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Glonhui April 24｜Nokia (NOK.US) extended its pre-market gains by 5.03% to $10.85; yesterday the stock reached an intraday high of $10.86, marking its highest price in about 16 years since April 2010. It finally closed up 4.77% at $10.33, with a year-to-date rise of more than 60%. In terms of news, Nokia's adjusted operating profit for the first quarter was 281 million euros, up 54% year-on-year, higher than analysts’ average estimate of 244 million euros; adjusted earnings per share were 0.05 euros, beating the market estimate of 0.04 euros. The company still forecasts its adjusted full-year operating profit for 2026 to be between 2 billion and 2.5 billion euros, with the market estimate at 2.3 billion euros. Nokia CEO Justin Hottard stated the company “achieved a good start to the year.” Although the mobile infrastructure division still contributes the majority of sales, the main source of growth is AI and cloud customers. (Glonhui)

Golden Ten Data reported on April 24th that due to the tense situation in the Strait of Hormuz and the deadlock in US-Iran negotiations, European natural gas prices may rise by more than 16% this week, intensifying concerns about long-term supply disruptions. In early trading, the benchmark Dutch TTF front-month contract rose by 1.3% to 45.09 euros per megawatt hour. However, according to analysts from ANZ Bank, Europe is importing large amounts of liquefied natural gas (LNG) to rebuild its inventories, with import volumes above seasonal averages. Meanwhile, increases in production from other regions—such as the restart of Australia’s Wheatstone LNG plant and the commencement of exports from the US GoldenPass LNG project—are helping to ease supply shortages.

According to reports from Iran on the 24th, Iranian Vice President Ismael Saghab Isfahani stated that Iran will respond firmly to any attacks on its energy facilities. Speaking at a rally in Eslamshahr, Isfahani said that if the enemy once again misjudges the situation, Iran's strategy will escalate. Iran's response to any potential attacks will not stop at "an eye for an eye," which is only the first step. "If any Iranian oil well is attacked, we will target the oil fields of the country from whose territory the attack was launched," Isfahani said. He added that Iran is fully prepared to ensure the continued supply of energy, with arrangements in the energy and electricity sectors already in place, and that the public need not worry. (CCTV)