Bloom Energy fell 8% during intraday trading, while FuelCell Energy and Plug Power dropped 5% and 1% respectively.
Bloom Energy (BE) shares fell as much as 8% to $253.72 during Monday's trading session, after having surged 192% year-to-date. This decline followed comments from Anthropic CEO Dario Amodei, who called for frontier AI labs to slow down the pace of model capability improvements, a sentiment echoed by OpenAI CEO Sam Altman, sparking concerns about a potential slowdown in AI infrastructure development. FuelCell Energy (FCEL) and Plug Power (PLUG) shares also dropped 5% and 1%, respectively. The Global X Hydrogen ETF (HYDR) fell 4%.
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