On July 21, Nokia rose 3.08% overnight, trading at $10.36/share, with turnover of $4.6947 million. The rebound came after Nokia had accumulated a decline of approximately 19.5% over the prior week, with the broader communication equipment sector showing signs of a collective recovery.

On the news front, Nokia and NVIDIA jointly launched the industry's first commercial AI-RAN platform on July 15, which has demonstrated over 20% spectral efficiency gains, targeting 50% by 2027 and exceeding 100% by 2028. The platform will enter pilot deployments later this year and become commercially available in 2027 through a subscription-based software model that enables network upgrades without hardware refreshes, supporting 4G, 5G, and future 6G networks. Market recognition of Nokia's medium-to-long-term growth narrative appears to be recovering.

Additionally, Nokia is scheduled to release its Q2 earnings on July 23, with consensus EPS expected at $0.07, continuing the year-over-year improvement trend from the prior quarter's $0.06 adjusted EPS.

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