Today: 8 June 2026
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LSE:SSE 28 September 2025

UK Wind Power “Racket” Exposed: Octopus Energy Reveals £650m Wasted on Idle Turbines – Is Our Grid Broken?

UK Wind Power “Racket” Exposed: Octopus Energy Reveals £650m Wasted on Idle Turbines – Is Our Grid Broken?

Octopus Energy’s live tracker shows nearly £650 million paid out in 2025 to wind farms forced to shut off, far surpassing mid-2024 levels. Grid bottlenecks leave turbines idle up to 70% of the time, driving up bills by about £40 per household. National grid operator NESO projects annual constraint costs could reach £8 billion by 2030. Octopus is pushing for zonal pricing and faster grid upgrades to cut waste.

Stock Market Today

  • Avantis U.S. Large Cap Value ETF Sees $583.7 Million Inflow
    June 8, 2026, 12:21 PM EDT. The Avantis U.S. Large Cap Value ETF (AVLV) experienced a significant inflow of approximately $583.7 million, representing a 4.6% increase in shares outstanding week over week. Shares outstanding rose from 141.6 million to 148.1 million units. Among its top holdings, Flex Ltd rose 0.2%, United Parcel Service gained 0.1%, while Ross Stores declined 0.2%. AVLV's share price recently traded near its 52-week high of $91.56, last at $90.61, remaining above its 200-day moving average, a tool used to analyze price trends. ETF units differ from stocks as they can be created or redeemed to meet demand, impacting the ETF's underlying assets. Large inflows signal increased investor interest and potential buying pressure on AVLV's components.

Latest articles

Oklo Shares Climb After Manufacturing Pact, July Remains in Focus

Oklo Shares Climb After Manufacturing Pact, July Remains in Focus

8 June 2026
Oklo shares jumped 3% to $59.86 after acquiring ARMEC, expanding in-house reactor and fuel-manufacturing capability as investors weigh its $10.2 billion valuation despite zero revenue and a $33.1 million Q1 loss; the deal addresses criticism over lack of operating assets, but Oklo’s path to power sales still depends on regulatory milestones and fuel supply, with key test reactor results expected in July.
TSMC Chip Bottleneck Turns Into Global Concern

TSMC Chip Bottleneck Turns Into Global Concern

8 June 2026
TSMC’s CEO warned shareholders that global chip supply will fall short of AI-driven demand for years, even as the company forecasts over 30% sales growth in 2025; TSMC’s U.S.-listed shares rose 3.8% to $431.12, while Intel surged 12.6% after Google reportedly ordered future AI chips, highlighting rising supply chain risks and market concentration.
Dow Jones gains with chip stocks ahead of inflation data

Dow Jones gains with chip stocks ahead of inflation data

8 June 2026
Chip stocks surged, powering the Nasdaq up 1.72% and the S&P 500 1.09% higher, while the Dow rose 0.48% to 51,110 as investors bought back Friday’s losses after a strong jobs report fueled Fed-rate worries; May CPI inflation data Wednesday and oil prices remain key risks for market direction.
Growth ETFs Draw Attention Again as Investors Eye Big Tech Weighting

Growth ETFs Draw Attention Again as Investors Eye Big Tech Weighting

8 June 2026
Invesco QQQ Trust surged 2.2% and Vanguard growth ETFs gained over 1% as tech stocks rebounded, spotlighting growth ETFs’ outperformance—VUG returned 15.42% annually over five years, beating VOO—amid record $7.43 billion U.S. equity fund inflows driven by AI-led rallies, but concentrated tech bets mean higher volatility if sentiment shifts, especially with inflation and Fed risks looming.
Alphabet’s $80 billion AI stock sale puts Google’s rally to the test

Alphabet AI Search Drives Wall Street Target Hikes, Cloud Margins Still Draw Scrutiny

8 June 2026
Alphabet has ordered over 3 million TPUs from Intel for 2028 as it ramps up AI infrastructure, prompting Piper Sandler to raise its price target to $445 on rapid AI-assisted search growth, while UBS warns faster Google Cloud TPU revenue could pressure margins; Alphabet shares recently traded at $362.21, down $6.32, after boosting its equity offering to $84.75 billion to finance the AI buildout.
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