BE Stock Clocked Best Single-Day Gain Since July As CoreWeave Flags AI’s Power Crunch – But Retail Traders Warn Of A 'Fast Fix'

Résumé détaillé

Bloom Energy’s stock jumped nearly 13% at close on Wednesday after CoreWeave’s results put the spotlight on growing power demand for AI companies.

Shares of Bloom Energy Corp. (BE) slumped more than 2% in overnight trading late Wednesday after posting its best single-day gain since late July.

BE stock jumped nearly 13% at close on Wednesday after CoreWeave Inc.'s (CRWV) results put the spotlight on growing power demand for AI companies.

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However, retail traders are not buying the jump up, with sentiment on Stocktwits turning from 'neutral' to 'bearish' over 24 hours on the stock which has already jumped about 141% this year.

In its latest earnings call, CoreWeave CEO Michael Intrator said that the company already has 1.7 gigawatts of active power and is targeting 1.85 GW of active power by the end of the year.

According to a report from Barron's, Evercore analysts believe that Bloom Energy and other power companies could stand to benefit from CoreWeave's optimism and comments around AI power demand.

"CoreWeave's pricing comments suggest demand continues to outpace available supply, supporting our view that speed and certainty to power will remain differentiators for the foreseeable future," the analysts reportedly said.

Apart from BE, Evercore also sees optimism for Quanta Services (PWR), American Electric Power (AEP), Constellation Energy (CEG) and Talen Energy (TLN).

Despite the Wall Street optimism and the rising share price of Bloom Energy, retail investors are on the fence about the company's long-term prospects.

Début de l'article, extrait de Yahoo Finance. Pour lire la suite, ouvrez l'article chez le média.