nokia got kicked out of the euro stoxx 50 just a year ago after weak demand, tariff pressure and a falling share price.

now it’s coming back.

the stock has more than doubled in a year, helped by nokia’s pivot toward fibre infrastructure for ai data centers.

and the company leaving to make room? volkswagen — down ~27% this year.

markets have a funny way of rewriting the “winners” list. 📈
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