ASX tech stocks face fresh pressure after Atlassian’s AI job cuts
Atlassian (NASDAQ: TEAM), the Australian-founded software company behind Jira and Confluence, has announced it is cutting approximately 1,600 jobs, around 10% of its global workforce, with roughly 30% of those roles based in Australia. The stock fell around 3.3% during the trading day, then…
Oil just delivered one of its most dramatic reversals in years. Brent crude surged to an intraday high of US$119.50 on March 9 as US and Israeli strikes on Iran triggered fears of a prolonged Strait of Hormuz shutdown. Within 48 hours, prices had pulled back to around US$91 after President Trump signalled the Iran…
Ora Banda Surges as Round Dam Hits 1.33 Moz
Ora Banda Mining (ASX: OBM) surged 21% to A$1.42 on Wednesday after announcing a resource upgrade that genuinely changes the story at its Davyhurst gold project in Western Australia. The Round Dam deposit, which held just 125,000 ounces not long ago, now contains 1.33 million ounces…
Macquarie Technology Wins A$200M Government Deal
Macquarie Technology (ASX: MAQ) jumped on Wednesday after the federal government committed A$200 million to the company through the National Reconstruction Fund Corporation (NRFC). What makes this deal stand out is not just the size. It is the fact that no new shares were issued, meaning existing shareholders are…
GQG Partners Share Price Falls Despite FUM Growth
GQG Partners (ASX: GQG) fell 5.5% on Wednesday, closing at A$1.80, adding to a slide that has now taken the stock down roughly 26% over the past year. Here is the puzzling part: the company's funds under management actually grew. FUM reached US$172.9bn as of 28 February…
OzAurum Moves Closer to Production
OzAurum Resources (ASX: OZM) climbed 5.26% to A$0.10 after receiving environmental approval from the Western Australian government for Stage 1 operations at its Mulgabbie North gold project. For most junior miners, getting through the environmental approval process is the hardest and most unpredictable part of the entire development journey. The…
Orthocell Moves Closer to UK Growth
Orthocell (ASX: OCC) just made a move that not every small-cap medtech company would make. Rather than waiting for regulatory approval before signing a UK distributor agreement, the company secured one early. On December 15, 2025, Orthocell submitted its application to the British Standards Institution seeking approval to sell…
Westgold Expansion Boosts Growth Case for WGX
Westgold Resources (ASX: WGX) rose just 3.2% to A$6.45 on Tuesday after its board approved a Final Investment Decision to expand its Higginsville Processing Hub in Western Australia at a cost of A$145 million. For a decision of this scale, the reaction was quiet. With gold prices hovering…
ASX Bounce Looks Fragile Despite Trump's Iran Remarks
The ASX 200 climbed 1.1% to close at 8,692.6 on Tuesday after US President Donald Trump told CBS News he believed the Iran conflict was "very complete, pretty much," sparking a wave of relief buying across the broader market. The big four banks led the charge, each…
Beach Energy Rises on Moomba Deal- Is It a Buy Now?
Beach Energy (ASX: BPT) spiked as much as 5% at Tuesday's open before pulling back to close up 1.3% at A$1.16, after the company announced a final investment decision on the A$250 million Moomba Central Optimisation project alongside joint venture partner Santos. The upgrade…
