AES Receives Boost from AI Power Narrative and BlackRock Talks

25 days ago

Unspecified

"AES Corp, ticker AES. Deer shares, yeah, have been up like it's 14%. BlackRock, apparently, BlackRock's global infrastructure partner, apparently in talks to buy the company. But this is an AI power story, because we've been talking about the need for power. And then investors are hoping that the AI boom is going to lift demand."

AES Corp (AES) is benefiting from a dual catalyst: ongoing discussions with BlackRock about a potential acquisition and an upbeat narrative around increased power demand driven by the AI boom. The positive sentiment around these factors is lifting the stock.

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