Movement Alert|Bloom Energy Rises 3.36% in Pre-Market Trading, Wyoming Data Center Project Confirmed Intact and Oracle Raises Cloud Infrastructure Growth Forecast

Market Focus
06/18

On June 18, Bloom Energy rose 3.36% in pre-market trading, trading at $294.5/share, with turnover of $2.4852 million, extending its recent rebound trajectory.

On the news front, the Wyoming Cheyenne 1.8GW data center project that previously triggered a market sell-off has been confirmed as not terminated. Although Crusoe exited the project development due to client concerns, utility company Black Hills has stated it will continue advancing construction with an expected completion in early 2028. The project originally planned to deploy approximately 900MW of Bloom Energy fuel cell systems, corresponding to potential revenue of approximately $2.65 billion. Project continuation means the related order expectations remain intact, with the prior single-day decline of over 9% progressively recovering.

Additionally, Oracle raised its cloud infrastructure business growth forecast to 77%, further reinforcing the AI data center power demand outlook. As Oracle's core SOFC supplier, Bloom Energy's order visibility continues to improve. Within the Heavy Electrical Equipment sector, NuScale Power rose 2.51%, NANO Nuclear Energy rose 3.83%, and GE Vernova rose 1.54%, with the broader sector trending positively.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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