FRVO ▲ +2.7% - Fervo Energy Company We are short $FRVO, a virtually zero-revenue $4bn startup backed by Google and Bill Gates that claims to have “proven at scale” a next-gen form of geothermal energy known as “EGS” – which is considered the “holy grail” of geothermal. We think Fervo is lying.  -- MORPHEUS RESEARCH 06-OCT-2026 01:03 PM ET