Bloom Energy Corp. (NYSE:BE) saw a 23.04% increase in share prices last week due to potential supply deals with other companies. CEO KR Sridhar hinted at more deals coming after a recent agreement with Oracle Corp. BE plans to double its total capacity to 2 GW by 2026, with over half currently serving data centers.

In Q2, BE reduced net loss by 31% to $42.6 million and increased revenues by 19.5% to $401.2 million compared to the same period last year. While BE shows promise for investment, other AI stocks may offer higher returns with less risk. Check out our free report for more information on the best short-term AI stock.

Read more at Yahoo Finance: Bloom Energy (BE) Jumps 23% on More Supply Deals