--- title: "Why Is Bloom Energy Stock Surging on Monday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/296121565.md" description: "Bloom Energy (NYSE: BE) stock surged on Monday, rising 5.29% to $242.10, driven by optimism surrounding AI infrastructure demand. This sentiment was bolstered by Anthropic's reported 14-fold Q2 revenue growth, signaling expanding power needs for high-density data centers. Additionally, positive results from CoreWeave further supported the sector. Technically, while the long-term trend remains constructive, short-term indicators suggest a digestion phase with mixed moving average signals." datetime: "2026-08-17T14:15:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296121565.md) - [en](https://longbridge.com/en/news/296121565.md) - [zh-HK](https://longbridge.com/zh-HK/news/296121565.md) --- # Why Is Bloom Energy Stock Surging on Monday? **Bloom Energy Corp.** (NYSE:BE) stock is gaining on Monday, driven by broad artificial intelligence infrastructure optimism after stellar revenue growth from AI firm **Anthropic**. Anthropic’s revenue surged more than 14-fold in the second quarter compared to the prior year, Bloomberg News reported. The AI firm reported preliminary revenue exceeding $11.5 billion for its latest completed quarter, rising from $787 million in the same period last year, according to documents viewed by Bloomberg. ## AI Power Needs Drive Market Demand The surge in AI revenues signals expanding power needs for high-density data centers. **Read Also: Stock Market Futures Mixed: Dow Futures Slips, Nasdaq 100, S&P 500 Rises as Fed Rate Hike Odds Drop to 30% for September—SanDisk, Micron, HIVE Digital in Focus** On Friday, Bloom Energy stock traded higher as traders leaned into data center energy demand tied to expansion at **CoreWeave**, which uses solid oxide fuel cell systems for on-site power. CoreWeave posted second-quarter results beating Wall Street estimates, reporting $2.58 billion in revenue and a $104 billion backlog. ## Bloom Energy Technical Levels To Watch From a trend perspective, BE is still in a strong longer-term uptrend, trading 29% above its 200-day SMA ($184.56), even after cooling off from the June peak. The stock is also 12.5% above its 20-day SMA ($211.48), but it remains 3.7% below its 50-day SMA ($247.24), keeping the near-term picture more “repair mode” than breakout. RSI is the cleaner momentum read right now: at 50.91, it’s basically neutral, suggesting the stock isn’t stretched and is more likely in a digestion phase than a momentum chase. In plain English, RSI helps gauge whether buying or selling has become overdone; a mid-range reading often lines up with range trading and “prove it” price action around key levels. The moving-average structure is mixed: the 20-day SMA is below the 50-day SMA (a bearish short-term crossover), but the 50-day SMA is still above the 200-day SMA, which keeps the longer-term trend constructive. Key turning points also frame the current setup—BE put in a swing high in June and a swing low in July, so traders are watching whether this bounce can build a higher low and start pushing back toward that June supply zone. **BE Price Action:** Bloom Energy shares were up 5.29% at $242.10 at the time of publication on Monday, according to Benzinga Pro data. **Read Also: Alibaba’s AI Pivot Deepens, Plans to Offload Gaming Business For at Least $1.5 Billion: Report** _Photo by Michael Vi via Shutterstock_ ### Related Stocks - [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md) - [BE.US](https://longbridge.com/en/quote/BE.US.md) - [CORD.US](https://longbridge.com/en/quote/CORD.US.md) - [CRWG.US](https://longbridge.com/en/quote/CRWG.US.md) - [CRWU.US](https://longbridge.com/en/quote/CRWU.US.md) - [CWVX.US](https://longbridge.com/en/quote/CWVX.US.md) - [CWY.US](https://longbridge.com/en/quote/CWY.US.md) - [BEX.US](https://longbridge.com/en/quote/BEX.US.md) - [BEZ.US](https://longbridge.com/en/quote/BEZ.US.md) - [ANTH.NA](https://longbridge.com/en/quote/ANTH.NA.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [HIVE.US](https://longbridge.com/en/quote/HIVE.US.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) ## Related News & Research - [Bloom Energy director John T. 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