Nokia shares have erased €18.5 billion in equity value since June 3, falling 21.9% as investors question whether Q1’s AI-cloud surge signals a lasting growth cycle or just a fleeting rally; with Q2 results due July 23, the stock is trading as a referendum on AI momentum, not telecom legacy, and faces further downside if AI orders or margins disappoint. The post Nokia Oyj (HEL:NOKIA, NYSE:NOK) slips heading into Q2; AI-optical momentum pressured …
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