Article

Bloom Energy has experienced significant stock growth, recently reaching a record high following a positive endorsement from Morgan Stanley, which raised its price target from $44 to $85. The company's fuel cell technology offers cleaner electricity from natural gas or hydrogen, catering to the soaring energy demands of data centers, particularly those driven by artificial intelligence. Bloom’s partnership with Oracle further positions it to capitalize on this growth, as Oracle anticipates a 77% surge in cloud infrastructure revenue this fiscal year.