Nokia Q3: Stock Plunges 15% Despite Strong AI/Cloud Growth, Margin Expansion

Nokia's Q3 results triggered a 15% stock drop to $7.88, despite operating profit up 35% and network infrastructure margins improving from 7.7% to 10%. The market likely focused on weaker guidance or other negatives, while AI/cloud sales more than doubled, indicating a strategic pivot. The divergence between strong operational metrics and stock selloff suggests investor concerns about future growth sustainability or broader sector headwinds.

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