US Stock Movement | Nokia rebounds before the market opens, with stock price rising over 3%
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On Monday, Nokia rose more than 3% in pre-market trading, reaching $7.16. In terms of news, on October 28, NVIDIA announced that the company would invest $1 billion in Nokia to accelerate AI-RAN innovation and lead the transition from 5G to 6G. NVIDIA stated in a press release that it has established a strategic partnership with Nokia: NVIDIA-powered commercial-grade AI-RAN products will be integrated into Nokia's RAN product portfolio; Nokia will launch AI-native 5G-A and 6G networks on NVIDIA's platform. On that day, Nokia surged due to the news, followed by a pullback in the subsequent trading days
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