Why Bloom Energy Surged Today
BEBloom Energy(BE) fool.com·2024-05-22 03:13

Investors may be coming around to appreciate Bloom's role powering AI data centers. Shares of fuel cell manufacturer Bloom Energy (BE 15.94%) were on the rise today, up 10.1% as of 1 p.m. ET. There wasn't too much company-specific news today. However, Bloom was highlighted as a top pick in the past weekend's edition of Barron's Magazine as a stock poised to benefit from increasing energy demand resulting from the AI data center buildout. Now potentially regarded as an esteemed "AI beneficiary," Bloom's stoc ...