Ericsson stock (NASDAQ: ERIC) has declined by about 16% year-to-date, considerably underperforming the broader indices.
The Nasdaq is known for its high-flying growth stocks, and with good reason. But there's more to the index than just those aggressive names.
Ericsson ERIC, -12.46% was downgraded to equal-weight from overweight by Barclays, which kept its equal-weight rating on Nokia NOK, -8.51%, following warnings from both on Friday. “We see little rea
Falling demand for telecommunications equipment impacted sales at Nokia and Ericsson, and ADRs of the two companies dropped.
Ericsson's (ERIC) revenues are affected by a sales decline in North America. However, market gains in India, South East Asia and Oceania support the top line.
Ericsson (ERIC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ERIC crossed above the 200-day moving average, suggesting a l
Ericsson AB saw its US-listed stocks tumble on Friday after its second quarter results highlighted sluggish demand in the US. The Swedish mobile network manufacturer said it experienced a “sharp dec

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Interest rate hikes are forcing mobile operators to scale back investment in 5G networks, with equipment manufacturer Ericsson reporting Friday a rare net quarterly loss and Nokia lowering its outlook
Nokia and Ericsson shares fell after both gave disappointing guidance on Friday and flagged a slowdown in North American sales.
Shares of Nokia Oyj and Ericsson AB tumbled on Friday after the mobile device and network equipment rivals dropped a warning and some lackluster results on investors amid struggles with weak North Ame

Ericsson's operating profit down in Q2 results

01:19am, Friday, 14'th Jul 2023
Sweden's Ericsson on Tuesday reported a fall in operating profits for the second quarter of 2023, compared with the previous year.
Ericsson (ERIC) collaborates with MediaTek to showcase record setting uplink speed that will support fixed wireless access users.
The 5G site, which can potentially operate fully on solar energy for up to 24 hours, is a testament to Ericsson's (ERIC) dedication to decarbonizing the mobile network industry.
Ericsson (ERIC) launches on-demand 5G network slicing in Android 14 devices. It will provide greater flexibility to service providers and allow them to better match user-specific network demand.
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