AES Scores Breakaway Gap On Potential $38 Billion Buyout From BlackRock's GIP

Group 1 - BlackRock-owned Global Infrastructure Partners is nearing a $38 billion acquisition of utility group AES, driven by increased power demand from the AI and data center boom [1] - AES stock is expected to gap up following the news of the acquisition talks, which are in advanced stages [1] - The acquisition reflects a broader trend in the utility sector, where companies are responding to surging energy needs [1] Group 2 - AES has shown improved price performance, earning an upgrade to its IBD Relative Strength Rating [3] - The company has experienced volatility due to renewable tax cuts and takeover interest, indicating a dynamic market environment [3] - BlackRock has also received a relative strength rating upgrade, highlighting its rising performance in the market [3]