Tag: Telecommunications Equipment

Nokia earnings were surprisingly good and the stock is soaring

Nokia stock surged 16% in premarket trading, after the telecom group’s earnings surprised on the upside, driven by 5G growth. The Finnish company unveiled a new strategy to streamline into four business groups in October, with new Chief Executive Pekka Lundmark promising to do “whatever it takes” to lead in the 5G space, having fallen […]

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Opinion: How deficit spending could hand Congress to the Republicans

President Joe Biden’s $1.9 trillion American Recovery Act scored 75% public approval, and it is full of goodies for reliable Democratic constituencies—money for state budgets, union pensions, universities, and the like—often having little to do with the pandemic. Now his infrastructure package is full of spending having little to do with rebuilding America’s roads, bridges […]

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