🟢 BE is up 4% as it extends rally on major AI data center deal momentum

Bloom Energy is trading about 4% higher in the pre-market, continuing the strong upward trend from last week.

• The key driver for the sustained rally is the recently announced fuel cell capacity agreement with AI infrastructure firm Nebius, reportedly worth up to $2.6 billion. [11, 21, 25]
• This major deal to power AI data centers, announced around May 20, was the primary catalyst for the stock’s sharp rebound and continues to fuel positive investor sentiment. [11, 25]
• Today's price action appears to be an extension of the momentum from this significant company-specific news, rather than new broader market sentiment.