Movement Alert|Bloom Energy Rises 3.11% in Regular Trading, Wyoming Data Center Project Confirmed Not Terminated and Oracle Raises Cloud Infrastructure Growth Forecast

Market Focus
Jun 16

On June 16, Bloom Energy rose 3.11% in regular trading, trading at $282.03/share, with turnover of $336 million, extending the recent rebound and recovery trend.

On the news front, the Wyoming Cheyenne 1.8GW data center project that previously triggered market panic has been confirmed not terminated. Although Crusoe withdrew from project development due to client concerns, utility company Black Hills stated it will continue to advance construction, with expected commissioning in early 2028. The project originally planned to incorporate approximately 900MW of Bloom Energy fuel cell systems, corresponding to potential revenue of approximately $2.65 billion, meaning related order expectations remain intact. Additionally, Oracle raised its cloud infrastructure business growth guidance to 77% for the current fiscal year, up from a prior forecast of 70%, further boosting demand visibility for Bloom Energy as a SOFC supplier to Oracle data centers.

Within the Heavy Electrical Equipment sector, X-Energy up 4.67%, NANO Nuclear Energy up 2.25%, GE Vernova up 1.4%, NuScale Power up 1.27%, Forgent Power Solutions down 1.09%, with the sector broadly strengthening.

(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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