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Shares of Nokia (NYSE: NOK) surged 9.7% this week, outperforming the S&P 500, which rose 0.7%, and the Nasdaq-100, which gained 2%. This increase followed Nokia’s report of better-than-expected financial results last Thursday. Notably, Nokia announced that Nvidia, a leader in artificial intelligence, is investing $1 billion in the company. This significant stake is expected to enhance Nokia’s growth prospects.
