Motio (ASX:MXO) posted its highest-ever revenue month in June 2026 and Q1 FY27 forward bookings jumped 20.3% as operating leverage emerges.
Tech Stocks
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The cohort COVID era ASX IPOs was significantly large, but there were far more dud companies than successes. During 2021, A$13bn in capital was raised and the total value of new listings was $52 billion - with the latter including dual listings, direct listings and spinoffs. The average performance was 17% which was actually better…
The global AI selloff has spread to Asia, and it hit hard. On Thursday, 2 July 2026, South Korea's two memory giants tumbled: SK Hynix fell about 14.6%, and Samsung Electronics dropped about 9%. The selling was so heavy it forced an emergency pause in trading on the Kospi, South Korea's main stock index. For…
Meta (NASDAQ:META) was one of the market's biggest winners this week, jumping about 9% to around US$613 on Wednesday 1 July 2026. The reason was a report that the company plans to start selling its spare AI computing power to other businesses. On a week when many AI stocks were falling, Meta stood out. So…
While AI chip stocks were crashing this week, Microsoft (NASDAQ:MSFT) did the opposite. The software giant rose about 3% to around US$384 on Wednesday, 1 July 2026, one of the market's few big winners on a rough day for tech. On the same day, Micron fell about 10.6%, AMD lost 6.9%, and Intel dropped 9%.…
Micron (NASDAQ:MU) fell about 10% on Wednesday, 1 July, closing near US$1,032, even though it had reported the best quarter in its history just a week earlier. That is the strange part. The results were excellent, but the stock still dropped hard. Here is why it happened and what it means for investors now.
Micron…
Megaport (ASX:MP1) closes its A$308m retail entitlement offer at 105% take-up, settling the dilution debate and shifting focus to AI execution.
Electro Optic Systems (ASX:EOS) books A$38m in new orders across naval R400 and MARSS counter-drone, showing end-market diversification is landing.
SanDisk (NASDAQ:SNDK) has given investors whiplash this week. On Tuesday, the stock jumped almost 11% after Bernstein set a bold US$3,000 price target. Then on Wednesday it did the opposite, falling around 11% back to roughly US$2,016. The odd part? The drop came on the same day Bank of America lifted its own target to…
Objective Corporation (ASX:OCL) loses its 25-year Australian Department of Defence USP contract, wiping FY26 ARR growth guidance of 10 to 14%.
