US Stock Market Move | Nokia Oyj Sponsored ADR (NOK.US) rebounds in pre-market trading, with the stock price rising more than 3%.

On Monday, Nokia Oyj Sponsored ADR (NOK.US) rose more than 3% in premarket trading, reaching $7.16. On the news front, on October 28th, NVIDIA Corporation announced that it would invest $1 billion in Nokia Oyj Sponsored ADR to accelerate AI-RAN innovation and lead the transition from 5G to 6G. NVIDIA Corporation stated that they have established a strategic partnership with Nokia Oyj Sponsored ADR: commercial-grade AI-RAN products enabled by NVIDIA Corporation will be integrated into Nokia Oyj Sponsored ADR RAN product portfolio; Nokia Oyj Sponsored ADR will launch AI-native 5G-A and 6G networks on the NVIDIA Corporation platform. On that day, Nokia Oyj Sponsored ADR surged due to this news, but experienced a pullback in the following trading days.