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Oracle jumps for a second day, Bloom Energy soars 20% on AI data center power deal
Oracle expects to procure up to 2.8 gigawatts of Bloom systems as it expands power capacity for its fast-growing data center buildout.
- On Tuesday, Oracle Corporation stock jumped 5% as the company broadened its capacity partnership with Bloom Energy, planning to procure up to 2.8 gigawatts of fuel cell systems.
- Oracle has raised over $100 billion in debt to support its massive AI infrastructure buildout, with FY25 capital expenditures surging 209% to $21.2B.
- Oracle's $553 billion RPO figure suggests the company is morphing into a regulated-style utility for AI compute, with the Street latching onto this backlog as proof of contracted revenue visibility.
- Oracle stock has vaulted roughly 25% in two sessions, forcing bears to reconsider AI infrastructure demand after Monday's broad bounce lifted ServiceNow, Palantir, and Applovin.
- Analysts rate the stock a Strong Buy, projecting 75% upside if normalized EPS reaches $11 by May 2027, though risks include cyclicality and lumpy AI contracts.
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Times of IndiaReposted by 
The Economic Times
The Economic TimesOracle shares gain 4%, extend rally after AI-driven power deal with Bloom Energy
Oracle shares extended gains after a major energy deal with Bloom Energy to secure 2.8 GW of fuel cell capacity for AI-driven data centres. The partnership highlights rising power demands from AI infrastructure and strengthens Oracles cloud expansion strategy.
·India
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Total News Sources11
Leaning Left0Leaning Right2Center6Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
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