Dennis Rodman would go party in Vegas, take enough cocaine to kill a bear, drink copious amounts of alcohol and them fly back to an nba finals game and lock up Karl Malone.
This guy drinks a glass of wine and can't podcast for 3 days
My two lazy theories on this would be:
1. Religion is trending in tech now, and in a big way post-COVID. Thiel was early and right, again.
2. "Religious attendance" is a social gathering. Ideas like AI probably diffuse much faster in crowds that meet more than once a week.
In August 2024, our analyst @rennyzucker wrote this section of our optics piece “Can You Hear Me Now?” on RAN with Nokia at $4.
In early 2025, Nokia completed its acquisition of Infinera which strengthened its data center optical footprint and is now resulting in favored vendor status for Nvidia’s AI-RAN push.
One must be pretty locked in to talk about this while telecom is in a brutal drawdown, hated by nearly everyone and Nokia has traded sideways for more than a decade.
We still think $NOK has more than 100% upside from here.