Bloom Energy Corporation (BE) News & EventsBEBloom Energy Corporation

Bloom Energy Shares Drop to $230.75, Option Traders Bearish

Option traders moderately bearish in Bloom Energy (BE), with shares down $8.59 near $230.75. Options volume running well above average with 127k contracts traded and calls leading puts for a put/call ratio of 0.98, compared to a typical level near 0.88. Implied volatility (IV30) is higher by 1.9 points near 87.27,in the bottom quartile of the past year, suggesting an expected daily move of $12.69. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Bloom Energy (BE) will report earnings after the close on 2026-10-22.Option markets are pricing in a 50% probability of a move greater than 8.87% or $20.47.

American Electric Power Invests $4B in Fuel Cell Project

American Electric Power (AEP) announced plans to invest approximately $4B to advance a new 702-megawatt fuel cell generation project near Cheyenne, Wyoming, under a long-term 20-year power purchase agreement, or PPA, with Google (GOOGL), calling this "a significant step in AEP's strategy to serve growing demand from large-scale customers." AEP stated: "Under the PPA, Google will acquire power from Cheyenne Fuel Cell, which is approximately 92% owned and controlled by AEP, and nearly 8% owned by funds advised by Basalt Infrastructure Partners. AEP and its partners plan to start construction in 2026, and the facility is expected to be fully operational by the end of 2028. AEP's development and construction of this fuel cell generation facility is supporting Google's growing energy needs in the greater Cheyenne area. The planned facility uses advanced fuel cell technology developed by Bloom Energy that can be deployed rapidly and provide reliable, on-demand power to meet the needs of large-load customers. The technology generates electricity without combustion of natural gas, and the project includes plans to integrate carbon capture technology to deliver reliable, near-zero-emissions power."