US Stock Market Move | Bloom Energy (BE.US) rises more than 23% in Q3, adjusted profit exceeds expectations.

Bloom Energy (BE.US) stock price has risen, as of the time of writing, the stock has increased by over 23%, reaching $139.66. On the news front, the latest financial report shows that the company's Q3 adjusted earnings per share of 15 cents exceeded analysts' expectations, with revenue of $519 million far exceeding the expected $428 million. The company announced plans to expand production capacity and achieve an annual production capacity of 2 gigawatts of fuel cells by the end of 2026. With the concept of powering AI data centers, the stock has surged by over 350% this year.