🟢 Talen Energy is trading 4.72% up in pre-market after raising 2026 adjusted EBITDA guidance

Talen Energy is trading 4.72% up at $364.12 after investors continued responding to its August 5 earnings update and the company raised its 2026 outlook.

• Adjusted EBITDA guidance increased to $2.025 billion-$2.225 billion.
• Adjusted free-cash-flow guidance increased to $1.2 billion-$1.35 billion, supported by the Cornerstone acquisition, stronger PJM pricing, generation growth, and AWS contract expansion.
• Broader markets are modestly higher, while Bitcoin and Ethereum gains remain minimal.