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ASX:ORG News 7 January 2026

Octopus Energy’s Kraken lands $1bn funding round as spinout plans sharpen

Octopus Energy’s Kraken lands $1bn funding round as spinout plans sharpen

Ontario Teachers’ Pension Plan led a $1 billion funding round for Octopus Energy’s Kraken software unit, valuing it at $8.65 billion. Origin Energy will invest $140 million and keep a 22.7% stake. Octopus will retain 13.7% of Kraken after the planned separation, targeted for mid-2026 pending regulatory approval. Kraken serves over 70 million accounts and reported contracted annual revenue above $500 million.
7 January 2026
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Stock Market Today

GigaDevice Semiconductor stock price: What to watch for 603986 A-shares as memory crunch bites

GigaDevice Semiconductor stock price: What to watch for 603986 A-shares as memory crunch bites

8 February 2026
Shanghai, Feb 8, 2026, 09:44 GMT+8 — Market closed. GigaDevice Semiconductor Inc.’s Shanghai-listed Class A shares last ended down 0.6% at 276.17 yuan on Friday, ahead of the weekend break. The stock traded between 268.20 yuan and 280.43 yuan on the session and is up about 99% over the past 12 months. (Trading Economics) The setup into Monday is less about a single company headline and more about memory — the kind of chips that sit inside phones, PCs and servers and are now in tight supply. Apple has not said it will raise iPhone prices, but CEO Tim Cook
Astera Labs (ALAB) stock closes near $170 after 19% jump as earnings week looms

Astera Labs (ALAB) stock closes near $170 after 19% jump as earnings week looms

8 February 2026
Astera Labs shares jumped 18.9% to $169.85 Friday, trading as high as $170.01 on volume of 7.3 million. The move followed Amazon’s AI spending forecast and a nearly 6% gain in the PHLX Semiconductor Index. Astera reports fourth-quarter results Tuesday after market close, with revenue guidance at $245–$253 million.
Sungrow Power Supply (300274.SZ) A-shares: Monday watch after “commercial space” denial

Sungrow Power Supply (300274.SZ) A-shares: Monday watch after “commercial space” denial

8 February 2026
Sungrow closed at 144.50 yuan, down 1.03%, after stating it has no plans in the commercial space sector. Mainland China trading resumes Monday, with Spring Festival closures set for Feb. 15–23. Major funds were net sellers of 5.46 billion yuan on Feb. 6. The Shenzhen-listed solar firm remains under scrutiny as investors await further filings before the holiday.
MPWR stock price hits a new high after Monolithic Power’s outlook — what traders watch next week

MPWR stock price hits a new high after Monolithic Power’s outlook — what traders watch next week

8 February 2026
Monolithic Power Systems shares surged 6.4% to $1,229.82 Friday, hitting a new 52-week high after raising its dividend to $2.00 and forecasting first-quarter revenue of $770 million to $790 million. CEO Michael Hsing filed a Rule 144 notice for 3,082 shares. CFO Bernie Blegen will retire after the 2025 annual report, with Rob Dean named interim CFO. Fourth-quarter revenue rose 20.8% to $751.2 million.
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