Why Bloom Energy Stock Surged Thursday - video Dailymotion

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Bloom Energy surged as investors bet on soaring AI-driven power needs and possible Fed rate cuts that would ease financing for its capital-intensive expansion. Lower borrowing costs and hyperscaler partnerships are boosting expectations for large-scale fuel-cell deployments.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Bloom Energy shares rallied as investors focused on soaring AI-driven power demand and

00:08expectations of lower interest rates supporting the company's capital-heavy expansion,

00:13according to Benzinga. The stock is up more than 400% this year,

00:17driven by partnerships with hyperscalers such as Oracle.

00:21Investors expect the Federal Reserve to cut rates next week,

00:24and futures markets assign a nearly 90% probability to that move.

00:28A rate cut would lower borrowing costs tied to Bloom's recent $2.5 billion convertible note

00:34issuance, which the company said is intended as a war chest for rapid manufacturing growth.

00:39Lower rates could make Bloom's fuel cell projects more attractive for data center customers

00:43and strengthen the economics of deploying gigawatt-scale power.

00:47Investors are also pricing in additional rate cuts in 2026,

00:51which could further reduce Bloom's cost of capital as manufacturing ramps up to meet data center demand.

00:56For all things money, visit Benzinga.com.

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