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Bloom Energy Corp. (NYSE:BE) shares are trading sharply higher Wednesday. The move comes amid a massive global market relief rally. Investors are pivoting back to clean energy names as geopolitical tensions ease.
The Nasdaq is up 2.92%, while the S&P 500 has gained 2.36% on Wednesday.
Ceasefire Ignites Rate Cut Hopes
The primary catalyst stems from a ceasefire in the Iran war. This development sent WTI crude crashing 18% to $92. Lower energy prices have boosted CME FedWatch odds for a rate cut by year-end. Clean energy projects depend on cheap financing. Falling yields make these long-duration capital projects …
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