Nokia, Ericsson Shares Rise After U.S. Floats Investment Idea to Counter Huawei

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Shares in Ericsson and Nokia rose after the Trump administration floated the idea that the U.S. could buy a stake in either of the telecom-equipment manufacturers

STOCKHOLM—Shares in Ericsson AB and Nokia Corp. rose Friday after the Trump administration floated the idea that the U.S. could buy a stake in either of the telecom-equipment manufacturers—a sign that investors at least are taking the gambit seriously.

U.S. Attorney General William Barr told an audience in Washington on Thursday the U.S. and its allies should consider taking a controlling financial interest in the two Nordic companies, as a way of countering the dominance of China’s Huawei Technologies Co. in the market for...

 

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It is quite possible that Huawei, with capital from the Chinese state, will buy the majority stake in Ericsson and Nokia. It would be fully in line with China's globalization strategy 'The New Silk Road'. Everything else is naive to believe.

Wait...WHAT?!? When I look up the definition of 'Socialism' I get 'government ownership of...' Uh-oh, does Cult45 know this? 🃏😏

Insider trading. The us buying stock?

I like Nokia.

TARP, GM, O-Care and now Ericsson/Nokia. This, on top of interventionist and protectionist trade policies. The myth of a free economy has been thoroughly slaughtered and debunked.

Nokia? Ok then.

maddow Someobe should investigate who in the Trump admin has shares in these companies.

I wonder how many people bought ahead of Barr’s announcement.

Yup once again the party of smaller government promotes individual companies the crooks are operating out in the open

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