Bloom Energy (BE) rose 7% to $207.61 in morning trading, recovering part of last week's post-earnings slide, while FuelCell Energy (FCEL) gained 6% to $11.83 and Plug Power (PLUG) edged up 2% to $1.41. Bloom's third-quarter 2026 results showed revenue more than doubling on demand from hyperscaler and AI data center customers, and the company raised its full-year revenue outlook for the third time this year. However, free cash flow turned negative, ending a run of four positive quarters, and CFO Simon Edwards said the cash use is “not the beginning of a trend,” tying it to inventory, contract assets and receivables built for future deliveries. The next test is whether fourth-quarter 2026 deliveries convert into cash, and Bloom stock is still trading below its pre-earnings level. Meanwhile, the Global X Hydrogen ETF (HYDR) rose 1% and the SPDR S&P 500 ETF Trust (SPY) rose 0.9% to $767.13.
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