Why Are Tech and SaaS Stocks Selling Off Right Now?
You have probably felt the brute force of this sell-off first-hand. Many portfolios have taken a hit, and it is not just the speculative end of the market.
Even some of the ASX mid and large-cap darlings, names like Xero and WiseTech Global, are now more…
Tech Stocks
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The 50% CGT discount on shares is one of the key mechanisms that helps investors keep as much of their cash as they have earned on their investments. We felt that it was time to write a stand-alone article about this in light of the inflation crisis and how it could lead to investors seeking…
DataWorks Group surges after Ontario contract expansion
DataWorks Group (ASX: DWG) surged 26.7 per cent to A$0.19 on Wednesday after announcing a major contract expansion with iGaming Ontario worth more than C$12.5 million (approximately A$14 million). This expansion comes on top of the original A$10 million deal signed in August 2024, bringing the total Ontario…
The SaaS Reset Creates a New Entry Debate for Xero Shares
Across the Australian tech complex, we have seen a clear de rating cycle in many premium SaaS and infrastructure names including WiseTech, Xero, TechnologyOne and Megaport. In our view, this has largely been a healthy correction rather than a collapse in business quality.
Many of…
Is the Market Missing the Real Question on Wisetech Global
From writing on over 100 different ASX companies over the past year, one fundamental lesson keeps showing up again and again.
Making money in markets is rarely about simply buying “great companies” or chasing the next big idea. It’s about buying quality businesses at the right…
We all know high interest rates impact tech stocks - yesterday's hike by the RBA led to the ASX 200's list of laggards today dominated by the largest tech companies including WiseTech, Xero and TechnologyOne.
But while most investors would know that fact, not all investors would be aware of just how they do. In this…
SpaceX xAI Takeover, The Full Story
SpaceX says it has acquired xAI, and the internal memo frames the combination as a vertically integrated innovation engine spanning rockets, satellites and communications, and AI.
The memo does not lay out full financial disclosure, but the reported valuation context is already eye-watering. Reuters reported the transaction as being valued…
Aura Buys Qoria, Shareholders Roll Into Aura CDIs
Aura is proposing to acquire 100% of Qoria via a scheme of arrangement, governed by a Merger Implementation Deed. If it proceeds, the combined group is intended to list on the ASX under the proposed ticker AXQ.
What makes this structure worth paying attention to is the consideration.…
So what happened with Elsight?
This is a company that just delivered a very strong earnings result and, importantly, its first full calendar year of profitability. Yet the stock still fell about 15%. When you see that kind of disconnect, it usually tells you the issue is not the result, it is the price.
Elsight has…
Microsoft Shares Slide As AI Infrastructure Costs Eclipse The Beat
What stood out this week the divergence between the fate of Microsoft shares and Meta shares. Meta rose about 10% after what we would call a mixed quarterly result, while Microsoft fell roughly 10% despite beating expectations on both revenue and earnings. It is a…
