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Talen Energy (TLN) Is Down 7.4% After Russell Index Additions And $984M Shelf Filing - What's Changed
Simply Wall St.53d agobearish
Talen Energy (TLN) Is Down 7.4% After Russell Index Additions And $984M Shelf Filing - What's Changed

Talen Energy Corporation (NasdaqGS: TLN) has been added to multiple Russell growth and small/mid-cap indices and recently filed a US$983.54 million shelf registration covering 2,399,998 common shares, following its acquisition of three power plants from Energy Capital Partners that lifted its portfolio to nearly 16 GW. These index inclusions and the expanded generation footprint could broaden institutional ownership, deepen liquidity, and reinforce Talen’s role as a key supplier to...

Gold Falls Amid Souring Risk Sentiment
The Wall Street Journal53d agobearish
Gold Falls Amid Souring Risk Sentiment

Gold declined in early Asian trade. Souring risk sentiment toward artificial-intelligence-related assets has spilled over into commodities including gold, which was among the hardest hit last week, said Capital Economics.

RBC Capital Cuts PT on Carvana Co. (CVNA)
Insider Monkey53d agobearish
RBC Capital Cuts PT on Carvana Co. (CVNA)

Carvana Co. (NYSE:CVNA) is one of the best non-tech stocks to buy according to analysts. RBC Capital cut the price target on Carvana Co. (NYSE:CVNA) to $85 from $92 on June 12 and reaffirmed an Outperform rating on the shares, telling investors in a research note that the firm is updating its retail unit cohort model […]

TeraWulf Inc. (WULF) is One of the Worst AI Stocks Under $30, According to Short Sellers
Insider Monkey53d agobearish
TeraWulf Inc. (WULF) is One of the Worst AI Stocks Under $30, According to Short Sellers

TeraWulf Inc. (NASDAQ:WULF) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers. Back on May 26, Terawulf Inc. (NASDAQ:WULF) revealed its strategic acquisition of a development site, The Muskie Data Campus, in Kentucky. This development has resulted in the expansion of the company’s existing hyperscale digital infrastructure portfolio to […]

NextEra Energy (NEE) Downgraded at Erste Group. Here is Why
Insider Monkey54d agobearish
NextEra Energy (NEE) Downgraded at Erste Group. Here is Why

NextEra Energy, Inc. (NYSE:NEE) is included among the 12 Best Utility Stocks to Buy Now According to Hedge Funds. With a market cap of over $184 billion as of the writing of this article, NextEra Energy, Inc. (NYSE:NEE) is the most valuable utility company in the world. The company boasts a diverse mix of energy […]

Talen Energy (TLN) Downgraded at Jefferies. Here is Why
Insider Monkey54d agobearish
Talen Energy (TLN) Downgraded at Jefferies. Here is Why

Talen Energy Corporation (NASDAQ:TLN) is included among the 12 Best Utility Stocks to Buy Now According to Hedge Funds. Talen Energy Corporation (NASDAQ:TLN) is a leading independent power producer and energy infrastructure company that owns and operates nearly 16 GW of power infrastructure in the United States. On June 23, Jefferies downgraded Talen Energy Corporation […]

Morgan Stanley Cuts Price Target on Vistra (VST). Here is Why
Insider Monkey54d agobearish
Morgan Stanley Cuts Price Target on Vistra (VST). Here is Why

Vistra Corp. (NYSE:VST) is included among the 12 Best Utility Stocks to Buy Now According to Hedge Funds. Vistra Corp. (NYSE:VST) is one of the largest competitive power generators in the United States. The company operates a power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities in the country. On […]

AT&T (T) Stock Faces A New Test After Russell Top 50 Exit
Simply Wall St.54d agobearish
AT&T (T) Stock Faces A New Test After Russell Top 50 Exit

AT&T (NYSE:T) has been removed from the Russell Top 50 Index as part of the latest index reconstitution. The change affects index-linked funds and mandates that track the Russell Top 50, with potential implications for holdings in AT&T. The removal may influence how institutional investors view AT&T within large cap U.S. equity allocations. AT&T is a major U.S. telecommunications company focused on wireless services, broadband, and media connectivity for consumers and businesses. Index...