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ASX:ORG 7 January 2026 - 20 February 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

  • Is General Electric Stock Fairly Valued After Recent Pullback?
    March 20, 2026, 11:49 AM EDT. General Electric's (GE) shares have dropped 4.9% in the past week and 10.8% over 30 days, yet the stock remains close to its intrinsic value. A Discounted Cash Flow (DCF) model estimates GE's fair value at about $272.33 per share, slightly below the current $291.61 price, suggesting the shares are roughly 7.1% overvalued. Despite a 43.8% return over the last year, GE's performance is now lagging behind peers amid shifts in capital goods, regulation, and company factors. Investors should monitor free cash flow estimates and valuation metrics like the price-to-earnings ratio to gauge potential risks and opportunities.
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