Technology

Market Decline Seen as S&P/ASX 200 Closes Down by 0.40%
November 05, 2024 04:59 PM AEDT| By Team Kalkine MediaHighlights:,Australian equities closed lower on Tuesday, driven by losses in key sectors including Gold, Utilities, and Financials.,Appen Ltd, Mineral Resources Ltd, and Skycity Entertainment Group Ltd were among the session’s top performers.,St Barb...

Nuix Limited's (ASX:NXL) Retail Investors See Growth Amid Stock Rally
November 05, 2024 03:36 PM AEDT| By Team Kalkine MediaHighlights,Retail investors hold around 41% of Nuix Limited's shares.,Institutional ownership and insider stakes influence stock direction.,Private equity and private companies contribute to shareholder diversity.,Nuix Limited's (ASX:NXL) recent stoc...

WiseTech Global Faces Shareholder Backlash Over Virtual AGM Decision
November 04, 2024 12:05 PM AEDT| By Team Kalkine MediaHighlights,WiseTech Global faces criticism from the ASA for hosting its AGM as a virtual-only meeting, limiting shareholder engagement.,The ASA is also recommending a vote against the company's remuneration report and share rights for executive direc...

NextDC Shares Climb on Major Debt Facility Update
November 04, 2024 12:02 PM AEDT| By Team Kalkine MediaHighlights,NextDC secures AU$2.9 billion in new senior bank debt facilities to refinance existing loans and support future growth.,The company's average loan maturity has been extended to 6.0 years, stabilizing its financial outlook.,NextDC's share p...

Structural Monitoring Systems Plc (ASX:SMN) Stock Surges Amid Growing Market Optimism
November 04, 2024 10:59 AM AEDT| By Team Kalkine MediaHighlights,Structural Monitoring Systems stock surges 25% over the last month.,Revenue growth,remains,strong, with an annual increase of 25%.,Company P/S ratio,remains,higher than industry average, sparking market interest.,Structural Monitoring Syst...

Appen, GQG, Pilbara Minerals, and Syrah experience notable share price increases
October 30, 2024 04:41 PM AEDT| By Team Kalkine MediaHighlights,The S&P/ASX 200 Index is experiencing a decline, down 0.35% to 8,219.5 points.,Four ASX companies—Appen Ltd, GQG Partners Inc, Pilbara Minerals Ltd, and Syrah Resources Ltd—are showing significant gains amid market downturns.,Positive quar...

Cettire Shares Continue to Decline Following September Quarter Earnings Report
October 30, 2024 03:38 PM AEDT| By Team Kalkine MediaHighlights,Significant Share Price Drop:,Cettire shares fell 10.45% to $1.58 at midday after a 17.3% plunge the previous day, marking a 36.09% decrease over the past year.,Weak Earnings Report:,The luxury e-commerce platform reported an adjusted EBIT...

BrainChip Holdings Reports Significant Progress in Quarterly Update, Secures Key Partnerships and Funding
October 30, 2024 03:36 PM AEDT| By Team Kalkine MediaHighlights,Partnerships with Aerospace Leaders:,BrainChip has signed two agreements worth €190,000 with Frontgrade Gaisler and Airbus Defence and Space to utilize its Akida technology for ultra-low-power AI in space applications.,Successful Capital R...

Appen Shares Rise as Third-Quarter Earnings Show Improvement Despite Revenue Drop
October 30, 2024 03:33 PM AEDT| By Team Kalkine MediaHighlights,Share Price Increase:,Appen shares surged 4.1% to AU$2.05 by mid-morning following its third-quarter earnings report.,Turnaround in Profitability:,Appen posted underlying EBITDA of USAU$1 million, a sharp improvement from a USAU$7.5 millio...

Highlights of Serko Ltd's H1 2025 earnings call reflect on expansion strategies and financial performance
October 30, 2024 03:23 PM AEDT| By Team Kalkine MediaHighlights,Serko Ltd is expanding into the North American market through a partnership with Sabre and the acquisition of Sabre's GetThere platform.,The company reported an 18% increase in total income for the first half of 2024, showcasing robust rev...

Data3 (ASX:DTL) Reports Record Growth and Expands AI and Cybersecurity Initiatives
October 30, 2024 02:50 PM AEDT| By Team Kalkine MediaHighlights,Data3 reports,record,$2.8bn in gross sales for FY24, marking 7.6% growth.,Strong focus on AI and cybersecurity, including Microsoft Copilot partnerships.,Projects solid pre-tax profit growth for H1 FY25.,Data3 (ASX:DTL), an Australian tech...

Netwealth Group (ASX:NWL) Investors Experience 221% Growth in Five Years
October 29, 2024 03:44 PM AEDT| By Team Kalkine MediaHighlights:,Netwealth Group Limited has seen a remarkable share price increase of 200% over the past five years, with a notable 20% rise in the last quarter.,Earnings per share (EPS) growth has averaged 18% annually, trailing behind the 25% annual gr...

ASX Shows a 0.4% Gain Approaching Noon
October 29, 2024 03:31 PM AEDT| By Team Kalkine MediaHighlights:,The S&P/ASX 200 index is currently up 0.39%, reaching 8,253.30, with SPI futures indicating a rise of 27 points.,The REITs sector is the top performer, gaining 1.1%, while the Energy sector shows the largest decline at 0.69%.,Mineral Reso...

Recent Insider Share Disposal at Qoria Limited Sparks Interest in Ownership Dynamics
October 28, 2024 03:59 PM AEDT| By Team Kalkine MediaHighlights,Qoria's MD & Director recently reduced their ownership stake by a notable margin.,Insider ownership in Qoria stands at 4.2%, representing alignment with shareholders.,No insider purchases have been recorded over the past year.,Some Qoria L...

WiseTech Shares Surge 22% Following CEO Resignation Amid Allegations
October 25, 2024 03:57 PM AEDT| By Team Kalkine MediaHighlights,WiseTech shares surged 22% following the resignation of CEO Richard White amid allegations of inappropriate behavior.,Richard White transitions to a new 10-year consulting role, retaining his annual salary while stepping down as CEO.,WiseT...

Former OpenAI Employee Warns of Generative AI Threat to Internet's Future
October 25, 2024 03:48 PM AEDT| By Team Kalkine MediaHighlights,Former OpenAI researcher accuses company of copyright infringement.,Generative AI models may harm open-source platforms and content creation.,Legal challenges against OpenAI raise questions about AI’s impact on the internet.,Artificial Int...

WiseTech's three-year rally prompts dialogue about renewed involvement
October 25, 2024 03:27 PM AEDT| By Team Kalkine MediaHighlights,Surge in WiseTech Shares: WiseTech shares rose 22% following the resignation of CEO Richard White amid workplace misconduct allegations, with CFO Andrew Cartledge stepping in as Interim CEO.,Analysts Maintain Bullish Outlook: Major investm...

Elsight’s Impressive Share Price Growth Over the Past Year: A Closer Look at Performance
October 25, 2024 01:45 PM AEDT| By Team Kalkine MediaHighlights,Elsight's,shares have increased by 41% over the past year.,Revenue growth of 92% has contributed to the company's positive momentum.,Long-term performance has been more moderate, with a 26% rise over,three,years.,Elsight Limited (ASX:ELS)...

Vinyl Group (ASX:VNL) Sees Significant Shareholder Gains Over the Past Year
October 25, 2024 01:32 PM AEDT| By Team Kalkine MediaHighlights,Vinyl Group’s shares rise 129% over the past year.,Impressive revenue growth reported despite recent unprofitability.,Shareholders,benefit,from a strong Total Shareholder Return (TSR).,Vinyl Group Ltd (ASX:VNL) has demonstrated notable ret...

WiseTech (ASX:WTC) Leadership Transition as CEO Richard White Steps Down
October 25, 2024 12:47 PM AEDT| By Team Kalkine MediaHighlights,CEO Richard White steps down amid ongoing media scrutiny,Interim CEO announced as a global search for new leadership begins,White to,remain,involved in product and business development,WiseTech Global Ltd (ASX:WTC) has announced significan...

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