The S&P 500 Effect: Can Bloom Energy's AI Fueled Rally Endure? The news of Bloom Energy joining the S&P 500 has sent shockwaves through the market, pushing its stock price up by over 150% since January.
This meteoric rise is largely attributed to the company's growing role in providing power solutions for the booming AI data center industry. Bloom's partnership with Oracle will see the hyperscaler receive up to 2.
8 GW of fuel cell capacity from the company, highlighting the value of Bloom's technology in meeting the power needs of data centers.