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Wajeeh Khan

Bloom Energy Just Hit an All-Time High. Should You Chase the Rally Here?

Bloom Energy Bloom Be Roth MKM Roth

Bloom Energy (BE) shares soared on April 29 after the fuel-cell pioneer reported a blockbuster Q1, featuring massive orders from the artificial intelligence (AI) data center industry. 

The company more than doubled its revenue to $751 million in the first quarter, crushing analyst forecast of $531 million. Adjusted earnings came in at $0.44, nearly six times the projected $0.08. 

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