On August 17, Bloom Energy Corp rose 3.85% in pre-market trading, trading at $238.65/share, with turnover of $3.44 million. The stock extended its recent rebound momentum on multiple catalysts.

On the earnings front, the company previously reported Q2 single-quarter revenue surpassing $1 billion for the first time, and significantly raised its full-year revenue guidance to $3.9 billion to $4.2 billion. Additionally, Bloom Energy expanded its partnership with a MiTAC Holdings unit to build a fuel cell microgrid at an AI server manufacturing campus in Fremont, California, with on-site power generation supporting current factory operations and future production scaling as demand grows. The distributed power business continues to benefit from AI computing infrastructure expansion.

Within the Heavy Electrical Equipment sector, the overall strong trend persisted, with ERock up 7.63%, X-Energy up 1.74%, and GE Vernova up 1.09%, providing broad sector support for the stock.

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