Bloom Energy Gains 49% Amid Reported Institutional Call Buying

Bloom Energy (NYSE:BE) recorded a 49.14% price increase between July 24, 2026, and September 11, 2026, closing the period at $275.75. This performance stands in contrast to Sandisk (NASDAQ:SNDK), which fell 6.13% over the same week, highlighting divergent movements within the technology basket recently highlighted by market commentators. The divergence underscores that while some AI infrastructure names surged, others experienced pullbacks due to mixed market sentiment.

A House periodic transaction report filed in August disclosed new positions in Bloom Energy shares and call options. The filing attributed to Nancy Pelosi’s spouse indicated purchases of Bloom Energy calls valued between $1 million and $5 million, alongside additional Intel (NASDAQ:INTC) options in the $250,000 to $500,000 range. These disclosures provided a concrete reference point for the large-scale option activity observed in the market, where customized flex calls are often used by institutional investors to secure exposure without immediate underlying share commitment.

Option Activity Signals Institutional Demand

Market observers noted that the use of flex calls allows buyers to negotiate strike prices and expiration dates outside standard conventions. This structure suggests a strategy focused on defined exposure to specific names rather than immediate equity purchase. The alignment between the disclosed congressional trades and the observed market activity led to speculation about whether a single influential investor was responsible for the volume, though no definitive attribution was made by public figures.

Bloom Energy Revenue Grows Amid AI Buildout

Bloom Energy’s Q2 FY2026 revenue reached $1.07 billion, a 165.5% year-over-year increase. The company reported that major US hyperscalers and numerous neocloud operators have approved its power solutions for AI data centers. This growth positions Bloom on the power and cooling side of the AI infrastructure buildout, distinct from chip manufacturers. The company’s stock rose 6.66% in its latest session, extending its 309.79% one-year gain.

Peer Performance Varied Across the Basket

Intel posted Q2 revenue of $16.13 billion, with its Data Center and AI segment rising 59% to $6.26 billion. Meanwhile, AMD’s Data Center segment more than doubled to $6.72 billion, accounting for 58% of total revenue. Sandisk, despite a 588.07% year-to-date gain driven by a datacenter mix shift, saw its stock drop 3.5% in the latest session to $1,633.35. These figures illustrate the uneven trading dynamics among the specific stocks mentioned in recent market commentary.

The broader context for these movements remains the ongoing expansion of AI infrastructure. While chipmakers like Intel and AMD continue to see strong segment growth, specialized suppliers like Bloom Energy are capturing value from the power requirements of these facilities. The market’s reaction to these disclosures and earnings results reflects a nuanced view on the sustainability of AI-driven demand across different segments of the supply chain.