
Eutelsat: Market Cautious After 300% Stock Surge
📈 The markets, which boosted a nearly 300% increase in Eutelsat Communications shares this month, are now cautious about continuing this rally.
🚀 The initial surge was driven by indications of a geopolitical shift and Europe's search for an alternative to Elon Musk's Starlink.
💰 Operators are awaiting clarity on the financial support that the French satellite operator could receive from the European Union.

Eutelsat Stock Soars on EU Defense Spending Plans
🚀 Eutelsat shares surged following the EU's commitment to increase defense spending.
🇪🇺 The EU's increased defense spending is seen as a response to reduced US aid to Ukraine.
🛰️ Eutelsat is positioned as a competitor to Starlink in satellite services.