J.P. Morgan analysts say Nokia could report third-quarter sales and EBIT slightly ahead of consensus, but the market needs near-term sales upgrades to significantly boost the stock. Concerns persist about Nokia's ability to execute AI and cloud orders due to component shortages. The bank rates Nokia overweight with an 18 euro price target; shares fell 0.2% to 9.14 euros.

A Boston Consulting Group report finds 75% of companies effectively leveraging AI have guidelines on token spending. Non-IT spending on AI was five to six times higher than IT spending among surveyed businesses, while overall AI spending tripled. BCG Managing Director Natasha Taylor says effective AI adoption is a strategic imperative for the whole enterprise.

Jefferies analyst Roger Samuel says Megaport's new contracts support its view as one of Australia's highest-leverage AI-infrastructure exposures. Jefferies lifted its target price 5.8% to 27.50 Australian dollars; shares were down 1.2% at A$20.375. Daiwa analysts say Naura Technology could face component supply constraints near term due to strong demand, raising its target price to 715.00 yuan from 685.00 yuan but downgrading to outperform from buy.