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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

London, January 6, 2026, 23:14 GMT Octopus Energy’s software arm Kraken has raised about $1 billion in its first standalone equity round, valuing the utility technology business at $8.65 billion, Ontario Teachers’ Pension Plan said on Monday. Octopus will keep a 13.7% stake in Kraken after the split, it said. OTPP The carve-out puts fresh capital behind a bet that utilities will pay up for modern systems as grids strain under electrification and more variable renewable power. It also aims to make Kraken easier to sell to rival suppliers by loosening its ties to Octopus, which operates a large retail
7 January 2026
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Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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