securing substantial…