"Oracle's unexpected move leads to a substantial impact on Tesla"
In the rapidly evolving world of Artificial Intelligence (AI), a significant development has taken place as Oracle, a global technology giant, has placed a billion-dollar surprise order for energy infrastructure for its AI cloud. The new supplier for this project is Bloom Energy, a company that specialises in fuel cell technology.
This unexpected order from Oracle could potentially benefit Bloom Energy, which has already seen its stock price double since July. Morgan Stanley has almost doubled its price target for Bloom Energy from $44 to $85, and Bloomberg's EBITDA forecast for 2028 has jumped sharply from $0.6 billion to around $1.1 billion.
Bloom Energy's fuel cell technology will supplement Oracle Cloud's energy portfolio and support AI infrastructure with clean energy. The energy provided by Bloom Energy's systems is delivered with virtually no air pollution and without water consumption, making it an environmentally friendly choice.
The collaboration between Oracle and Bloom Energy provides the tech company with reliable and cost-effective energy. Aman Joshi, Chief Commercial Officer of Bloom Energy, stated, "This collaboration with Oracle provides us with reliable and cost-effective energy."
The race for dominance in the Artificial Intelligence sector is heating up, and Bloom Energy is making its mark. The company has been identified as one of the new AI titles by the AKTIONÄR Hot Stock Report, supplementing Tesla and Nvidia in the Depot 2030 project. The AI tailwind from Asia is providing enormous support to these new AI titles.
Analysts predict a tenfold increase in AI cloud revenues to $144 billion by 2030. The AKTIONÄR Hot Stock Report also advised taking profits on Bloom Energy, with a 112% increase since July. However, if the operational breakthrough is achieved at this pace, the P/E ratio for Bloom Energy could drop to a moderate 22.
Depot 2030, a project associated with Bloom Energy, is currently up 337 percent. Elon Musk recently tweeted about the progress of the massive AI data center Colossus 2, adding to the excitement in the AI sector.
In conclusion, the collaboration between Oracle and Bloom Energy marks a significant step forward for both companies. With the potential for continued growth in the AI sector and the environmental benefits of Bloom Energy's technology, it's an exciting time for investors and the environment alike.
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