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Technology
Zip (ASX:ZIP) shares witnesses astonishing rally recently. What’s happening?
September 18, 2024 11:15 AM AEST| By Team Kalkine MediaAfter three consecutive days of gains, shares in Zip Co Ltd (ASX:ZIP) dipped slightly on Tuesday, closing 1.2% lower at AU$2.38. While the S&P/ASX 200 Index (ASX: XJO) stock faced a minor pullback, this hasn’t significantly dented the stock’s remarka...
Xero (ASX:XRO) Share Price Increases Following US$70 Million Acquisition
September 17, 2024 05:40 PM AEST| By Team Kalkine MediaXero Ltd,(ASX: XRO),has seen a 2% uptick in its share price following the announcement of a significant acquisition. As one of the leading global providers of accounting software, Xero, an,ASX tech stock,, has revealed plans to acquire Syft Analytics...
Xero (ASX:XRO) to Acquire Syft Analytics for US$70 Million
September 17, 2024 11:20 AM AEST| By Team Kalkine MediaXero Limited (ASX:XRO) has announced its plan to acquire Syft Analytics, a leading global cloud-based platform for reporting, insights, and analytics tailored for accountants, bookkeepers, and small businesses.,Strategic Expansion in Analytics and Re...
Austal Secures US$450 Million Contract for US Shipyard Expansion
September 16, 2024 10:01 AM AEST| By Team Kalkine MediaAustal Ltd (ASX:ASB), a prominent player in the shipbuilding industry, has secured a substantial US$450 million contract to expand its shipyard in Alabama. This expansion is designed to enhance the shipyard's production capacity, with a focus on deli...
An In-Depth Look at Xero (XRO) Shares
September 11, 2024 03:41 PM AEST| By Team Kalkine MediaThe Xero Ltd share price has surged 25.5% since the start of 2024. Investors are showing strong interest in this cloud-based accounting software company. Let’s dive into what makes Xero an attractive option for many in the,ASX tech sector,.,Xero’s Gr...
NEXTDC (ASX:NXT) Shares Drop After Announcing AU$750 Million Capital Raising
September 11, 2024 03:02 PM AEST| By Team Kalkine MediaShares of Australian data center operator NEXTDC (ASX:NXT) fell as much as 4.3% to AU$17.075 on Wednesday, marking their biggest intraday decline since August 28. The drop followed the company's announcement of a major capital raising initiative, cau...
NextDC Dragging Tech Stocks into the Red: What’s Behind the Decline?
September 11, 2024 01:50 PM AEST| By Team Kalkine MediaOn Wednesday afternoon, data center operator NextDC Ltd,(ASX: NXT),is significantly impacting the technology sector, causing a broader decline among tech stocks. The company's latest financial maneuver has led to a noticeable drop in its share price,...
NextDC Ltd (ASX: NXT) Completes $550 Million Capital Raise and Announces Share Purchase Plan
September 11, 2024 12:43 PM AEST| By Team Kalkine MediaNextDC Ltd,(ASX: NXT),, a leading data center operator, has successfully completed its latest capital raise, securing $550 million through the issuance of 32.1 million new shares. The shares were issued at a price of $17.15 each, representing a 3.9%...
XReality Group Secures US Defence Contract for $5.6 Million to Supply Advanced Training Technology
September 11, 2024 10:26 AM AEST| By Team Kalkine MediaXReality Group Limited (ASX:XRG) has announced a significant breakthrough with the sale of its Operator XR training software to a U.S. government customer. The contract, valued at $5.6 million, marks a major milestone for the company, positioning its...
Zip Co vs. Klarna: Two BNPL companies gaining limelight in 2024
September 10, 2024 02:25 PM AEST| By Team Kalkine MediaIn 2024, Zip Co Ltd (ASX:ZIP) has emerged as one of the standout performers on the Australian Securities Exchange (ASX), boasting an extraordinary 241% gain since January. This surge reflects Zip's growing dominance in the Australian buy now, pay lat...
Tech Bytes: RMIT Experts Critique Australian AI Safety Standard for Insufficient Measures
September 09, 2024 03:41 PM AEST| By Team Kalkine MediaLast week, the Australian Federal Government introduced the 'Voluntary Artificial Intelligence (AI) Safety Standard,' a guideline designed to outline ten suggested AI safeguards and their implementation.,The government asserts that these guardrails a...
NextDC's Share Price Surge Draws ASX Attention Amid Market Buzz
September 05, 2024 04:21 PM AEST| By Team Kalkine MediaNextDC Ltd, a leading data centre operator, experienced a notable surge in its share price on Thursday, with its stock climbing to a peak of $18.14. This marked a significant increase from the previous day's closing price of $16.07, reflecting a 12%...
ASX 200 Rebounds: A Look at Notable Performers of Technology Sector
September 05, 2024 01:50 PM AEST| By Team Kalkine MediaIn early afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is showing a notable recovery, up 0.3% to 7,975.3 points. Amidst this rebound, several ASX shares are standing out with significant gains. Here’s a look at two companies experiencing notewort...
NextDC Shares Surge on Data Center Sector Buzz
September 05, 2024 12:00 PM AEST| By Team Kalkine MediaNextDC Limited shares are experiencing a notable uptick this morning, rising by 12% to $17.88. This increase comes despite no new announcements or updates from the company itself. The surge in NextDC's share price follows a broader trend of heightene...
Australian Technology Stocks Drop Sharply Amid U.S. Market Weakness
September 04, 2024 12:07 PM AEST| By Team Kalkine MediaAustralian technology stocks experienced a significant decline on Wednesday, with the technology sub-index falling as much as 2.5%. This marks the sector’s largest intraday percentage loss since August 5 and drives the sub-index to its lowest level s...
Nvidia’s (NASDAQ:NVDA) Decline and Its Implications for Global Markets
September 04, 2024 10:22 AM AEST| By Team Kalkine MediaNvidia's,(NASDAQ:NVDA),recent sharp decline has sent ripples across global markets, raising concerns among investors and regulators alike. The semiconductor giant experienced a historic drop in its share price, compounded by news of potential regulat...
Xero Shareholders See 16% CAGR Over the Last Five Years
September 03, 2024 09:17 PM AEST| By Team Kalkine MediaWhen investing in any stock, the most one can lose is 100% of the initial capital (assuming no leverage is used). However, the potential for gains can far exceed that, especially when a company performs exceptionally well. A case in point is Xero Lim...
Beonic (ASX:BEO) Gears Up for International Expansion with $5.5 Million Capital Raise
September 03, 2024 05:57 PM AEST| By Team Kalkine MediaBeonic Ltd is set to accelerate its international expansion plans following a successful capital raise, which has garnered significant support from sophisticated and professional investors. The Sydney-based company, an,ASX tech stock,, has secured a...
EML (ASX: EML) Share Price Rises Following Major Sale
September 03, 2024 04:35 PM AEST| By Team Kalkine MediaThe share price of EML Payments Ltd,(ASX: EML),has surged by over 4% following the company's recent announcement regarding the sale of its Sentenial division. This move represents a significant shift in EML’s strategic direction and financial outlook...
Xero’s share price jumps 114% in five years. Here’s why.
September 03, 2024 12:27 PM AEST| By Team Kalkine MediaXero Limited (ASX:XRO) has been a standout performer in the stock market, with its share price soaring 114% over the past five years. This impressive growth highlights the potential for substantial returns when investing in companies that are flouris...
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