Bloom Energy Earnings Surge 680%, But AI Power Player Skids

Bloom Energy Corp. reported a 680% surge in quarterly earnings, but its stock skidded as investors weighed the company's role as an AI power player. The company's earnings jump was driven by demand for its fuel cells, which are used to power data centers for artificial intelligence workloads. Despite the strong earnings, shares fell as the market reacted to the broader AI infrastructure spending outlook.