Movement Alert|Bloom Energy Rises 3.34% in Regular Trading, Wyoming Data Center Project Confirmed Intact as Oracle Raises Cloud Infrastructure Growth Outlook

Market Focus
Jun 17

On June 17, Bloom Energy rose 3.34% in regular trading, trading at $290.63/share with turnover of $296 million, extending its recent rebound trajectory.

On the news front, the Wyoming Cheyenne 1.8GW data center project that previously triggered a single-day plunge of over 9% has been confirmed as still active. Although Crusoe withdrew from project development due to client concerns, utility company Black Hills has stated it will continue construction with an expected completion 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, 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, the overall sector strengthened. Among individual stocks, NANO Nuclear Energy up 8.08%, Forgent Power Solutions up 4.75%, NuScale Power up 4.3%, GE Vernova up 3.43%, X-Energy up 2.19%.

(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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