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SES-News
SES-Events
Significant Increases in Indicative Borrow Rates for Liquid Options
Latest data shows the largest indicative borrow rate increases among liquid option names include: Defiance Daily Target 2X Long RKLB ETF (RKLX) 22.07% +2.85, MiniMed Group Inc (MMED) 34.27% +1.60, DESTINY TECH100 INC (DXYZ) 1.77% +1.35, SES AI Corp (SES) 28.88% +0.76, TORM plc (TRMD) 1.37% +0.55, Direxion Daily 20 plus Year Treasury Bear 3X Shares (TMV) 45.25% +0.51, FingerMotion (FNGR) 33.32% +0.33, Velo3D Inc (VELO) 4.40% +0.31, Defiance 1.75x MSTR ETF (MSTX) 18.72% +0.24, and Canadian Solar (CSIQ) 1.91% +0.23.
Vail Resorts Borrow Rate Increases to 31.04%
Latest data shows the largest indicative borrow rate increases among liquid option names include: Vail Resorts (MTN) 31.04% +26.78, GraniteShares 2x Long IONQ Daily ETF (IONL) 17.47% +3.47, Ruger (RGR) 9.74% +1.81, SES AI Corp (SES) 51.31% +1.19, Communication Services Select Sector SPDR Fund (XLC) 1.63% +1.11, T-REX 2X LONG MSTR DAILY TARGET (MSTU) 17.45% +0.50, PDS Biotechnology Corp (PDSB) 3.43% +0.49, Aries I Acquisition Corp (RAM) 8.73% +0.28, Rackspace Technology (RXT) 2.06% +0.25, and Direxion Daily 20 plus Year Treasury Bear 3X Shares (TMV) 44.86% +0.24.
SES AI Appoints Paul Diemer to Board of Directors
SES AI Corporation announced it has appointed Paul Diemer to the Company's board of directors. Diemer previously served as Chief Technology Officer for Flex's Power business
SES AI Announces UZ Energy as Sol-Ark Certified Battery Partner
SES AI announced that UZ Energy has become a Sol-Ark certified battery partner and has named US Energy Distributors as the master distributor for UZ Energy's battery products in the United States. With this certification, UZ Energy is positioned to compete for battery sales within an established market from the outset and to capture market share as Sol-Ark installers, distributors, and customers evaluate new certified energy-storage configurations.
SES AI Reports Q2 Revenue of $5.1M, Below Consensus
Reports Q2 revenue $5.1M, consensus $5.39M. Dr. Qichao Hu, Founder and CEO of SES AI, noted, "SES is solving two of the most difficult challenges in energy storage - accelerating product development using AI4Materials and building a robust supply chain to manufacture these products. In the second quarter, we began seeing significant commercial milestones, and we are very excited about the path we are on. For ESS, this is our largest revenue generating unit. We are making great progress especially in the US market, we were selected by Sol-Ark as a certified battery partner, and we brought on Paul Diemer, ex-CTO of Flex Power, to our board to help guide our ESS strategy. We continue to hire a stellar team with backgrounds in leading AI data center total solutions providers to execute on and deliver our exciting ESS growth."
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