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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Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Months

Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Months

Chinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since slamming the Chinese government back in October. A clip* of Mr Ma delivering a speech at the online...

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Smartpay Holdings (NZX:SPY) demonstrates revenue growth in Q3 FY21

Smartpay Holdings (NZX:SPY) demonstrates revenue growth in Q3 FY21

Summary Smartpay Holdings business in New Zealand has witnessed a steady growth with a 2% increase in the Q3FY21 as compared to Q2FY21. The consolidated revenue for New Zealand and Australia saw a 24% rise as compared to the same time last year...

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NZX 50 listed 3 Technology Stocks worth looking at in 2021- RAK, IKE, SCT

NZX 50 listed 3 Technology Stocks worth looking at in 2021- RAK, IKE, SCT

Summary By December 2020, NZX was up by ~14%, owing to the growth in technology and healthcare sector stocks. Rakon’s 6-months report highlighted revenue growth up by $2.6 million standing at $59.5 million. ikeGPS added $20 million to th...

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Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues

Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues

The market leader in the online advertising business, Alphabet-owned Google, has completed the health device producer Fitbit's acquisition worth USD 2.1 billion.  Image source: pixabay The mega-company announced it on 14 January 2021. The ...

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The spotlight on Affirm and its bearing on the Market

The spotlight on Affirm and its bearing on the Market

BNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th...

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What’s accelerating Wellington Drive’s (NZX:WDT) stock growth

What’s accelerating Wellington Drive’s (NZX:WDT) stock growth

Auckland-based Wellington Drive Technology Limited (NZX:WDT) stock closed 7.53% up at NZ$0.100 on 14 January 2021. The Company provides cloud-based platforms and (IoT) solutions to the retail food and beverage (F&B) industry worldwide. Wellington...

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Jack Ma-Xi Jinping Standoff: The Battle Between Chinese Govt vs Private Tech

Jack Ma-Xi Jinping Standoff: The Battle Between Chinese Govt vs Private Tech

After speculation of billionaire entrepreneur Jack Ma missing for two months, reports now claim that the Chinese government is seeking to nationalize his billion-dollar companies, Alibaba and the Ant Group. The rumors come in the backdrop of a Chines...

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Twitter & Facebook Stocks Plunge As Trump-backed Investors Retract

Twitter & Facebook Stocks Plunge As Trump-backed Investors Retract

Twitter Inc. (TWTR:US or NYSE: TWTR) and Facebook Inc. (FB:US or NASDAQ: FB) stocks declined in the early trading hours of Monday (January 11, 2021) after the social-media giants banned US President Trump's account. This pan-social media ban against ...

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Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person

Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person

Tesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...

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Why Rakon’s shares are trading with flying colours

Why Rakon’s shares are trading with flying colours

Rakon Limited (NZX:RAK) is trading 15.63% up at NZ$0.74 at the time of writing.  High technology company, which designs and manufactures high-precision frequency controls, has performed better than expected last year. The Company’s prof...

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