#bloom energy Tech News.
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Bloom Energy stock fell 24% from its peak as AI optimism wanes. The company's fuel cells power AI infrastructure, with revenue surging 130% to $750 million in Q1. Strategic partnerships with Oracle and Brookfield Asset Management support growth, making the dip potentially attractive for investors.
The SpaceX initial public offering is days away, but long-term investors may find a better bet in Bloom Energy. The company, with a market cap over $70 billion, installs electricity-generating systems onsite using solid oxide fuel cells. Its scalable equipment can power AI data centers.
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