Today: 21 May 2026
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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

  • Stock Movers Today: Nvidia Rises on Strong Earnings, Intuit Falls After Layoffs
    May 21, 2026, 6:18 AM EDT. Nvidia shares climbed after reporting better-than-expected earnings, driven by robust sales in its chip business. In contrast, Intuit's stock dropped following news of workforce reductions, weighing on investor confidence. Other notable movers included Applied Digital and Walmart, reflecting mixed sector performances.

Latest articles

Dow slides 406 points as the AI surge stalls and an oil shock rattles the US market

US Stock Futures Tick Higher As Nvidia Earnings Put Wall Street’s AI Rally Back In Focus

21 May 2026
U.S. stock index futures rose slightly early Thursday, with Dow futures up 111 points and S&P 500 and Nasdaq 100 futures posting smaller gains. Nvidia reported record quarterly revenue of $81.6 billion and announced an $80 billion share buyback, but shares slipped in premarket trading. The U.S. 10-year Treasury yield hovered near 4.58%. Oil prices edged lower amid ongoing Middle East developments.
Nu Holdings Shares Rebound as Street Scrutinizes Credit Again

Nu Holdings Shares Rebound as Street Scrutinizes Credit Again

21 May 2026
Nu Holdings shares hovered near $12.79 in early New York indications Thursday after a 4.1% rebound, but remained down 23.6% for 2026. UBS cut its price target to $16.90 from $18.10 while keeping a Buy rating. The company reported record first-quarter revenue and profit but increased loan-loss reserves, raising investor concerns over credit quality.
Nokia Shares Slide as Company Moves on AI Networking

Nokia Shares Slide as Company Moves on AI Networking

21 May 2026
Nokia shares fell 0.7% to 11.650 euros in Helsinki on Thursday, underperforming the OMX Helsinki 25 index, after the company opened a new AI Networking Innovation Lab in Sunnyvale, California. The stock had recently hit a 16-year high following strong first-quarter results and a surge in AI and cloud orders.
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