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Wajeeh Khan

Oracle Just Dealt Bloom Energy a Major Blow. What Comes Next for BE Stock.

Bloom Energy Be Oracle New Mexico

Bloom Energy (BE) stock is under pressure on Thursday as investors react to potential operational delays affecting one of its flagship data center power projects. The selloff was triggered following reports that Oracle (ORCL) has issued a force majeure notice on Project Jupiter, its $165 billion New Mexico AI data center campus set to be powered by Bloom Energy’s solid-oxide fuel cells.

Despite today’s decline, Bloom Energy stock is trading about 60% above its recent low.

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One subscription that gives you access to news from hundreds of sites

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