On June 24, Nokia rose 3.11% in after-hours trading, trading at approximately $14.25/share, with turnover of $17.35 million. The stock extended its intraday gains as positive sentiment from a major cloud partnership continued to build.
On the news front, Nokia and Amazon Web Services announced an expanded collaboration to build autonomous network solutions for the AI era. Nokia's Autonomous Networks Architecture platform is expected to launch on AWS later this year, integrating artificial intelligence, automation, digital twin simulation, and network management tools. The platform will leverage Amazon Bedrock and Amazon SageMaker services to help telecom operators achieve operational automation.
This partnership follows closely on the heels of Nokia's collaboration with Google Cloud announced on June 22, which integrates the Gemini AI model into Nokia's Assurance Center platform. Back-to-back deals with two major hyperscalers within days underscore Nokia's accelerating AI infrastructure transformation strategy, reinforcing the company's positioning as a key enabler of intelligent, self-driving telecom networks.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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