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Technology
WiseTech Global Soars as Earnings Beat Expectations, Broker Sets Neutral Rating
August 22, 2024 02:05 PM AEST| By Team Kalkine MediaWiseTech Global,(ASX: WTC),, the high-flying software start-up known for its flagship CargoWise platform, has seen its stock surge by 8.4% to $121.10 at lunchtime. This impressive uptick follows a strong earnings report for the year ending June 30, w...
Data#3 Limited (ASX:DTL) Outperforms ASX 200 with Sales and Decent Dividend Growth
August 21, 2024 02:39 PM AEST| By Team Kalkine MediaData#3 Limited (ASX:DTL), a prominent player in the business technology solutions sector, has significantly outperformed the broader market today. While the S&P/ASX 200 Index (ASX: XJO) has posted a modest 0.5% loss, Data#3’s shares have surged by 5....
Appen Shares Surge Despite Lack of Explanation
August 20, 2024 12:13 PM AEST| By Team Kalkine MediaIn a dramatic turn of events, shares of the,ASX technology stock,Appen Ltd have surged 57% over the past five trading sessions, drawing significant attention and prompting an inquiry from the Australian Securities Exchange (ASX). This substantial inc...
Why are Zip Shares (ASX:ZIP) on Rise?
August 16, 2024 12:15 PM AEST| By Team Kalkine MediaZip Co Ltd (ASX:ZIP),saw its shares climb as much as 6% to AU$2.045, reaching their highest level since 1 August 2024. This marks the company’s most significant intraday gain since August 9 and positions Zip among the top gainers on the,S&P/ASX 200 I...
Five Tech Shares Shining on the ASX
August 14, 2024 04:47 PM AEST| By Team Kalkine MediaIt's been a promising day for the S&P/ASX 200 Index (ASX: XJO) and many ASX 200 shares this Wednesday. As of the latest update, the ASX 200 has climbed 0.37%, surpassing the 7,850-point mark, buoyed by positive investor sentiment. The optimism is lar...
Canva (ASX: CAN) Hires Big Tech Talent for IPO While Facing Executive Departures
August 13, 2024 11:20 AM AEST| By Team Kalkine MediaHighlights:,High,-Profile Departures,:,Canva (ASX: CAN) has experienced the exit of five senior executives from major tech firms like Meta, Adobe, and Google over the past 18 months, ahead of its,anticipated,IPO.,Leadership,Challenges,:,The departure...
JB Hi-Fi (ASX:JBH) Hits $9.59 Billion in FY 2024 Sales, Acquires E & S Trading Co
August 12, 2024 11:12 AM AEST| By Team Kalkine MediaHighlights:,JB Hi-Fi Ltd (ASX:JBH) achieved $9.59 billion in sales for FY 2024, with a net profit after tax of $438.8 million and earnings before interest and tax of $647.2 million.,The company saw a 1% increase in Australian sales to $6.61 billion a...
Life360 Increases Revenue Forecast and Reaches 70 Million Users
August 09, 2024 11:07 AM AEST| By Team Kalkine MediaLife360,(ASX: 360),, the popular family tracking app, has recently updated its revenue projections for the year, buoyed by robust user growth and ambitious plans for its global advertising expansion.,Revenue Guidance Upgraded,The Silicon Valley-based...
Audinate Group Ltd (ASX: AD8) Faces Significant Decline After Recent Update
August 06, 2024 03:10 PM AEST| By Team Kalkine MediaAudinate Group Ltd,(ASX: AD8),has seen its share price plunge by 35% following the release of its preliminary, unaudited FY24 results. The company, an,ASX technology stock,known for its Dante networking solution widely used across various industries...
ASX Experiences Decline Due to Weaker Tech Sector
August 02, 2024 11:08 AM AEST| By Team Kalkine MediaAustralian shares experienced a sharp decline shortly after the market opened on Friday, mirroring a significant drop on Wall Street. Concerns about the Federal Reserve lagging in its interest rate adjustments contributed to the market downturn.,The...
Meta's Frankfurt Stock Soars 7.9% Following Impressive Q2 Results
August 01, 2024 11:07 PM AEST| By Team Kalkine MediaHeadlines:,Meta's shares surge in Frankfurt after stellar Q2 performance.,Revenue for Q2 climbs 22% to surpass market forecasts.,After-hours trading sees significant gains for Meta’s stock.,In an impressive turn of events, Meta Platforms' stock exper...
What Will Bravura Solutions Announce This Month?
August 01, 2024 12:53 PM AEST| By Team Kalkine MediaBravura Solutions Ltd,(ASX: BVS),has made headlines recently with its shares experiencing a notable rise, increasing over 7% to $1.23 in early trading this month. This uptick comes in response to a significant announcement from the company.,Company’s...
Siteminder Share Price Jumps After Strong Update
July 31, 2024 05:24 PM AEST| By Team Kalkine MediaSiteminder Ltd,(ASX: SDR),has seen its share price rise by 5% following a robust trading update for the fiscal year 2024 (FY24). The company, known for its eponymous software platform designed to maximize revenue for hotels, also offers Little Hoteli...
Why are these two technology stocks on the surge today?
July 31, 2024 03:35 PM AEST| By Team Kalkine MediaThe S&P/ASX 200 Index is experiencing a notable rebound on Wednesday, climbing 1.2% to 8,051 points. Amidst this rally, several ASX shares are significantly outperforming, with Siteminder Ltd (ASX: SDR) and TechnologyOne Ltd (ASX: TNE) leading the ch...
Appen (ASX:APX) Shares Skyrocket After Positive Q2 Earnings Report
July 30, 2024 12:18 PM AEST| By Team Kalkine MediaShares of Appen Limited (,ASX:APX,) surged by as much as 23.36% to AU$0.53 apiece on 30 July 2024, marking the company's biggest intraday percentage gain ever. This impressive rise brought the stock to its highest level since May 27. The surge in sha...
TZ (ASX:TZL) Secures AU$1mn Contract for Employee Lockers with Queensland Government, Shares Jump
July 26, 2024 11:10 AM AEST| By Team Kalkine MediaTZ Limited (,ASX:TZL,) has announced that its wholly owned subsidiary, TZI Australia Pty Limited, has won a significant contract to supply and install over 1,300 employee lockers for a Queensland Government body. This contract was secured through an...
SEEK (ASX: SEK) Shares Hit Lowest Point Since Mid-July Amid Impairment Charge
July 25, 2024 03:14 PM AEST| By Team Kalkine MediaSEEK Ltd (,ASX: SEK,) shares have fallen by as much as 5.1% to AU$19.50, marking their lowest level since mid-July. This decline extends the stock’s losing streak to eight consecutive sessions.,Impairment Charge Announced,The employment services firm...
Australian IT Stocks Slide Amid Global Market Weakness
July 25, 2024 02:55 PM AEST| By Team Kalkine MediaAustralian IT stocks, tracked by the.AXIJ sub-index, experienced a sharp decline on Thursday, plunging as much as 2.8% to their lowest levels since June 21. This downturn marks the largest intraday percentage drop since July 18, reflecting broader ma...
Iress (ASX: IRE) Shares Closed 9% Higher on Monday- Here’s Why?
July 22, 2024 06:35 PM AEST| By Team Kalkine MediaIress Limited (,ASX: IRE,) witnessed a significant surge in its stock price on Monday, soaring by as much as 9% to AU$ 9.85. This jump comes on the back of the company's upbeat outlook and revised earnings expectations for the first half of 2024.,The...
Australian IT Stocks Hit Lowest Levels Since June Amid Wall Street Sell-Off
July 19, 2024 03:16 PM AEST| By Team Kalkine MediaAustralian IT stocks (INDEXASX: XIJ) fell as much as 1.2%, reaching their lowest levels since 25 June 2024. This decline is driven by an overnight sell-off on Wall Street, as investors shift away from high-priced megacap growth stocks amidst the ongo...
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