On July 1, Bloom Energy rose 5.41% in after-hours trading, trading at $323.02 USD/share, with turnover of $70.16 million, extending its multi-session rebound from the Russell Index reconstitution selloff.

The rally is driven by both technical recovery momentum and a significant fundamental catalyst. Brookfield and Bloom Energy announced an expansion of their AI infrastructure partnership to $25 billion in total scale — a fivefold increase from the prior commitment — aimed at delivering timely, reliable power to rapidly growing AI infrastructure. This builds on Bloom Energy's previously secured contracts with Brookfield and American Electric Power totaling over $5 billion.

The stock had plunged 18.49% on June 26 when approximately $12 trillion in passive funds tracking the Russell indices executed rebalancing trades, compounded by quarter-end pension fund reallocations. With that extreme selling pressure fully absorbed, the stock has staged a sustained recovery. Bloom Energy's positioning as a core on-site power provider for AI data centers — deploying solid-oxide fuel cell systems — continues to underpin investor confidence in the company's long-term growth trajectory.

(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.)