Nvidia investing $1B in Nokia, Trump admin. inks nuclear deal
October 28, 2025
Yahoo Finance anchor Julie Hyman tracks Tuesday’s top moving stocks and biggest market stories in this Market Minute.
Nvidia (NVDA) is investing $1 billion in Nokia (NOK) and providing chips to the company for its 5G software.
Westinghouse Electric, owned by Cameco (CCJ) and Brookfield (BAM), is partnering with the Trump administration to build nuclear reactors.
Regeneron (REGN) stock is rising after the company’s third quarter earnings results topped Wall Street’s estimates.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance’s Market Minute.
00:03 Speaker A
It’s time for Yahoo Finance’s Market Minute. All three major averages are eyeing fresh record highs yet again, as investors digest a rush of earnings and big AI deals. NVIDIA is making a $1 billion investment into Nokia as the mobile phone and networking pioneer makes the pivot to networking products for AI and data centers. NVIDIA will take a nearly 3% stake in Nokia and provide chips to help build the company’s 5G and 6G software. Nokia shares soaring on that news.
00:31 Speaker A
Westinghouse Electric is teaming up with the Trump administration in an $80 billion deal to build new nuclear reactors. The companies that own Westinghouse, uranium producer Cameco and Brookfield Asset Management, are rising on that news. This all comes as the US aims to meet rising demand for electricity from AI.
00:50 Speaker A
And shares of biotech company Regeneron rising as strong demand for its anti-inflammatory drug pushed third quarter revenue and profit past Wall Street’s expectations. And that is your Yahoo Finance market minute.
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