US Stock Market Move | Brookfield reaches $5 billion data center power supply project with Bloom Energy (BE.US), soaring 26%

On Monday, Bloom Energy (BE.US) surged by 26%, hitting a new all-time high for the year with a nearly 400% cumulative increase. In terms of news, asset management giant Brookfield has reached a partnership agreement with fuel cell manufacturer Bloom Energy aimed at providing new energy solutions for AI data centers through the deployment of on-site power generation technology. According to the announcement made on Monday, Brookfield Asset Management will invest up to $5 billion in deploying Bloom Energy's fuel cell technology. This marks Brookfield's first investment in support of its strategy for powering and computing infrastructure for large AI data centers.