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Why Bloom Energy Stock Surged Today

TheMotleyFool

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Why Bloom Energy Stock Surged TodayPhoto, wide shot, wide-angle lens, Coal company, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/0e838f13-fa33-4583-92e9-bf3375dacf70.png

Shares of Bloom Energy (NYSE: BE) leaped on Tuesday after the fuel cell maker expanded its artificial intelligence (AI) infrastructure partnership with (NYSE: ORCL).

Image source: Getty Images.

Bloom will supply Oracle with an initial 1.2 gigawatts (GWs) of capacity. The energy supplier's fuel cells will help to power Oracle's cloud data centers in the U.S. Oracle plans to eventually purchase up to 2.8 GWs of Bloom's systems.

Source Fool.com