Coin World News: Bloom Energy (BE), a leader in fuel cells, surged 17.88% in a single day due to a major Oracle order and AI power demand, currently trading at $325.63, with a year-to-date gain of approximately 280%.
Oracle will expand its master service agreement with Bloom Energy to up to 2.8 gigawatts of solid oxide fuel cells, with an initial 1.2 gigawatts already contracted, with deployment continuing through 2027.
The company reported Q1 revenue up 130% year-over-year to approximately $751 million, net profit of approximately $70.65 million, non-GAAP EPS of $0.44, far exceeding the expected $0.13, and raised its full-year revenue guidance to $3.4–$3.8 billion.
Oracle will expand its master service agreement with Bloom Energy to up to 2.8 gigawatts of solid oxide fuel cells, with an initial 1.2 gigawatts already contracted, with deployment continuing through 2027.
The company reported Q1 revenue up 130% year-over-year to approximately $751 million, net profit of approximately $70.65 million, non-GAAP EPS of $0.44, far exceeding the expected $0.13, and raised its full-year revenue guidance to $3.4–$3.8 billion.

