ASX stories - Page 2

Global X launches Australia's first AI infrastructure ETF, AINF, targeting firms in data centres, energy, and raw materials amid rising AI demand.

Superloop has unveiled its Partner Program, offering IT channel companies new tools via the Krypton portal to boost benefits and competitiveness.

Elsight has secured an AUD $7.1 million supply agreement with a European drone manufacturer, expanding its footprint in the defence sector amidst rising demand.

Over 300 firms across New Zealand are finalists in the 30th Hi-Tech Awards, showcasing innovation across diverse tech sectors nationwide.

Atturra forecasts impressive first-half earnings for fiscal 2025, with estimated revenue of AUD $140-142 million, reflecting a 26-28% increase from last year.

Superloop has appointed Jason Ashton as Group Executive for Corporate Development & Smart Communities, boosting its leadership team.

DigitalX has raised USD $10.3 million and plans a rights issue to secure another USD $5.09 million, amid strong investor backing ahead of a key meeting.

Australia's Parliament has passed the Cyber Security Act, mandating businesses to report ransomware payments within 72 hours to bolster national security.

CoinFlip has launched its Wallet service in Australia and New Zealand, enhancing the ease of cryptocurrency transactions for users in the region.

Scalare Partners has launched its trading on the ASX, marking it as Australia's first early-stage tech accelerator to list, raising AUD $4.3 million.

HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.

Research by Sircel reveals just 19% of top Australian firms report e-waste in sustainability reports, despite it being the world's fastest-growing waste stream.

TCS is expanding its Future Athlete Project to Australia, using Digital Twin Heart tech to aid First Nations runners and tackle heart health disparities.

Creating a culture of belonging on boards is crucial for leveraging diverse perspectives, driving innovation, and enhancing long-term organisational performance.

WiseTech Global reports stellar FY24 with a 28% revenue rise to AUD $1,041.7 million and a robust EBITDA margin. New products and agreements fuel optimism.

An industry report by Birchal reveals Australian crowd-sourced funding grew by 16% in FY24, with AUD $64.5 million raised despite economic challenges.

Atturra forecasts FY24 revenue to exceed AUD $240 million, up 35%, with EBITDA between AUD $25 million and AUD $26 million. Exent acquisition aims to boost consulting capabilities.

Australian investment platform Stake has launched a new web platform with enhanced features. This platform provides investors with more sophisticated tools to manage their portfolios and make informed decisions.

Swoop Holdings reports a 17% year-on-year revenue increase in half-year results, attributing this robust growth to successful acquisitions and a subscriber increase to over 160,000.

State Street Corporation is set to go global with its Fund Connect ETF portal due to soaring demand, primarily from Europe and the APAC region, increasing automation's efficiency and reducing risk.