Technology Stocks

How are 5 NZX technology stocks growing amid pandemic?

Technology stocks

Technology stocks refer to those stocks which are engaged in the technology sector and makes use of the latest advancements as well as software in delivering services to their customers. The importance of technology stocks can never be undermined ...

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Are these 3 NZX Tech Stocks- TRU, GEO, PX1 Pinning Hopes to Find Success in Australia?

Are these 3 NZX Tech Stocks- TRU, GEO, PX1 Pinning Hopes to Find Success in Australia?

Summary TruScreen has tapped Australian investors for $2 million to help facilitate the Company’s expansion into China. Geo has refocused its energy on growing its market share in Australia over the next three years. The Company may recon...

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Reddit Valuation Soars To $6 Billion After Latest Fundraiser

Reddit Valuation Soars To $6 Billion After Latest Fundraiser

  Riding high on the wave of attention for the role of one of its communities wallstreetbets that sent the US stock market into a frenzy, social media giant Reddit raised $250 million in series E funding on Monday. Founded in 2003, the compa...

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NZX50-listed High-potential Technology Stocks -- PX1, SPY, SCT

NZX50-listed High-potential Technology Stocks -- PX1, SPY, SCT

Summary In the last 52-week, NZX witnessed a steady performance by the technology sector stocks boosting the overall performance of NZX. Technology stocks on the NZX have performed well over the past 52 weeks. Investors have been enthused t...

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BNPL stocks react after the UK proposed regulatory changes

BNPL stocks react after the UK proposed regulatory changes

The unsecured credit market has been expanding with each passing year. The growing need for credit has risen for the diverse range of goods, demanded by consumers. The popularity of digital lending in the recent past has further expanded the credit...

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Apple Taps Bond Market for the Third Time Amidst Aggressive Share Buybacks and Dividends

Apple Taps Bond Market for the Third Time Amidst Aggressive Share Buybacks and Dividends

Apple Inc plans to sell USD 14 billion worth of bonds in order to take advantage of the current cheap borrowing cost, tapping the market for the third time since May 2020. while funding operations like share buybacks. Image Source: © Kalkine ...

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Why Wellington Drive (NZX:WDT) stock is on an upward trajectory

Why Wellington Drive (NZX:WDT) stock is on an upward trajectory

Summary On 2 February, by the end of the trading session, Wellington Drive shares were trading at $0.101, up 5.21% from the previous close. The Company recorded a revenue of $10.4 million in Q4 of 2020, significant improvement on the declines w...

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EROAD (NZX:ERD) provides December Quarter Operations report

EROAD (NZX:ERD) provides December Quarter Operations report

Summary The December quarter operational updates of EROAD shows good performance in Australia and New Zealand Trouble continues in North America, but the Company is working to resolve the issues quickly. For H2 FY21, the Company expects EBITDA...

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Are these NZX 50 listed 3 Technology Stocks- PEB, RAK, MHM the year’s biggest movers?

Are these NZX 50 listed 3 Technology Stocks- PEB, RAK, MHM the year’s biggest movers?

Summary Pacific Edge has secured partnerships to expand its presence in the US and investors recognise the opportunity for huge returns. Demand for Rakon’s components continues to grow and is not expected to slow down as 5G begins its rap...

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Why PaySauce Limited’s (NZX:PYS) shares are trading high on NZX?

Why PaySauce Limited’s (NZX:PYS) shares are trading high on NZX?

Summary On 25 January, PaySauce Limited shares were trading at NZ$0.3, up 3.45% on the previous close. The Group reported continued increase in revenue and customers in the third quarter oof 2021. The growth in Q3 of FY21 showed recovery of th...

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Why is SNC’s share price moving north?

Why is SNC’s share price moving north?

The stock of Southern Charter Financial Group Limited (NZX:SNC) closed the day’s trading up 100% at NZ$0.004 per share on January 22. Total shares traded in the market were 11.25k. SNC offers carrier billing, mobile application development, ma...

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