Advertisement
Canada markets close in 2 hours 37 minutes

  • S&P/TSX

    21,997.95
    +112.57 (+0.51%)
     

  • S&P 500

    5,112.39
    +63.97 (+1.27%)
     

  • DOW

    38,311.25
    +225.45 (+0.59%)
     

  • CAD/USD

    0.7317
    -0.0006 (-0.09%)
     

  • CRUDE OIL

    83.88
    +0.31 (+0.37%)
     

  • Bitcoin CAD

    87,174.05
    -1,009.20 (-1.14%)
     

  • CMC Crypto 200

    1,323.73
    -72.81 (-5.21%)
     

  • GOLD FUTURES

    2,349.20
    +6.70 (+0.29%)
     

  • RUSSELL 2000

    2,003.54
    +22.43 (+1.13%)
     

  • 10-Yr Bond

    4.6710
    -0.0350 (-0.74%)
     

  • NASDAQ

    15,968.10
    +356.34 (+2.28%)
     

  • VOLATILITY

    15.04
    -0.33 (-2.15%)
     

  • FTSE

    8,139.83
    +60.97 (+0.75%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6837
    +0.0016 (+0.23%)
     
MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Latest stubborn U.S. inflation reading will bring about more 'wait and see' from the Fed

Will Nokia’s $3.5 Billion 5G Contract Quiet the Skeptics?

Rachel Gunter
Updated
Will Nokia’s $3.5 Billion 5G Contract Quiet the Skeptics?

Nokia (NOK) recently inked an agreement to provide 5G (fifth-generation) solutions for T-Mobile’s (TMUS) nationwide 5G network. The deal, valued at $3.5 billion, is Nokia’s largest 5G contract so far. Nokia announced the landmark T-Mobile 5G contract less than a week after it reported its second-quarter results, which continued to show weakness in its core Networks segment, sparking a sell-off in the stock as investors appeared to lose patience with the segment’s turnaround efforts.

Continue reading