U.S. Stock Market Midday Update: AI Data Center Power Demand Soars, Bloom Energy Stock Price Surges Nearly 14%

U.S. Stock Market Midday Update

Bloom Energy rose 13.96%. Based on recent key news:

1. On December 3, Bloom Energy's stock price increased by 9.2%, mainly benefiting from the market's positive sentiment regarding its provision of power to AI data centers and the rebound in renewable energy demand. This news further propelled the stock price upward.

2. On December 2, Morgan Stanley analysts reported that the rapid expansion of AI has led to a sharp increase in power demand for data centers, and Bloom Energy's fuel cells are considered one of the key solutions to address the power bottleneck, expected to contribute 5-8GW of power supply between 2025 and 2028.

3. On December 3, Bloom Energy announced that its fuel cell technology has been deployed in multiple data centers to support the rapidly growing power demand, further enhancing market confidence. The expansion of AI exacerbates power demand, and the industry faces bottlenecks.

Stocks with High Trading Volume in the Industry

GE Vernova LLC rose 5.70%. Based on recent key news:

1. On December 4, GE Vernova signed a supply agreement with Greenvolt Energy to provide 42 units of 6.1 megawatt wind turbines for the Gurbanesti wind farm in Romania. This move supports Romania's renewable energy goals for 2030, driving the stock price up. Source: Reuters

2. On December 5, Barclays maintained an "Overweight" rating on GE Vernova and raised the target price from $710 to $720, boosting market confidence. Source: Bloomberg

3. On December 3, Deutsche Bank raised GE Vernova's target price from $724 to $769, maintaining a "Buy" rating, further driving the stock price up. Source: Zhitong Finance, wind power industry demand growth, and significant policy support.

NuScale Power rose 13.58%. Based on recent key news:

1. On December 2, NuScale Power submitted a preliminary beneficial ownership statement showing that the company's Chief Accounting Officer David A. Tonnel is a beneficial owner. This disclosure may enhance market confidence in the company's governance, driving the stock price up.

2. On December 5, NVIDIA CEO Jensen Huang supported the nuclear energy industry in a podcast, boosting the stock prices of small modular reactor developers, including NuScale Power. This move brought market attention to the company, leading to a rise in stock price.

3. On December 2, analysts rated NuScale Power as "Underweight," but the market's optimistic sentiment towards the nuclear energy industry may have offset this negative impact, and the stock price still rose. The nuclear energy industry is gaining attention, with significant capital inflow NANO Nuclear Energy rose by 8.88%, with a transaction amount reaching USD 494,500, and trading volume increased, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation.

Stocks ranked among the top in industry market capitalization

Power Solutions rose by 5.64%. Based on recent key news:

1. On December 4th, analyst Oakoff pointed out that Power Solutions' revenue growth is significant, mainly benefiting from the AI and data center markets. Although profit margins are affected by product mix and expansion, EBITDA, earnings per share, and balance sheet metrics have all improved year-on-year. The analyst believes the company is transitioning to a counter-cyclical field and may be undervalued by about 45-46%. This positive assessment drove the stock price up.

2. No other significant news recently. The AI and data center markets are performing strongly