Technology

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...

Iress (ASX: IRE) Provides Additional Details on Unauthorised Access Incident
May 17, 2024 03:03 PM AEST| By Team Kalkine MediaIress Ltd (,ASX: IRE,), a leading provider of technology solutions for financial markets, has issued a further update regarding the unauthorised access incident it recently encountered. The company has acknowledged the emergence of certain statements...

Jarden Shares Bullish Outlook on Xero (ASX: XRO). Shares React.
May 16, 2024 04:45 PM AEST| By Team Kalkine MediaThe stock of New Zealand-based software-as-a-service company Xero (,ASX: XRO,) soared by as much as 4.79% to AU$127.54 apiece on 16 May 2024, marking its highest level since 3 April. This surge positioned Xero as the top gainer on the Australian tech...

ASX technology stocks jump on Thursday. XRO and WTC leads the gain
May 16, 2024 03:35 PM AEST| By Team Kalkine MediaAustralian technology stocks experienced a significant surge on Thursday (16 May 2024), climbing as much as 3.19% and reaching their highest level since March 26.,This surge comes as the rate-sensitive sub-index witnessed a notable increase, propelle...

Iress Ltd (ASX: IRE) Reports Unauthorised Entry into OneVue Production Environment
May 15, 2024 01:42 PM AEST| By Team Kalkine MediaAustralia's Iress Ltd (,ASX: IRE,) revealed on Wednesday that a stolen credential from its third-party user space was utilised to illicitly access client data within the production environment of the financial services software platform, OneVue, over...

Why is Life360's (ASX:360) share price experiencing a downturn today?
May 10, 2024 02:53 PM AEST| By Team Kalkine MediaLife360 Inc, (,ASX: 360,), recently unveiled its quarterly report, sparking a notable reaction in the market. The company, specialising in location technology, witnessed its share price take a downturn, slipping by around 4% to AU$14.90 in the aftern...

Megaport (ASX: MP1) Shares Tumble Despite Upgraded Earnings Forecast
April 29, 2024 04:56 PM AEST| By Team Kalkine MediaShares of Megaport Ltd (,ASX: MP1,), a network infrastructure operator, experienced a significant decline during early trading hours on Monday, but closed at AU$14.10, down 1.33.,Megaport upgraded its forecast for earnings before interest, taxes, dep...

Vinyl Group (ASX: VNL) Surges on RealWise Group Investment, Marking Record Highs
April 26, 2024 03:57 PM AEST| By Team Kalkine MediaVinyl Group (,ASX: VNL,) experiences a meteoric rise in its share price, surging by an impressive 35.42% to AU$0.13 apiece on 26 April 2024, reaching its zenith since 16 February 2021. The stock's remarkable ascent marks its most significant intraday...

NextDC Ltd (ASX: NXT) Share Price Rises as Retail Component of Capital Raising Entitlement Offer Opens
April 18, 2024 03:50 PM AEST| By Team Kalkine MediaThe NextDC Ltd (,ASX: NXT,) share price is making gains today, with shares of the tech stock trading up 0.6% to AU$15.70 apiece at 3:18 PM AEST. This follows a flat close at AU$15.55 per share yesterday, in line with the broader S&P/ASX 200 Index (AS...

NextDC (ASX: NXT) Share Price Dips On AU$1.32B Capital Raising Announcement
April 15, 2024 04:59 PM AEST| By Team Kalkine MediaToday, the NextDC (,ASX: NXT,) share price experienced a decline, reflecting the impact of recent developments. Closing Wednesday's trading session at AU$16.71 per share, the tech stock faced a trading halt following the company's announcement of an...

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