Bloom Energy (BE) jumps 37% with new deals with AI companies

Recently released 10 stocks surprise Wall Street with double digit profits. Bloom Energy Corporation (NYSE:BE) is one of the biggest performers these days.

Bloom Energy’s share price rose 37.41% last week, rising at $34.34 against $24.99 as investors sentiment was imposed by relocating the portfolio ahead of revenue releases due to newly bagged deals with AI infrastructure companies.

In a statement last week, Bloom Energy Corporation (NYSE:BE) said it had signed an agreement with Oracle Corporation to deploy fuel cell technology to the latter Select Cloud Infrastructure Centers.

Bloom Energy Corporation (NYSE:BE) said it will begin offering the technology within 90 days.

“Customers look to run AI workloads and new AI applications on Peak Performance. Bloom’s fuel cell technology joins OCI’s extensive energy portfolio to further support cutting-edge AI infrastructure.

Meanwhile, Bloom Energy Corporation (NYSE:BE) is scheduled to release its second quarter revenue performance results after the market closes on Thursday, July 31st.

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