On June 24, Bloom Energy rose 3.11% overnight, trading at $332.05/share, with turnover of $1.7075 million, continuing its recent rebound trajectory following a sharp selloff earlier in the week.

The recovery is supported by multiple catalysts. The previously panic-inducing Wyoming Cheyenne 1.8GW data center project has been confirmed as not terminated, with utility company Black Hills stating it will continue construction with an expected commissioning date in early 2028. The project originally planned to deploy approximately 900MW of Bloom Energy fuel cell systems, representing potential revenue of approximately $2.65 billion. Additionally, the company recently secured large long-term contracts, including a 20-year agreement with Brookfield focused on AI data center infrastructure, further solidifying its position as a core on-site power solution provider for AI data centers.

Oracle's upward revision of its cloud infrastructure business growth forecast to 77% has also reinforced the AI data center power demand outlook, with Bloom Energy benefiting as Oracle's core SOFC supplier with improving order visibility.

(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.)