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Technology
Xero (ASX: XRO) Soars on Strong FY24 Results, Defying Market Slump
May 23, 2024 02:38 PM AEST| By Team Kalkine MediaThe share price of Xero Ltd (,ASX: XRO,) is making significant gains this morning following the release of its full-year results for FY24. Within the first hour of trading, shares of the cloud-based accounting software company have surged by 9.46% to...
Iress (ASX: IRE) Provides Additional Details on Unauthorised Access Incident
May 17, 2024 03:03 PM AEST| By Team Kalkine MediaIress Ltd (,ASX: IRE,), a leading provider of technology solutions for financial markets, has issued a further update regarding the unauthorised access incident it recently encountered. The company has acknowledged the emergence of certain statements...
Jarden Shares Bullish Outlook on Xero (ASX: XRO). Shares React.
May 16, 2024 04:45 PM AEST| By Team Kalkine MediaThe stock of New Zealand-based software-as-a-service company Xero (,ASX: XRO,) soared by as much as 4.79% to AU$127.54 apiece on 16 May 2024, marking its highest level since 3 April. This surge positioned Xero as the top gainer on the Australian tech...
ASX technology stocks jump on Thursday. XRO and WTC leads the gain
May 16, 2024 03:35 PM AEST| By Team Kalkine MediaAustralian technology stocks experienced a significant surge on Thursday (16 May 2024), climbing as much as 3.19% and reaching their highest level since March 26.,This surge comes as the rate-sensitive sub-index witnessed a notable increase, propelle...
Iress Ltd (ASX: IRE) Reports Unauthorised Entry into OneVue Production Environment
May 15, 2024 01:42 PM AEST| By Team Kalkine MediaAustralia's Iress Ltd (,ASX: IRE,) revealed on Wednesday that a stolen credential from its third-party user space was utilised to illicitly access client data within the production environment of the financial services software platform, OneVue, over...
Why is Life360's (ASX:360) share price experiencing a downturn today?
May 10, 2024 02:53 PM AEST| By Team Kalkine MediaLife360 Inc, (,ASX: 360,), recently unveiled its quarterly report, sparking a notable reaction in the market. The company, specialising in location technology, witnessed its share price take a downturn, slipping by around 4% to AU$14.90 in the aftern...
Megaport (ASX: MP1) Shares Tumble Despite Upgraded Earnings Forecast
April 29, 2024 04:56 PM AEST| By Team Kalkine MediaShares of Megaport Ltd (,ASX: MP1,), a network infrastructure operator, experienced a significant decline during early trading hours on Monday, but closed at AU$14.10, down 1.33.,Megaport upgraded its forecast for earnings before interest, taxes, dep...
Vinyl Group (ASX: VNL) Surges on RealWise Group Investment, Marking Record Highs
April 26, 2024 03:57 PM AEST| By Team Kalkine MediaVinyl Group (,ASX: VNL,) experiences a meteoric rise in its share price, surging by an impressive 35.42% to AU$0.13 apiece on 26 April 2024, reaching its zenith since 16 February 2021. The stock's remarkable ascent marks its most significant intraday...
NextDC Ltd (ASX: NXT) Share Price Rises as Retail Component of Capital Raising Entitlement Offer Opens
April 18, 2024 03:50 PM AEST| By Team Kalkine MediaThe NextDC Ltd (,ASX: NXT,) share price is making gains today, with shares of the tech stock trading up 0.6% to AU$15.70 apiece at 3:18 PM AEST. This follows a flat close at AU$15.55 per share yesterday, in line with the broader S&P/ASX 200 Index (AS...
NextDC (ASX: NXT) Share Price Dips On AU$1.32B Capital Raising Announcement
April 15, 2024 04:59 PM AEST| By Team Kalkine MediaToday, the NextDC (,ASX: NXT,) share price experienced a decline, reflecting the impact of recent developments. Closing Wednesday's trading session at AU$16.71 per share, the tech stock faced a trading halt following the company's announcement of an...
Lucid Group (NASDAQ: LCID) shares surge on production and delivery results
April 10, 2024 01:11 PM AEST| By Team Kalkine MediaLucid Group (,NASDAQ: LCID,) witnessed a remarkable surge in its stock value on Tuesday, April 9, 2024, following the release of its production and delivery results for the quarter ending March 31, 2024. Investors were thrilled as the company's share...
WiseTech (ASX: WTC) plans to buy Aktiv Data, marking expansion in international logistics technology market
April 08, 2024 05:32 PM AEST| By Team Kalkine MediaWiseTech Global Ltd (,ASX: WTC,) shares saw a notable uptick on Monday, climbing by as much as 0.83% to AU$91.62 apiece, buoyed by the announcement of its latest strategic acquisition. The software developer revealed its plans to acquire Aktiv Data,...
Australian technology stocks plunge amidst market uncertainty
April 03, 2024 04:47 PM AEDT| By Team Kalkine MediaAustralian technology stocks have experienced a significant decline of 3.95% on Wednesday, marking their worst performance since November 9, 2023, if losses persist. This downturn has pushed the sub-index to its lowest level since February 29, mirror...
ASX technology stocks fall on Tuesday, mirrors fall of Wall Street
March 26, 2024 05:15 PM AEDT| By Team Kalkine MediaAustralian technology shares experienced a notable downturn on 26 March 2024, mirroring the downward trend observed on Wall Street, resulting in the sub-index's most significant intraday percentage loss since March 6. The technology sub-index, saw a...
Swift Network (ASX: SW1) share price jumps on AU$2M contract renewal and upgrade news
March 22, 2024 04:35 PM AEDT| By Team Kalkine MediaSwift Network (,ASX: SW1,), an Australian technology company, saw its shares surge by as much as 5.88% to A$0.018, reaching their highest level since October 13th. This marks the third consecutive week of gains for the stock.,The rise in Swift Networ...
Block Inc (ASX: SQ2) and WiseTech Global (ASX: WTC) shares fall on Friday. Here’s why.
March 15, 2024 05:39 PM AEDT| By Team Kalkine MediaThe Australian technology sub-index experienced a notable decline on 15 March 2024, slipping by as much as 0.86 %. This downturn was largely attributed to overnight losses observed in the technology sector on Wall Street.,ASX-listed shares of Block I...
Appen Ltd (ASX: APX) shares plunge amidst takeover drama
March 14, 2024 06:00 PM AEDT| By Team Kalkine MediaThe journey for Appen Ltd (,ASX: APN,) shares has been nothing short of a rollercoaster this week, with volatility stemming from speculation regarding the artificial intelligence (AI) data services company's potential takeover. The excitement reached...
Appen (ASX: APX) faces share price decline following Innodata's all-stock deal proposal
March 13, 2024 05:21 PM AEDT| By Team Kalkine MediaIn a sudden turn of events, shares of software firm Appen (,ASX: APX,) experienced a substantial downturn on 13 March 2024, plummeting as much as 10.65% to close at AU$0.96 apiece. This triggers concern among investors and market observers.,The downt...
NEXTDC (ASX: NXT) shares soar on latest data center portfolio expansion update
March 12, 2024 04:16 PM AEDT| By Team Kalkine MediaShares of NEXTDC (,ASX: NXT,) soared by as much as 0.66% on 12 March 2024 to AU$17.50. The Australian data center operator announced a significant development as it successfully acquired land and a recently completed core and shell data center facili...
Shares of Iress (ASX: IRE) Decline By 10.8%. Here’s Why.
March 06, 2024 06:26 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, shares of Iress (,ASX: IRE,) took a significant hit, experiencing a notable decline of 6%, reaching AU$8.46 on 6 March 2024. As the fintech company emerges as one of the top losers in the ASX200 benchmark (AXJO), inves...
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