Constellation Energy Powers to All-time Highs After Blockbuster Calpine Deal

Seeking Alpha16:38 ET

Does Talen Energy (TLN) Have an Attractive Risk/Reward Trade-Off?

Yahoo FinanceJan 10 09:11 ET

Vanguard Raises Stake in Talen Energy (TLN) to 10% as AI Demand Accelerates

TipRanksJan 9 13:32 ET

Talen Energy Shareholder Vanguard Group Boosts Stake to 10.4%

MT NewswiresJan 9 08:07 ET

J.P. Morgan Keeps Their Buy Rating on Talen Energy Corp (TLN)

TipRanksJan 9 07:09 ET · Ratings

The demand for electricity from AI has surged, and the Vanguard Group has increased its stake in Talen Energy, whose stock price more than tripled last year.

A document released on Wednesday shows that the USA asset management giant Vanguard Group has increased its shareholding in the independent power producer Talen Energy to 10.4%. As large technology companies invest massive amounts of money in AI technology, the demand for electricity to power datacenters is also growing. The main beneficiaries of this demand are utility companies like Talen Energy. Vanguard Group is the second largest shareholder of Talen Energy, holding about 9.9% of the company's circulating shares as of last October. Its position was reported on Wednesday.

Global market reportJan 8 18:40 ET