Key Points:
Broadcom (NASDAQ: AVGO) closed down about 13% even after a record quarter that beat profit forecasts, because its AI revenue outlook was strong but not the blowout…
Anthropic Files for IPO Before OpenAI- What It Means for ASX Tech Stocks
Anthropic, the company that makes the Claude AI chatbot, has confidentially filed to go public in the…
TechnologyOne Falls Despite Record Profit
TechnologyOne (ASX:TNE) slipped almost 4% today, even after handing in its 17th record first-half profit in a row. Annual recurring revenue, the lifeblood of any…
SKS Technologies Hits Record High on Contract Win
SKS Technologies (ASX: SKS) hit a fresh record high on Friday, touching A$8.20 intraday before closing at A$8.04, up 6.5%. The move…
BrainChip Deal Puts Akida AI Back in Focus
BrainChip Holdings (ASX:BRN) is back in focus this morning after the AI chip designer announced a new IP licensing agreement with South…
Megaport Lands Major AI Infrastructure Contract
Megaport (ASX:MP1) shares touched A$9.73 during a 9% intraday rally on Monday before closing up 5% at A$9.34 after the company landed a major…
Life360’s AI move could be a buying chance, not a warning
Life360 (ASX: 360) shares fell 3.28% to A$19.48 on Friday after CEO Lauren Antonoff announced a workforce reduction to…
PEXA Faces Regulatory Headwinds: What’s Next?
PEXA Group (ASX: PXA) had a bruising Wednesday, falling nearly 15% to close at A$12.97 after UBS downgraded the stock from buy to neutral…
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,…
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).…