Nokia Stock Is Dropping. Trump Tariffs Will Hit Earnings, CEO Says. - Barron's
1. Nokia's stock fell 7.8% after disappointing quarterly results. 2. Quarterly EPS was 0.03 euros, below the expected 0.04 euros. 3. CEO flagged a potential EUR 20-30 million profit impact from tariffs. 4. Tariffs on EU goods could rise to 20%, affecting future profits. 5. Rival Ericsson reported strong earnings, suggesting competitive pressures.