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Several analysts weighed in with fresh takes on its prospects. One researcher went as far as to flag it as one of 11 top stock picks for this upcoming earnings season.
A unit of AEP plans on buying $2.65 billion in fuel cells from Bloom Energy for a new power generation facility. AEP and Bloom Energy announced an agreement in 2024 regarding a potential purchase of up to 1,000 megawatts of fuel cells.
Bloom Energy has been tapped as a potential answer to the data center power needs conundrum. Agreements with Oracle and Brookfield have put the spotlight on Bloom and its fuel cell solutions.
Investors are debating just how much Bloom Energy can benefit from the data center boom. A $5 billion AI infrastructure partnership with Brookfield Asset Management was announced in October.
Bloom Energy (BE) surged +14% on seemingly outdated news regarding a new $600M credit facility. The uptick and volume increase indicate a delayed reaction, but also a possible liquidity grab above the range established the previous week.
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