NOK misses second-quarter estimates as Mobile Networks drag earnings, despite gains in Network Infrastructure and Cloud Services.

Nokia attributed its infrastructure success to its optical networks performance, which included a full quarter of financials from the recent acquisition of Infinera, the optical networking firm Nokia bought for $2.3 billion in March of this year.

Nokia’s Network Infrastructure unit overtook Mobile Networks in Q2, reflecting a shift toward AI demand. Enterprise sales hit records; traditional telco sales declined.

As HMD and Nokia's brand licensing deal slowly draws to an end, it looks like Nokia is soliciting new brand licensees.

The telecom-equipment company’s stock had already sold off following Ericsson results last week, which were impacted by similar currency and tariff headwinds.

Nokia's ( NYSE: NOK) President and CEO Justin Hotard expects the second half of 2025 to be stronger than the first half, two days after the company issued a profit warning due to a weaker U.S. dollar and tariffs. Shares of Nokia fell about 1% premarket on Thursday after Q2 results missed estimates.

The proposed class action ERISA lawsuit centers on two poorly performing funds offered by the $9 billion 401(k) plan covering more than 27,000 current and former employees of the giant telecommunications equipment maker.

The telecom-equipment company’s stock had already sold off following Ericsson results last week, which were impacted by similar currency and tariff headwinds.

Nokia share price crashed and is about to form a death cross as its business trajectory worsened. What next as the death cross nears?