Why Is Bloom Energy Stock Falling on Thursday?
Bloom Energy Corp. (NYSE: BE) stock trades lower Thursday following a surge in the U.S. 10-year Treasury yield, impacting capital-intensive tech suppliers.
Stocks · News reference
Bloom Energy shares are trading lower after reports suggesting that OpenAI's annualized sales are approximately $20 billion less than has been previously communicated, which may lower confidence in the company's plan to supply 2.45 GW of fuel cell power to Oracle's data center serving OpenAI.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Watching Bloom Energy; Hearing Investor Business Daily SwingTrader Sells Stock
UBS Maintains Buy on Bloom Energy, Raises Price Target to $350
UBS analyst Manav Gupta maintains Bloom Energy (NYSE:BE) with a Buy and raises the price target from $325 to $350.