Bloom Energy Corporation’s stock (NYSE:BE) had an impressive performance, rising by 22.95% on Thursday to close at $33.06 per share. This surge was fueled by a new deal with Oracle Corporation to power AI data centers in the US. Bloom Energy will begin delivering its fuel cell technology to Oracle within 90 days. Oracle’s EVP, Mahesh Thiagarajan, highlighted the importance of Bloom’s technology in supporting their AI infrastructure. The company is set to announce its second quarter earnings results on July 31. While BE shows promise, some AI stocks may offer higher returns with less risk.

Read more at Yahoo Finance: Bloom Energy (BE) Extends Boost on 4th Day on New Deal with AI Firm