Talen Energy shares have surged over 60% this year. The company is buying two natural gas-powered plants for $3.5 billion to support AI data centers, boosting its portfolio. The deal is expected to increase free cash flow per share by over 40% in 2026 and over 50% through 2029. President Trump’s recent commitment to AI data center growth supports the move. Jefferies analysts raised the stock’s price target to $380 from $326.

Read more at Yahoo Finance: Talen Energy Stock Soars Over 20% on Purchase of 2 Plants in AI Power Move