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Bloom Energy Jumps 8% as Oracle Reaffirms 2.4 GW Fuel Cell Contract After Force Majeure Notice

Source: 247wallst.com

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Bloom Energy Jumps 8% as Oracle Reaffirms 2.4 GW Fuel Cell Contract After Force Majeure Notice

Oracle continues to stand behind its fuel-cell contract with Bloom Energy, supporting Bloom shares despite reports that Oracle issued a force majeure notice for the related data-center campus. The contract validation is a positive near-term signal for Bloom's demand outlook, though the force majeure development introduces execution and project-timing risk.

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