🔴 Bloom Energy Short ETF (BEZ) is trading 3.81% down as Oracle reaffirms Bloom’s 2.4-gigawatt fuel-cell contract

BEZ is trading at $4.79, down 3.81%, as Oracle’s reaffirmation of its 2.4-gigawatt Project Jupiter fuel-cell contract supports Bloom Energy shares, pressuring the ETF.

• BEZ is a daily inverse-leveraged ETF; Bloom Energy was reported up 3.44% pre-market.
• Broad indexes were modestly higher, while rising Treasury yields and stronger Q2 GDP added rate uncertainty; these appear secondary to the company-specific driver.