The Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America.
Read More Nokia reports 32% drop in profit but sees recovery in 2nd halfTag: shares
Costco Increasing Membership Fees For First Time In 7 Years
Costco announced on Wednesday that it will be raising its membership fees at the start of September, leading to its first price hike since 2017.
Read More Costco Increasing Membership Fees For First Time In 7 YearsGameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestream
GameStop shares slumped 20% on Friday after the video game retailer announced a share sale to raise up to $3 billion even as its quarterly sales declined.
Read More GameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestreamUS sues to break up Live Nation-Ticketmaster
“It is time to break up Live Nation,” said U.S. Attorney General Merrick Garland.
Read More US sues to break up Live Nation-TicketmasterCisco rises as networking equipment demand rebound takes root
The world’s largest networking equipment maker had struggled with sluggish demand as customers adjusted piled up inventory from frenetic buying during the pandemic.
Read More Cisco rises as networking equipment demand rebound takes rootGameStop, AMC drop after two days of sharp rally on ‘Roaring Kitty’ effect
Trading in the retail investor darlings, the most actively traded NYSE stocks, were halted minutes after the market opened.
Read More GameStop, AMC drop after two days of sharp rally on ‘Roaring Kitty’ effect