SES shares have fallen 42% since July due to weaker Q2 results, negative free cash flow, and increased leverage, despite maintaining its FY2026 guidance. The company shows strong commercial momentum with €1.2 billion in H1 bookings and a €6.4 billion backlog, supported by improvements in cost execution and solid performance in Government & Defense and Mobility sectors. The key valuation driver remains the C-band monetization, whose discounted future proceeds exceed SES's current share price, reinforcing a Strong Buy rating. Lower investment needs in IRIS and SES's strategic role in European satellite infrastructure further support positive long-term prospects.
SES S.A. shares have dropped 42% since July. For readers following Technology-sector stocks, here is Pluang's market snapshot as of Oct 03, 2026 03:22 WIB: Of 150 priced US Technology stocks, 96 rose and 52 fell. Notable movers include APPN at USD 37.77 with 0% Sell / 100% Buy activity, ASX at USD 47.68 with 30% Sell / 70% Buy, and ACN at USD 199.06 with 65% Sell / 35% Buy.
Centrifuge has introduced three new tokenized funds on the Arc platform, focusing on U.S. Treasuries and credit assets. This move aims to bridge on-chain capital with traditional short-duration fixed-income investments favored by institutional invest...
Pump.fun (PUMP) token experienced a 4.89% price increase within one hour on October 2, reaching $0.005659. However, over the previous 24 hours, the token's price declined by 3.12%. During the hour of the price rise, $10,000 worth of short positions w...
The SUI cryptocurrency surged 6.05% within four hours to $1.20, driven by $190,000 in short position liquidations. Over 24 hours, SUI's price increased 2.29%, reflecting strong buying pressure. Liquidations mainly affected short traders, indicating a...
A director at Joby Aviation sold 62,500 shares worth $380,625 while keeping a large stake. Joby is advancing its electric vertical take-off and landing (eVTOL) aircraft, aiming for passenger flights in Dubai by late 2026 pending FAA approval. Despite...
On October 2, U.S. spot Solana ETFs attracted $1.3 million in net inflows, reversing the previous day's $1.1 million net outflow. The Bitwise Solana Staking ETF (BSOL) was responsible for the entire inflow, while other Solana ETFs like VSOL, FSOL, TS...
