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Talen Energy (TLN) Gains Following Strategic Acquisition
The share price of Talen Energy Corporation (NASDAQ:TLN) surged by 16.94% between July 15 and July 22, 2025, putting it among the Energy Stocks that Gained the Most This Week. High-voltage power lines. Electricity distribution station. high voltage electric transmission tower. Distribution electric substation with power lines and transformers. Talen Energy Corporation (NASDAQ:TLN) is a leading independent power producer and energy infrastructure company with 10.7 GW of generation assets, including 2.2 GW of nuclear power. Talen Energy Corporation (NASDAQ:TLN) soared to an all-time high this week after the company announced a $3.8 billion deal to acquire two gas-fired plants from Caithness Energy and BlackRock. Natural gas has emerged as a primary candidate to power the AI boom, so the two plants, with a combined capacity of nearly 3 GW, will help Talen meet the growing power demand from data centers. Talen Energy Corporation (NASDAQ:TLN) also made headlines last month after it was announced that Amazon had signed a deal with the utility to secure 1.92 GW of carbon-free electricity for AWS data centres. Moreover, Talen Energy Corporation (NASDAQ:TLN) received a boost after President Trump recently announced an investment of more than $90 billion from private companies across tech, energy, and finance to turn Pennsylvania into a hub for artificial intelligence. While we acknowledge the potential of TLN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Talen Energy (TLN) Gains Following Strategic Acquisition
The share price of Talen Energy Corporation (NASDAQ:TLN) surged by 16.94% between July 15 and July 22, 2025, putting it among the Energy Stocks that Gained the Most This Week. High-voltage power lines. Electricity distribution station. high voltage electric transmission tower. Distribution electric substation with power lines and transformers. Talen Energy Corporation (NASDAQ:TLN) is a leading independent power producer and energy infrastructure company with 10.7 GW of generation assets, including 2.2 GW of nuclear power. Talen Energy Corporation (NASDAQ:TLN) soared to an all-time high this week after the company announced a $3.8 billion deal to acquire two gas-fired plants from Caithness Energy and BlackRock. Natural gas has emerged as a primary candidate to power the AI boom, so the two plants, with a combined capacity of nearly 3 GW, will help Talen meet the growing power demand from data centers. Talen Energy Corporation (NASDAQ:TLN) also made headlines last month after it was announced that Amazon had signed a deal with the utility to secure 1.92 GW of carbon-free electricity for AWS data centres. Moreover, Talen Energy Corporation (NASDAQ:TLN) received a boost after President Trump recently announced an investment of more than $90 billion from private companies across tech, energy, and finance to turn Pennsylvania into a hub for artificial intelligence. While we acknowledge the potential of TLN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
6 hours ago
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Astronomer HR chief Kristin Cabot resigns following Coldplay 'kiss-cam' incident
Days after Astronomer CEO Andy Byron resigned from the tech startup, the HR exec who was with him at the infamous Coldplay concert has left as well. "Kristin Cabot is no longer with Astronomer, she has resigned," a company spokesperson wrote in an email to CNBC Thursday. Cabot was the company's chief people officer. Cabot and Byron, who is married with children, were shown in an intimate moment on the 'kiss cam' at a recent Coldplay show in Boston, and immediately hid when they saw their faces on the big screen. Lead singer Chris Martin said, "Either they're having an affair or they're just very shy." An attendee's video of the incident went viral. Byron resigned from the company on Saturday. Both Cabot and Byron have been removed the company's leadership team webpage. Pete DeJoy, Astronomer's interim CEO, wrote in a post earlier this week that recent and unexpected national attention has turned the company into "a household name." In May, the New York-based company, which commercializes open source software, announced a $93 million investment round led by Bain Ventures and other investors, including Salesforce Ventures.
