BEZ is trading at $11.36 (+5.77%), consistent with its inverse exposure as Bloom Energy retreats after its sharp August rebound and recent profit-taking.
- Today’s broader risk-off backdrop is pressuring growth-oriented equities as renewed U.S.-Iran fighting lifts oil and inflation concerns.
- Hawkish Federal Reserve signals increased expectations for a rate hike; Bloomberg reported approximately 60% odds of a September hike, up from 34% before the speech.