--- title: "U.S. stock market midday update: General Fusion down 8.47%, LM26 struggles to dispel commercialization concerns" type: "News" locale: "en" url: "https://longbridge.com/en/news/293067840.md" description: "General Fusion fell 8.47%; Bloom Energy rose 3.51%, with a transaction volume of USD 2.586 billion; GE Vernova rose 1.48%, with a transaction volume of USD 2.403 billion; Forgent Power Solutions rose 1.39%, with a transaction volume of USD 380 million; Innio NV fell 2.16%, with a market value of USD 20.6 billion" datetime: "2026-07-17T19:12:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293067840.md) - [en](https://longbridge.com/en/news/293067840.md) - [zh-HK](https://longbridge.com/zh-HK/news/293067840.md) generator: "portal-rs" --- # U.S. stock market midday update: General Fusion down 8.47%, LM26 struggles to dispel commercialization concerns **U.S. Stock Market Midday Update** General Fusion fell 8.47%. Based on recent key news: 1. On July 15, General Fusion's LM26 fusion demonstration machine began operation, marking an important advancement for the company in commercializing fusion technology. However, the market remains skeptical about the commercialization prospects of its technology, leading to a decline in stock price. 2. On July 15, despite the company's technological progress, market sentiment was unstable, with retail investors expressing divided opinions on GFUZ stock on social media, with some investors taking a bearish stance, affecting stock performance. 3. On July 15, although the company's stock price once rose by 23.09%, it subsequently fell back, reflecting market concerns about its long-term commercialization capabilities. The commercialization of fusion technology still faces challenges. **Stocks with High Trading Volume in the Industry** Bloom Energy rose 3.51%. Based on recent news, 1. On July 17, Bloom Energy announced it had secured $1.7 billion in investment to build solid oxide fuel cell systems to provide backend power for AI cloud service provider Nebius. This project is backed by the Industrial Development Fund and Oaktree, with financing support from Morgan Stanley and MUFG Bank. This news drove the stock price up. 2. On July 16, Bloom Energy achieved an annualized return of 50.98% over the past five years, outperforming the market and attracting more investor attention, further boosting the stock price. 3. On July 16, RBC Capital maintained a buy rating on Bloom Energy with a target price of $279, with analysts optimistic about its future performance, boosting market confidence. The growing demand for AI data centers benefits fuel cells. GE Vernova rose 1.48%. Based on recent key news: 1. On July 18, GE Vernova announced plans to invest $11 billion in capital expenditures and R&D by 2028 to address the growing power demand driven by AI. This news pushed the stock price up by 2.89% during the day, despite subsequent short-term fluctuations. 2. On July 16, BofA Securities projected that GE Vernova's second-quarter orders would reach $19.6 billion, primarily driven by its power and electrification business, representing a 59% increase from last year. This expectation exceeded market consensus, boosting market confidence. 3. On July 16, GE Vernova won two contracts from Stromnetz Berlin for the design and installation of 110 kV gas-insulated substations using SF6-free g3 technology, further expanding the company's involvement in the modernization of the European grid. The growing power demand and AI technology are driving industry transformation Forgent Power Solutions rose by 1.39%. Based on recent news, 4. On July 16, Standard Nuclear, a supplier of fuel for small modular reactors (SMR), is expected to conduct an IPO on the US stock market later this month. The relatively low valuation of the energy sector has attracted investors, driving up related stocks. 5. On July 16, according to forecasts from ICF, a global energy environmental consulting service provider, US electricity demand is expected to grow by 39% between 2026 and 2035. This expectation has boosted market confidence in energy companies, leading to an increase in stock prices. 6. On July 16, despite strong market interest in IPO subscriptions for energy companies, many investors frenzy over popular companies at the time of listing and soon choose to sell for cash. Nevertheless, the overall performance of the energy sector remains strong. The low valuation of the energy sector attracts investors. **Stocks ranked at the top of the industry market capitalization** Innio NV fell by 2.16%. Based on recent news, 1. On July 14, Innio NV announced that it will release its Q2 2026 financial report on July 28 and will hold a conference call at 8 AM on the same day. Investors have expressed concerns about the upcoming financial report, leading to a decline in stock prices. 2. On July 14, the updated contact information for investor relations and media at Innio NV shows the company's efforts in active communication and transparency, but failed to alleviate market concerns about the financial report, resulting in continued stock price decline. The market has expressed concerns about the upcoming financial report ### Related Stocks - [GFUZ.US](https://longbridge.com/en/quote/GFUZ.US.md) - [BE.US](https://longbridge.com/en/quote/BE.US.md) - [GEV.US](https://longbridge.com/en/quote/GEV.US.md) - [FPS.US](https://longbridge.com/en/quote/FPS.US.md) - [INIO.US](https://longbridge.com/en/quote/INIO.US.md) ## Related News & Research - [GFUZ: LM26 fusion demo nears milestones as commercialization and global partnerships accelerate](https://longbridge.com/en/news/296278892.md) - [Canada's Pender Growth Fund Q2 net income, EPS fall](https://longbridge.com/en/news/296655818.md) - [General Fusion says prior Spring Valley Q1 financials should not be relied upon after subscription liability overstatement](https://longbridge.com/en/news/296210423.md) - [General Fusion publishes investor presentation on engineering-led magnetized target fusion path to commercial power](https://longbridge.com/en/news/296385403.md) - [The 30-Year Treasury Now Out-Yields Dividend Stocks by 2.2 Points. History Says What Followed the Last Time.](https://longbridge.com/en/news/296688720.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**