Wednesday, July 6, 2022

Stock Market

Intelligent Monitoring Group Acquires Mammoth Technology Shares for $4.0 Million Upfront

Intelligent Monitoring Group Limited (ASX:IMB) has entered into an agreement to acquire all of the shares in Mammoth Technology Group (Mammoth) for $4.0 million upfront comprising $2.0 million in cash and $2.0 million in shares in the Company at...

$55 billion wiped off Australian share market on China lockdown fears

The ASX 200 index closed 2.1 per cent lower at 7,318 points on Tuesday, with every sector posting losses.Falling commodity prices pushed Australia stocks down as concerns over China's severe COVID-19 restrictions and its impact on global economic growth...

HALO Technologies makes ASX debut following $36 million raise

Target raise of AUD$35 million exceeded with the raise closing at $36,139,308Halo Technologies Holdings Limited (ASX:HAL), was admitted to the Official List. The securities of HAL will commence quotation at 1.30pm on Tuesday, 26 April 2022.HALO Technologies has completed...

ASX forecast to drop as Meta’s historic fall drives Wall Street lower

A historic drop in the share price of Facebook's parent company helped to push other tech stocks on Wall Street on Thursday, abruptly ending a four-day winning streak for the market.The 26.4% wipeout of meta platforms, as the Facebook...

Delta Drone International To Divest Parazero For A$6 Million In Cash

Delta Drone International Limited (ASX: DLT) has entered  into a binding agreement with a consortium of investors* led by NASDAQ-listed Medigus Ltd  and facilitated by Israeli venture capital firm L.I.A Pure Capital Ltd (collectively “Buyers”) to sell  ParaZero Technologies...

5 Best Tech Stocks On The ASX

Which ASX tech stocks performed best in 2021?Here’s a look at the five top ASX technology stocks by share price performance.Australia is home to a thriving technology sector with new investment opportunities emerging in various sub-sectors such as...

Tech Stocks Worst Week Since The Pandemic In March 2020

Falling deeper into correction territory after Nasdaq tumbles 2%U.S. stocks tumbled on Friday, closing out a losing week and continuing a rough start to 2022. The Nasdaq Composite was hit the hardest with Friday’s selling sending the tech-heavy index...

No-code app development startup Cogniss banks $1.1M from crowdfunding

Cogniss is the world’s first no-code app development platform that empowers anyone to create cost-effective, sophisticated Human Transformation apps without the need for coding skillsAustralian tech startup Cogniss closed its successful equity crowd-sourced funding (CSF) campaign on Thursday 2nd...

Beginners Guide to Bitcoin, What you Need to Know

Bitcoin Guide | Since its spectacular climb in 2017, Bitcoin has become the most talked-about topic in the Crypto world! If you think that’s incredible, wait till you hear what’s next!!Bitcoin has already been making news for quite some...

SiteMinder lists at a market capitalisation of AU$1.36 billion

SiteMinder the world’s leading open hotel commerce platform, will today commence trading on the Australian Securities Exchange (ASX) under the ticker code ‘SDR’ following an oversubscribed Initial Public Offering (IPO) of AU$627 million. Under the IPO, 123,913,043 shares were offered...

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As The Cost Of Living Soars New Technology Is Helping Australians

The Australian technology industry is facing an employment crisis. The COVID border closures and a growing reliance on digital...