Bloom Energy: Clean Power for the AI Revolution – Morgan Stanley Doubles Price Target to $85
Reading Time: 3 minutes
Bloom Energy (BE) is one of the strongest stocks in recent weeks. The company announced a partnership with Oracle (ORCL) in July to equip selected Oracle Cloud Infrastructure (OCI) data centers in the USA with innovative fuel cells. The goal is to provide reliable, clean, and cost-effective power on-site within just 90 days to meet the rapidly growing demand for AI and cloud services. Bloom's fuel cell technology supports Oracle's growth strategy by reliably powering large, energy-hungry AI workloads while being environmentally friendly. The systems...
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