Bloom Energy shares jumped 8% to about $288.70 on Friday, making the company the S&P 500’s top gainer after investor concerns over Oracle’s force majeure notice eased. Oracle issued the notice to Stack Infrastructure as a precaution concerning potential delays at its Project Jupiter data center complex in New Mexico and possible payment responsibilities if construction extends beyond 2028. Morgan Stanley’s David Arcaro maintained an Overweight recommendation and a $310 price target, saying Project Jupiter revenue is not included in Bloom’s fiscal 2026 guidance. The delays involve permits for a 17-mile natural gas pipeline and air-quality certifications from New Mexico authorities, rather than Bloom’s fuel-cell technology. Bloom’s contract allows Oracle to redirect orders to other data centers if the site is abandoned or indefinitely postponed. Bloom said Oracle remains committed to Project Jupiter and its contract to deliver 2.4 gigawatts of fuel-cell capacity, while the original contract covers up to 2.45 gigawatts. Project Jupiter is part of the Stargate initiative involving Oracle and OpenAI, with potential investment of $50 billion initially and as much as $165 billion over three decades. Bloom shares have gained 232% year to date and are on track for their strongest monthly performance since a 109% rise in April. About 17.3 million shares traded, 34% above typical daily volume. Mizuho raised its price target to $351 from $242, while BTIG and Jefferies also increased their projections. Stack Infrastructure operates under Blue Owl Capital, whose shares rose 0.7% on Friday.