Tech stocks

The Australian sharemarket extended its winning streak to a third day on Tuesday, buoyed by an increase in interest rate-sensitive stocks as traders await fresh US CPI data to be released on Wednesday night (AEDT). The benchmark S &…

It was a positive start to the week for the Australian share market which rallied on Monday as investors raised their bets that the Federal Reserve and other central banks had finished raising interest rates.Josh Gilbert, market analyst at…

The Australian share market rebounded strongly on Thursday, buoyed by gains in cyclical stocks, after a lacklustre start to trading. The benchmark S&P/ASX200 added 0.74 per cent, or 52 points, to reach 7,087.3, while the broader All…

The Australian share market edged higher on Thursday as heavy losses in tech and energy stocks were offset by gains in health stocks.The S & P/ASX200 edged up by 0.3 per cent to close at 7,014.9 points. The All Ords also climbed 0.2 per…

The Australian share market edged slightly higher on Wednesday, as a rally in tech stocks offset losses in mining and energy shares.The S & P/ASX200 added 0.3 per cent, or 18.3 points, to close at 6,995.4, while the All Ordinaries…

The Australian share market fell to its lowest level in more than 12 months on Monday as traders grew increasingly concerned that the escalation of the Israel-Hamas war could spill over across the Middle East. The S & P/ASX200 lost 0.8…

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So much for the “Santa rally”.A mini stocks revival triggered by positive US economic data faltered overnight Thursday, in a rare loss for a time of year that normally delivers good news for traders.Wall Street stocks fell at the open of…

Bumble Inc. joined a broader rally for tech stocks Thursday fueled by softer-than-expected US inflation data, erasing a premarket plunge following its results. Bumble Inc. joined a broader rally for tech stocks Thursday fueled by…

A tech company experienced a horror day on the stock market with $1.2 billion wiped off its valuation after it revealed its losses had blown out and its CEO was leaving.Xero, a New Zealand-based company that provides accounting software for…