Movement Alert|Bloom Energy Overnight Rise 3.11%, Wyoming Data Center Project Confirmed Intact and Oracle Cloud Growth Forecast Boosts Order Visibility

Market Focus
Jun 18

On June 18, Bloom Energy rose 3.11% overnight, trading at $293.96/share, with turnover of $2.3942 million, extending its recent rebound trajectory.

On the news front, the Wyoming Cheyenne 1.8GW data center project that previously triggered a sharp sell-off has been confirmed as not terminated. Although Crusoe exited the project development due to client concerns, utility company Black Hills has stated it will continue advancing construction with an expected early 2028 commissioning date. The project originally planned to incorporate approximately 900 megawatts of Bloom Energy fuel cell systems, representing potential revenue of approximately $2.65 billion, meaning related order expectations remain intact.

Additionally, Oracle raised its cloud infrastructure business growth forecast to 77%, further reinforcing the AI data center power demand outlook. As Oracle's core solid oxide fuel cell supplier, Bloom Energy's order visibility continues to improve. The stock has now substantially recovered from its prior single-day decline of over 9% triggered by the initial project suspension news.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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