Bloom Energy Partnered with Another Corporation and Genius Brands International Inc Announced a Shareholder Conference ⚡

Bloom Energy Partnered with Another Corporation and Genius Brands International Inc Announced a Shareholder Conference

Bloom Energy

Bloom Energy is a California-based company that sells fuel cell systems to countries all around the world. They serve your daily businesses, and being a vital one, they have a market cap of $4.807 billion.

On Monday, Bloom Energy partnered with company SK Group in a $4.5 billion deal, with the goal of creating hydrogen innovation centers in the United States and South Korea, two countries where the companies have done a lot of work. This will further commercialize green hydrogen in these countries, and it could expand globally. Bloom closed the day at $27.69, up 37.15%.

Genius Brands International, Inc.

Genius Brands is also based in California, but in Los Angeles this time. They are a company that creates content for children, often animated shows that are viewed a lot. Genius Brands is one of the more famous penny stocks, holding a market cap of $610.963 million.

Genius Brands made a very vague statement on Monday. In the middle of the day, they released a PR statement announcing a conference call on Wednesday to discuss a “positive business development”. Weird, right? Nobody has an idea as to what this positive news is, but I guess as content creators they sure know how to keep us on a cliff-hanger. A normal stock would have a slightly green day because of this news, but Genius Brands isn’t normal, and their stock increased by 51.49% to $2.03.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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