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Technology
Tech Bytes: RMIT Experts Critique Australian AI Safety Standard for Insufficient Measures
September 09, 2024 03:41 PM AEST| By Team Kalkine MediaLast week, the Australian Federal Government introduced the 'Voluntary Artificial Intelligence (AI) Safety Standard,' a guideline designed to outline ten suggested AI safeguards and their implementation.,The government asserts that these guardrails a...
NextDC's Share Price Surge Draws ASX Attention Amid Market Buzz
September 05, 2024 04:21 PM AEST| By Team Kalkine MediaNextDC Ltd, a leading data centre operator, experienced a notable surge in its share price on Thursday, with its stock climbing to a peak of $18.14. This marked a significant increase from the previous day's closing price of $16.07, reflecting a 12%...
ASX 200 Rebounds: A Look at Notable Performers of Technology Sector
September 05, 2024 01:50 PM AEST| By Team Kalkine MediaIn early afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is showing a notable recovery, up 0.3% to 7,975.3 points. Amidst this rebound, several ASX shares are standing out with significant gains. Here’s a look at two companies experiencing notewort...
NextDC Shares Surge on Data Center Sector Buzz
September 05, 2024 12:00 PM AEST| By Team Kalkine MediaNextDC Limited shares are experiencing a notable uptick this morning, rising by 12% to $17.88. This increase comes despite no new announcements or updates from the company itself. The surge in NextDC's share price follows a broader trend of heightene...
Australian Technology Stocks Drop Sharply Amid U.S. Market Weakness
September 04, 2024 12:07 PM AEST| By Team Kalkine MediaAustralian technology stocks experienced a significant decline on Wednesday, with the technology sub-index falling as much as 2.5%. This marks the sector’s largest intraday percentage loss since August 5 and drives the sub-index to its lowest level s...
Nvidia’s (NASDAQ:NVDA) Decline and Its Implications for Global Markets
September 04, 2024 10:22 AM AEST| By Team Kalkine MediaNvidia's,(NASDAQ:NVDA),recent sharp decline has sent ripples across global markets, raising concerns among investors and regulators alike. The semiconductor giant experienced a historic drop in its share price, compounded by news of potential regulat...
Xero Shareholders See 16% CAGR Over the Last Five Years
September 03, 2024 09:17 PM AEST| By Team Kalkine MediaWhen investing in any stock, the most one can lose is 100% of the initial capital (assuming no leverage is used). However, the potential for gains can far exceed that, especially when a company performs exceptionally well. A case in point is Xero Lim...
Beonic (ASX:BEO) Gears Up for International Expansion with $5.5 Million Capital Raise
September 03, 2024 05:57 PM AEST| By Team Kalkine MediaBeonic Ltd is set to accelerate its international expansion plans following a successful capital raise, which has garnered significant support from sophisticated and professional investors. The Sydney-based company, an,ASX tech stock,, has secured a...
EML (ASX: EML) Share Price Rises Following Major Sale
September 03, 2024 04:35 PM AEST| By Team Kalkine MediaThe share price of EML Payments Ltd,(ASX: EML),has surged by over 4% following the company's recent announcement regarding the sale of its Sentenial division. This move represents a significant shift in EML’s strategic direction and financial outlook...
Xero’s share price jumps 114% in five years. Here’s why.
September 03, 2024 12:27 PM AEST| By Team Kalkine MediaXero Limited (ASX:XRO) has been a standout performer in the stock market, with its share price soaring 114% over the past five years. This impressive growth highlights the potential for substantial returns when investing in companies that are flouris...
Why Investors Were Buying Tech Stocks in August?
September 02, 2024 05:22 PM AEST| By Team Kalkine MediaIn August, while the S&P/ASX 200 Index remained largely stagnant, certain sectors surged ahead, with the technology sector standing out prominently. The S&P/ASX All Technology index recorded a notable 5.5% gain for the month, driven by impressive per...
RocketDNA Secures $350K Contract to Supply Autonomous PatrolBots for Mine Sites
September 02, 2024 10:12 AM AEST| By Team Kalkine MediaRocketDNA (ASX:RKT) has recently secured a notable $350,000 contract with SSG Security Solutions to provide its advanced autonomous PatrolBots for mine site security.,Innovative Security Solutions,RocketDNA’s PatrolBots are designed to enhance securi...
The Streaming Service Landscape in Australia: An Evolving Market
September 02, 2024 10:00 AM AEST| By Team Kalkine MediaAustralia's streaming market continues to expand despite economic challenges, including persistent cost-of-living pressures and 13 consecutive interest rate increases since mid-2022. While some consumers have adjusted by opting for more cost-effectiv...
Appen Reports 18% Revenue Drop Amidst Major Contract Loss
August 30, 2024 01:18 PM AEST| By Team Kalkine MediaAppen Ltd,(ASX: APX),, a prominent data services company, has announced a significant decline in revenue for the first half of 2024, reflecting the ongoing impact of losing a major contract with Google. Despite the challenges, the company has managed...
Ainsworth Game Technology's Recent Stock Surge Attracts Investor’s Attention
August 29, 2024 07:41 PM AEST| By Team Kalkine MediaAinsworth Game Technology (ASX:AGI) has seen its stock rise by 2.8% over the past week. This uptick prompts a closer examination of the company's financial indicators, particularly its Return on Equity (ROE), to understand the potential factors drivi...
Spenda (ASX:SPX) Reports Significant Growth and Strategic Partnerships in FY24
August 29, 2024 07:33 PM AEST| By Team Kalkine MediaSpenda Ltd (ASX:SPX) has delivered an impressive performance in the 2024 financial year, highlighted by a substantial 73% increase in revenue, reaching AU$5.4 million. The company's growth is attributed to its successful strategic partnerships with p...
Inside the High-Stakes Fight to End Gambling Advertisements
August 29, 2024 04:01 PM AEST| By Team Kalkine MediaGambling advertisements have become a constant presence during sports broadcasts, sparking widespread concern and leading to a parliamentary inquiry. Fourteen months ago, Labor MP Peta Murphy presented a report on online gambling in parliament, calli...
Why Nvidia’s Stellar Quarter Still Leaves Room for Doubt
August 29, 2024 10:34 AM AEST| By Team Kalkine MediaThe buzz around Nvidia Corporation (NASDAQ:NVDA) continues to captivate investors and analysts alike, with its recent performance sparking both awe and skepticism. Despite delivering an impressive set of second-quarter results, questions remain about...
One Click Group Achieves Revenue Milestone in CY2024
August 29, 2024 10:08 AM AEST| By Team Kalkine MediaTax Solutions Provider Surpasses CY2023 Revenue with Strong User Growth,One Click Group (ASX:1CG), a leading provider of tax solutions, has reached a significant milestone by exceeding its entire CY2023 revenue within the current year. This achieveme...
Tabcorp (ASX:TAH) Embarks on Strategic Reset Under New CEO Gillon McLachlan Amid $1.4 Billion Asset Write-Down
August 28, 2024 10:38 AM AEST| By Team Kalkine MediaTabcorp Holdings Ltd (ASX: TAH),, Australia's leading wagering and gaming company, is undergoing a significant strategic overhaul under its new Chief Executive Officer, Gillon McLachlan. The former AFL boss has scrapped the ambitious turnaround strat...
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