Overview
- Congressional filings show Paul Pelosi’s accounts bought 15,000 Bloom Energy shares and 200 call options in late July, with transactions dated July 24 and July 28 and reported within value bands of roughly $4.25 million to $14.5 million.
- The filings became public this week and helped lift Bloom Energy shares about 6% in premarket trading as investors renewed interest in the company after its strong quarter.
- Bloom reported record second-quarter revenue of about $1.07 billion and raised full‑year guidance to $3.9 billion–$4.2 billion, a performance tied to rising demand for on‑site power from AI data centers.
- A spokesperson for Pelosi’s office said Nancy Pelosi does not own the stocks and had no knowledge or involvement, while the filing marks the purchases with the ‘SP’ owner code indicating spouse‑owned accounts.
- The late reporting under the STOCK Act, heavy retail follow‑the‑trader activity and the timing near Bloom’s earnings have revived calls for tighter rules on congressional and family trading and could prompt renewed policy scrutiny and disclosure reform efforts.