A $1. 7 Billion Reason to Buy Bloom Energy Stock Now Bloom Energy Corporation, a California based company specializing in solid oxide fuel cell systems, has secured a massive $1.
70 billion deal to power artificial intelligence cloud infrastructure. The agreement seemed like a major positive development for investors optimistic about clean energy's role in AI data centers.
However, the stock plummeted 13. 64% on July 16 as the market reacted to other news surrounding Bloom Energy. A closer look at the deal reveals that it comes with risks.