On November 9, Bloom Energy Corp rose 3.11% in Pre-Market Trading, trading at $178.01/share, with turnover of $38.65 million.
The move appears tied to continued market digestion of Bloom Energy Corp's previously announced agreement with NTT DATA to deploy 900 megawatts of on-site fuel cell generation across multiple global data center projects.
The deal was described as the company's largest international project to date, with initial shipments scheduled to begin in 2027. The companies also said the partnership could expand across NTT DATA's global data center asset portfolio, with a longer-term objective of reaching gigawatt scale. Bloom Energy Corp has said its on-site power solution can help data centers shorten energization timelines as AI demand expands into edge and inference workloads.
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