Bloom Energy (BE) stock hit a new high after Oracle (ORCL) committed to one of the largest fuel-cell deployments tied to AI infrastructure yet. The partnership could shift Bloom Energy from a speculative AI-adjacent play to a serious power supplier for hyperscale data center growth. The company's shares rose by 21% following the news. Jefferies upgraded the stock from a Sell to a Hold due to improved revenue visibility through 2027. The initial 1.2 gigawatts of capacity has already been contracted, reducing demand uncertainty and shifting investor focus towards fulfillment, timing, and execution. If successful, Bloom Energy's move to new highs could justify valuation risk.