Nokia Explores Deal for US Networking Company Infinera

Bloomberg
Nokia Bets on AI Data Center Boom in $2.3 Billion Infinera Deal
(Bloomberg) -- Nokia Oyj has agreed to buy Infinera Corp. in a $2.3 billion deal that will expand the company’s networking products for data centers and increase its presence in the US, a potentially key source of growth as the boom in artificial intelligence drives demand for server capacity. Most Read from BloombergBiden's Defiance Has Democrats Fearing They'll Lose White HouseGavin Newsom Is Ready for the Biden EmergencyBiden Asks Donors to Stick With Him After Disastrous DebateChinese Golf C
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How to shield your savings from a Labour tax raid
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2 cheap FTSE 100 shares I’ll avoid like the plague in July!
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Fortune
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The Telegraph
What to do now to shield your money from Labour taxes
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The Netherlands stung savers with 100 per cent tax rates – and now owes them billions
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Fool.co.uk
I’d buy these 3 cheap shares to try and build a £590 monthly second income
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£17,800 in savings? I’d buy UK shares to try and retire early
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The Aviva dividend yield is 7%. I think it could reach 8% — or even 9%!
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Reuters
Nokia taps AI boom with $2.3 billion Infinera purchase
Nokia's bid to buy US optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence. The deal would help Nokia to leapfrog Ciena and become the second largest vendor in the optical networking market with a 20% share, behind Huawei, which is benefiting from the minimal presence of Western companies in China. Nokia's move will allow the company to sell more equipment to big tech companies such as Amazon, Alphabet and Microsoft as they invest billions of dollars in building new data centres to service the artificial intelligence boom.
Insider Monkey
Salesforce, Inc. (CRM): Is It One of the Best Cloud Computing Stocks to Buy Now?
We recently compiled a list of the 10 Best Cloud Computing Stocks to Buy Now. In this article, we are going to take a look at where Salesforce, Inc. (NYSE:CRM) stands against the other cloud computing stocks. You can also check out the 10 Best Artificial Intelligence Stocks to Buy Under $10 here. Cloud computing […]
Investing.com
How long will central bank buying of gold last?
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Associated Press Finance
Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death
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Sky News
Nationwide customers face salary payment delays - as HSBC, Barclays and Virgin Money users hit by banking glitches
Nationwide, HSBC, Barclays and Virgin Money customers have been affected by problems with banking services, leaving some unable to send and receive money. HSBC UK said there had been a "separate payments issue affecting multiple banks", and Nationwide blamed a "third-party payments issue". Barclays also alerted customers, while Virgin Money said access to its app has been fully restored after issues in the morning - but there is a backlog of payments to process.

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Nokia Explores Deal for US Networking Company Infinera

Latest stories

Nokia Bets on AI Data Center Boom in $2.3 Billion Infinera Deal

Can Asda’s new ‘cut-throat’ owners succeed where the Issa brothers failed?

Get ready for a stock market correction, says the Bank of England

How to shield your savings from a Labour tax raid

2 cheap FTSE 100 shares I’ll avoid like the plague in July!

3 stocks that Fools have recently sold

Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says

What to do now to shield your money from Labour taxes

The Netherlands stung savers with 100 per cent tax rates – and now owes them billions

I’d buy these 3 cheap shares to try and build a £590 monthly second income

This penny share just fell 20%. Time to load up?

What’s the best FTSE 100 stock to buy now the general election is almost behind us?

£17,800 in savings? I’d buy UK shares to try and retire early

The Diageo share price keeps falling – time to buy more?

The Aviva dividend yield is 7%. I think it could reach 8% — or even 9%!

Nokia taps AI boom with $2.3 billion Infinera purchase

Salesforce, Inc. (CRM): Is It One of the Best Cloud Computing Stocks to Buy Now?

How long will central bank buying of gold last?

Warren Buffett donates again to the Gates Foundation but will cut the charity off after his death

Nationwide customers face salary payment delays - as HSBC, Barclays and Virgin Money users hit by banking glitches