Reported about 5 hours ago
Ceres Power shares surged over 23% after announcing a licensing agreement with its largest Chinese shareholder, Weichai Power, to produce solid oxide fuel cells for data centers. This deal comes amid rising investor interest in energy companies linked to AI infrastructure. Despite the stock's nearly 300% rise in two months and its market cap nearing $1 billion, analysts advise caution regarding the company's fundamentals.
Source: YAHOO