Gate News message, April 15 — Oracle shares rose 5% on April 15 as the company expanded its partnership with Bloom Energy, which will supply up to 2.8 gigawatts of fuel cell systems for Oracle’s data centers. Bloom Energy shares surged 20% following the announcement.
The deal comes days after Oracle received a warrant (a financial instrument granting the right to purchase stock at a set price) to buy approximately $400 million worth of Bloom Energy stock. The partnership is separate from Stargate, a $500 billion AI infrastructure joint venture between Oracle, OpenAI, and SoftBank, which plans nearly 7 GW of capacity across sites in Texas, New Mexico, and Ohio.
Software stocks extended their rebound from an AI-led selloff. Bloom Energy previously delivered a fully operational fuel cell system to Oracle in 55 days, addressing the fast-rising, high-density power demand tied to AI workloads that conventional grids struggle to meet.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BlackRock Purchases $900M in Bitcoin in Single Week, ETF Clients' Average Cost Basis Around $87K
Gate News message, April 23 — BlackRock purchased approximately $900 million worth of Bitcoin within a single week, according to on-chain analysis platform Arkham. The firm's ETF clients currently hold an estimated average cost basis of around $87,000 per Bitcoin.
The data reflects ongoing
GateNews7m ago
The Smarter Web Company Completes Administrative Arrangements with London Stock Exchange, Up to 54M New Shares Eligible for Issuance
Gate News message, April 23 — The Smarter Web Company has completed administrative arrangements with the London Stock Exchange (LSE), clearing the way for up to approximately 54 million new shares to be issued if all pre-IPO warrants are exercised. The warrant exercise window runs from April 24, 202
GateNews21m ago
Samsung Workers Rally for Larger Share of AI Profits; 30,000 Gather at Pyeongtaek Chip Complex
Gate News message, April 23 — Tens of thousands of people gathered outside Samsung Electronics' major chip production facility in Pyeongtaek, South Korea, demanding a larger share of company profits generated by the artificial intelligence boom, according to Bloomberg.
Police told local media
GateNews45m ago
TradFi Fall Alert: AKESO (AKESO 09926.HK) Falls Over 12%
Gate News: According to the latest Gate TradFi data, AKESO (AKESO 09926.HK) has dropped by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews1h ago
ABTC Expands Bitcoin Mining Fleet with 11,000+ ASIC Units, Hashrate Reaches 28.1 EH/s
Gate News message, April 23 — American Bitcoin (ABTC), co-founded by the sons of U.S. President Donald Trump, expanded its mining operations in Alberta on April 22, bringing over 11,000 additional ASIC units online at its Drumheller facility. The deployment lifted the company's total hashrate to
GateNews1h ago
Peter Schiff calls the Strategy STRC a Ponzi scheme, criticizing the SEC for inadequate regulation
Bitcoin critics and gold supporter Peter Schiff posted on X on April 23, saying that the STRC perpetual preferred stock introduced by MicroStrategy (Strategy) is “the most obvious Ponzi scheme to date,” and criticizing the U.S. Securities and Exchange Commission (SEC) for failing to effectively stop Michael Saylor from promoting STRC.
MarketWhisper1h ago
