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Technology
Why are Altium (ASX: ALU) shares on investors radar?
July 19, 2024 10:36 AM AEST| By Team Kalkine MediaFor beginners, investing in a company that tells a compelling story can seem enticing, even if it currently lacks a track record of revenue and profit. However, as legendary investor Peter Lynch said in "One Up On Wall Street," "Long shots almost nev...
Australian Technology Sub-Index Falls Amid Nasdaq Declines
July 18, 2024 11:44 AM AEST| By Team Kalkine MediaThe Australian technology sub-index (INDEXASX: XIJ) experienced a significant decline, slipping as much as 2.72% during morning trading hours on 18 July 2024. This marks the sub-index's biggest intraday percentage fall since July 1. The decline mirro...
Worley (ASX: WOR) Shares Surge on New Technology Partnership
July 17, 2024 02:44 PM AEST| By Team Kalkine MediaShares of Worley (,ASX: WOR,), an Australian engineering firm, saw a notable rise of up to 1.78% to AU$15.14, reaching their highest level since June 28. This surge follows an announcement regarding the selection of Worley Chemetics' proprietary sulp...
Australia's Information Technology Stocks Surge to New Heights – Here’s Why?
July 17, 2024 02:16 PM AEST| By Team Kalkine MediaAustralian information technology stocks surged today, with the AXIJ index rising as much as 1.7% to reach its highest level since September 27, 2021. This significant uptick follows a positive trend in Wall Street stocks, which closed higher on Tues...
Dramatic Plunge and Recovery: The Rollercoaster Day for DroneShiel (ASX: DRO)
July 17, 2024 10:03 AM AEST| By Team Kalkine MediaThe recent trading session on the Australian Stock Exchange (ASX) was relatively quiet for most investors. The All Ordinaries Index (ASX: XAO) experienced a minor decline, losing 0.23% of its value and closing at 8,243.3 points. However, the same can...
Australian IT Stocks Surge Amid Optimism in Global Markets
July 15, 2024 03:40 PM AEST| By Team Kalkine MediaAustralian IT stocks marked significant gains on Monday, with the .AXIJ index rising as much as 1.5%, reaching its highest level since November 19, 2021. The surge comes in tandem with positive sentiment from Wall Street, which closed higher on Frida...
MarketAxess (Nasdaq: MKTX) Reports Robust Growth in Trading Volumes for June and Q2 2024
July 04, 2024 06:35 PM PDT| By Team Kalkine MediaMarketAxess Holdings Inc. (,Nasdaq: MKTX,), a prominent electronic trading platform operator for fixed-income securities, reported significant trading volume and preliminary variable transaction fees per million (FPM) for June and the second quarter...
Australia's IT Stocks Experience Significant Intra-Day Decline
July 01, 2024 12:11 PM AEST| By Team Kalkine MediaAustralia's IT stocks (INDEXASX: XIJ) have experienced a notable decline, falling as much as 1.7% in intraday trading on 1 July 2024, marking their biggest loss since 17 May if the current trend continues. This downturn mirrors the weaker performance...
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Australian Tech Stocks Lead the ASX with Stellar First-Half Performance
June 28, 2024 04:14 PM AEST| By Team Kalkine MediaAustralia's tech sub-index (INDEXASX: XIJ) has surged more than 28% in the first half of 2024, marking it as the top performer within the benchmark ASX 200 index (XJO). This impressive rise builds on last year's nearly 30% increase, driven by heighte...
Bell Potter Bullish on ASX Tech Stocks for FY 2025
June 27, 2024 12:21 PM AEST| By Team Kalkine MediaThe technology sector has been a standout performer in the Australian stock market over the past year, with the S&P ASX All Technology index delivering an impressive 32% return. This growth significantly outpaces the ASX 200 index, highlighting the r...
Australian IT Stocks Surge Amidst Global Tech Rally
June 13, 2024 03:11 PM AEST| By Team Kalkine MediaAustralia's IT stocks are experiencing significant gains today, with the sub-index climbing as much as 2.22%. If this trend holds, it will mark the sector's largest daily gain since 23 May 2024. The sub-index has reached its highest level since 3 Jun...
Reevaluating Xero (ASX: XRO): Exploring ROE and Earnings Growth
June 07, 2024 03:45 PM AEST| By Team Kalkine MediaAmidst a recent 4.3% decline in its stock, Xero (,ASX: XRO,) may have slipped under investors' radars. However, a closer examination of the company's fundamentals unveils a promising picture, particularly when it comes to long-term financial metrics...
Australian Information Technology Stocks Surge on Nasdaq's Record High and Fed Policy Easing Hopes
June 06, 2024 02:20 PM AEST| By Team Kalkine MediaAustralia's information technology stocks (AXIJ) experienced a significant upswing on Thursday, with the sub-index rising as much as 1.9%, marking its most substantial intraday percentage gain since May 23. This surge comes as a welcome relief, snapp...
Xero (ASX: XRO) Share Price Paused Amid Major Convertible Notes Offering
June 05, 2024 01:44 PM AEST| By Team Kalkine MediaThe Xero Ltd (,ASX: XRO,) share price was temporarily halted from trading on Wednesday morning, leaving investors wondering about the reasons behind the pause.,Convertible Notes Offering,Xero announced a significant development—a convertible notes of...
Seek (ASX: SEK) Shares Surge on News of Latin American Asset Sale
June 05, 2024 01:29 PM AEST| By Team KalkineShares of Seek Limited (,ASX: SEK,) soared by as much as 4.56% to AU$23.72 apiece on 5 June 2024, marking a potential best day since April 22 if these gains hold. This surge pushed the employment marketplace provider to its highest level since May 22...
ASX All Technology Index: A Beacon of Growth Amidst Economic Uncertainty
June 04, 2024 01:14 PM AEST| By Team Kalkine MediaIn the dynamic landscape of financial markets, few indices have captured attention quite like the ASX All Technology Index. Since its inception in February 2020, this index has emerged as a beacon of growth, delivering an impressive 69.6% climb. Howe...
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Papyrus Australia (ASX: PPY) Shares Surge on Positive April Activities Report
May 31, 2024 04:16 PM AEST| By Team Kalkine MediaPapyrus Australia Ltd (,ASX: PPY,) experienced a notable boost in its share price, rising 16.7% to trade at 1.4 cents during the afternoon trade on 31 May 2024. This increase follows the release of the company’s activities report for April 2024, whic...
WiseTech Global's (ASX: WTC) Strong Financial Performance Fuels Market Optimism
May 30, 2024 05:14 PM AEST| By Team Kalkine MediaWiseTech Global (,ASX: WTC,) has been on an impressive upward trajectory in the share market, with its stock rising by 5.8% over the last month. This robust performance has drawn attention to the company's financial health, prompting an analysis of i...
Analysts Raise Price Targets of Xero (ASX: XRO)
May 24, 2024 11:21 AM AEST| By Team Kalkine MediaShares of ASX-listed Xero (,ASX: XRO,) recovered some of their early losses after initially dropping by as much as 1.8% on Thursday. By the end of the day, the stock was down just 0.3%, trading at AU$134.41, mirroring a decline in the broader benchma...
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...
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