Nokia Oyj's stock experienced a significant 5.06% decline during the night session, extending a pattern of recent weakness. The movement represents a 24-hour plunge for the telecommunications equipment maker.

The downturn follows earlier intraday gains driven by news of an expanded partnership with Google Cloud to integrate Gemini AI models into Nokia's network software suite. This collaboration, aimed at helping telecom operators automate operations and reduce costs, initially provided a bullish catalyst for the stock.

However, according to market analysis, the positive impact of the Google Cloud partnership was rapidly digested within the trading session. With the stock having reached a peak on June 3rd and previously accumulated bullish factors already priced in, profit-taking pressure resumed in overnight trading as sellers dominated short-term momentum.