Nokia stock surges after Q3 profit beat estimates as AI, cloud demand boost optical sales

Core Insights - Shares of Nokia increased approximately 8% in premarket trading following the announcement of third quarter adjusted profit that exceeded analyst expectations, driven by strong demand for AI and cloud services which positively impacted Optical Networks sales [5] Financial Performance - Nokia's third quarter adjusted operating profit decreased by 10% year-over-year, amounting to €435 million [5]