Key Highlights

● Bloom Energy closed at $292.34 on Tuesday, September 29, 2026, a double-digit percentage gain, and touched $300.70 during the session.

● Bloom said Oracle reaffirmed its commitment to deliver 2.4 GW of fuel cell capacity under Project Jupiter.

● Oracle had issued a Force Majeure notice on the New Mexico data center, and its gas pipeline is delayed.

● Oracle shares rose to $137.79 after it launched Fusion Claw, a governed runtime for 25 new agentic AI applications.

Bloom Energy Corporation (NYSE:BE) turned in one of the best performances among large U.S. stocks on Tuesday, September 29, 2026. The shares closed at $292.34, a double-digit percentage gain, and touched $300.70 during the day. At the heart of the move was a single sentence from Bloom: Oracle reaffirmed its commitment to deliver 2.4 GW of fuel cell capacity under Project Jupiter.

What Project Jupiter Is

Project Jupiter is Oracle's data-center development in New Mexico, part of the software and cloud company's push to build out capacity for artificial intelligence. Bloom's fuel cells are slated to Supply power for it. The project had hit turbulence: Oracle had issued a force majeure notice on the New Mexico data center, and a gas pipeline serving the project is delayed to early 2027.

Addressing the Worry Head-On

A force majeure notice is a formal warning that events outside a party's control may affect its ability to meet contractual timelines. For Bloom shareholders, the worry was whether the delays might shrink or push back the fuel-cell order. Tuesday's reaffirmation addressed that concern directly, and the stock had dropped sharply on Monday, which made the rebound more striking.

Analysts Weigh In

Jefferies analyst Julien Dumoulin-Smith raised his price target to $264 from $229 and kept a Hold rating, saying the case for Bloom's on-site power generation Business remains intact. RBC reiterated Outperform with a $335 target and noted a 158,000-square-foot Lease expansion in Fremont, California. Behind the meter means power is generated on the customer's own site rather than drawn from the Utility grid, which can be faster than waiting years for grid connections.

Oracle's Own Big Day

Oracle (NYSE:ORCL) also rose, closing at $137.79 after launching Fusion Claw, a governed runtime for 25 new agentic AI applications. The stock was rebounding from the Project Jupiter force majeure headlines.

A Weak Tape Around Them

Wall Street drifted lower. The S&P 500 fell 12.85 points to 7,670.84, the Dow Jones Industrial Average lost 131.59 points to 51,349.92 and the Nasdaq Composite ended nearly flat at 26,797.54. The Russell 2000 finished lower. Long-term Treasury yields pressured stocks through the session, with the 30-year yield at its highest since 2002. Utilities led the S&P sectors, and consumer confidence fell to 81.9, a 12-year low. Chicago Fed President Austan Goolsbee said expectations of AI productivity gains create a high danger of overheating now.