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Why Bloom Energy Stock Bounced 8% Higher Today

TheMotleyFool 
0 0 21.05.26
Why Bloom Energy Stock Bounced 8% Higher Today: https://g.foolcdn.com/editorial/images/871151/person-in-a-data-center-using-a-tablet-computer.jpg
 

Fuel cell company Bloom Energy (NYSE: BE) was a star in its niche with investors on Wednesday. The company's shares zoomed 8% higher during the day's trading, thanks largely to a new partnership with a prominent name in the artificial intelligence (AI) cloud services space.

That partner is Nebius Group (NASDAQ: NBIS), which announced the tie-up in a press release. It and Bloom will deploy the latter company's fuel cell solutions in Nebius's build-out of AI infrastructure.

Image source: Getty Images.

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Source Fool.com

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