Bloom Energy Corp. shares traded higher Wednesday morning after CoreWeave reported second-quarter revenue of $2.58 billion, topping Wall Street estimates, and disclosed a $104 billion revenue backlog tied to AI infrastructure demand. Investors linked the results to Bloom Energy because CoreWeave uses solutions such as Bloom's solid oxide fuel cell technology for rapid on-site power generation at high-density data centers. As CoreWeave expands active power capacity beyond 1.85 gigawatts to handle rising cloud workloads, each additional site can translate into more deployment orders and revenue potential for Bloom's energy servers. Bloom Energy shares were up 12.32% at $237.24 at the time of publication, according to Benzinga Pro data.