Technology

Infomedia (ASX:IFM) shares grabbed investors’ attention today, here’s why
May 27, 2022 06:38 PM AEST| By Priyanka PayalAssociates. The shares of ASX-listed technology company Infomedia Limited (ASX:IFM) closed 6.501% higher at AU$$1.720 on ASX after the company announced that it has received a further conditional non-binding indicative proposal from Battery Vent...

Catapult (ASX:CAT) reports 29% growth in subscription revenue in FY22
May 26, 2022 01:02 PM AEST| By Sukriti NairHighlights 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.....

TechnologyOne (ASX:TNE) posts record profit in 1HFY22
May 24, 2022 12:31 PM AEST| By Bhawna GuptaHighlights 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. .....

BrainChip (ASX:BRN) enters an AI Partner Program, ends strong
May 23, 2022 06:33 PM AEST| By Sonal GoyalHighlights 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.....

Why are ZIP shares (ASX:ZIP) on investors' radar?
May 20, 2022 07:37 PM AEST| By Priyanka PayalHighlights 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.....

Reckon (ASX:RKN) shares soar nearly 50%. Here’s why?
May 19, 2022 02:17 PM AEST| By Sonal GoyalHighlights Reckon to sell assets used by Accountants Practice Management Group for AU$100 million. Reckon expects to close the deal in next three months. On completion of transaction, Reckon will focus on legal practice management and business.....

Sims (ASX:SGM) acquires AU$88M land with deep water port access
May 19, 2022 12:11 PM AEST| By RitwikaHighlights Sims has acquired a new processing facility in Brisbane. The acquired land will also allow export shipments as it has access to a deep-water port. This acquisition will help Sims to lower its operating cost and maximise .....

Here’s why Weebit Nano (ASX:WBT) shares skyrocketed 18% today
May 18, 2022 06:30 PM AEST| By RitwikaHighlights Weebit shares closed over 18% stronger today despite no significant announcement from the company. Weebit’s presentation at the International Memory Workshop in Germany must have impressed investors. The performance of the ASX.....

What pushed DroneShield’s (ASX:DRO) share price up today?
May 16, 2022 06:37 PM AEST| By RitwikaHighlights DroneShield ended today’s trading on a positive note. Experts believe that this share price push could be due to high demands for drone technology in Ukraine. The overall Information Technology sector also performed well on th...

Bigtincan (ASX:BTH) shares soar over 10% on deal with Oracle
May 13, 2022 02:51 PM AEST| By Sukriti NairHighlights Bigtincan Holdings Limited has announced partnership with Oracle Partner Network BTH share price surged over 10% in the first hour of trade on today (13 May) Anticipating market expansion, Bigtincan has improved its EBITDA guidance......

Xero (ASX:XRO) shares tank over 10%, hit 52-week low as company reports net loss in FY22
May 12, 2022 02:21 PM AEST| By Sonal GoyalHighlights Xero is the worst performing company on the ASX today. Xero delivered net loss despite recording revenues of over NZ$1 billion. Overall weakness in the technology sector also weighed on share prices of Xero. Shares of Xero Limi.....

NASDAQ’s tech stock rout continues; how are top five ASX tech stocks faring?
May 12, 2022 01:09 PM AEST| By AshishHighlights Highlights Australian tech stocks are trading in the red on Thursday after a sharp fall in the NASDAQ. The NASDAQ fell over 3% and the Dow Jones declined for a fifth straight day. The S&P All Technology Inde...

Electro Optic Systems (ASX:EOS) is making headlines today; here’s why
May 10, 2022 12:55 PM AEST| By Sonal GoyalHighlights: EOS has completed the testing of directed energy drone defence system successfully. This system can defend against emerging threats from swarm drone attacks. As per EOS, there is quite a robust demand for drones from existing and n.....

XPON subsidiary Wondaris expands reach by teaming up with Google CMU
May 06, 2022 06:55 PM AEST| By Aditi SarkarHighlights XPN’s Wondaris platform has teamed up with Google’s CMU program The partnership will allow clients to upload high-value audiences safely through easy and clickable workflow Customers will now be able to deliver marketing.....

Block Inc (ASX:SQ2) shares plunge over 2% amid loss in 1Q22
May 06, 2022 01:13 PM AEST| By Bhawna GuptaHighlights Bitcoin income fell by US$1.8 billion during the period compared to the same period last year. Transaction-based revenue grew by US$273.2 million during the quarter. Block’s shares were trading at AU$141.72 each, down 2.62%...

Sezzle (ASX:SZL) shares gain on first quarter update
April 29, 2022 06:23 PM AEST| By Sonal GoyalHighlights Sezzle’s group income increased by 6.2% during the first quarter that ended on 31 March 2022. Sezzle stands at US$60.6 million cash at the end of this given quarter. Sezzle is progressing with the cash-cost saving. ...

DroneShield (ASX:DRO) shares in focus on quarterly update
April 27, 2022 06:09 PM AEST| By Sonal GoyalHighlights DroneShield marked 89% rise in revenue compared to 2020. The company recorded 32% surge in the customers and grant receipts. The drone firm has been progressing well across geographies. DroneShield Limited (ASX:DRO) has release...

Block Inc. (ASX:SQ2) shares rally as ASX tech sector picks up
April 05, 2022 04:01 PM AEST| By Sonal GoyalHighlights Block Inc. share’s growth is driven by rise in the ASX tech sector as it is 3.47% up. Block Inc. informed about the data breach that came to knowledge quite recently. Block Inc. said that relevant regulatory authorities are be.....

Nearmap (ASX:NEA) & DroneShield (ASX:DRO) partner for launching new tech
April 05, 2022 02:25 PM AEST| By Sukriti NairHighlights Nearmap and DroneSheild join hands for DroneSentryC2TM software launch. Common technology user base seems to be a pushing factor for the partnership. While Nearmap shares are trading in red, DroneSheild share price is trading in gre.....

Mighty Kingdom (ASX:MKL) strikes deal with East Side Game Group
April 05, 2022 12:56 PM AEST| By Sonal GoyalHighlights Mighty Kingdom will work on a new mobile game with East Side Game Group. Today’s agreement is part of the partnership agreement signed between the companies in January 2022. During early trading hours, the shares rose almost 5.....

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