Why Bloom Energy Surged Today

Investors may be coming around to appreciate Bloom's role powering AI data centers. Bloom may not seem like a star grower; last quarter, revenue actually declined by 14.5%, and the company had an adjusted (non-GAAP) operating loss of $30.7 million. There wasn't too much company-specific news today. However, Bloom was highlighted as a top pick in the past weekend's edition of Barron's Magazine as a stock poised to benefit from increasing energy demand resulting from the AI data center buildout. Shares of fue ...