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Technology
Analysts at Macquarie Raise Price Target on Xero (ASX: XRO)
March 04, 2024 01:37 PM AEDT| By Team Kalkine MediaIn the dynamic world of tech investments, one company making headlines is Xero (,ASX: XRO,). Macquarie analysts recently sparked considerable interest by raising the price target on Xero's stock from AU$87 to an impressive AU$152.60. This move, howev...
Xero (ASX: XRO) shares FY25-27 strategy, aspires for future growth
February 29, 2024 06:29 PM AEDT| By Team Kalkine MediaThe Xero Ltd (,ASX: XRO,) shares closed 0.24% up at AU$127.31 apiece on Thursday. However, during the morning trading session, XRO share price marked a drop of 1.5% due to setback in technology sector, overshadowing the release of the company's FY25-...
Appen (ASX: APX) reports loss of AU AU$118M in FY23
February 27, 2024 04:38 PM AEDT| By Team Kalkine MediaIn the realm of data-annotation services, Appen (,ASX: APX,), an Australian provider, recently reported a larger-than-expected annual loss, sending ripples through the industry. As many of its clients undertook a reassessment of their AI strategies,...
Nanosonics (ASX: NAN) Witness a Sharp Decline of 15% on Monday. Details Here.
February 26, 2024 06:55 PM AEDT| By Team Kalkine MediaIn recent market developments, the shares of Nanosonics Ltd (,ASX: NAN,), a prominent disinfectant device maker based in Australia, have experienced a substantial drop of 15.98%, reaching AU$2.63 apiece on 26 February 2024. In this comprehensive arti...
What’s behind 43% surge in WiseTech Global’s (ASX: WTC) shares in last one year
February 22, 2024 04:46 PM AEDT| By Team Kalkine MediaWiseTech Global (,ASX: WTC,), a prominent player in the stock market, has witnessed a remarkable surge in its share price, marking a substantial 43% increase in the last one year. This surge has propelled the company's trading levels to their highest...
Megaport Ltd (ASX: MP1) Share 1H FY 2024 Results, Guidance Remains Unchanged
February 20, 2024 06:16 PM AEDT| By Team Kalkine MediaInvestors in the S&P/ASX 200 Index witnessed a dip in the Megaport Ltd (,ASX: MP1,) share price today (20 February 2024), as it closed at AU$13.78 per share, reflecting a 0.14% decline from the previous day's close at AU$13.80. The drop followed the...
Nuix share price plunges 15% after swinging to half-year loss
February 19, 2024 06:31 PM AEDT| By Team Kalkine MediaThe Nuix Ltd (,ASX: NXL,) share price is facing significant downward pressure in Monday's trading session, with shares dropping as much as 15% to $1.65. This sharp decline follows the release of the company's half-year results, which failed to meet m...
Investing in Altium shares during a major takeover deal? Here's the scoop.
February 16, 2024 04:39 PM AEDT| By Team Kalkine MediaAltium Limited (,ASX: ALU),has experienced a remarkable week, with its shares surging by 28% after accepting a takeover offer. Over the past month, Altium's stock has soared by 43%, and in the span of six months, it has seen an impressive 79% increas...
Altium shares surge on $9.1 billion takeover deal.
February 15, 2024 08:07 PM AEDT| By Team Kalkine MediaThe share price of Altium Ltd (,ASX: ALU,) is experiencing a significant surge on Thursday morning, skyrocketing by 31% to reach $67.00. This remarkable increase follows the acceptance of a takeover offer from Japan's Renesas Electronics Corporation,...
Altium Ltd's (ASX: ALU) Shares Jump on Takeover Offer Acceptance from Renesas Electronics
February 15, 2024 12:44 PM AEDT| By Team Kalkine MediaIn the fast-paced world of stock markets, the spotlight is on Altium Ltd (,ASX: ALU,) as its shares experience an astounding 28.25% surge, reaching AU$65.74 apiece at the time of writing on 15 February 2024. This meteoric rise is attributed to the ea...
Audinate (ASX: AD8) shares skyrockets on Monday on positive half-year results
February 12, 2024 04:22 PM AEDT| By Team Kalkine MediaAudinate Group Ltd (,ASX: AD8,) has garnered attention as its shares surged by 16.53% to a record high of AU$18.68 apiece on 12 February 2024 following the release of its half-year results. The ASX 300 company reported impressive financial figures fo...
Ava Risk (ASX: AVA) shares soar on Telstra supply agreement
February 09, 2024 12:52 PM AEDT| By Team Kalkine MediaAva Risk Group Ltd (,ASX: AVA,), an ASX-listed tech share, is making waves as its shares soar by an impressive 23.46% to 20 cents during afternoon trade on 9 February 2024, temporarily halted for further developments.,The driving force behind this su...
Appen’s (ASX: APX) CEO Abandons its Ship
February 05, 2024 05:45 PM AEDT| By Team Kalkine MediaIn a shocking turn of events, Appen Ltd (,ASX: APX,) finds itself grappling with a plummeting share price on a Monday morning. The embattled artificial intelligence (AI) data services company's shares closed 5.36% lower at 26 cents. This abrupt decli...
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What’s driving Eagers Automotive’s (ASX: APE) share prices higher on Wednesday?
January 31, 2024 03:29 PM AEDT| By Team Kalkine MediaShares of Australia's Eagers Automotive (,ASX: APE,) have surged by 1.7% to AU$14.7 on 31 January 2024. This remarkable uptick is attributed to several factors, including positive projections by Bell Potter analysts, upgraded EPS estimates, and the a...
Megaport’s (ASX: MP1) share price marks nearly 27% rise on Tuesday. Here’s why.
January 30, 2024 07:22 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, Shares in Australia's Megaport Ltd (,ASX: MP1,) witnessed an extraordinary surge, closed 27.61% up at AU$12.48 apiece on Tuesday. This surge was attributed to the cloud network service provider's second-quarter operati...
Australia Takes a Stand: Cyber Sanctions Imposed After Medibank Data Breach
January 23, 2024 04:48 PM AEDT| By Team Kalkine MediaIn a significant move to combat cyber threats, Australia has imposed cyber sanctions on a Russian individual, Aleksandr Ermakov, allegedly involved in the massive data breach at Medibank (ASX: MPL). This breach, impacting around 10 million customers,...
Appen (ASX: APX) shares on radar on loosing contract with Google
January 23, 2024 01:25 PM AEDT| By Team Kalkine MediaIn the ever-evolving landscape of technology and artificial intelligence, Appen (,ASX: APX,) finds itself at a crossroads, grappling with challenges that have led to a significant downturn in its fortunes. Recent actions by Citi analysts have sent sh...
Investing in Droneshield? Discover How the Company is Embracing the AI Revolution
January 22, 2024 04:00 PM AEDT| By Team Kalkine MediaDroneshield Ltd (,ASX: DRO,) experienced fluctuating movements in its shares during morning trade, alternating between small gains and small losses. This,ASX technical stock,closed at 38.5 cents on Friday, and as of the current writing on Monday, sha...
Appen (ASX: APX) shares down 40% on termination of contract with search engine giant
January 22, 2024 03:18 PM AEDT| By Team Kalkine MediaIn a significant blow to Appen Ltd (,ASX: APX,), Google, the search engine giant, has decided to terminate its major contract with company. This unexpected development has sent shockwaves through the market, particularly impacting the value of Appen...
DroneShield (ASX: DRO) catching investors' eye today, shares up over 12%
January 16, 2024 02:20 PM AEDT| By Team Kalkine MediaInvestors are buzzing with excitement as DroneShield Ltd (,ASX: DRO,) takes a remarkable leap on 16 January 2024, surging over 10.81% to reach 41 cents. This surge follows the release of the company's latest quarterly update, which has evidently spar...
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