Technology Stocks

Down 67%, what’s going on with 4DS Memory (ASX:4DS) shares?

 Down 67%, what’s going on with 4DS Memory (ASX:4DS) shares?

Share price of 4DS has dropped by 65% on the ASX today after the company shared an update on its technology.

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Why Appen’s (ASX:APX) share price is down nearly 24% in early trade

Why Appen’s (ASX:APX) share price is down nearly 24% in early trade

  • May 27, 2022 10:30 AM AEST
  • Ashish

Highlights Appen’s shares are trading in the red after the collapse of its takeover bid. On Thursday, Appen confirmed receiving a takeover proposal from TELUS International. TELUS International proposed to acquire a 100% st...

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Catapult (ASX:CAT) reports 29% growth in subscription revenue in FY22

Catapult (ASX:CAT) reports 29% growth in subscription revenue in FY22

Highlights Catapult reports revenue growth pushed by increased subscriptions in FY22. The wearables company sees the SAAS model as beneficial for its customers. The company boasts of US$26.1 million cash at bank. ASX-listed wearables tech...

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What’s driving 30% rally in Appen (ASX:APX) share price?

What’s driving 30% rally in Appen (ASX:APX) share price?

  • May 26, 2022 10:54 AM AEST
  • Ashish

0). Appen Ltd (ASX:APX) on Thursday confirmed that it has received a takeover proposal worth AU$1.17 billion from Canadian technology firm TELUS International. Appen, which is an AI training data company, said that it received a receipt of an ...

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Pushpay (ASX:PPH) shares spurt after acquisition talks are confirmed   

Pushpay (ASX:PPH) shares spurt after acquisition talks are confirmed   

Shares of Pushpay Holdings Limited (ASX:PPH) froze on Tuesday during early trading hours. After the trading halt was lifted today (24 May 2022), the shares of Pushpay closed 15.62% up at AU$1.30 per share with a market capitalisation of AU$1.27 bil...

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TechnologyOne (ASX:TNE) posts record profit in 1HFY22

TechnologyOne (ASX:TNE) posts record profit in 1HFY22

Highlights TechnologyOne has booked its 13th consecutive year of record first-half earnings. The company’s SaaS ARR is up 44%, and profit after tax is 18%, driven by continued high demand for the TechnologyOne global SaaS ERP system. ...

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Gentrack (ASX:GTK) records 83% fall in EBITDA, how are shares responding?

Gentrack (ASX:GTK) records 83% fall in EBITDA, how are shares responding?

Highlights Gentrack marked 12% hike in revenue in a year. Growth in utilities business has backed the group’s revenue growth of 12%. Gentrack will not distribute interim dividend due to NPAT loss. Software solutions provider Gentrac...

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BrainChip (ASX:BRN) enters an AI Partner Program, ends strong

BrainChip (ASX:BRN) enters an AI Partner Program, ends strong

Highlights BrainChip has been accepted into the Arm AI Partner Program. Arm AI Partner Program will be supporting BrainChip’s Akida. In past five years, shares of BrainChip have surged by over 600%. Technology giant, BrainChip Holdi...

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Codan (ASX:CDA) expects record profit despite global market uncertainties

Codan (ASX:CDA) expects record profit despite global market uncertainties

High value-added electronics products manufacturer, Codan Limited (ASX:CDA), has shared a market update on Monday through ASX-announcement. The company has stated that it expects to deliver a profit of around AU$50 million in the second half of the...

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Why are ZIP shares (ASX:ZIP) on investors' radar?

Why are ZIP shares (ASX:ZIP) on investors' radar?

Highlights Zip Co Limited shares closed 6.896% higher at AU$0.930 per share on the ASX today. Friday turned out to be a gratifying day for technology stocks. Today, the S&P/ASX All Technology Index (ASX:XTX) was up 3.571% at 2128.300 point...

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Here's why Block Inc (ASX:SQ2) closed over 9% strong today

Here's why Block Inc (ASX:SQ2) closed over 9% strong today

  • May 20, 2022 05:35 PM AEST
  • Ritwika

Highlights Block shares marched higher today and ended the week on a positive note. Furthermore, the ASX 200 Information Technology sector was the best performing sector today. Block's share price on the ASX was impacted by a significant gain ...

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