{
 "ticker": "TLN",
 "name": "Talen Energy",
 "url": "https://grantbishop.pages.dev/index/TLN",
 "sells": "Talen Energy owns and operates power plants, including nuclear facilities, and sells electricity into regional wholesale markets, mainly in the mid-Atlantic United States.",
 "why": "We follow it because its business sits among the companies that supply the power the AI build-out needs.",
 "questions": [
  {
   "slug": "power",
   "question": "Who supplies the power?",
   "url": "https://grantbishop.pages.dev/index/q/power"
  }
 ],
 "tests": [
  {
   "id": "W-3",
   "claim": "Spare rented computing capacity moves work around; it does not cancel new power and cooling construction, which follows capital spending, not chip scarcity.",
   "url": "https://grantbishop.pages.dev/claims/spare-compute-does-not-stop-power-building"
  }
 ],
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  "form": "10-Q",
  "filed": "2026-08-05",
  "period": "2026-06-30",
  "url": "https://www.sec.gov/Archives/edgar/data/1622536/000162253626000066/tln-20260630.htm"
 },
 "disclosed": [],
 "check": "Revised after a check against the company's own annual filing.",
 "log": [
  {
   "date": "2026-10-19",
   "note": "Entry rewritten in plain words: what the company sells, and why we follow it."
  },
  {
   "date": "2026-10-12",
   "note": "Verified against the 10-Q filed 2026-08-05 at launch."
  }
 ],
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  ],
  "history": []
 },
 "market": {
  "rule": "Each figure is kept only where Massive and Yahoo agree on it to the cent; a figure they do not agree on is null. Dated, not live. The market value and the forward multiple are computed from the close.",
  "last_close": {
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   "as_of": "2026-11-09",
   "computed": "the last close times the shares outstanding on the filing cover",
   "shares": {
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    "form": "10-Q",
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  "forward_multiple": null,
  "checked_at": "2026-11-10 10:30:40"
 },
 "exhibits": null,
 "mentions": [],
 "note": "Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.",
 "license": "Free to cite with a link."
}