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Nokia, Ericsson shares slide as quarterly sales slow, Telecom News, ET Telecom - Vimarsana News

Nokia, Ericsson shares slide as quarterly sales slow, Telecom News, ET Telecom

Fears of an impending recession have forced telecoms businesses to cut budgets and hold off on device upgrades and digitalisation plans, slowing plans at firms such as Nokia and Ericsson to expand 5G networks and broadband connections.

Nokia cuts annual outlook, rival Ericsson delivers 'lukewarm' results - Vimarsana News

Nokia cuts annual outlook, rival Ericsson delivers 'lukewarm' results

Nokia reported preliminary second-quarter sales of 5.7 billion euros ($6.4 billion), less than the estimates from analysts.

Ripple notches landmark win in SEC case over XRP cryptocurrency - Vimarsana News

Ripple notches landmark win in SEC case over XRP cryptocurrency

Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, delivering a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring.

Ripple Labs notches landmark win in SEC case over XRP cryptocurrency - Vimarsana News

Ripple Labs notches landmark win in SEC case over XRP cryptocurrency

By Jody Godoy (Reuters) -Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on ...

U.S. airline stock valuations stuck on runway despite travel boom - Vimarsana News

U.S. airline stock valuations stuck on runway despite travel boom

U.S. airline shares have suffered because of bearish sentiment about the broader economy as interest rates are up sharply and inflation remains high, analysts say