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ASX:WTC.AX 19 January 2026 - 19 February 2026

WiseTech Global share price slides again as AI jitters keep hammering ASX software stocks

WiseTech Global share price slides again as AI jitters keep hammering ASX software stocks

WiseTech Global shares fell 2.6% to A$49.92 Thursday, extending a two-day loss to 13% and hitting a 52-week low. Trading volume surged to 4.08 million shares. The S&P/ASX 200 Information Technology sector dropped 9.4% amid global concerns over AI’s impact on software firms. Investors await WiseTech’s interim results on Feb. 25 for further guidance.
WiseTech Global (ASX:WTC) share price at a one-year low as tech stocks slide — what to watch next

WiseTech Global (ASX:WTC) share price at a one-year low as tech stocks slide — what to watch next

WiseTech Global shares fell 2.4% to A$58.00 Friday, their lowest in a year, after three days of declines and a 15% slide since January. The company faces regulatory pressure to divest Expedient following an ACCC ruling tied to its e2open acquisition. Half-year results are due Feb. 25, with the stock trading ex-dividend on March 13. The ASX tech sector also hit a two-year low Friday.
1 February 2026
Xero share price slides after Trump tariff threat hits tech — ASX:XRO sinks to 12‑month low

Xero share price slides after Trump tariff threat hits tech — ASX:XRO sinks to 12‑month low

Xero Ltd fell 2.6% to A$100.89 in Sydney, touching a 12-month low of A$98.23 during Monday’s session. The S&P/ASX 200 closed down 0.33%, pressured by losses in tech stocks after renewed U.S.-Europe tariff threats. Around 1.25 million Xero shares tied to its Melio acquisition became freely tradable last week. Traders are watching if Xero can hold above A$100 ahead of Tuesday’s open.

Stock Market Today

  • Cracker Barrel Shares Surge 26% After Unexpected Q3 Profit and Raised 2026 Guidance
    June 10, 2026, 1:02 PM EDT. Cracker Barrel shares jumped 26% following a surprise fiscal third-quarter profit, beating Wall Street forecasts despite a 2.9% revenue decline. The company raised its 2026 revenue guidance to $3.27-$3.30 billion and adjusted EBITDA to $120-$125 million, reflecting improved operating cash flow expectations. While comparable restaurant sales and traffic remain weak, investors are optimistic about cost-cutting measures, value menus, and brand rebuilding efforts driving the turnaround. CEO Julie Masino highlighted ongoing momentum in operational fixes and guest engagement, positioning Cracker Barrel for sustained recovery despite a challenging retail environment.

Latest articles

Cracker Barrel Jumps After Surprise Profit Forces Investors to Rethink Turnaround

Cracker Barrel Jumps After Surprise Profit Forces Investors to Rethink Turnaround

10 June 2026
Cracker Barrel shares soared 26% after a surprise Q3 profit and raised 2026 revenue and adjusted EBITDA outlook, even as restaurant traffic stayed negative; investors focused on improved guidance and cost cuts, with Wells Fargo upgrading the stock and raising its price target to $50, but risks remain if guest counts don’t recover.
Lemonade Shares Jump as Investors Zero In on Profit Path

Lemonade Shares Jump as Investors Zero In on Profit Path

10 June 2026
Lemonade shares jumped 10.6% to an intraday high above $60 after CEO Daniel Schreiber and CFO Tim Bixby appeared at Morgan Stanley’s U.S. Financials Conference, as investors focused on the company’s reiterated target for positive adjusted EBITDA in Q4 and a fresh TD Cowen price target hike, with shrinking losses and improved underwriting driving optimism.
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