ASX 200: Lithium & Tech Stocks on Radar for Stronger Momentum

June 17, 2025 04:08 PM AEST | By Team Kalkine Media

ASX 200: Lithium & Tech Stocks on Radar for Stronger Momentum — Image source: Shutterstock

Software Giant Pursues Global Expansion

WiseTech Global Ltd (ASX:WTC), a logistics software provider and a constituent of the ASX 50, has taken a strategic step forward by announcing its intent to acquire E2open, a cloud-based supply chain management platform listed on the NYSE.

The acquisition is expected to enhance WiseTech’s reach beyond its core customer base of freight forwarders and logistics operators, entering into the market for Beneficial Cargo Owners. A prominent brokerage updated its earnings forecasts following the announcement and maintains a constructive outlook, highlighting the alignment of the acquisition with long-term growth plans.

WiseTech Global’s platform, CargoWise, continues to serve thousands of logistics firms globally, including a large proportion of leading freight service providers. With this acquisition, WiseTech aims to further solidify its role in end-to-end supply chain digitalisation.

Sector Focus: Resource Development and Digital Innovation

Both Pilbara Minerals and WiseTech Global stand out on the ASX 200 for their strategic developments—one in mineral resource expansion and the other in software sector consolidation. As resource efficiency and technological expansion become key themes in the market, these companies represent prominent movements in the ASX 100 and ASX 50 indices respectively.

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