Bloom Energy Corp (BE) shares soared 6.28% during Monday's trading session, extending a strong pre-market surge as investors responded to a series of positive catalysts ahead of the company's upcoming quarterly earnings report.

The rally was fueled by multiple major developments. Brookfield and Bloom Energy announced a significant expansion of their AI infrastructure partnership, scaling it to $25 billion—a fivefold increase in construction and financing aimed at rapidly powering AI infrastructure. Additionally, the Industrial Development Fund and Oaktree Capital unveiled a $1.7 billion investment in Bloom Energy's fuel cell technology to support the expansion of Nebius AI infrastructure. These announcements reinforced investor confidence in the company's growing role in the AI energy ecosystem.

Institutional sentiment also provided strong tailwinds. UBS maintained a Buy rating with a $350 price target, while RBC Capital Markets noted that short-seller critiques relied on outdated reference material, further supporting bullish sentiment. The stock also benefited from pre-earnings positioning, with the company scheduled to report quarterly results after market close on Tuesday.