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Technology
Why Investors Were Buying Tech Stocks in August?
September 02, 2024 05:22 PM AEST| By Team Kalkine MediaIn August, while the S&P/ASX 200 Index remained largely stagnant, certain sectors surged ahead, with the technology sector standing out prominently. The S&P/ASX All Technology index recorded a notable 5.5% gain for the month, driven by impressive per...
RocketDNA Secures $350K Contract to Supply Autonomous PatrolBots for Mine Sites
September 02, 2024 10:12 AM AEST| By Team Kalkine MediaRocketDNA (ASX:RKT) has recently secured a notable $350,000 contract with SSG Security Solutions to provide its advanced autonomous PatrolBots for mine site security.,Innovative Security Solutions,RocketDNA’s PatrolBots are designed to enhance securi...
The Streaming Service Landscape in Australia: An Evolving Market
September 02, 2024 10:00 AM AEST| By Team Kalkine MediaAustralia's streaming market continues to expand despite economic challenges, including persistent cost-of-living pressures and 13 consecutive interest rate increases since mid-2022. While some consumers have adjusted by opting for more cost-effectiv...
Appen Reports 18% Revenue Drop Amidst Major Contract Loss
August 30, 2024 01:18 PM AEST| By Team Kalkine MediaAppen Ltd,(ASX: APX),, a prominent data services company, has announced a significant decline in revenue for the first half of 2024, reflecting the ongoing impact of losing a major contract with Google. Despite the challenges, the company has managed...
Ainsworth Game Technology's Recent Stock Surge Attracts Investor’s Attention
August 29, 2024 07:41 PM AEST| By Team Kalkine MediaAinsworth Game Technology (ASX:AGI) has seen its stock rise by 2.8% over the past week. This uptick prompts a closer examination of the company's financial indicators, particularly its Return on Equity (ROE), to understand the potential factors drivi...
Spenda (ASX:SPX) Reports Significant Growth and Strategic Partnerships in FY24
August 29, 2024 07:33 PM AEST| By Team Kalkine MediaSpenda Ltd (ASX:SPX) has delivered an impressive performance in the 2024 financial year, highlighted by a substantial 73% increase in revenue, reaching AU$5.4 million. The company's growth is attributed to its successful strategic partnerships with p...
Inside the High-Stakes Fight to End Gambling Advertisements
August 29, 2024 04:01 PM AEST| By Team Kalkine MediaGambling advertisements have become a constant presence during sports broadcasts, sparking widespread concern and leading to a parliamentary inquiry. Fourteen months ago, Labor MP Peta Murphy presented a report on online gambling in parliament, calli...
Why Nvidia’s Stellar Quarter Still Leaves Room for Doubt
August 29, 2024 10:34 AM AEST| By Team Kalkine MediaThe buzz around Nvidia Corporation (NASDAQ:NVDA) continues to captivate investors and analysts alike, with its recent performance sparking both awe and skepticism. Despite delivering an impressive set of second-quarter results, questions remain about...
One Click Group Achieves Revenue Milestone in CY2024
August 29, 2024 10:08 AM AEST| By Team Kalkine MediaTax Solutions Provider Surpasses CY2023 Revenue with Strong User Growth,One Click Group (ASX:1CG), a leading provider of tax solutions, has reached a significant milestone by exceeding its entire CY2023 revenue within the current year. This achieveme...
Tabcorp (ASX:TAH) Embarks on Strategic Reset Under New CEO Gillon McLachlan Amid $1.4 Billion Asset Write-Down
August 28, 2024 10:38 AM AEST| By Team Kalkine MediaTabcorp Holdings Ltd (ASX: TAH),, Australia's leading wagering and gaming company, is undergoing a significant strategic overhaul under its new Chief Executive Officer, Gillon McLachlan. The former AFL boss has scrapped the ambitious turnaround strat...
SiteMinder (ASX:SDR) Shares Edge Higher as EBITDA Turns Positive in FY24
August 27, 2024 04:55 PM AEST| By Team Kalkine MediaSiteMinder Ltd (ASX:SDR) shares rose slightly by 0.095% to AU$5.25 on Tuesday after the company released its full-year FY24 results, marking a significant turnaround in its financial performance. The share price, which opened at AU$5.24, initially di...
WiseTech Global Soars as Earnings Beat Expectations, Broker Sets Neutral Rating
August 22, 2024 02:05 PM AEST| By Team Kalkine MediaWiseTech Global,(ASX: WTC),, the high-flying software start-up known for its flagship CargoWise platform, has seen its stock surge by 8.4% to $121.10 at lunchtime. This impressive uptick follows a strong earnings report for the year ending June 30, w...
Data#3 Limited (ASX:DTL) Outperforms ASX 200 with Sales and Decent Dividend Growth
August 21, 2024 02:39 PM AEST| By Team Kalkine MediaData#3 Limited (ASX:DTL), a prominent player in the business technology solutions sector, has significantly outperformed the broader market today. While the S&P/ASX 200 Index (ASX: XJO) has posted a modest 0.5% loss, Data#3’s shares have surged by 5....
Appen Shares Surge Despite Lack of Explanation
August 20, 2024 12:13 PM AEST| By Team Kalkine MediaIn a dramatic turn of events, shares of the,ASX technology stock,Appen Ltd have surged 57% over the past five trading sessions, drawing significant attention and prompting an inquiry from the Australian Securities Exchange (ASX). This substantial inc...
Why are Zip Shares (ASX:ZIP) on Rise?
August 16, 2024 12:15 PM AEST| By Team Kalkine MediaZip Co Ltd (ASX:ZIP),saw its shares climb as much as 6% to AU$2.045, reaching their highest level since 1 August 2024. This marks the company’s most significant intraday gain since August 9 and positions Zip among the top gainers on the,S&P/ASX 200 I...
Five Tech Shares Shining on the ASX
August 14, 2024 04:47 PM AEST| By Team Kalkine MediaIt's been a promising day for the S&P/ASX 200 Index (ASX: XJO) and many ASX 200 shares this Wednesday. As of the latest update, the ASX 200 has climbed 0.37%, surpassing the 7,850-point mark, buoyed by positive investor sentiment. The optimism is lar...
Canva (ASX: CAN) Hires Big Tech Talent for IPO While Facing Executive Departures
August 13, 2024 11:20 AM AEST| By Team Kalkine MediaHighlights:,High,-Profile Departures,:,Canva (ASX: CAN) has experienced the exit of five senior executives from major tech firms like Meta, Adobe, and Google over the past 18 months, ahead of its,anticipated,IPO.,Leadership,Challenges,:,The departure...
JB Hi-Fi (ASX:JBH) Hits $9.59 Billion in FY 2024 Sales, Acquires E & S Trading Co
August 12, 2024 11:12 AM AEST| By Team Kalkine MediaHighlights:,JB Hi-Fi Ltd (ASX:JBH) achieved $9.59 billion in sales for FY 2024, with a net profit after tax of $438.8 million and earnings before interest and tax of $647.2 million.,The company saw a 1% increase in Australian sales to $6.61 billion a...
Life360 Increases Revenue Forecast and Reaches 70 Million Users
August 09, 2024 11:07 AM AEST| By Team Kalkine MediaLife360,(ASX: 360),, the popular family tracking app, has recently updated its revenue projections for the year, buoyed by robust user growth and ambitious plans for its global advertising expansion.,Revenue Guidance Upgraded,The Silicon Valley-based...
Audinate Group Ltd (ASX: AD8) Faces Significant Decline After Recent Update
August 06, 2024 03:10 PM AEST| By Team Kalkine MediaAudinate Group Ltd,(ASX: AD8),has seen its share price plunge by 35% following the release of its preliminary, unaudited FY24 results. The company, an,ASX technology stock,known for its Dante networking solution widely used across various industries...
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