Bloom Energy Stock Climbs on Falling Oil and Bond Yields
Bloom Energy shares are trading higher Thursday as lower oil prices and bond yields boosted data center infrastructure stocks.
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Bloom Energy shares are trading higher Thursday as lower oil prices and bond yields boosted data center infrastructure stocks.
Plug Power reduced its Q2 net loss to $190.1 million from $228.7 million year-over-year and significantly improved gross margin to -0.9% from -30.7%, driven by pricing gains, cost reductions, and operational efficiency. However, the company remains unprofitable with a net loss of $436.1 million for the first half of 2026. The company continues restructuring efforts to improve profitability and liquidity.
Bloom Energy Corp. (NYSE: BE) stock extended gains Wednesday as traders weighed S&P 500 inclusion and AI infrastructure demand following Monday's sell-off.
Reliance Inc. (RS) shares have surged 33% year-to-date, outperforming its industry, driven by strong demand from data centers, energy infrastructure, and the border wall project. The company has executed strategic acquisitions to expand market reach and returned $3.4 billion to shareholders through buybacks since 2021, while maintaining a strong balance sheet with $235.4 million in cash.
Kronos Worldwide (KRO) shares gained 16.8% over three months, outperforming its industry. The company is benefiting from increased titanium dioxide volumes, market-share gains across all major markets, lower restructuring costs, and improved pricing. Management expects 2026 sales to exceed 2025 levels with continued margin expansion driven by lower-cost inventory and favorable market conditions.
Dan Loeb’s Third Point cut its Carpenter Technology stake by 31% in the second quarter, ahead of leadership changes and insider selling.