Siemens Energy focuses on gas-fired power plants
Siemens Energy $ENR (-9,24%) has big plans in the gas-fired power plant sector. The US investment bank Goldman Sachs recently rated the share as a "buy" with a price target of 63 euros. Analyst Ajay Patel sees enormous potential in the gas-fired power plants, which are to be built by the Union and SPD with an impressive output of 20 gigawatts by 2030. In the first quarter of the 2025 financial year, the company already generated over 31% of its sales in the gas sector. These infrastructure projects could not only reduce the valuation gap to GE Vernova, but also boost the share price. On Monday, however, the share price started the day down 9.16% to EUR 50.56, before rising 4.98% to EUR 53.08 the following day. A real up and down that shows how volatile the market can be.
Eutelsat as a Starlink replacement for Ukraine
Eutelsat has positioned itself as a potential Starlink replacement in Ukraine, especially after the US company Maxar blocked access to its satellite images. The EU Commission plans to support Eutelsat in securing satellite communication capacity, which is of great importance for Ukraine. With its OneWeb network, Eutelsat offers a solid European alternative and has already successfully deployed several thousand terminals in Ukraine. On Monday, Eutelsat shares rose 23.69 percent to 7.55 euros in XETRA trading, and the positive trend continued on Tuesday, albeit at a slower pace, with a 0.6 percent increase to 7.51 euros on EURONEXT Paris. An exciting development that shows how important access to communication technologies is in times of crisis.
Asana shares slump after forecast
The US software company Asana $ASAN (-1,9%) surprised investors on Monday with disappointing financial figures for the fourth quarter and the financial year as a whole. Although turnover rose by 10 percent to USD 188.3 million, the forecasts for the coming quarter and the year as a whole fell short of analysts' expectations. The situation was further complicated by the resignation of CEO Dustin Moskovitz, one of the co-founders. This caused uncertainty among investors. In NYSE trading, Asana shares fell dramatically by 22.78 percent to 12.88 US dollars. Moskovitz emphasized that he would support the board in the search for a successor, which may be a ray of hope for some investors. Nevertheless, the question remains as to how the company will develop without his leadership.
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