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AI stocks led the market Wednesday, fueled by Nebius, Lumentum, CoreWeave and Super Micro. Cisco and Coherent were earnings movers late.
The major indexes fell and AI stocks dived through midweek, partly on soaring oil and yields, but Microsoft and Amazon provided support.
Bloom Energy posted blowout second-quarter results.
Analysts have set a high bar for Bloom Energy earnings. Bloom Energy has plunged on a short-seller's report and overall AI sell-off.
Bloom Energy saw its share price climb by 14.82 percent on Tuesday to end at $226.26 apiece, as investors cheered an investment firm’s sharp price target upgrade and looked ahead to its upcoming earnings report. 29.6% Price Target Hike In a market note, JPMorgan raised its price target for Bloom Energy Corp. (NYSE:BE) by 29.6 […]
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