Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
Trending
Indices
US
Crypto
Forex
Commodities
Futures
SYMBOL
LAST
NET CHG.
%CHG.
HIGH
LOW
- All
- Chatrooms
- Groups
- Friends
Connecting
.
.
.
US
VN
TW
- All
- US Election
- Israel-Palestine Conflict
- Russia-Ukraine Conflict
Search
News
Trending Topics
Daily News
To quickly learn market dynamics and follow market focuses in 15 min.
Remarks of Officials
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Central Bank
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Forex
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Recent Searches
Top Searches
View All
No data
Search
Will the Buyout of Rapid's API Technology Boost Nokia's Stock Growth?
Zacks
Nokia Corporation NOK recently announced that it has completed the acquisition of Rapid’s API technology assets for an undisclosed amount. Rapid’s industry-leading API technology includes the world's largest application programming interface (API) hub, which enables businesses to securely design, test and share APIs within their organization and with external associates. In addition, Rapid’s public API marketplace, boasting an extensive developer base worldwide, allows users to list and monetize their APIs while giving access to a wide array of third-party APIs.
Significance of Network APIs
Network APIs act as bridges through which developers can tap into different functionalities of the telecommunication network, such as location services, latency control, network slicing and bandwidth management. The process streamlines the application development process for developers and enables them to drive innovation without requiring any deep expertise in underlying network infrastructure.
For telecom operators who have heavily invested in building 4G and 5G infrastructure, network APIs allow them to sell the various network capabilities to businesses and developers and create new revenue streams. For instance, operators can sell real-time location data to businesses creating location-based services; it can also monetize the network’s low latency features for video streaming apps.
Will This Buyout Drive NOK Share Performance?
Nokia’s Network as Code platform, launched in 2023, is designed to make network capabilities easily accessible through APIs for developers. Since its introduction, the solution has witnessed healthy market traction from major enterprises worldwide, including Google Cloud, Telefonica, Telecom Argentina, DISH and more.
The integration of Rapid’s industry-leading API technology and R&D unit will strengthen NOK’s Network as Code platform, creating a robust API infrastructure. This advanced API ecosystem will enhance API lifecycle management, allowing operators to control API usage and exposure. It is likely to drive Nokia’s commercial expansion in the network API space.
The telecom industry is looking to unlock new avenues of monetization following massive 5G investments. By expanding the capabilities of its Network as a Code platform, Nokia is aiming to capitalize on these emerging market trends. This strategic buyout will accelerate network API-related product development and empower operators to derive a sustainable return against their 5G investment by engaging the broader global developer community.
NOK’s Stock Price Movement
Shares of Nokia have gained 24.3% over the past year compared with the industry's growth of 43.6%.
NOK’s Zacks Rank and Key Picks
Nokia currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same space are Arista Networks, Inc. ANET, Zillow Group, Inc. ZG and Workday Inc. WDAY.
Arista Networks carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In the last reported quarter, it delivered an earnings surprise of 14.83%. It provides cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100-gigabit Ethernet switches and routers optimized for next-generation data center networks.
Zillow Group carries a Zacks Rank #2 at present. In the last reported quarter, it delivered an earnings surprise of 9.38%. ZG delivered an earnings surprise of 25.47%, on average, in the trailing four quarters.
The company is witnessing solid momentum in rental revenues, driven by growth in multi- and single-family listings, which is a positive factor. Solid growth in the Premier Agent business is driving growth in the Residential segment.
Workday carries a Zacks Rank of 2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.
WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system, making it easier for organizations to provide analytical insights and decision support.
Zacks Investment Research
Risk Warnings and Disclaimers
You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
Copyright © 2024 FastBull Ltd
728 RM B 7/F GEE LOK IND BLDG NO 34 HUNG TO RD KWUN TONG KLN HONG KONG
Risk Disclosure
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.