BE - What's Going On With Bloom Energy's Stock? | Benzinga
Bloom Energy Corporation (NYSE:BE) shares are trading higher Wednesday, and the stock is up more than 30% over the past five days. Here's a look at what's going on.
The Details:
Last week, Bloom announced a collaboration with C3.ai, Inc. (NYSE:AI) to implement AI-based solutions to broaden the scope and precision of Bloom’s product monitoring technology.
Bloom will use the C3 AI Reliability Suite to enhance operations, improve reliability and maximize energy output of its fuel cell servers. AI-based insights will also provide recommendations to Bloom’s remote monitoring teams to improve fuel-cell server performance.
"We are committed to driving innovation, reducing costs, and maximizing the potential of our fuel cell platform to deliver world class solutions to our customers,” said KR Sridhar, CEO of Bloom Energy. “This ...