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Technology

ASX Tech Stocks Slide 1.5% Amid U.S. Debt Concerns

Australian tech shares fell sharply on Wednesday, with the sector losing as much as 1.5% during intraday trading — its largest single-session percentage loss since May 7. The selloff mirrored weakness on Wall Street, where investor sentiment was weighed down by concerns over an …

Team Kalkine | 22 May 2025

TechnologyOne (ASX: TNE) Shares Surge After First-Half Earnings Beat Expectations

TechnologyOne Ltd (ASX: TNE)shares surged to a record high following the release of its first-half FY2024 results, trading at A$37.20 as of 03:00 GMT up 12.7% on the day making it the top gainer on the ASX200 index, which rose 0.5%. Th company reported …

Team Kalkine | 20 May 2025

TechnologyOne Shares Rocket as Profit and Dividend Reach New Highs

TechnologyOne Ltd (ASX:TNE) shares surged 12% to AU$37.08 in early Tuesday trade after the company delivered another stellar earnings update, beating expectations and upgrading its full-year guidance.

Team Kalkine | 20 May 2025

Gentrack (ASX: GTK) Profit Climbs Over 35% Amid Lower Tax and FX Gains

Gentrack Group Ltd (ASX: GTK)shares moved lower on Monday, falling 5% to AU$10.58 following the release of the company’s half-year financial results to 31 March 2025. The market response reflects a contrast between sound financial performance and elevated investor expectations after a period of …

Team Kalkine | 19 May 2025

Xero Ltd (ASX: XRO) Rises After Mixed FY25 Outlook; Brokers Lift Price Targets to Over A$200

Shares ofXero Ltd (ASX: XRO)recovered on Thursday, reversing early session losses to end higher after investors digested the company’s FY25 earnings results and forward guidance. While the initial market reaction was negative due tounderwhelming earnings and expense guidance, sentiment shifted as brokers highlighted stronger-than-expected …

Team Kalkine | 16 May 2025

Appen Ltd (ASX: APX) Shares Surge 18% on FY25 Revenue Guidance and Growth Targets

Shares ofAppen Ltd (ASX: APX)jumped18% to A$1.45on Friday morning following the company’sannual general meeting, where it provided updated financial guidance and longer-term growth targets. The rise reflects investor response to a more optimistic near-term and strategic outlook, particularly around AI-driven opportunities and international expansion.

Team Kalkine | 16 May 2025

Australian Tech Stocks Surge to 3-Month Highs on Wall Street Rally and Trade Optimism

Australian technology stocks rallied sharply on Wednesday, with theS&P/ASX 200 Information Technology Index (XIJ)jumping as much as1.6% to 2,711.5, itshighest level since February 24. The gains came in step with anovernight rally on Wall Street, where softer U.S. inflation data and renewed trade optimism …

Team Kalkine | 14 May 2025

Wisetech Global Surges Over 7% Amid Tech Sector Rally on ASX

Wisetech Global Ltd (ASX:WTC) has delivered a standout performance on the ASX today, significantly outpacing the broader market as well as many of its tech peers. The logistics software provider's stock opened this morning at $102.66—well above yesterday’s close of $97.68—and continued its upward …

Team Kalkine | 13 May 2025

Australian Tech Stocks Surge on US-China Tariff Deal, Led by Life360 and WiseTech

Australian technology stocks soared on Tuesday, with theS&P/ASX 200 Information Technology Index (XIJ)climbing as much as4.5% to 2,698 points.The rally was largely inlockstep with Wall Street's overnight rebound, which came after the United States and China signed a deal totemporarily reduce tariffs.

Team Kalkine | 13 May 2025

Brainchip Holdings (ASX: BRN) Drops 4% on Monday. Here’s Why?

Shares ofBrainchip Holdings Ltd (ASX: BRN)fell 4% on Monday to A$0.23, continuing a downward trajectory that has seen the semiconductor company's share price decline over40% year-to-date. The decline follows a period of heightened volatility, with the stock fluctuating frequently in recent months but trending …

Team Kalkine | 12 May 2025
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