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Technology
Here’s why Weebit Nano (ASX:WBT) shares skyrocketed 18% today
May 18, 2022 06:30 PM AEST| By RitwikaHighlights Weebit shares closed over 18% stronger today despite no significant announcement from the company. Weebit’s presentation at the International Memory Workshop in Germany must have impressed investors. The performance of the ASX.....
What pushed DroneShield’s (ASX:DRO) share price up today?
May 16, 2022 06:37 PM AEST| By RitwikaHighlights DroneShield ended today’s trading on a positive note. Experts believe that this share price push could be due to high demands for drone technology in Ukraine. The overall Information Technology sector also performed well on th...
Bigtincan (ASX:BTH) shares soar over 10% on deal with Oracle
May 13, 2022 02:51 PM AEST| By Sukriti NairHighlights Bigtincan Holdings Limited has announced partnership with Oracle Partner Network BTH share price surged over 10% in the first hour of trade on today (13 May) Anticipating market expansion, Bigtincan has improved its EBITDA guidance......
Xero (ASX:XRO) shares tank over 10%, hit 52-week low as company reports net loss in FY22
May 12, 2022 02:21 PM AEST| By Sonal GoyalHighlights Xero is the worst performing company on the ASX today. Xero delivered net loss despite recording revenues of over NZ$1 billion. Overall weakness in the technology sector also weighed on share prices of Xero. Shares of Xero Limi.....
NASDAQ’s tech stock rout continues; how are top five ASX tech stocks faring?
May 12, 2022 01:09 PM AEST| By AshishHighlights Highlights Australian tech stocks are trading in the red on Thursday after a sharp fall in the NASDAQ. The NASDAQ fell over 3% and the Dow Jones declined for a fifth straight day. The S&P All Technology Inde...
Electro Optic Systems (ASX:EOS) is making headlines today; here’s why
May 10, 2022 12:55 PM AEST| By Sonal GoyalHighlights: EOS has completed the testing of directed energy drone defence system successfully. This system can defend against emerging threats from swarm drone attacks. As per EOS, there is quite a robust demand for drones from existing and n.....
XPON subsidiary Wondaris expands reach by teaming up with Google CMU
May 06, 2022 06:55 PM AEST| By Aditi SarkarHighlights XPN’s Wondaris platform has teamed up with Google’s CMU program The partnership will allow clients to upload high-value audiences safely through easy and clickable workflow Customers will now be able to deliver marketing.....
Block Inc (ASX:SQ2) shares plunge over 2% amid loss in 1Q22
May 06, 2022 01:13 PM AEST| By Bhawna GuptaHighlights Bitcoin income fell by US$1.8 billion during the period compared to the same period last year. Transaction-based revenue grew by US$273.2 million during the quarter. Block’s shares were trading at AU$141.72 each, down 2.62%...
Sezzle (ASX:SZL) shares gain on first quarter update
April 29, 2022 06:23 PM AEST| By Sonal GoyalHighlights Sezzle’s group income increased by 6.2% during the first quarter that ended on 31 March 2022. Sezzle stands at US$60.6 million cash at the end of this given quarter. Sezzle is progressing with the cash-cost saving. ...
DroneShield (ASX:DRO) shares in focus on quarterly update
April 27, 2022 06:09 PM AEST| By Sonal GoyalHighlights DroneShield marked 89% rise in revenue compared to 2020. The company recorded 32% surge in the customers and grant receipts. The drone firm has been progressing well across geographies. DroneShield Limited (ASX:DRO) has release...
Block Inc. (ASX:SQ2) shares rally as ASX tech sector picks up
April 05, 2022 04:01 PM AEST| By Sonal GoyalHighlights Block Inc. share’s growth is driven by rise in the ASX tech sector as it is 3.47% up. Block Inc. informed about the data breach that came to knowledge quite recently. Block Inc. said that relevant regulatory authorities are be.....
Nearmap (ASX:NEA) & DroneShield (ASX:DRO) partner for launching new tech
April 05, 2022 02:25 PM AEST| By Sukriti NairHighlights Nearmap and DroneSheild join hands for DroneSentryC2TM software launch. Common technology user base seems to be a pushing factor for the partnership. While Nearmap shares are trading in red, DroneSheild share price is trading in gre.....
Mighty Kingdom (ASX:MKL) strikes deal with East Side Game Group
April 05, 2022 12:56 PM AEST| By Sonal GoyalHighlights Mighty Kingdom will work on a new mobile game with East Side Game Group. Today’s agreement is part of the partnership agreement signed between the companies in January 2022. During early trading hours, the shares rose almost 5.....
Reckon (ASX:RKN) collabs with Novatti Group (ASX:NOV), shares surge
April 04, 2022 02:26 PM AEST| By Aditi SahaHighlights Reckon Limited has entered into a partnership with Novatti Group Limited to incorporate payment solutions into its products. The goal of integration is to generate new revenue streams from current customers. Attractive transaction f.....
Why are Block (ASX:SQ2) shares trading in red today?
March 31, 2022 01:47 PM AEDT| By Priyanka PayalHighlights On Thursday, Block shares traded 3.916% lower at AU$186.750 per share on ASX at 12:06 PM AEDT. High inflation, Russia–Ukraine war and high-interest rates have had an impact on the performance of tech stocks lately. The sha.....
Nitro (ASX:NTO) shares zoom over 13% today, here's why
March 30, 2022 05:23 PM AEDT| By Bhawna GuptaHighlights Nitro's shares last traded at AU$1.61 each, up 13.83%, outperforming ASX 200 Information Technology Index. There is no specific reason provided by the company for this huge gain. However, the gain might be because of the rebound in .....
Catapult (ASX:CAT) signs multi-year deal with German Football Association
March 29, 2022 08:53 PM AEDT| By Sonal GoyalHighlights Catapult Group has been on investors’ radar amid the tech sector rally. Catapult has struck a huge, long-term agreement with German Football association, DFB - Akademie. The financial metrics of the deal are not disclosed. .....
Z1P, WTC & XRO: Why these ASX tech stocks rallied today
March 29, 2022 08:13 PM AEDT| By AayushHighlights The ASX 200 Information Technology index surged 3.28% to close at 1,809.1 on 29 March 2022. Tech shares such as Z1P, WTC and XRO outperformed the broader market today. The sector is highly sensitive to changes in the interest rates;.....
Nearmap (ASX:NEA) shares gain over 16% today. Here’s why
March 29, 2022 06:11 PM AEDT| By Sonal GoyalHighlights Nearmap Group has signed largest ever government annual contract in North America. The annual contract value (ACV) stands at AU$150 million. Recently, Nearmap has also reaffirmed its FY22 guidance, driving the overall upbeat momentu.....
PYG, IHR: Two ASX HR tech stocks that rode out COVID-19 storm in style
March 27, 2022 12:10 AM AEDT| By Mohammad ZaidHighlights The technology wave amid COVID-19 has compelled businesses to outsource HR functions for enhanced business efficiencies. ASX-listed HR tech companies like PYM and IHR have witnessed record financial numbers with sig.....
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