Why Bloom Energy (BE) Stock Is Nosediving

Why Bloom Energy (BE) Shares Are Plunging Today

Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell 11.8% in the morning session after Jefferies downgraded the stock to ‘Underperform’ from ‘Hold,’ citing concerns about the company’s high valuation and uncertain long-term growth. The investment firm warned that investor enthusiasm had run ahead of the company’s fundamentals. Analysts at Jefferies noted…

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Bill gates

Bill Gates Buys 6.95M Berkshire Hathaway Class B Shares, Offloads 2.26M Microsoft Shares in Q2

In Q2, billionaire investor Bill Gates executed major stock trades worth over $4 billion (£2.9 billion) in two companies. According to the latest filings with the US Securities and Exchange Commission, Bill Gates purchased 6.95 million shares of Berkshire Hathaway Class B (NYSE: BKR.B) shares for the quarter ended 30th June, increasing his stake in…

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