Bloom Energy Shares Rise More Than 1% Overnight After Oracle Reaffirms Project Jupiter Role
Oracle reaffirmed Bloom Energy as the primary power source for a proposed energy service agreement with El Paso Electric for Project Jupiter. Roth Capital also raised its price target on Bloom Energy ahead of Q3 results.
Bloom Energy Corp. (BE) shares rose more than 1% in overnight trading late Tuesday. The move came shortly after Oracle (ORCL) reaffirmed Bloom Energy as the primary power source under a proposed energy service agreement with El Paso Electric for Project Jupiter. Separately, Roth Capital raised its price target on…