---
symbol: "BE"
name: "Bloom Energy"
date: 2026-10-13
change_pct: 1.781413662601791
direction: "up"
event_type: "contract_deal"
url: "https://perplo.app/why/BE/2026-10-13"
updated_at: 2026-10-13T23:06:42.278Z
---

# Why Bloom Energy (BE) rose 1.78% on October 13, 2026

Bloom Energy (BE) rose 1.78% on October 13, 2026 — Oracle reaffirms Bloom's role in Project Jupiter.

## What happened

Oracle proposed up to $55M in annual power bill credits and reaffirmed Bloom Energy's role at Project Jupiter, lifting BE 1.8%. The news confirms Bloom's position on the project rather than announcing a new award.

## Why it moved

Confirmation that Bloom remains the power supplier at a major Oracle data-center project supports backlog and revenue visibility.

## Why it matters

Bloom sits in the AI Power & Energy theme, where data-center power demand from hyperscalers is pushing demand for on-site, reliable generation.

## What would break the thesis

A vendor change at Project Jupiter or a delay or cancellation would undercut the backlog thesis. Watch for formal contract terms and project timeline updates.

## Sources

- [Oracle Proposes Up To $55M In Annual Power Bill Credits, Reaffirms Bloom Energy's Role At Project Jupiter](https://finnhub.io/api/news?id=a9ac98d760c90fb96b959ede450f8fd1e367ecb7fee336a03ca6099c13b12c53) — Yahoo
- [LS Electric lands $138.5m US power equipment deal](https://www.koreaherald.com/article/10900808) — Korea Herald
- [Bloom Energy Stock Has Fallen 20% or More 5 Times Since September 2025. It Recovered From 4 Within Weeks.](https://finnhub.io/api/news?id=67ca125e25d8bd13dc4b7a4715f8c655dab911c418292aefcd6f37fa4173ea78) — Yahoo

---

Trade BE perpetual futures 24/7 onchain: https://perplo.app/asset/BE