SES AI (SES) Sheds 6% on Profit-Taking

SES AI dropped its stock prices for a 3rd time connected Tuesday, losing 6.28 percent to adjacent astatine $1.79 apiece arsenic investors continued to instrumentality profits from the caller Christmas rush.

Last Monday, SES AI Corporation (NYSE:SES) presented astatine the 5^th annual Battery World, wherever it unveiled its latest mentation of Molecular Universe (MU-1.5) and details connected its caller features, trained connected the Company’s proprietary molecular databases and domain knowledge.

In different news, SES AI Corporation (NYSE:SES) besides announced plans to collaborate with Top Material to boost compartment manufacturing capableness successful Korea for drones and municipality aerial mobility (UAM) applications, with a definitive statement expected to beryllium signed successful the archetypal 4th of 2026.

SES AI Corporation (NYSE:SES) said that the concern aims to enactment a robust, secure, and cost-efficient artillery proviso concatenation for its drone customers, arsenic good laic the instauration for compliance with the US National Defense Authorization Act.

“We person operated our Chungju, South Korea, installation since 2021 and person worked intimately with Top Material connected aggregate programs implicit the past respective years. They are a trusted and proven spouse to assistance america arsenic we proceed to standard our manufacturing capableness to enactment increasing request crossed drones and precocious mobility applications,” said CEO Qichao Hu.

While we admit the imaginable of SES arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.