Why Bloom Energy Surged Today [Yahoo! Finance]
Bloom Energy Corporation Class A (BE)
Last bloom energy corporation class a earnings: 11/7 04:26 pm
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Source: Yahoo! Finance
There wasn't too much company-specific news today. However, Bloom was highlighted as a top pick in the past weekend's edition of Barron's Magazine as a stock poised to benefit from increasing energy demand resulting from the AI data center buildout. Now potentially regarded as an esteemed "AI beneficiary," Bloom's stock is rising days after the article and one day before AI chip juggernaut Nvidia 's earnings report tomorrow. Bloom's innovative fuel cell tech can help fix the missing energy problem In last weekend's Barron's , Stephen Byrd, the head of clean technology research at Morgan Stanley , highlighted Bloom as one of his top five energy stocks to benefit from the AI data center buildout. The Barron's roundtable was focused on the increased demands for electricity from energy-hungry AI data centers. As a result, electricity demand in the U.S. is expected to accelerate from flattish, which it has been over the past few decades, to around 2% growth, given the needs of AI
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News
- Gary Pinkus, Chairman of McKinsey & Company in North America, Joins Bloom Energy's Board of Directors [Yahoo! Finance]Yahoo! Finance
- Gary Pinkus, Chairman of McKinsey & Company in North America, Joins Bloom Energy’s Board of DirectorsBusiness Wire
- Bloom Energy Co. (NYSE: BE) had its price target raised by analysts at Royal Bank of Canada from $14.00 to $15.00. They now have an "outperform" rating on the stock.MarketBeat
- Bloom Energy (BE) Outpaces Stock Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Shareholders in Bloom Energy (NYSE:BE) have lost 42%, as stock drops 9.1% this past week [Yahoo! Finance]Yahoo! Finance
BE
Earnings
- 5/9/24 - Miss
BE
Sec Filings
- 6/12/24 - Form 8-K
- 5/30/24 - Form SD
- 5/29/24 - Form 8-K
- BE's page on the SEC website