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Nvidia to Invest $1B in Nokia | Bloomberg Businessweek Daily 10/28/2025

Bloomberg•Tuesday, October 28, 2025 at 8:24:25 PM
PositiveFinancial Markets
Nvidia to Invest $1B in Nokia | Bloomberg Businessweek Daily 10/28/2025
In a significant move, Nvidia has announced a $1 billion equity investment in Nokia, highlighting confidence in the telecommunications sector. This investment comes at a time when the US labor market is facing challenges, as discussed by Deutsche Bank's Chief US Economist Matthew Luzzetti. Additionally, Wayfair's CFO Kate Gulliver shared positive news about the company's earnings, which exceeded expectations. This combination of corporate investments and strong earnings reports reflects a dynamic economic landscape, making it an important topic for investors and industry watchers.
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