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Bloom Energy Corporation - $BE STOCK NEWS

Welcome to our dedicated page for Bloom Energy Corporation news (Ticker: $BE), a resource for investors and traders seeking the latest updates and insights on Bloom Energy Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bloom Energy Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bloom Energy Corporation's position in the market.

Rhea-AI Summary
Bloom Energy Corporation (NYSE: BE) reported a 37% growth in total revenue for Q3 2023 compared to Q3 2022, driven by a 40.7% increase in Product and Service revenue. Despite a decrease in gross margin, non-GAAP gross margin improved by 12.4%. Operating loss decreased by $51.1 million, with a non-GAAP operating profit of $51.8 million. The company reaffirms its outlook for full-year 2023 with expected revenue of $1.4 - $1.5 billion and positive non-GAAP operating margin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.37%
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Rhea-AI Summary
Bloom Energy Corporation will release its Q3 2023 financial results on November 8, 2023. A conference call will be held to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.32%
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Rhea-AI Summary
Infinity Fuel Cell and Hydrogen, Inc. awarded a new patent for its core fuel cell stack technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.4%
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none
Rhea-AI Summary
Bloom Energy has installed the first phase of a 10 MW solid oxide fuel cell contract with Unimicron Technology Corp. in Taiwan. The installation was delivered within five months from order and commissioned within three weeks from delivery. Bloom Energy's fuel cells generate electricity without combustion and reduce CO2 emissions by 30% with no nitrogen oxides, sulfur oxides, or particulate matter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.16%
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Rhea-AI Summary
Bloom Energy (NYSE:BE) introduces Bloom Energy Server™ as a high-efficiency Combined Heat and Power (CHP) solution, enabling cost savings and reduced carbon footprint for industrial and commercial customers. The product is ready to ship, with the first customer already announced.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
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none
Rhea-AI Summary
Bloom Energy announces its first customer in Germany, Geothermie-Gesellschaft Bruchsal GmbH, for its solid oxide fuel cells. The fuel cells will provide base load power to the geothermal plant in Bruchsal, reducing CO2 emissions and air pollution. Bloom Energy's design-build contractor, 2G Energie AG, will handle the heat recovery integration. This marks Bloom's expansion in Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.88%
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Rhea-AI Summary
Bloom Energy Corporation (NYSE: BE) will release its Q2 2023 financial results on August 3, 2023, followed by a conference call to discuss the results. The conference call will be held at 2:00 p.m. PT / 5:00 p.m. ET and will last for 60 minutes. Investors can access the live webcast and dial into the call using the provided toll-free numbers and conference ID.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
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management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.37%
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Bloom Energy Corporation

NYSE:BE

BE Rankings

BE Stock Data

2.66B
193.26M
13.31%
82.76%
16.54%
Motor and Generator Manufacturing
Manufacturing
Link
United States of America
SAN JOSE

About BE

bloom energy has developed a revolutionary on-site primary (base load) power generation system called a bloom energy server based on proprietary fuel cell technology that provides a more reliable, cleaner and cost-effective alternative to the traditional electric power grid. this solution is designed to help businesses become more resilient and reduce uncertainty from grid dependence. our technology, first developed for nasa's mars program, is among the most efficient power generation technology on the planet, providing significantly reduced operating costs and producing dramatically lower greenhouse gas emissions. bloom energy servers are currently producing power for several fortune 500 companies including google, walmart, at&t, ebay, staples, the coca-cola company, as well as notable non-profit organizations such as caltech and kaiser permanente. as one of silicon valley’s most promising startups, bloom was the first clean energy technology investment for kleiner perkins and nea,