Technology

TechnologyOne Ltd (ASX:TNE) reaffirmed its upgraded FY26 guidance after reporting record annual recurring revenue, higher profitability and continued momentum from its SaaS+ strategy during the half year ended 31 March 2026 (H1 FY26). The enterprise software company also highlighted increasing adoption of its AI-focused …

TechnologyOne (ASX:TNE) and OFX Group (ASX:OFX) are both scheduled to report earnings on the ASX today, providing a timely snapshot of the local tech andFintechlandscape. With bond yields at one-year highs and global tech sentiment in flux, investors will be watching the numbers and …

AI stocks are under fresh pressure as US bond yields hit a one-year high and memory chip names lead a tech selloff. Seagate (Nasdaq:STX) slumped around 7% and Micron (NASDAQ:MU) fell about 6% after Seagate's CEO told a JPMorgan conference that new memory fabs …

Frontier Digital Ventures Ltd (ASX:FDV) moved sharply higher on 19 May after investors returned to the small-cap digital marketplace operator amid renewed interest in emerging markets technology exposure. The company closed at AUD0.36, up 7.46% for the session, after trading between an intraday low …

ASX technology stocks remain a smaller share of theindexthan US or Asian indices, but the cohort has high-quality companies aligned to global AI themes. For ASX investors seeking growth-tilted positions, the AI beneficiaries provide differentiated upside potential. The combination ofRecurring Revenuemodels, global addressable markets …

For aBusinesslong regarded as a benchmark for high-quality software growth on the ASX, the emergence of AI is not simply a thematic backdrop but a structural development that is influencing how the market evaluates future performance.

The move came alongside elevated trading activity compared with recent averages, suggesting increased participation during the session. Despite the pullback, SPN remains up around32.35% over the past year, highlighting its history of highVolatilitydriven by sentiment shifts rather than stableEarningsfundamentals.