Neutral
Nokia re-enters Euro Stoxx 50; Volkswagen exits after 28 years
In the latest Euro Stoxx 50 index review, Finnish telecom equipment maker Nokia is set to rejoin the index, while German automaker Volkswagen will be removed after 28 years. Nokia's return is attributed to a significant surge in AI and cloud infrastructure revenue, with a 105% year-over-year increase in the second quarter of 2026. Volkswagen's removal follows a nearly 27% drop in shares this year, amid intensified competition and ongoing restructuring efforts.
Key points
- Nokia's reinstatement to the Euro Stoxx 50 is driven by a 105% surge in AI and cloud infrastructure revenue in Q2 2026.
- Volkswagen's removal from the index follows a nearly 27% decline in shares this year, amid intensified competition and restructuring.
- The index changes, effective before September 21, also include French utility Engie joining and Dutch information-services firm Wolters Kluwer exiting.
Sources
- Volkswagen’s 28-Year Euro Stoxx 50 Tenure Ends as Nokia Returns on AI Infrastructure RevenueTech Times · September 2, 2026
- Nokia set to rejoin Euro Stoxx 50, Volkswagen droppedReuters · September 2, 2026
- Nokia keert terug in Euro Stoxx 50, Volkswagen valt buiten de bootMarketScreener België · September 2, 2026
AI-generated from public news sources. Not financial advice.
