Plug Power's stock rose 10% after reporting Q2 2026 results showing a significant margin improvement from -31% to breakeven and a 50% cut in operating expenses. The company also raised its full-year revenue growth guidance to 15-16% and aims for positive EBITDAS by Q4 2026, supported by asset sales generating $80 million in liquidity. Despite this optimism, Plug Power remains unprofitable with a GAAP EPS of -$0.14. The stock's rise is company-specific, as peers and the hydrogen ETF showed only modest gains. Investors should watch for sustained gains and execution on the profitability path in coming quarters.
Bloom Energy's stock surged 13% following Nebius Group's announcement that it selected Bloom as its power partner for a major AI data center in Vineland, New Jersey. This partnership addresses power supply challenges with Bloom's fuel cells, offering...
Riot Platforms announced a $9.1 billion, 20-year deal to supply AI data center capacity to Anthropic, with potential extensions up to $16.1 billion, driving a 20% premarket stock surge. Plug Power's shares rose 11% after beating Q2 expectations, impr...
