Sweden’s Ericsson saw its stock jump 14% after reporting stronger-than-expected third-quarter results. Revenue climbed 8% year-over-year to $7.2 billion, fueled by demand for 5G infrastructure across North America and Asia. Executives said U.S. component tariffs posed minimal disruption, thanks to diversified sourcing and lean operations. The company’s network division achieved double-digit margin growth, offsetting weak software sales. Analysts described the quarter as a turning point for Ericsson’s recovery trajectory and expect continued stabilization through 2026 as global telecom investment accelerates following renewed spectrum auctions.